Dutch deep-sea prospector Fugro reported on Monday a 19.2 percent rise in full-year 2018 revenue to 1.65 billion euros ($1.87 billion), helped by growth across all divisions.The company met its 2018 revenue and EBIT (earnings before interest and tax) margin targets…
TGS, a provider of seismic data for the oil industry, proposed on Thursday a higher-than-expected dividend despite lower-than-expected profits in the fourth quarter and said demand from oil companies would continue picking up this year.Seismic…
Subsea technology company Rovco said it has formed an invested partnership with offshore engineering firm Global Marine Group (GMG) to bring intelligent inspection, repair and maintenance (IRM) solutions to the global offshore market.GMG, made up of three business units - Global Offshore…
Offshore geophysical company Polarcus said it has been awarded a contract for a 3D marine seismic acquisition project in West Africa.The project will commence in the first quarter of 2019 with an approximate duration of six weeks.
UAE-based marine geophysical company Polarcus announced Thursday it has been awarded a 3D marine seismic acquisition project offshore Mexico for an unnamed customer.Polarcus said the project duration is approximately 45-days and is scheduled to commence in the second quarter of 2019.
Bergen based Swire Seabed has ordered its first autonomous underwater vehicle (AUV), a HUGIN system configured for commercial survey applications from manufacturer Kongsberg Maritime, the firm announced Thursday.According to Swire Seabed, the…
U.S. based seabed survey and ocean exploration company Ocean Infinity announced Wednesday that its Brazilian partner has been awarded a contract to provide high-resolution hydrographic mapping services to Brazilian national oil company Petrobras…
Marine survey company Gardline has appointed Christiaan Vermeijden as Chief Executive Officer, effective immediately. Vermeijden will replace Gardline's current interim CEO, Gerben Eggink.Vermeijden joins the U.K. based Royal Boskalis Westminster N…
Cyprus based marine seismic player SeaBird Exploration said it has been awarded a contract to acquire 2D seismic data for an international oil and gas company in the Americas region.The survey is due to commence during the second quarter of 2019 and is estimated to run for approximately two months…
Marine geophysical firm Polarcus Limited announced it has won a contract from Dubai Petroleum Establishment for a combined towed streamer and ocean bottom node (OBN) 3D seismic acquisition and processing project in the Middle East.The project…
Attorneys general from nine U.S. states sued the Trump administration on Thursday to stop future seismic tests for oil and gas deposits off the East Coast, joining a lawsuit from environmentalists concerned the tests harm whales and dolphins…
Ocean Power Technologies' PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project that aims to develop, deploy and demonstrate wave energy renewable technologies in oil and gas operations, the U.S.-based ocean energy solutions provider announced Wednesday…
Subsea laser LiDAR (SL) technology and 3D data visualization solutions specialist 3D at Depth said it has expanded several global office locations and launched a new portfolio of services designed to support cohesive workflow efficiencies for offshore oil field design through decommissioning…
Offshore geophysical company Polarcus Limited announced Monday that it has received a contract award for an XArray marine seismic acquisition project in West Africa.The project will commence in Q1 2019 with an approximate duration of two months…
Environmental groups opposed to offshore drilling sued the federal government on Tuesday to prevent future seismic tests for oil and gas deposits in Atlantic waters off the U.S. East Coast.Seismic testing, which uses air gun blasts, violates federal laws that protect marine mammals…
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