Ageotec expands ROV production capacity
2009.09.20 -
Company News
As the result of growing business opportunities and Rov’s success worldwide, Ageotec has decided to expand its production capacity through enlarging its existing production and laboratory areas at our plant in Como. The new area will mostly be dedicated to the increased and renovated electronic laboratory which has been fitted out to the highest specifications and standards.
This will help improve technological innovation as well as efficiency of the production process since all mechanical and electronic technology is entirely developed inside the company. The entire facility include warehouse, R&D area, electronic laboratory, production and mechanical laboratory for assembling and customization process and a well appointed test area with proof tanks and under pressure test systems.
The expansion of the technical and production capabilities is a response to the need to offer added value and state of the art products and services to customers with a view towards a further development over the long term.
Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.
Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by ConocoPhillips. This acquisition is subject to the approval of the Australian authorities.
Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into contracts with Keppel AmFELS, Inc. for the construction of four Super 116E class jack-ups. The rigs will be built at AmFELS' Brownsville, Texas shipyard, with delivery scheduled at approximately four-month intervals beginning in the second quarter of 2010.
Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.
Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.
