Acorn Energy has stopped funding its majority-owned US Seismic Systems (USSI) subsidiary and USSI has suspended operations and “terminated substantially all employees”. USSI intends to sell its assets and is exploring ways to maximize value for creditors and other stakeholders, expecting that most o
Aquamarine Power has published operational information gathered during months of testing their Oyster 800 wave machine at the European Marine Energy Centre (EMEC) in Orkney. The academic analysis examines data generated by the Oyster 800 machine last year – which includes operating during major stor
CGG has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation to acquire and process a 16,314 square kilometers 3D seismic survey on the Caribbean coast offshore Colombia. According to the company, the survey will be the largest marine seismic program ever acquired in Colombia an
Sonardyne International Ltd. has been awarded a multi-million pound contract by UTEC, an Acteon company, to supply Fusion 6G acoustic positioning technology for the Moho Nord subsea project situated 75 kilometres off the coast of Congo. The equipment will be used to support the installation of 230 k
CGG GeoSoftware has further enhanced its geoscience software portfolio by acquiring the rights to the VelPro™ velocity modeling and depth conversion product from In-Depth Solutions LLC. VelPro offers a faster and more complete velocity model building workflow to achieve more accurate seismic reservo
To reflect the changing needs of the industry, DNV GL has worked together with its industry partners to revise two recommended practices (RP). The first for corroded pipelines (DNV-RP F101) and the second for integrity management of submarine pipeline systems (DNV-RP-F116). The updates have been dev
Sonardyne International Ltd. has been awarded a multi-million pound contract by UTEC, an Acteon company, to supply Fusion 6G acoustic positioning technology for the Moho Nord subsea project situated 75 kilometres off the coast of Congo. The equipment will be used to support the installation of 230 k
International accountant and shipping adviser Moore Stephens has welcomed further specific assistance to the offshore oil and gas sector contained in the UK Budget 2015. Moore Stephens tax partner Sue Bill says: “The measures announced in the UK Budget 2015, following those already introduced in the
On Saturday, 21 February a fault occurred in the subsea cable which connects the Anholt offshore wind farm with the onshore electricity grid. The first half of the repair of the damaged submarine cable to Anholt offshore wind farm is complete. Energinet.dk’s subcontractors managed to cut out the fau
DEME, an international group of specialized companies in the field of capital and maintenance dredging, land reclamation, port infrastructure development, etc. has just released the latest photos from the Onne Port dredging and land reclamation project in Nigeria. The port is located along the Bonny
The U.S. Army Corps of Engineers, Baltimore District, and partners restarted oyster restoration in Harris Creek in January 2015. This photo shows how rock is being placed to build 1-foot oyster reefs in Harris Creek as oyster restoration efforts continue despite the surrounding icy conditions on Mar
Konecranes has received an order from the Port of Houston Authority (PHA) in the U.S. for nine Rubber Tired Gantry (RTG) cranes. They will be shipped to the Port Authority’s Bayport Container Terminal in mid-2016. The nine Konecranes RTGs on order are high-performance, 16-wheel RTGs with a lifting c
European Commission has approved subvention for offshore wind turbines foundations plant in Szczecin, Poland. Bilfinger Mars Offshore’s project is in accordance with Innovative Economy Programe’s priorities and receives from the European Regional Development Fund financial subvention for about 25 00
VOS Sympathy, a subsea-support vessel operated by Vroon Offshore Services Den Helder, has spent the last few weeks laying a power cable between Quiberon and Belle-Ile in Brittany for its client LD TravOcean. The power cable, from the French mainland to the island Belle-Ile, will be connected to the
