The Deutsche Bucht Mono Bucket pilot demonstrator project has reached financial close, Northland Deutsche Bucht GmbH said.
A so-called ‘dry’ Cape Sharp Tidal turbine – denoting the fact it was never before deployed in sea – has been towed by the Atlantic Osprey vessel across the Bay of Fundy where it will be installed shortly.
To improve and control flow in water injection wells, Tendeka, has completed a field trial with a major operator to test its sand control technology – Cascade³. Cascade³ is a well screen and flow control completion system which uses intrinsic check-valves built into the lower completion to prevent s
Van Oord’s cable-laying vessel Nexus has loaded the final batch of inter-array cables for the Borkum Riffgrund 2 wind farm and is now installing them in the German North Sea. The expected date of the completion of the works in the field is August 07, 2018, Van Oord’s spokesperson said. Nexus is depl
Trendsetter Engineering and Add Energy, the co-developers who created the ‘Relief Well Injection Spool’ (RWIS), have announced that their well kill and optimization hardware has been granted a US patent. The RWIS has been designed and built to enable operators to stop a blowout from prolific reservo
Petroleum Safety Authority (PSA) Norway has carried out an audit of Norske Shell (Shell) focused on the replacement of flexible risers on the Draugen field. The audit focused on the Shell’s work on replacing flexible risers on the Draugen field in the Norwegian Sea. The object of the audit was to ve
Subsea 7 has secured a sizeable offshore transportation and installation contract with an unnamed client. According to Subsea 7, a sizeable contract is being between USD 50 million and USD 150 million. Offshore execution of the contract is planned for 2020. “No further details are disclosed at this
Fairfield Geotechnologies and Ikon Science have formally signed a joint venture agreement to offer complete geoprediction services to the oil and gas industry in North America. The joint venture leverages Ikon Science’s geoprediction technology, which includes innovative workflows for unconventional
Petroleum Geo-Services (PGS), reported profit for the second quarter ended June 30, 2018 of $10 million versus loss off $37 million in the prior-year quarter. Basic earnings per share was 3 cents per share, bouncing back from 10 cents per share loss same time last year. Norway-based PGS generated re
Marine energy developers from the Nordic countries will showcase the advancements achieved in the sector through ocean deployments at an event set to take place in two months’ time.
Mermaid Maritime said that its Middle East business unit has been awarded a subsea services contract in a GCC country with an initial contract value of USD 16 million. The contract is scheduled to be performed in the Arabian Gulf during the course of August 2018 until March 2019. The work will invol
Wave energy developer based in the USA – Ocean Power Technologies (OPT) – has reported 7% higher net loss for the fiscal year 2018 when compared to year before.
ROV services provider, M2 Subsea, said it has secured a contract to provide inspection services for Premier Oil’s Balmoral floating production vessel (FPV). M2 Subsea will carry out the 2018 inspection of the vessel’s hull, flowlines, umbilicals, risers and subsea template. The Balmoral is a purpose
The European Marine Energy Centre (EMEC) and Wave Hub have signed an agreement with Marine Energy Wales to provide strategic advice for the development of marine energy test center in Pembrokeshire.
