The EU’s TEN-T Programme will co-finance with over EUR 2.5 million (USD 3m) studies to support the use of liquefied natural gas (LNG) as marine fuel in the eastern Mediterranean. EU believes that the economically attractive LNG could help decrease the sulphur content in marine fuels from 3.5% to 0.5
Oslo-listed seismic player Polarcus has inked a a Letter of Intent (LOI) with Perenco Oil & Gas Gabon for a 3D marine seismic acquisition project offshore West Africa. The survey will be acquired by the company’s 12 streamer 3D/4D seismic vessel Polarcus Nadia. The 88.8 meters long, ULSTEIN SX124 de
NASDAQ-listed Quantum Fuel Systems Technologies Worldwide, Inc., provider of natural gas storage systems, integration and vehicle system technologies, has delivered its initial 21-inch diameter Q-Lite tank systems that were developed under a commercial alliance with Mainstay Fuel Technologies announ
FMC Technologies has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development, off Angola. The order has an estimated value of $393 million in revenue. “We are pleased to have been awarded the subsea production systems contract for Eni’
Maven Capital Partners (Maven) has led the management buy-out of subsea technology company, Fathom Systems Limited. The £4.25 million investment by Maven in the Aberdeenshire business represents the private equity firm’s 15th portfolio company investment in the energy service sector. In the past twe
Ennsub has completed the design and manufacture of two innovative workclass remotely operated vehicle (WROV) deployment systems which have been designed and manufactured for ROVOP and are due to be installed into a newbuild, tier one pipelay vessel Ceona Amazon early in 2015. Ennsub reports that a n
Deep C has completed a Mass Flow Excavation and Dredging contract in the Black Sea utilizing their in house designed Deep C Blower. The Deep C blower is an electrically powered Mass Flow Excavation solution with unique capabilities and the ability to be used at considerable water depths. The project
Piedmont Natural Gas and The Spinx Company have agreed to add a Piedmont compressed natural gas (CNG) refueling station at a Spinx convenience store location at the corner of Pearman Dairy Road and West Whitner Street in Anderson, South Carolina. Piedmont will lease space at an existing Spinx store
The Harris County Flood Control District (HCFCD) marked an important milestone two days ago, joining its federal partner – the U.S. Army Corps of Engineers Galveston District – in signing key agreements for major flood damage reduction projects in the White Oak and Hunting Bayou watersheds. The Proj
Applied Acoustics reached another milestone with the sale of its 400th USBL system to its Canadian distributor, ROMOR Ocean Solutions based in Nova Scotia. The system, the Spread Spectrum rack-mount Nexus, is bound for the Canadian Department of Fisheries and Oceans (DFO) located in St John’s, Newfo
Lamprell has announced the completion of construction on a further jack-up drilling rig, the “Shuwehat”, and its delivery to Abu Dhabi’s National Drilling Company (NDC). This follows the recent announcement on November 12, when the Group received a new contract award from NDC for the construction of
Swire Seabed, acquired by Swire Pacific Offshore (SPO) back in 2012, has just released a short video about the Seabed Excavator in action. The Seabed Excavator is a newly commissioned, highly efficient, multipurpose subsea tool carrier and dredging vehicle capable of working at 2500 meters water dep
Nexans has provided to BP the first delivery in what will be the world’s largest and most complex Direct Electrical Heating (DEH) system to date. Nexans is supplying a comprehensive subsea DEH system solution including complete system design and 130 km of cables with accessories for installation. Th
Cecon Shipping 3 AS, a subsidiary of Rever Offshore AS, has secured a USD 35 million senior bond financing deal with York for the purpose of starting the completion of Hull 719, the third in line of Cecon’s 130 meters long SURF subsea construction vessels. To enable an earlier start-up of the Hull 7
