Andrew McBarnet joins in a 10th birthday party.It is not entirely coincidental that the current market optimism discernible in the marine seismic community extends to the offshore electromagnetic (EM) survey business. The two technology applications…
Glynn Rhinehart (pictured) has been named president of Fugro Chance, replacing Phil Stutes who has been promoted to Americas regional director of Fugro’s survey division. Dr Guy Oliver (pictured) has been named president of Fugro Robertson in Houston…
Fugro Subsea Services has introduced 3D sea current profiles to its DeepWorks line of subsea simulators, allowing users to model complex currents at various depths and locations. The modeled currents provide more realistic environmental…
FMC Technologies has signed a definitive agreement to acquire control and automation system solutions provider Control Systems International (CSI). Founded in 1968, CSI is headquartered in Lenexa, Kansas, and has operations in Irvine, California…
Trial runPerth-based subsea engineering and remote technology firm Velocious has rolled out a new ‘mock' ROV that the company says can be configured to any industry standard workclass ROV, including the six most widely used ROVs in subsea construction…
A rising tide of seismic demand has quite suddenly changed the conversation in the marine seismic community. Andrew McBarnet explains why.It’s amazing sometimes how quickly the clouds can clear. Just a month or two ago marine seismic companies were forecasting another flat year…
Dr Nancy Bowers (pictured) has joined Fugro Gravity & Magnetic Services as senior geophysicist, based in Houston and responsible for gravity and magnetic data sales. Bowers previously owned and operated Subsurface Interpretation Services.
Andrew McBarnet puts the decision-making of marine seismic companies under the microscope.Carrying on where we left off (OE last month), the future of financially troubled SeaBird Exploration and its ocean bottom node (OBN) seismic acquisition business remains unclear…
Siemens last month increased its stake in UK tidal energy company Marine Current Turbines to 45%, with Michael Axmann, CFO of Siemens Energy's newly established solar & hydro division, declaring: ‘We will actively shape the commercialization process of innovative marine current power plants…
Hunting has completed the acquisition of Specialty Supply for an initial cash consideration of $31 million. Located in Houston, Specialty manufactures precisionmachined MWD parts used in directional drilling markets worldwide.Lankhorst Mouldings and…
FirmsGreatship Subsea Solutions and Gregg Marine formed an alliance to offer subsea geotechnical site investigation services globally. The venture plans to offer a DP2 geotechnical drillship with a seafloor drill capable of coring and sampling in 3000m water depth…
FirmsTechnip acquired Global Industries in a deal worth $1.07 billion and expected to close early 2012. Technip sees the merger increasing its market reach in the Gulf of Mexico, Asia- Pacific and Middle East regions. Global Industries currently has about 2300 employees and operates 14 vessels…
Mindful of Offshore Europe in Aberdeen this month, Andrew McBarnet explains why seismic companies keep coming back to the mainly mature offshore hydrocarbon province of northwest Europe.It's not the most elegant of sayings but 'there's life…
OE's popular annual guide to oil & gas developments on the Northwest European Continental Shelf returns, fully updated.Operators in the UK sector of the North Sea were taken aback in March this year by UK Chancellor George Osborne's decision to raise the supplementary tax rate from 20% to 32%…
Serial offshore innovator Fraser Innes, a familiar face from early North Sea days through his stewardship of Petroline, is continuing his technology-stretching ways today as CEO of the Dutch-based Paradigm Group and chairman of its two UK offshoots…
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