Calecore Purchases Geotechnical Drilling Rig

Calecore Directors Sarah Cashmore, Steven Lloyd and Richard Parkinson announced the purchase of the geotechnical drill rig installed to the DP2 Highland Spirit, securing Third Month Rotation for Kara Sea Project, Russian Arctic

Earlier this year Calecore took investment from Netherlands based investment company VEP.  VEP’s equity position sees the board of Calecore unchanged but the drill rig purchase is viewed as just the start of bringing significant and key assets to the balance sheet. 

This investment also gives leverage to Calecore’s ever growing global presence with 1 Raffles Quay, Singapore being added to the Stavanger and Moscow bases in September of this year.

Geotechnical and Geophysical Divisions Calegeo and Calesurvey secures third month’s cruise rotation for Kara Sea project, Russian Arctic

Calecore’s Geotechnical and Geophysical Divisions Calesurvey and Calegeo are reporting strong activities throughout Q3 and a healthy order book for the next two quarters. Both divisions have had extensions granted to their Kara Sea site survey program with their vessels DP2 Highland Spirit and Kommandor Stuart just entering into their third month of operations.

In addition, Calegeo’s works onboard the Bourbon Emerald have also been extended with the delivery of deep water WROV borne geophysical and environmental data acquisition coupled with coring and Seabed CPT, whilst Calesurvey’s80m multi-role survey vessel Kommandor Calum has just completed ROV and geophysical works in the North Sea before her scheduled departure to NW Africa for deep water ROV and geotechnical site survey.

calecore.com