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Fugro Seals MC Library Sale with Spectrum

July 4, 2015

Spectrum has completed the purchase of Fugro’s multi-client library for a cash consideration of $115 million (approximately EUR 100 million) on a cash- and debt-free basis. Sales from the acquired library will be reported in Spectrum’s P&L from June 1, 2015. Sales from the acquired library for the period 1 January to 31 May 2015 will… Continue Reading »

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Petrobras History of Failed Plans Raises Doubt over New Promises

July 4, 2015

Brazilian state-run oil company Petroleo Brasileiro SA’s long history of failed spending and output plans may be the biggest obstacle to its efforts to convince investors it will reduce its massive debt. The company’s $90 billion cut on Monday from planned investment over five years and 30 percent reduction to its 2020 oil and natural… Continue Reading »

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EMGS in $2 Mln Barents Data Agreement

July 4, 2015

Norway’s Electromagnetic Geoservices (EMGS) has secured two new data licensing deals for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. In accordance with the company’s multi-client data library update, EMGS’s in Norway now covers 50,000 square kilometers of 3D full azimuth Multi-Client data in the Barents Sea. According… Continue Reading »

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Subsea UK’s Online Learning Programme for New Subsea Engineers

July 3, 2015

Subsea UK has launched its new online learning programme to support the development of new engineers and technicians entering the subsea sector and to develop graduates to become the next generation of engineers to help the UK’s £9 billion subsea sector achieve its global potential. The Introduction to Subsea Engineering course can be completed in… Continue Reading »

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US Issues Potential Setback To Shell’s Arctic Drilling Plan

July 3, 2015

The Obama administration dealt a setback to Royal Dutch Shell’s Arctic oil exploration plans on Tuesday, saying established walrus and polar bear protections prevent the company from drilling with two rigs simultaneously at close range, as it had planned. The U.S. Fish and Wildlife Service issued Shell a permit which emphasized that under 2013 federal… Continue Reading »

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TAMRF Extends JOIDES Resolution Charter

July 3, 2015

Overseas Drilling and Texas A&M Research Foundation (TAMRF) have agreed the extension of TAMRF’s charter of the scientific research vessel ‘JOIDES Resolution’. According to Overseas Drilling’s parent company Siem Offshore, the extension is until September 30,2016 and TAMRF has further options to extend the charter until September 30, 2023 on an annual basis. The JOIDES… Continue Reading »

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Malaysian Student Pursues Dream of Working as a Mixed Gas Diver in Oil and Gas

July 3, 2015

Malaysian Fedrick Ukab Labong was attracted to the career of commercial diving as, with two-thirds of the world being covered by water, it is an endless sector to explore. Fedrick lives in Selangor, Malaysia, and before becoming a commercial diver he worked in land construction and as a SCUBA diving instructor, so had a good… Continue Reading »

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Divex Recognised for COBRA at Elevator Awards

July 3, 2015

As their new bailout rebreather COBRA nears availability, the team at Divex are recognised for their innovation at the annual Elevator Awards. COBRA (Compact Bailout Rebreathing Apparatus) is developed by the Divex design team in Aberdeen to respond to an urgent safety requirement in the world’s saturation diving industry. The system provides extended emergency breathing… Continue Reading »

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A 20 Week Diving Certification Course To Boost Your Career

July 3, 2015

Do underwater sports attract you? Then you must grab this chance of turning your passion into a career. If you are out of school and still wondering how can you excel in your career then you must join the Divers Academy International where you can learn underwater welding, commercial and scuba diving within a span… Continue Reading »

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