Fugro-TSM Asia Pacific has been awarded a five-year life of field support contract in Malaysia from Murphy Oil worth in excess of $140 million. Project management and engineering will be spread between the Fugro-TSM offices in Malaysia and Singapore.
A prediction of an oil price slump in less than a decade prompts Andrew McBarnet to onder on the prevailing wind currently favouring the marine seismic business.Possibly the most provocative oil industry analysis to surface in the last few months emanates from the portals of academia…
Andrew McBarnet offers this kaleidoscope of impressions from a major gathering of the geoscience community.At the end of any big industry event like last month's annual conference and exhibition of the European Association of Geoscientists & Engineers (EAGE) in Copenhagen…
Marine survey and environmental consultancy Emu, with annual revenues over E20 million, has been acquired by Fugro.
Seismic surveys with increased bandwidth are the way forward. There will be some winners and losers, reports Andrew McBarnet.Talk about the boss ignoring the spoiler alert. In the last few weeks new Schlumberger CEO Paal Kibsgaard has been…
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…
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…
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…
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