A global subsea engineering firm is working on a major North Sea contract worth in excess of £2million. Rotech Subsea, which is headquartered in Aberdeen and owned by Norwegian firm Reef Subsea, is involved in a subsea excavation project with marine construction firm Red7Marine on what will be the U
Technip was awarded two contracts by the international energy company Statoil, worth a total of around €55 million, for the Vilje South field and Visund North developments located in the North Sea at water depths of 120 and 385 meters respectively. These contracts cover: * welding and installation o
Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announces two further contract wins worth a total of up to US$120 million for the Group. The offshore support services division, EMAS Marine, has been aw
Swells around the Astrolabe Reef are continuing to prevent salvors from diving on the wreck to assess the damage caused through Rena’s break-up and partial sinking of the stern, Maritime New Zealand (MNZ) says. MNZ Salvage Unit Manager David Billington said the current swell was around 2m, with a ma
Enbridge is investigating the report of a small natural gas leak in the West Cameron Block 275, approximately 66 miles off the coast of Louisiana in the U.S. Gulf of Mexico. A helicopter flyover was completed earlier , and a three-foot diameter patch of bubbles has been spotted on the surface of the
London Array offshore wind farm has encountered a delay caused by shallow water and poor weather in Thames Estuary. According to London Array project director Richard Rigg, the installation of array cables should be finished on schedule, with the aid provided by Visser & Smit and Global Marine’s ves
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, confirms that its wholly owned UK subsidiary, PR Singleton Limited, has been offered an exploration licence over UK seaward block 103/1 in the St George‟s Channel Basin, offshore Wal
Nautilus Minerals’ Tongan wholly owned subsidiary, Tonga Offshore Mining Ltd (“TOML”) formally signed the agreement with the International Seabed Authority (“ISA”) for exploration tenements in the Eastern Pacific granted in July 2011. The contract, signed during workshops in Kingston, Jamaica, gives
PCCW Global, an operating division of HKT, Hong Kong’s premier telecommunications provider, and network specialist Ciena® Corporation announced a capacity upgrade to the carrier’s subsea network with Ciena’s industry-leading WaveLogic™ coherent optical 100G networking solutions. This upgrade will si
Sify Technologies Limited, a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, announced the operational readiness of their Undersea Cable Landing Station in Mumbai. Speaking on the occasion, Mr. Raju Vegesna, CEO and Managing Director, Sify Te
The Ramform Valiant, a seismic vessel owned and operated by Petroleum Geo-Services ASA, has started acquisition of over 26,000 km² of GeoStreamer® data in five blocks in the Kwanza/Benguela Basins in Angola. The size of the survey area corresponds to an area slightly larger than Massachusetts or Wal
First Reserve’s Energy Infrastructure Fund (“FREIF”) announced it has partnered with Beowulf Energy (“Beowulf”) to invest in power generation and midstream assets in the Eastern Caribbean. The initial investment consists of the purchase from Beowulf of a substantial equity stake in Trinity Power Lim
Seven oil companies have purchased the Norwegian Petroleum Directorate’s seismic data package from Lofoten and Vesterålen, and several more have indicated their interest. The seven oil companies that have purchased the seismic data package are Statoil, ExxonMobil, Norske Shell, RWE Dea Norge, GDF Su
ABB, the leading power and automation technology group, has successfully commissioned a power link between Finland and Sweden. The HVDC (high-voltage direct current) Fenno-Skan 2 link is a cable-based power transmission system that enables the exchange of an additional 800 MW of power between the tw
