User description

9. Prosafe ASA (Norway)Prosafe operates globally and contains about 340 employees. The business is headquartered in Larnaca, Cyprus and is listed on the Oslo Stock Exchange with ticker code PRS. Operating profit reached USD 222.2 million in 2007.Prosafe comprises a parent company and the business division Offshore Support Services, the world's leading owner and operator of semi-sumbersible accommodation/service rigs.Prosafe has a lot more than three decades of operational experience from the world's largest oil and gas provinces. Having an excellent uptime record, a good financial performance and the ability to offer innovative in house technology and cost-efficient solutions, the business has positioned itself as a provider of top quality services.Prosafe owns and operates 12 accommodation rigs (flotels).10. Reservoir Exploration Technology (Norway)Reservoir Exploration Technology ASA (RXT) is a marine geophysical company specialising in multi component seismic sea-floor acquisition.Until May 2006 RXT has been operating one crew in the Gulf coast of florida, a dual vessel operation comprising a shooting vessel and a cable/buoy handler. Their GOM operations started in June 2004 and have demonstrated the superior imaging capabilities of the VSO sensors and cables.RXT is planning for a change according to the information on their site: "What we are going to do; Innovative business models to operate a vehicle the marine multi-component business: In producing fields, For obstructed area long-offset applications, For time lapse 3D, Develop a "tool box" of acquisition methods (For deep water, For shallow water, For transition zone), Focus completely on what we do best: Marine acquisition. Frac Plugs -statement: "to end up being the leading supplier of multi-component sea-floor acquisition."11. SBM Offshore (Netherlands)SBM Offshore N.V. is really a pioneer in the offshore coal and oil industry. Worldwide, we have over 4,000 employees representing 40 nationalities, and are within 15 countries. Our activities are the engineering, supply, and offshore installation of most types of offshore terminals or related equipment. Furthermore, SBM Offshore owns and operates its own fleet of Floating (Production) Storage and Offloading units. SBM Offshore includes a track record of developing innovative, cost-effective solutions for the ever-changing needs of its Clients. Each company of the group contributes its technical expertise, making SBM Offshore a market leader....became a pioneer in Single Point Mooring (SPM) systems, dynamically positioned drilling vessels, jack-up drilling rigs, and heavy offshore cranes.SBM Offshore's present activities are the engineering, supply, and offshore installing SPM systems for offshore loading and unloading of vessels or the permanent mooring of offshore oil production and/or storage vessels, in addition to the turnkey supply of complete floating facilities for the production, storage, and export of crude oil and gas.The latter comprise (FPSOs), (FSOs), (TLPs), (FPUs) and (MOPUs).12. Sevan Marine (Norway)Business ModelSevan Marine ASA is listed on Oslo B�rs (ticker SEVAN) and is focusing on building, owning and operating floating units for offshore applications. The Company has developed a cylinder shaped floater, suitable in all offshore environments. Presently Sevan Marine has four floating production, storage and offloading units (FPSOs) and three drilling units contracted to clients. The Company can be developing other application types for its cylindrical Sevan hull, including floating LNG production and power plants with CO2 capture.The Company's business strategy is based on a Build-Own-Operate model, which gives Sevan control over the value creation chain.Vertechs can be an innovative upstream oil & gas service company specializing in wellbore isolation. We offer customized solutions with industry-leading technologies and expertise for both conventional and unconventional completions. We provide drilling solutions and drilling fluids services. Our engineering team possesses extensive oil & gas industry knowledge and field experience, delivering top quality products and professional services with outstanding results around the globe. Our objective is to offer innovative technologies and customized solutions that improve operation efficiency, minimize risk, and ultimately bring value and improve returns for our customers.