TGS has commenced acquisition of a 3D multi-client seismic survey in the Outer Exmouth Plateau area. The new survey, Gnaraloo, covers 2,093 km2 over parts of blocks WA-347-P, WA-348-P and neighbouring open acreage to the north of the Mary Rose Northeast 3D multi-client survey, previously announced i
Subsea 7 S.A. announced the award of a SURF contract valued at approximately $80 million from Statoil on Svalin C Field, situated in the central part of the North Sea, six kilometres southwest of the Grane Field. The contract scope includes the transport and installation of a 4 slot Integrated Templ
Eni, the international oil and gas company, announces the Group preliminary results for the fourth quarter and the full year 2011 (unaudited). Financial Highlights * Adjusted operating profit: €17.97 billion for the full year (up 4%); €4.26 billion for the quarter (down 10%) * Adjusted net profit: €
ABB, the leading power and automation technology group, has won an order worth around $30 million from Energinet.dk, the Danish transmission system operator, to supply a high-voltage submarine and underground power cable system for the Little Belt strait in Denmark. This is a shipping lane that conn
Coastline Surveys announce that they have been selected to support the National network of strategic regional coastal monitoring programmes-framework agreement, South West Region. The award consists of a Five year programme to provide single beam & bathymetric surveys to the South West Region in rel
The oil activity in Arctic regions will require new technologies for oil spill prevention. “This summer, we will offer this innovative challenge to 10 creative students in the fields of engineering, economy or other disciplines,” says Knut Ørbeck-Nilssen, DNV’s Vice President for Norway, Russia and
Cathelco have won an order to supply seawater pipework anti-fouling equipment for the first purpose built jack-up rig to be constructed for Saudi Aramco. The rig will be built at the Keppel FELS yard in Singapore and is scheduled for delivery in the second half of 2012 when it will be deployed by Sa
Scotland’s first near shore commercial wave power array, which will power more than 1,000 homes, has been approved by Energy Minister Fergus Ewing. Two new Oyster wave energy converters will be added to an existing device at the European Marine Energy Centre (EMEC) at Billia Croo, Orkney, to allow o
Kvaerner had operating revenues of NOK 3 004 million in the fourth quarter 2011. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 249 million, resulting in an EBITDA margin of 8.3 percent. The Board of Directors proposes a dividend of NOK 1.00 per share for 2011.
VERIPOS has recently been awarded a new three-year contract by Technip, a global project management, engineering and construction company serving the energy industry. The contract is for provision of services aboard eight of Technip’s fleet of subsea construction vessels and represents a continuatio
FMC Technologies, Inc. reported fourth quarter 2011 revenue of $1.5 billion, up 36 percent from the prior-year quarter. Diluted earnings per share were $0.41, equal to the prior-year quarter. Total inbound orders of $1.8 billion were up 14 percent from the prior-year quarter and included $1.3 billio
Technip was awarded a pipeline installation contract by Woodside Energy Limited for the Greater Western Flank Phase 1 Project located 130 kilometers North West of Karratha in Western Australia. This pipeline will link the Goodwyn GH and Tidepole fields via a subsea tie-back to the existing Goodwyn A
Hyperdynamics Corporation announced it has completed the drilling of the Sabu-1 exploration well on its concession offshore Guinea-Conakry. The Sabu-1 well was drilled to a depth of 11,844 feet in a water depth of 2,329 feet. Results of real-time hydrocarbon chromatograph measurements and Schlumberg
HiDef Aerial Surveying deployed the latest version of its digital video technology within the intertidal area of the Wash on the east coast of England. The survey provided complete coverage of the near shore cable routes for the LID/Lincs and Race Bank windfarms for Centrica Renewable Energy. Conven
