During the last five years Statoil and its partners have invested as much as $7.84 billion on the Troll field, which came on stream in 1995. The investment level will remain high for many years to come. Troll is the story of achieving the impossible. The oil proven in connection with the largest gas
Michigan Congressman Bill Huizenga (R) has been named 2014 Great Lakes Legislator of the Year by the largest labor/management coalition representing workers and industries dependent on shipping on America’s Fourth Sea Coast. The award is presented annually by the Great Lakes Maritime Task Force (GLM
Research and Markets has released the addition of the “Subsea Well Access and BOP System Market by Type, BOP Type and Geography – Global Trends & Forecasts to 2019” report. The blowout preventer systems market is expected to reach $5.8 billion by 2019 at a CAGR of 7.7%. Leading manufacturers in the
DeepOcean has opted for the new concept Leopard ROV from Saab Seaeye. Seen as the most powerful ROV of its size in the world, its combination of 11 thrusters, unrivalled payload, and a host of advanced technology features won over DeepOcean, which itself is an innovator in providing subsea services.
The UN International Seabed Authority (ISA) is undertaking stakeholder consultations as it commences development of a regulatory framework for the future recovery of mineral resources from the seabed in international areas. The deadline for contributing to the UN ISA survey is 16 May 2014. The ISA s
DNV GL is proposing a new hybrid power concept for offshore units using batteries in combination with traditional power generation equipment. The concept has already delivered multiple advantages in the maritime and automotive industries, but has not yet been applied in the O&G industry. “We are inv
The Port of Wells dredging scheme will resume next week, May 12, 2014. The port’s dredger “Kari Hege” will be engaged in dredging operations in the main channel north of number 4 buoy, between buoys 2 and 4. All material dredged from these areas will be placed on the berm which is marked by the [&he
Through water technology and survey company, Nautronix, has been awarded a 5 year frame contract – based on a non-exclusive agreement – by SURF and subsea contractor Ceona with an initial 1 year call-off for the supply of survey services to support their new build DP3 subsea construction vessel, the
WUHAN MACHINE EQUIPMENT CO LTD, a company specialized in machine equipment and spare parts business, has introduced its “Spider” excavator. [mappress] Dredging Today Staff, May 8, 2014
CUI Global, Inc. today announced that National Grid has accepted CUI Global’s proprietary Integrated Remote Information System (IRIS®) Technology as a new method for remotely controlling and monitoring parts of its extensive pipeline transmission system. National Grid is committed to safety and inno
From 31 March to 2 April 2014, the Petroleum Safety Authority Norway carried out an audit of Statoil and emergency preparedness management of the Norne FPSO. Objective The objective of the activity was to gain an overview of processes and systems that contribute to ensuring comprehensive emergency p
On April 11, 2014, at Newark Riverfront Park’s Orange Boardwalk, the U.S. Environmental Protection Agency announced its long-awaited cleanup plan for the lower eight miles of the Passaic River. The proposal includes bank-to-bank dredging of the river and the removal of 4.3 million cubic yards of con
GE Oil & Gas has been honored with two 2014 Spotlight on New Technology Awards for its innovative SeaLytics™ BOP (Blowout Preventer) Advisor and GFI™ Ground Fault Immune Electric Submersible Pump (ESP) Monitoring System products. In keeping with the criteria for winning technologies, GE’s technologi
International offshore support specialist Viking SeaTech has announced that the company hosted taster sessions of its bold Mooring Schools initiative at this week’s Offshore Technology Conference. Viking SeaTech’s Mooring Schools scheme was developed by Viking SeaTech employees in Perth, Australia.
