Eidesvik Scores Work for Two Vessels
Norwegian shipping company Eidesvik Offshore ASA has signed a letter of intent (LoI) with Seabed Geosolution for the use of two vessels. Contract commencement are ultimo January to primo February and the duration is expected to last for the remaining part of 2018. The LoI is for the use of the multi-purpose support vessel Subsea Viking and for the use of the seismic vessel Vantage. Recently, Eidesvik Invest AS, together with some of the largest shareholders in Eidesvik Offshore, have undertaken to subscribe new equity in a private placement of NOK 120 million at a price of NOK 5 per share.
Eastern Echo Orders Seismic Vessels
Eastern Echo Holding Plc signed the shipbuilding contracts with Dubai Drydocks and the design and equipment contracts with Ulstein Design AS, for two seismic vessels, each capable of towing up to 12 streamers. The shipbuilding contracts conclude and replace the original letter of intent (LOI) announced on the 20 September 2007. ‘We are pleased to announce the signing of these contracts today with Dubai Drydocks and Ulstein Design AS. The two new seismic vessels covered under this agreement will ensure the placement of the Eastern Echo fleet at the top end of the premium 3D seismic segment’, comments CEO Rolf Rønningen in Eastern Echo.
DNV Introduce Seismic Vessel Notation
DNV has developed a class notation for seismic vessels in consultation with key industry players, WesternGeco, PGS and Fugro-Geoteam. The need to have enhanced redundancy and proper deck arrangements to ensure continuous operation without loss of speed is the backbone of these new technical requirements. Seismic vessels contain high end computerized technology to find resources below the seabed, and represent a key element in the value chain leading to future offshore field developments. Any interruptions in the ships forward movement can complicate the seismic data processing, and continuous operations with focus to avoid any downtime of key functions are hence of utmost importance.
Ice-class Seismic Vessel Order for Kleven
Kleven has signed a contract with GC Rieber Shipping for the building of an advanced seismic vessel. The vessel is of type ST 324 XT from Skipsteknisk, and is to be delivered from Myklebust Verft in March 2015. Contract value is around 700 million NOK and there is an option for a second vessel. The advanced seismic vessel will meet ice class ICE 1A*, providing a solid base for operations in Arctic areas. A unique competence in operations in harsh environments has always been RC Rieber Shipping’s trade mark.
Polarcus Alima travels the Northern Sea Route
One of the X-BOW vessels designed by ULSTEIN, the seismic vessel ‘Polarcus Alima’, recently transited to Asia-Pacific via the Northern Sea Route (NSR). This is the first known passage of a 3D seismic vessel along the Northern Sea Route. Her passage commenced on September 15 from Hammerfest in Norway after completion of seismic operations in the Barents Sea. After only nine days and 3,000 nautical miles the vessel reached Cape Dezhnev in the Bering Straits. She is presently continuing her onward passage to New Zealand to commence operations there.
Bourbon and CGG: Partners in Innovation
In 2011, Bourbon entered a five-year charter agreement with CGG for a series of six new seismic support vessels, an industry first. Two years later, the Bourbon Petrel and the Bourbon Fulmar are already in service in the Black Sea and Northern Europe, and a third vessel, the Bourbon Gannet, will also be operational in the near future. The Grandweld Shipyard in Dubai is building the vessels and delivery of the remaining sister ships is scheduled for 2014. These custom-built vessels were designed to provide fuel…
North Sea Seismic Survey Contracts for Dolphin
Dolphin Group ASA, headquartered in Norway, awarded multiple North Sea 3D seismic contracts for 2013. Dolphin has been awarded several contracts for the upcoming North Sea season. The awards are for both 3D and 4D seismic services and will involve three of its 3D seismic vessels with a total duration in the range of 8-12 months. Dolphin sat they will revert with further contract details when they present their 2013 guidance on or about 8 January 2013. "These early awards with…
Polarcus Gets West Africa Contract
Polarcus Limited has announced it has received a letter of intent for a 3D marine seismic project in West Africa. The client was not disclosed by the Dubai-based seismic vessel operator, who will utilise its RightBAND technique for the broadband data acquisition. The project is of two weeks duration and will form part of the Company's West African campaign during Q4 2015. The new contract is the company’s fourth announced this month with new projects won in Brazil, Australia and Myanmar. Polarcus is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole.
Drydocks World Dubai Delivers Polarcus Nadia
Drydocks World - Dubai has delivered the Polarcus Nadia, the most advanced seismic vessel built at the yard to date. The vessel, first of a series of four vessels to be built at Drydocks World – Dubai (DDW-D), is to be part of the Polarcus fleet, the Dubai-based marine geophysical company specialising in towed streamer marine data acquisition across the world. The double-hulled, 289.7 ft long Polarcus Nadia is an advanced 3D seismic vessel. The Dubai yard’s all-inclusive expertise was utilized in full force to make the purpose-built vessel meet the stringent demands of offshore seismic operators. The vessel is capable of towing up to 12 steamers. Polarcus Nadia is of Ulstein SX 124 design and incorporates a number of innovative features.
Polarcus Receives 3-D Seismic Vessel
Drydocks World– Dubai delivered a 3D seismic vessel, Polarcus Asima, to Polarcus, a Dubai-based marine geophysical company. Polarcus Asima is the third in a series of six seismic vessels being built at the yard for Polarcus, following the vessels Nadia and Naila. The double-hulled, DP2 class Polarcus Asima incorporates many features to enhance performance with improved safety and comfort elements while ensuring minimum emissions. The 12 streamer vessel has Ulstein SX134 design and is purpose-built for high-end 3D marine seismic operations.
Veripos Wins Norwegian Positioning Contract
Aberdeen-based Veripos, a world leader in the provision of GNSS positioning facilities to the offshore oil and gas industry, has been awarded a contract by Dolphin Geophysical AS of Bergen, the newly-formed Norwegian seismic exploration contractor, for the supply of services aboard its recently-commissioned 3D seismic vessel, Polar Duke. The purpose-built flagship vessel, which is currently working on behalf of a major global geoscientific data products and service organisation, is being supplied with Veripos’s Ultra and Apex Precise Point Positioning (PPP) services, each independently ensuring decimetre-level accuracies. Proprietary…
CGG to cut Vessel Fleet Further
French seismic group CGG said on Thursday it would further cut its fleet of seismic vessels after declining demand from oil and gas clients hit by the falling oil price led it to record an impairment and one-time charges of $643 million in the fourth quarter. Like peers across the oil services industry, CGG has been badly hit by cutbacks in the sector in 2014 as major producers slashed exploration to counter oil prices that have more than halved since June. "Taking into account the reduced client activity due to the very strong fall in oil prices at year-end and in line with our portfolio rebalancing strategy, we have decided to further reduce our fleet to 11 vessels in 2015," Chief Executive Jean-Georges Malcor said in a statement.
New Schlumberger Seismic Vessel Sets String of Records
Schlumberger announced its new seismic vessel, Geco Eagle, has successfully been deployed for her first acquisition job and has broken several world records in the process. The vessel left the shipyard where it was built in Bergen, Norway, and traveled halfway around the globe to Brazil - a distance of 6,359 miles - to take up her first job in the Campos and Santos basins on behalf of Amerada Hess and partners. This is the most remote startup ever undertaken by any seismic acquisition vessel. Geco Eagle then took fewer than seven days between deploying the first streamer section and recording the first commercial 10-streamer production. Now in full production, Geco Eagle continues to set new standards for the seismic industry.
ODIM Signs Contract for Seismic
ODIM has signed a contract with the seismic company Fugro Geoteam on delivery of the remaining parts of a complete handlings system for the 3D seismic new building Geo Celtic. In addition to this contract, ODIM received on January 26 the first part of the complete handling system for this vessel. ODIM has over the last years built up a key expertise on electric drive systems for handlings systems to be used aboard 3D seismic vessels. Fugro Geoteam will be the first seismic company to outfit a vessel with an all-electric automated handling system.
Dolphin's New 3D Seismic Vessel Fully Operational
Dolphin announced that the newly delivered high-capacity 3D seismic vessel, Polar Empress, is in full production towing 14 streamers on the Maud Extension Multi-Client survey in the Barents Sea. At the end of June, the vessel will mobilize for an exclusive contract with duration in excess of three months. Dolphin claims the special purpose built seismic vessel is one of the most advanced vessel in the industry. Polar Empress has a capacity to operate up to 22 seismic streamers, a total installed engine capacity of 22,800 KW, a bollard pull in excess of 275 tons and a top transit speed in excess of 20 knots, the company said. Dolphin’s CEO Atle Jacobsen commented…
Two New Modern Seismic Vessels for CGGVeritas in 2010
CGGVeritas and Eidesvik Offshore ASA have entered into an agreement for the supply of two large seismic vessels to be newly built, with a total contract value of approximately $420m. The two vessels will be of an extremely advanced specification, incorporating many unique features, based on the most recent X-BOWdesign of Ulstein Design AS, and will be delivered in 2010 under 12-year time charter agreements. These two high-capacity vessels are components of CGGVeritas' strategy of progressive fleet renewal, involving the staged retirement of the former generation of lower capacity vessels in conjunction with the introduction of these new platforms.
Alewijnse to Refit Seismic Vessel Polarcus Naila
Systems integrator Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the seismic vessel Polarcus Naila. The ultra-modern, 12 streamer 3D/4D seismic vessel will arrive in February 2014 at the Damen-owned yard Shipdock Amsterdam for a refit scheduled to last 35 days. The refit involves the replacement of the current thrusters. The ship repair and conversion yard Shipdock in Amsterdam has subcontracted the electrical repairs and modifications to Alewijnse Marine Systems…
Drydocks World Delivers Polarcus Selma
Drydocks World recently delivered seismic vessel Polarcus Selma to its owner, Dubai-based geophysical services company Polarcus. Polarcus Selma is among a series of vessels that were built at the Dubai facility for Polarcus and others with a vessel CAPEX of $135 million. Polarcus Selma is an Arctic-ready, eight-streamer 3D seismic vessel of the Ulstein SX133 design, built to tow both conventional and wide tow spreads, including the Company's First PassTM 3D technique. The SX133 design has an overall length of 84.2m and a beam of 17m.
Marlink Secures Contract Renewal with Fugro-Geoteam
Marlink, the global provider of maritime satellite communications, has recently extended its contract with seismic vessel operator Fugro-Geoteam for a further five years. As part of the latest agreement, Marlink will supply its innovative Sealink(TM) VSAT service to the seismic vessels via Marlink's Eik teleport in Norway, providing 512 Kbps of bandwidth and 10-15 telephone lines for each vessel. "For safe, efficient and reliable operation of our vessels worldwide, it's important to have satellite communications solutions that we can trust.
Dolphin's New 3D Seismic Vessel, Polar Duchess, Employed
Dolphin Geophysical accepted a Letter of Award from TGS-NOPEC Geophysical Company ASA for a six-months charter of the new high-capacity 3D seismic vessel, M/V Polar Duchess. The contract is expected to begin during first half of April and continue through a full 2012 summer season in Europe. Atle Jacobsen, CEO said, "We experience positive development in demand for high capacity 3D seismic vessels and this large contract for our second new 3D vessel is an important milestone in the fast growth phase of Dolphin Group.
Bourbon and CGG Partner for Seismic Survey Success
Announced in June 2011, Bourbon and CGG entered a five-year charter agreement for a series of six custom newbuild seismic support vessels. Now more than two years later, the third ship in the series, Bourbon Gannet, is due to enter service in the early part of 2014, following the launch of the first two vessels, Bourbon Petrel and Bourbon Fulmar, in summer and autumn 2013, respectively. The remaining three sister vessels are under construction in Dubai’s Grandweld Shipyard, also slated for launch in 2014.
StatoilHydro Secures Six Seismic Vessels
StatoilHydro has signed a letter of intent for six seismic acquisition vessels which will gather data on the Norwegian continental shelf (NCS). Secured seismic capacity includes three petroleum geo-service (PGS) vessels - Ramform Challenger, Ramform Sovereign and Atlantic Explorer, as well as Fugro Geoteam's Geo Celtic, Wavefield Inseis's Geowave Commander and Western Geco's Geco Triton.
Polarcus to Build Seismic Vessels at Ulstein
Polarcus, a provider of marine geophysical services, is building two seismic vessels of the new generation type SX134 at the Ulstein Verft shipyard. ULSTEIN has designed and built a number of state-of-the-art seismic vessels the past few years, and the contracts attest to the company's leading role in designing and building seismic ships. Polarcus is a shipowner committed to innovation and the environment, and is currently building up a fleet of the most modern and advanced seismic vessels in the world.