Prosafe’s fleet utilization rate rebounds from last year’s drop in activity

( Offshore-Energy.biz)Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during the first quarter of the year. The firm recorded a 56% fleet utilization in April 2024, somewhat lower than the level reported for January, but higher than the utilization rate... Continue Reading →

PGS Streamlines Seismic Data Interpretation Services

(OE) Norwegian seismic company PGS has teamed up with Onward, an energy innovation platform, to offer on-demand seismic data interpretation. The collaboration that facilitates on-demand data interpretation provided by Onward, which leverages its technical capabilities to enhance PGS' existing MultiClient and Data OnDemand services and accelerate interpretation workflows. Onward and PGS now offer subscribers of... Continue Reading →

CGG Rebrands to Viridien

(OE) French seismic company CGG has changed its name to Viridien. At the Annual General Meeting on May 15, 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien.  “Our new name, Viridien, connects our company’s history to our future, confidently positioning us for accelerated growth as an advanced technology,... Continue Reading →

Oceaneering on track with full-year 2024 expectations

(Offshore-energy.biz) Texas-headquartered Oceaneering International has reported an operating income of $44.2 million for its Subsea Robotics division in the first three months of 2024, a 31% increase compared to the first quarter of 2023. In Q1 2024, Oceaneering reported a net income of $15.1 million on revenue of $599 million, while adjusted net income was... Continue Reading →

Norwegian shipping player’s vessel going to South America

(Offshore-energy.biz) Norwegian vessel operator Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels. Siem Offshore changed its name to Sea1 Offshore following the exit of Kristian Siem and the divestment of nine vessels to Siem Sustainable Energy and related companies. The list of... Continue Reading →

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