Archive for December, 2015

Thalassa Holdings expects high revenues in this year agreements

Sunday, December 20th, 2015

BVI-registered and AIM-listed entity Thalassa Holdings informed about its expectations to generated btw US$7.5m (£4.9m) and US$10m (£6.6m), from its two seismic services agreements. Thtough its wholly owned WGP Group, the company will provide long term seismic acquisition services to ConocoPhillips Skandinavia. Under the terms of this new agreement, BVI company’s subsidiary will purchase seismic data sets on the Ekofisk field in the Norwegian sector of the North Sea; the initial term of the contract is five years.

Another deal of Thalassa Holdings with TGS-NOPEC Geophysical Company was announced in April earlier this year, and is expected to bring btw US$10m and US$12m already in 2017.

Also, company’s revenues from multi-client data sales and High Resolution 3D are estimated to amount to additional US$9.3m for 2015, with total year revenues estimated to US$18.5m.

BVI law firm sponsoring VIPY Stylish Spaces Award

Saturday, December 12th, 2015

BVI office of Harneys’ offshore law firm has become the sponsor of Virgin Islands Property & Yachts’ (VIPY) Stylish Spaces of the Year Award. The purpose of this award, launched by lifestyle magazine Virgin Islands Property & Yachts, is to find, showcase, and celebrate the most beautifully decorated living and commercial spaces in the Virgin Islands.

The competition can be entered by any homeowners and business owners, as well as professional designers and architects.

BVI group moves to Guernsey

Saturday, December 5th, 2015

SafeCharge International Group Limited, an international provider of payments services, technologies and risk management solutions to online and mobile businesses, has successfully moved from the British Virgin Islands to Guernsey, with capitalization of about £400 million. Redomiciliation was completed on 30 October, motivated by several factors. One of the main reasons is Guernsey being a base jurisdiction for a number of funds and companies listed on the London Stock Exchange, and its good position for possible future move to the Main Market.

The group has operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland, a diversified, blue chip client base and is a trusted payment partner for customers from various e-commerce verticals.