Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Malaysia B.V. (Lundin Malaysia), has acquired a 50 percent interest in PM328, and operatorship of the block, from PETRONAS Carigali. The effective date of the transaction is 31st August 2014. PM328 is located offshore
Marine energy companies Minesto and Atlantis Resources Ltd (Atlantis) have been awarded $955,000 (€750,000) from the Eurostars Programme, funded by the European Union. The funding is awarded to a project that aims to reduce the cost of tidal energy and is a collaboration between two different marine
At the request of the Malaysian Government, Australia is leading the search for missing Malaysia Airlines Flight MH370. All the available data indicates the aircraft entered the sea close to a long but narrow arc of the southern Indian Ocean. The complexities surrounding the search cannot be underst
CWind’s services to the offshore wind industry will soon be available in Germany, as the company today announced the launch of its wholly-owned German subsidiary. CWind Germany will be headquartered in Hamburg and will be responsible for the sales and marketing of CWind’s services in Germany. The co
Offshore wind foundations of the future face many challenges. Projects will be built further from shore, in deeper water, with the ability to be installed without exceeding strict regulatory requirements on underwater noise. The innovative design of the suction bucket jacket, developed by DONG Energ
Independent marine data management, publishing and GIS specialist, OceanWise, in collaboration with Seatronics (Abu Dhabi), have delivered Phase 1 of a Port-Log Tidal Monitoring and Display System (TMDS) to Bayanat, UAE. The TMDS receives input from 18 existing tidal monitoring stations in the Arabi
Well Ops, Inc. a subsidiary of Helix Energy Solutions Group, Inc. has announced that its well intervention vessel, Skandi Constructor, will be available for operation in the Gulf of Mexico for the first quarter of 2015. The Skandi Constructor is a dedicated light intervention mono hull equipped with
Chatham Rock Phosphate launched its application to the Environmental Protection Authority for a marine consent to extract rock phosphate nodules from the seabed on the Chatham Rise, 450 km from New Zealand. CRP, a New Zealand NZAX listed company, has spent four years and nearly $30 million to resear
DOF Subsea UK has utilised Sparrows’ 50T tensioner system during the recovery and installation of flexible risers / flowlines in the Dumbarton Field, approximately 220km north east of Aberdeen. DOF Subsea required the 50Te tensioner to be mounted to their HLS (Horizontal Lay System) and used during
Recently, Jinzhou 20-2SW platform jacket was successfully lifted and fixed in the sea area where Jinzhou 20-2 oil-gas field is located in Liaodong Bay of Bohai Sea. The project brought an end to the 26-year service of Jinzhou 20-2SW platform while marking that COOEC has successfully completed the of
Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen Limited (MeyGen), has announced its Interim Results for the six months to 30 June 2014. 2014 has been an exciting year to date, notably making Atlantis’ transition to a public company and celebrating the finalisation
Mirage Machines, an Acteon Company, has invested a seven figure sum in the launch of a subsea-focussed engineering research and development subsidiary for North America in Houston, Texas. Mirage Subsea is delivering Mirage Machines’ on-site machining technology including subsea diamond wire cutting
Gamesa’s G128-5.0 MW Offshore, installed off Arinaga Quay (Gran Canary Island), generated more power in August (3,136 MWh) than any other other Spanish turbine has ever generated in a month. This milestone was possible thanks to the tremendous reliability of this model, capable of withstanding the r
Dalby Offshore’s wind farm support vessel ‘Dalby Esk’ has started work on RWE’s Gwynt y Mor Offshore Wind Farm, and will soon be joined by the ‘Dalby Tees’. Following a strategic move into the Renewables sector in 2010, Dalby Offshore now owns 7 wind farm support vessels, which have worked on the fo
