TechnipFMC has broken ground on its new manufacturing, aftermarket and training facility in Dhahran in the eastern region of Saudi Arabia. The 52,500-square-meter facility greatly expands TechnipFMC’s footprint in Saudi Arabia with a major investment and 140 new jobs focusing on Saudi talents. The n
Two positions for master researchers have been made available at the Centre for Marine Technology and Ocean Engineering (CENTEC), at Instituto Superior Técnico of the University of Lisbon.
Singapore-based company Hann-Ocean Energy has conducted a preliminary feasibility study for deploying a Drakoo wave energy converter array onto a breakwater in Santa Marina, on the Italian island of Salina.
Petroleum Safety Authority (PSA) Norway has carried out an audit of Neptune Energy Norge focused on the fabrication of production pipes for the Fenja field, located in the Norwegian Sea, 35 kilometers southwest of the Njord field. The objective of the audit was to monitor qualification and productio
Scottish Parliament has passed a legislation which enables local authorities and communities will have a stronger voice in the management of Scottish Crown Estate assets.
Equatorial Guinea has directed all petroleum operators to cancel all contracts with Subsea 7 due to noncompliance of its local content regulations. The minister of Mines and Hydrocarbons said decision includes, but not limited to, Noble Energy, Exxon Mobil, Kosmos Energy, Trident and Marathon Oil Co
Norwegian vessel owner Eidesvik Offshore has posted quarterly loss of NOK 72 million (approximately $8.5 million) or NOK 1.46 per share, against profit of NOK 32 million (approximately $3.8 million) or NOK 0.98 per share for the quarter that ended on September 30, 2017. In the third-quarter 2018, Ei
Red Eléctrica de España has awarded Nexans a contract worth around EUR 50 million to manufacture and install a power cable that will connect the islands of Majorca and Menorca in Spain. The contract was signed after the Spanish Council of Ministers granted administrative authorization and declared i
Modus Seabed Intervention has completed trenching of the ONGC Vashishta pipelines and umbilical offshore India for McDermott International. The scope of work included the trenching and surveying of two 18km long pipelines with outside diameters of up to 579mm, and a 24km long 284mm outside diameter
Subsea equipment solutions specialist Ashtead Technology has bolstered its inspection, maintenance and repair services and capabilities with the acquisition of Canadian-based underwater inspection company, Welaptega. The transaction comes just 10 months after the company completed a joint venture wi
BOLT Lifesaver wave energy device, developed by Norwegian company Fred. Olsen, has maintained continuous power production during the now completed four-week initial commissioning phase.
SIMEC Atlantis Energy has agreed terms for the collaboration with the French region of Normandy under a joint venture that will work to deliver a phased large-scale tidal power project in the Raz Blanchard strait.
Marine Renewable Energy Collaborative (MRECo), the organization in charge of Bourne Tidal Test Site development, has filed a draft application to federal regulators to interconnect the infrastructure to the electrical grid.
Sapura Energy has secured new contracts in Mexico and Malaysia valued at approximately $417 million (RM1.75 billion). Among the latest wins is a contract from Hokchi Energy for Sapura Energy’s wholly-owned subsidiary in Mexico to undertake offshore engineering, procurement, transportation, installat
