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Polarcus Takes Delivery of 3D Seismic Vessel

Polarcus Limited (OAX: PLCS) announced today that Polarcus Nadia AS, a member of the Polarcus Group, today took delivery of Polarcus Nadia, a modern 12 streamer 3D seismic vessel built to the ULSTEIN SX124 design. The vessel was built at Drydocks World – Dubai in the United Arab Emirates. Polarcus …

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Polarcus Asima Successfully Launched to Sea

Polarcus Limited (OAX: PLCS) announced today that the Company’s latest newbuild seismic vessel, Polarcus Asima, was successfully launched to sea on the 09 December 2009 at the Drydocks World – Dubai shipyard in the United Arab Emirates. Polarcus Asima is the third vessel in the Polarcus fleet and the first …

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FKAB L2, a perfect design for regional distribution of LNG

The FKAB L2 is a 16 500 m3 LNG vessel design primarily for regional distribution of LNG. In combination with the FKAB L1 design, presented in June 2009, the FKAB L2 design are FKAB contribution to the development of an efficient and sustainable sea based regional and local distribution system …

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ROGTEC Online Interview with Alex McKay of Welltec

Alex McKayAlex joined Welltec in 2006 and is currently the Area Vice President for Europe, Russian Federation and CIS, based in Aberdeen Scotland. He started in the oil industry with Schlumberger in 1979 as a wireline logging engineer after graduating from Aberdeen University where he studied Engineering and Geology. His …

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ROGTEC Talks Exploration with Jean-Louis Gelot, Vice President, CGG Veritas Russia

1.a What are the key future and current exploration areas in Russia? In Russia, although there is still room to find significant reserves in the southern part of western Siberia, exploration is definitely moving north an East. North of the mature Timan Pechora basin in the Pechora and Barents Sea, …

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Update on the Letter of Award for 3D seismic acquisition program offshore West Africa

Reference is made to the notice published by Polarcus Limited on 29 October 2009 regarding the receipt of a Letter of Award from a leading independent oil company for 3D seismic acquisition project offshore West Africa. Polarcus Limited (OAX: PLCS) announced today that further to the referenced notification, the necessary …

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CGGVeritas TTI RTM Brings Sub-Salt Breakthrough

In Reverse Time Migration incorporating Tilted Transverse Isotropy, known as TTI RTM, CGGVeritas has developed the algorithm of choice for wide azimuth. Its use in general production worldwide on narrow- and wide-azimuth data is providing considerable uplift in sub-salt imaging. Wide-azimuth and multi-azimuth acquisition has highlighted the need for TTI …

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Acquisition of DPAL FZCO: Vallourec strengthens its position on the drilling products market in the Middle East

Vallourec, world leader in the production of seamless steel tubes, today announced that its fully-owned subsidiary VAM Drilling has reached an agreement regarding the acquisition of Dubai-based DPAL FZCO, a well established supplier of drill pipes, owned by Soconord Group. The DPAL FZCO manufacturing facility located in the Jebel Ali …

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William F. Venn, of EPConsult talks to ROGTEC Magazine

William F. Venn CEng, FIChemE, is a Principal Consultant and Technical Safety and Risk Assessment Engineer with EPConsult. He has a BSc (Hons) in Chemical Engineering and over 30 years experience in oil and gas in the UK and overseas. He has worked for British Petroleum and Aker Kvaerner before …

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Update on the Conditional Letter of Intent signed with TGS-NOPEC for the Charter of Polarcus Nadia

Reference is made to the notice published 01 September 2009 on the Norwegian OTC trading support system regarding the signature of a conditional Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 streamer 3D seismic vessel Polarcus Nadia for approximately 3 months commencing in …

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