Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…
For the fourth consecutive year, Harris CapRock Communications has been ranked number one on The Independent Top Twenty listing by the World Teleport Association (WTA). The company also ranked fifth on The Global Top Twenty in 2014 based on total revenue and year-over-year growth…
Specialised shipbuilder Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured two contracts worth a total of about S$65 million.The first contract was awarded by Seaways International Pte…
Transpetro’s board of directors approved CEO José Sergio de Oliveira Machado’s request to extend unpaid leave to January 21, 2015. The decision was made at a meeting held on January 5, 2015, Petrobras announced. Cláudio Ribeiro Teixeira…
Tank level monitoring is a common wireless application used in upstream pumping, oil and gas, wastewater, agriculture and other industrial applications to eliminate run-outs and overflows while optimizing and ensuring the integrity of operations…
Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…
BW Offshore and Seagull Oil & Gas are cooperating to develop training material for the offshore industry.Building on a training relationship stretching back almost two decades, BW Offshore and Seagull are developing new training material to cover BW Offshore’s process and production operations…
USS Fort Worth joins USS Sampson (DDG 102), which has been on station since Dec. 29.Fort Worth is the littoral combat ship (LCS) on a rotational deployment to the U.S. 7th Fleet and brings maneuverability, speed and a shallow draft, which…
Otto Marine Limited sold an Anchor Handling Tug Supply Vessel to a renowned unrelated third party for US$100 million.DNV classed and Norwegian-designed, the VS491 21,000 bhp AHTS is a hybrid propulsion diesel electric driven vessel with dynamic positioning 2 (DP2) technology…
Senior Chinese and Vietnamese officials have agreed to settle their maritime disputes without resorting to 'megaphone diplomacy', the official Xinhua news service said on Saturday.The agency's report follows a meeting in Hanoi on Friday…
Ithaca Energy Inc. announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015.Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior…
Yamal is seen as the future of the Russian gas industryDevelopment of an unparalleled gas production center is well underway in Yamal, in harsh Arctic latitudes. The annual design capacity at Bovanenkovo has already amounted to 90 billion cubic meters of gas…
The Sparrows Group has made two key appointments to its senior management team as it looks to enhance its market share in the U.K. and grow its operations throughout the rest of Europe during 2015, the company said.The group has promoted Mark Beveridge to the role of European Operations Director…
Randall Bergeron and C.D. Schempf Jr. assume new roles with Tesla Offshore LLCTesla Offshore LLC, an offshore survey service provider, has announced the retirement of Randall P. Bergeron as President and CEO of the company effective December 15…
Faststream USA Managing Director Eric Peters defines the risks in hiring contract workers in today’s marine and offshore markets, and lays out the course to mitigating those headaches. Recruitment, insurance and peace of mind – all rolled into one neat package…