Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky.Shell has spent about $7 billion…
Leading classification society Bureau Veritas has opened a Verification Academy which will help it to meet increasing demand for verification in the EU and globally and to cement its leadership in verification.The Aberdeen-based academy…
A new factory trawler fishing vessel being built for Norwegian marine trawling operator Halstensen Granit AS is to feature a complete Wärtsilä propulsion solution. The vessel is under construction at the Tersan yard in Turkey and the Wärtsilä equipment is scheduled for delivery in mid-2016…
Divers Northern Fleet raised from the bottom of the Kola Bay, an American anti-aircraft gun, which lay there for 70 years.Earlier it was reported that the specialists of the search and rescue (UPASR) Northern Fleet (NF) completed the…
From Naryan-Mar complex expedition started 'Investigation Atlantic walrus habitat' for the study of animal southeastern Barents Sea.The expedition of seven experts on the research vessel 'Kartesh' organized by the Council on Marine Mammals (CMM)…
Polish energy company Polskie Gornictwo Naftowe i Gazownictwo (PGNiG) will compete with Russian companies Rosneft and Lukoil, as well as a number of other companies, for Norwegian Arctic licenses. If successful, PGNiG could potentially…
Russia’s Northern Fleet has completed naval exercises in the Barents Sea, Defense Ministry’s head of the Northern Fleet’s press service said. The naval exercises included anti-ship, anti-submarine drills with torpedoes and depth charges…
TGS-NOPEC Geophysical Company ASA (TGS) signs letter of intent (LoI) for charter of an estimated six months of 3d vessel capacity from Oslo-listed seismic vessel operator Polarcus. TGS intends to charter a vessel from Polarcus in 2016 to…
The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge The Goliat platform has arrived in Hammerfest, Norway last week, after a 63-day journey from South Korea covering 15…
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS' multi-client data library in Norway now covers 44…
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 52.5 million in the fourth quarter 2014, up from USD 41.7 million in the third quarter and from USD 44.9 million in the corresponding quarter in 2013. Contract sales totaled USD 25…
On December 18, Member of Rosneft Board of Directors, special representative of President of the Russian Federation on international cooperation in the Arctic and Antarctic Artur Chilingarov made a report 'Russia and Norway: Prospects for…
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, stated that the surveillance vessel “Marjata” was named at Vard Langsten by the Norwegian Prime Minister, Mrs. Erna Solberg…
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'This sale…
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
