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Contractor Needed for BBL Offshore Pipeline Survey 2015
Operations & Maintenance

Contractor Needed for BBL Offshore Pipeline Survey 2015

BBL Company, established to design, construct, operate and exploit the BBL pipeline, has invited tenders for the BBL Offshore Pipeline Survey 2015. The survey will include acoustic inspections, bathymetric surveys and visual inspections of approximately 230km of the offshore pipeline which transport

about 12 years ago
TenneT Reports Solid Financial Results
Operations & Maintenance

TenneT Reports Solid Financial Results

High-voltage transmission grid operator TenneT continued to provide very high system reliability (99.9999%), benefiting 36 million end-users in the Netherlands and Germany. Financial results in the first half of 2014 were solid. Increases in revenue and EBIT kept pace with the company’s ongoing inve

about 12 years ago
Work on Scottish Subsea Link Moves Forward
Operations & Maintenance

Work on Scottish Subsea Link Moves Forward

The UK’s most challenging rural broadband project is taking another step forward as engineers start work on the country’s longest publicly funded subsea fibre connection linking the Outer Hebrides with the mainland. Local community representatives joined project partners as the cable was brought ash

about 12 years ago
Western Link Cuts Prysmian’s 2014 Profit Projections
Operations & Maintenance

Western Link Cuts Prysmian’s 2014 Profit Projections

The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first half of 2014. Group Sales amounted to €3,287 million compared with €3,504 million in the first half of 2013, posting organic growth of +1.3%, assuming the same group perimeter and excluding metal pr

about 12 years ago
Akademik Tryoshnikov Begins Kara-Summer 2014 Arctic Field Expedition
Operations & Maintenance

Akademik Tryoshnikov Begins Kara-Summer 2014 Arctic Field Expedition

The research and development expedition to investigate ice and metocean conditions in the Russian Arctic organized by The Arctic Research and Design Center (the Rosneft and ExxonMobil JV) with the support of Arctic and Antarctic Research Institute experts has started in the White sea. Scientific res

about 12 years ago
EMGS Secures Multi-Client Job Off Faroe Island
Operations & Maintenance

EMGS Secures Multi-Client Job Off Faroe Island

Electromagnetic Geoservices ASA (EMGS) has received an agreement worth $4.3 million for multi-client data offshore the Faroe Island. The agreement includes both late sales of the existing multi-client dataset acquired by EMGS in 2012 (the Brugdan-Rosebank Line) and pre-funding of an extension of the

about 12 years ago
CGG to Downsize Its Fleet
Operations & Maintenance

CGG to Downsize Its Fleet

CGG has announced its non-audited 2014 second quarter results. Reported revenue was at $689 million, compared to $1.032 million same time last year. Restructuring measures implemented in 2014: – Marine fleet reduced to 13 seismic vessels by end 2014. 1 vessel already decommissioned, 1 vessel retired

about 12 years ago
Osiris Launches Support Base in Grimsby
Operations & Maintenance

Osiris Launches Support Base in Grimsby

Osiris now has the capability to support East coast offshore renewables customers locally through a new shoreside support base in Grimsby. The Port of Grimsby East was chosen due to significant investment made in the area in recent years and the growing presence of renewable energy companies as an a

about 12 years ago
Plans for Rhiannon Wind Farm Fall Trough
Operations & Maintenance

Plans for Rhiannon Wind Farm Fall Trough

Council Leader, Councillor Ieuan Williams, has expressed disappointment that plans to develop a large scale wind farm off the Anglesey coast will no longer go ahead. The proposed 2.2GW Rhiannon Wind Farm, developed by Celtic Array Ltd. (a joint venture ownership of DONG Energy and Centrica), would h

about 12 years ago
Circle Oil: No Material Delay Due to Mechanical Issues Off Tunisia
Operations & Maintenance

Circle Oil: No Material Delay Due to Mechanical Issues Off Tunisia

Further to the announcement of 9 June 2014, Circle Oil Plc, the Middle East and Africa focused oil and gas exploration, development and production company, has provided an update on the EMD-1 exploration well, offshore Tunisia. The well was spud on 8 June 2014 and drilled to 753 metres MD after whic

about 12 years ago
SEKCO Pipeline Hooked Up on Lucius
Operations & Maintenance

SEKCO Pipeline Hooked Up on Lucius

Enterprise Products Partners L.P. and Genesis Energy, L.P. have announced that their jointly owned crude oil gathering pipeline serving the Lucius production area in southern Keathley Canyon is now mechanically complete and began earning revenues July 1, 2014. Constructed and owned by Southeast Keat

about 12 years ago
TGS Q2 Profit Dips 11 Percent
Operations & Maintenance

TGS Q2 Profit Dips 11 Percent

TGS reports net revenues of USD 205 million in Q2 2014, compared to USD 210 million in Q2 2013. Earnings before interest and taxes (EBIT) totaled USD 82 million, corresponding to an EBIT margin of 40%. The Company’s net pre-funding revenues were USD 60 million, up 39% from Q2 2013. Backlog of USD 22

about 12 years ago
Paradigm Sets Up Global HQ in Drumoak
Operations & Maintenance

Paradigm Sets Up Global HQ in Drumoak

Paradigm Flow Services, the blockage removal experts for the oil and gas sector, has invested $7.1 million (£4.25 million) in a new headquarters and test centre as it advances its global ambitions. The company is taking a 15 year lease on Paradigm House in Drumoak from MacDonald Properties (Aberdeen

about 12 years ago
Rosneft to Conduct Ecologic Fishery Research in Laptev Sea
Operations & Maintenance

Rosneft to Conduct Ecologic Fishery Research in Laptev Sea

For the first time in history of Arctic Rosneft will carry out integrated ecologic fishery research on three licensed sites (LS) of Laptev Sea: Anisinsko-Novosibirsky, Ust’ Lensky and Ust’ Oleneksky. The Program of ecologic fishery research realization is the first and obligatory part of licensed si

about 12 years ago
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