Cooper Energy has made a final investment decision (FID) for the Sole gas project following the announcement of a fully underwritten finance package to complete funding for the project. The finance package includes AUD 250 million senior secured bank debt facility fully underwritten by Australia and
CGG has started work on Espirito Santo IV, a large BroadSeis 3D multi-client survey in the deep and ultra-deep waters of the Espirito Santo Basin offshore Brazil. The Oceanic Champion is acquiring the survey which is expected to take seven months. This industry-supported survey will cover 10,300 squ
TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract from Husky Energy for the West White Rose project in Eastern Canada. The contract covers the supply and installation of subsea equipment including tie-in manifolds, flexible flowlines, and control
JD-Contractor has been awarded the contract for the cabling of the 28MW Nissum Bredning project in Denmark, where Siemens Gamesa will test a variety of its new offshore wind solutions. On behalf of I/S Nissum Bredning Vind, Siemens Gamesa is constructing four wind turbines and related equipment in N
The final preparations are happening for Marine Energy Event to be held on 11 October 2017 together with partners EWA (Dutch Energy from Water Association) and DMEC (Dutch Marine Energy Center). We are proud to announce our full list of speakers.
Early 2018 IKM Cleandrill will start its first offshore operations in the Caspian Sea, after being awarded a contract for riserless mud circulating system services by Total E&P ABSHERON BV on behalf of JOCAP, Joined Operating Company for Absheron Project, JV between SOCAR (50%) and TOTAL (50%). The
A new European project, named Kraken, has officially started aiming to develop a viable robotic arm to be used with remotely operated vehicles (ROVs) for the inspection, repair and maintenance (IRM) of ocean energy devices.
Forth Ports Limited and AF Offshore Decom UK, a subsidiary of AF Gruppen, have signed the head of agreement with the intent to establish a new joint venture, AF Dundee, which will lay the foundations of creating a UK North Sea oil and gas decommissioning hub in the city of Dundee, with its nucleus a
Earlier this year, the Fraunhofer Institute for Wind Energy and Energy System Technology (IWES) released the first wind index for offshore wind farms. The Fraunhofer IWES Offshore Wind Energy Index (FROENIX) helps with estimating the inter-annual power density variation at offshore wind farm sites.
The manager of the seabed in Scotland, Crown Estate Scotland, has made offshore spatial data relating to the organization’s offshore assets freely available for the first time.
A new European project named Kraken has started. The project received €350.000 through financing of OCEANERANET (Ocean Energy European Research Area Network) and gathers four partners of three different countries: WavEC Offshore Renewables and Instituto Super Técnico (Portugal), SIANI (Canary Island
Norwegian vessel owner Eidesvik Offshore has posted quarterly profit of NOK 201 million (approximately $26 million) or NOK 6.54 per share, against loss of NOK 27 million (approximately $3.5 million) or NOK 0.74 per share for the quarter that ended on June 30, 2016. Result for the first six months of
French tidal energy developer Sabella has engaged the services of Olympic Shipping’s multi-purpose vessel Olympic Taurus for the installation of new cable part related to the Ushant island tidal energy project.
Vattenfall is seeking crew transfer vessels (CTVs) to assist during the construction and operations and maintenance of the 406MW Horns Rev 3 wind farm in the Danish North Sea.