Tackling corrosion issues and developing new materials in the wave, tidal and offshore wind sectors across Europe could save up to £74 billion for developers and create up to £72 billion of supply chain opportunities by 2050, according to two new reports.
Lekoil has begun the shooting of a 3D seismic survey at the Otakikpo marginal field in OML 11, onshore and offshore in the south-eastern part of the Niger Delta. Sinopec Changjiang Engineering Services has been previously contracted by the company to carry out the survey. According to Lekoil, permit
The gravity base structure foundation for Minesto’s first commercial-scale installation of Deep Green tidal energy technology has been delivered.
Swire Seabed has welcomed two new members to its commercial team – Mark Colbridge as commercial manager, Middle East & Asia Pacific and Are Nordahl as head of sales in Swire Seabed. Colbridge started in January 2018 and is based in Singapore at the newly established Swire Seabed Singapore office, ma
Shell said it has made one of its largest U.S. Gulf of Mexico exploration finds in the past decade from the Whale deep-water well. The well encountered more than 427 meters of oil bearing pay. Evaluation of the discovery is ongoing, and appraisal drilling is underway to further delineate the discove
Oregon-based marine and industrial fabrication company Vigor has signed a contract valued at $6.5 million to build Ocean Energy’s wave energy device ahead of its deployment off Hawaii.
Petroleum Geo-Services (PGS), reported net loss for the fourth quarter ended December 31, 2017 of $195 million versus $156 million in the prior-year quarter. Basic loss was 58 cents per share, narrowed from 61 cents per share same time last year. PGS generated revenues of $236 million for the Q4 201
ABB has recently completed testing of the Maritime Link, enabling Emera to exchange electricity between the Island of Newfoundland and Nova Scotia for the first time in history. The Maritime Link is a 500 megawatt high-voltage direct current (HVDC) connection that will enable clean, renewable energy
Ulstein has shared a photo of Acta Marine’s service operation vessel (SOV) Acta Auriga under construction at Ulstein Verft.
Two sites in the Gulf of Morbihan in the French region of Brittany have been selected for further analysis in regards to potential tidal energy development in the area.
Inspection provider for the oil and gas industry, Innospection, said it has become the first ever to complete an inspection of over 2000 meters of flexible riser in one inspection. The Aberdeen-based firm has inspected 2600 meters of flexible riser on a Shell Nigeria FPSO in the Bonga Field, as part
Nord Stream 2 AG has received the construction and operation permit for the planned pipeline in German territorial waters and the landfall area in Lubmin, near Greifswald. The Stralsund Mining Authority issued the official approval for this approximately 55-kilometre-long section of the pipeline in
Darlington-based subsea specialist Modus is developing an approach to enable autonomous underwater vehicles (AUVs) to remain at offshore wind farm sites without a support vessel.
Petroleum Safety Authority (PSA) Norway has inspected Statoil’s operation of subsea facilities and leak detection systems on the Norne field. The audit of the Norne field, located in the Norwegian Sea blocks 6608/10 and 6608/11, was conducted in collaboration with the Norwegian Environment Agency. T
