A new report on marine energy in Wales estimates that if development is ramped up significantly over the next 20 years – with the capacity to generate 1GW of power – it could contribute a total of £840m to Welsh GVA during the development and installation stages. Once operational this installed capa
Det norske oljeselskap ASA is about to complete the drilling operations in wildcat well 2/1-15, on the Augunshaug Prospect. Augunshaug is located in the North Sea, east of the Gyda Field. The well encountered sand of Jurassic age, but without hydrocarbons. Det norske oljeselskap ASA has completed th
Spectrum reports that the mobilization has commenced for the acquisition of an airborne gravity/magnetic/seep Multi-Client survey in the Barents Sea South East. The survey will cover the entire newly opened area with approximately 29,280 km to be acquired. Spectrum is excited to announce that the su
The Bureau of Safety and Environmental Enforcement (BSEE) and the Department of Energy (DOE) Office of Fossil Energy signed a Memorandum of Collaboration this week that will coordinate the ongoing efforts of the two agencies on offshore research and technological improvement projects. Through this c
With a capacity to process 140 thousand barrels of oil and compress one million m3 of gas per day, the unit connects the production system in the Papa Terra field, in the Campos Basin post-salt The P-63 platform-vessel ended being temporarily located in Ilha de Santana, in Macaé (RJ) on Friday (Augu
The MacArtney Group announced having signed a representative agreement with Escort Sp. z.o.o. to function as official MacArtney agent in Poland. Escort will administer the promotion and sales of MacArtney systems and products on the promising and diverse Polish market for underwater technology. Esco
Hydrex has carried out on-site, underwater repairs and replacements on all types of seals for a number of years now. A dry environment is created underwater in which the divers can work. Several major classification societies have also awarded Hydrex certificates that accept the Hydrex revolutionary
Last month, Hydrex diver/technician team performed a successful propeller blade straightening operation on a 245-meter oil tanker at anchorage in New Orleans, U.S.A. By taking advantage of the in-house developed cold straightening technique, damaged blades can be straightened underwater. This allows
In June a fully loaded 229-meter bulker suffered a 14-meter gash and some smaller cracks during a collision just outside the port of Gdansk, Poland. The classification society did not allow the ship to sail on until a temporary repair was made. Because the ship had just been loaded in Gdansk, it was
Technip was awarded by Shell Offshore Inc. (“Shell”) an important engineering, procurement and installation contract for the development of subsea infrastructure for the Stones field. This field is located in the Walker Ridge area in the US Gulf of Mexico, at a water depth of approximately 2,900 met
Deltares aims to team up with other research institutes and the corporate sector to launch an international research project looking at the protection of undersea cables. The standards in place at present are relatively conservative and open to interpretation. By studying the question, Deltares hope
EMGS delivered revenues of USD 44.4 million in the second quarter 2013, up from USD 31.7 million in the previous quarter and down from USD 57.1 million in the corresponding period last year. USD 14.8 million of the revenues came from multi-client sales. The Company had an EBITDA of USD 13.2 million
Farstad Shipping announces that it has achieved an operating income of NOK 996.6 million for the 2nd quarter. The operating profit (EBIT) was NOK 205.4 million and the profit after taxes was NOK 4.1 million. The operating income at 30.06.13 was NOK 1,911.4 million. The operating profit (EBIT) was NO
As construction of the Northwind offshore wind farm continues, a number of Vroon and MPI vessels are employed on this project. The windfarm, situated off Zeebrugge in Belgium, will consist of more than 70 offshore wind turbines, providing 216 MW, enough power for 120,000 households. MPI Resolution,
