The Local Organizing Committee of the OCEANS ’15 MTS/IEEE Washington, DC conference and exhibition announced that Rep. Sam Farr, co-chair of the House Oceans Caucus (HOC), and Dr. Rick Spinrad, National Oceanic and Atmospheric Administration (NOAA) Chief Scientist…
Mainboard‐listed Mermaid Maritime Public Company Limited a leading provider of subsea and drilling services for the offshore oil and gas industry, would like to announce that it has received early termination of contract from its international…
State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result of the drilling of the northernmost well in the world – the Universitetskaya-1 well…
2H Offshore, an Acteon company, has invested in office facilities in Malaysia and Australia, to support ongoing growth in the Asia Pacific region, the company announced. “The subsea oil and gas industry in Asia Pacific continues to grow rapidly…
True Heading, a leading manufacturer of Automatic Identification System (AIS) and telematics solutions, announced today they will fulfill a major order from the world’s largest defense contractor, Lockheed Martin.Building on a longstanding partnership…
The Petrobras Orca–1 exploratory well (Tayrona Block) has revealed a natural gas accumulation in Colombian Caribbean deep waters, 40 km off the coast of La Guajira. This is the first discovery in the history of the deep water exploration of this region of the Caribbean…
Europort 2015, the exhibition for maritime technology, has announced a special exhibitor package to benefit companies new to the marketplace and support them in showcasing their talents to the industry worldwide. The Europort ‘New-2-Market’…
The second phase of an ambitious project to gather valuable information on ocean processes and marine life using a fleet of innovative marine robots has just reached its conclusion. Co-ordinated by the National Oceanography Centre (NOC),…
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'This sale…
SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash.OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%)…
Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has signed an agreement for the sale of its entire stake in Keppel FMO (KFMO) to Cofely GDF SUEZ for a cash consideration of S$44.72 million, subject to a post…
Statoil has been recommended as Johan Sverdrup operator. Their agreement will be included in the Unit Operating Agreement (UOA), which is planned to be submitted to the authorities in February 2015 together with the Plan for Development and Operation (PDO)…
Russia's rouble and shares hit new lows on Friday as oil prices collapsed after OPEC decided to leave its output unchanged despite heavy oversupply.At 1000 GMT, the rouble was around 2.2 percent below the previous close at 49.72 roubles per dollar…
Royal IHC (IHC) has today successfully launched Subsea 7's 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was performed by Mrs Anelise Lara, Petrobras Executive Manager for the Libra Project…
Zargon Oil & Gas Ltd. announces that it has entered into a definitive purchase and sale agreement to sell its Hamilton Lake property for $25 million. Property DispositionZargon has entered into an agreement to sell its petroleum and…
