KONGSBERG signs deal with offshore intallation group

Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text

Industry

TGS Expands Multi-client Seismic Library in Offshore Greenland

2010.07.19 - Industry -

TGS Expands Multi-client Seismic Library in Offshore Greenland

TGS announced acquisition commencement of 15,000 km of multi-client 2D seismic data off the northwest coast of Greenland in Baffin Bay. This season marks the 12th consecutive year of new data acquisition by TGS in Greenland. TGS will utilize the M/V Bergen Surveyor to acquire the survey. The data processing will be done at TGS' imaging center in Bedford, England. Full text

Seatronics invests in multibeam sonars from R2Sonic

2010.06.17 - Industry -

Seatronics invests in multibeam sonars from R2Sonic

Seatronics has invested heavily to acquire Sonic 2024 units for its bases in Aberdeen, Singapore and Abu Dhabi. Soon there will be two units available at all four of the Seatronics bases: the three just mentioned plus the base in Houston. As a further illustration of Seatronics’ commitment to this leading-edge technology, the company has been appointed the exclusive sales agent for R2Sonic in the Middle East region. Full text

Balmoral earns rapid recognition for international efforts

2010.04.18 - Industry -

Balmoral earns rapid recognition for international efforts

After only four years in business, Balmoral Offshore Engineering (BOE), a division of Aberdeen-based BalmoralComtec Ltd, has achieved the Queen’s Award for Enterprise in the International Trade category. Overseas sales increased by almost 700% between 2007 and 2009 with a current 80% of manufactured products being shipped overseas. Full text

EnerMech Powers Ahead With £11 Million Norson Acquisition

2010.04.16 - Industry -

EnerMech Powers Ahead With £11 Million Norson Acquisition

Hydraulics engineering firm Norson Power has been acquired by mechanical services company EnerMech Ltd in an £11 million deal. Founded in 1974 in Aberdeen, Norson Power provides hydraulic pipework installation and designs and manufactures hydraulic equipment for the oil, gas and marine industries. Full text

Spectrum's Big Wave expansion boosted by Obama lease proposal

2010.04.15 - Industry -

Spectrum's Big Wave expansion boosted by Obama lease proposal

Spectrum has commenced Phase 4 of the Big Wave Multi-Client seismic programme in the eastern Gulf of Mexico just days after the Obama administration announced its eastern Gulf of Mexico lease proposal. The new acquisition commenced on 4th April using the GGS Atlantic 2D seismic vessel. Full text

Seatronics Inc invest in CDL Inc’s Fibre Optic Gyro

2010.04.15 - Industry -

Seatronics Inc invest in CDL Inc’s Fibre Optic Gyro

Houston based – CDL Inc has sold four of its new Fibre Optic Gyro Systems, the TOGS, to Seatronics Inc, a world leader in the Subsea and Marine rental industry with offices around the world in key Oil and Gas hubs. The four gyro systems are currently set for delivery between March and the end of May to Seatronics Inc’s Houston office. Full text

AGR Petroleum Services bags 400th well

2010.04.07 - Industry -

AGR Petroleum Services, part of AGR Group, has announced that it has successfully drilled its 400th well in ten years. The significant milestone was confirmed during a presentation to senior oil and gas players in London yesterday (Tuesday 6 April). Full text

ASB acquisition gives Spectrum Australia's largest MC 2D seismic library

2010.03.20 - Industry -

Spectrum entered into an agreement on the 16th March to purchase Australian Seismic Brokers Pty Limited "ASB", increasing Spectrum's modern 2D Multi-Client data library in the Far East by over 150,000km. Full text

Grenland Group to expand in Bergen

2010.03.19 - Industry -

Grenland Group to expand in Bergen

Grenland Group opens new offices in Bergen. Simultaneously with the company opening offices in the Millennium building near Bergen Airport Flesland, Grenland Group has also signed a letter of intent for the take-over of the established Bergen company, CIC Engineering AS. Full text

BASF and Trelleborg Offshore announce Trident™ launch

2010.03.12 - Industry -

BASF Polyurethane Solutions today announced that it has formed a strategic alliance with Trelleborg Offshore US Inc, to develop and market Trident™ thermal insulation for subsea applications. Trident is the next generation of Glass Syntactic Polyurethane (GSPU) and enters the market as the new standard in GSPU for the insulation of subsea structures. Full text

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