Undersea mining developer Chatham Rock Phosphate expects to be the first minerals company to have an environmental consent application considered under the Exclusive Economic Zone legislation. Chief executive Chris Castle said he is delighted the start date for the EEZ Act had been confirmed as June
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Brent Group where t
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced that its engineers have demonstrated record-breaking transpacific transmission using both 200Gb/s and 400Gb/s data channels. The results, presented at the recent post deadline session o
On Tuesday evening, an employee of a contractor working for transmission grid operator TenneT suffered a severe injury during work at sea on the HelWin1 offshore grid connection project. The employee’s life is not in danger. The responsible authorities have been informed about the accident. TenneT i
Kvaerner has been selected to lead a Norwegian petroleum industry initiative with the objective to review competitiveness, competence and technology development for Norwegian offshore yards (Konkraft working group). Representing Kvaerner, Liv Monica Stubholt will lead the working group over the next
Chatham Rock Phosphate’s mining licence application will be considered as a priority under the brand new Crown Minerals Act law, according to New Zealand Petroleum and Minerals. A letter to the company from NZP&M says the information CRP has provided regarding the mineral resource and its financial
Alstom, a world leader in transport infrastructure, power generation and electrical grid, shows tidal stream power animation. Tidal power is a major growth area, with a potential global electricity generation estimated up to 100 gigawatts. The Company offers proven, reliable and efficient technologi
AMEC, the international engineering and project management company, has been awarded a two-year integrated services contract renewal by BP to provide operations, maintenance and project support to the Forties Pipeline System (FPS) in the North Sea. The contract is valued at between £10 million and £
In July 2011, several members of the BAUER group executed a drilled monopile foundation for a tidal turbine at the Scottish coast under most difficult conditions. A 23m-long monopile with a diameter of 2m was installed 11m deep into the rock bed 37m under sea-level. The foundation of tidal energy tu
Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of a client’s offshore project in Latin America. Located in the Santos Basin, in Brazil, the BS-4 block encompasses two post-salt wells and one pre salt well. Expro has been
ShawCor Ltd. announced that its Socotherm division has completed the acquisition of the 49% interest in Socotherm LaBarge LLC that it did not previously own for an undisclosed sum. Since 2008, Socotherm has been a partner in this successful joint venture in the global offshore deepwater insulation c
In a joint venture with Subsea 7, KKI has collaborated in the creation of a subsea valve intervention system for diver-less applications in the Offshore Oil and Gas industry. This animation demonstrates the complete removal and re-inseration of the valve insert. This content is available after accep
Claxton, an Acteon company, which specializes in engineering and services for jack up environments, has presented its SABRE subsea abrasive cutting system. The Claxton SABRE abrasive cutting system is capable of simultaneously severing all the casings in a well, regardless of casing loading, eccentr
Iona Energy Inc. (“Iona” or the “Company”) announces that the Department of Energy and Climate Change (“DECC”) has advised the Orlando joint venture partners that it has approved the Orlando Field Development Plan (“FDP”) submitted by the partners. The Orlando Field is owned by Iona (Operator 75%) a