Worldwide Acceptance Grows for the OceanServer Iver2 AUV
2010.12.21 -
Company News
OceanServer Technology announced today that it has received purchase orders for 12 new Iver2 AUVs from seven different customers during the last two months. Vehicle orders span four different defense related applications with the majority of these vehicles going to overseas customers. Research related vehicles will be delivered to Woods Hole Oceanographic Institute (WHOI), University of Michigan, YSI Environmental and the US Naval Research Laboratory.
The University of Michigan will be taking delivery of their third Iver2 AUV, which will be primarily used for benthic mapping and water quality monitoring in several EPA-designated "areas of concern" in and around the Great Lakes. OceanServer expects to deliver all of the vehicles by the middle of the first quarter in 2011.
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.
