The Bureau of Safety and Environmental Enforcement (BSEE) responded to an equipment failure onboard Transocean's Deepwater Nautilus semisubmersible drilling rig in the US Gulf of Mexico, the agency reported on 10 June 2014. Operator Shell Offshore Inc…
Luxembourg-based investment firm JACCAR Holdings has made a takeover bid for French offshore vessel owner Bourbon. JACCAR, the private, maritime sector-focused, investment company of Jacques de Chateauvieux, Bourbon’s chairman, already directly owns 26…
Petrobras' partners in the BC-10 development, also known as Parque das Conchas, have finalized a buyout worth approximately US$1.6 billion for the Brazilian national's 35% interest in the project. Shell will pay $1 billion for its additional 23% interest…
GE’s Energy Management Services business is extending the scope of its marine services training centers at key locations around the world. The training centers provide operator and maintenance training to GE customers and its own field service engineers for its Dynamic Positioning (DP) products…
India’s ONGC Videsh Ltd. (OVL) acquired a 12% interest in Parque das Conchas (Block BC-10), located in the Campos Basin offshore Brazil’s southeastern coast. Production from the second development phase began earlier this month. Block BC-10 includes four offshore deepwater fields - Ostra…
CGG announced its award by PETRONAS of a contract to acquire and process a 10,000sq km, 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM. The survey started in August and is due to last five months. The survey…
Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines…
Pemex Exploration and Production has recently drilled three successful wells testing the deepwater Perdido Fold Belt, but questions remain about the NOC’s timing to develop the offshore discoveries. Mexico’s earliest deepwater exploration was in 2003…
Sercel announces the launch of Sentinel® MS, its new multi-sensor solid streamer to address the needs of the E&P Industry for ever more detailed and accurate images of the subsurface. In addition to the high-quality pressure measurement…
Dr Keith Millheim, managing director of Nautilus International, a distinguished professor who has also worked with Conoco, Amoco Production, and Anadarko Petroleum, was one of the first to see the potential in automating oil fields. Back in 2008…
Gardline Marine Sciences, the world’s largest independently owned survey group, and OceanPact, Brazilian leading oil spill response company in Brazil, today announced the establishment of a joint venture\. he new company is to be called Gardline Marine Sciences do Brasil S…
CGGVeritas marine seismic operations have undergone a major modernisation programme and the introduction of new technology. Andrew McBarnet reviews progress.Something of a Gallic flourish can be detected about the CGGVeritas multi-client survey in the Keathley Canyon area of the US Gulf of Mexico…
Cape Wind clears another hurdleAnother challenge to its long-delayed quest to become the US’s first offshore wind farm was successfully fought off by Cape Wind as federal regulators in August upheld an earlier decision that said the project posed no threat to airways…
Andrew McBarnet suggests that the major marine seismic players are favourites to win in a crowded market.You would never realise it from the current crop of financial results and muted forward-looking statements from CEOs of marine seismic vessel operators…
Andrew McBarnet detects a shift of emphasis in the marketing of marine seismic.The marine seismic industry is well used to the cyclical nature of its operations, but could currently be described as being in something of a state of limbo. This…
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