Forum Energy Technologies recorded net loss in the first-quarter 2017 of $16 million, or 16 cents per diluted share, compared to net loss of $23 million, or 25 cents per diluted share, for the prior-year period. Sequentially, net loss widened from $13 million, or 14 cents per diluted share. The Hous
AGR has been appointed as well and drilling specialist advisor to Norwegian Petroleum Directorate. AGR will deliver advice to support evaluation of drilling programmes, well design and testing, completions and plugging and abandonment. The two-year scope of work has the option to be extended for an
Halliburton, Trendsetter Engineering and C-Innovations have formed a strategic alliance to provide integrated offshore well intervention packages in Gulf of Mexico. The alliance leverages the companies’ subsea solutions for hydraulic interventions. It believes that these combined packages will impro
German energy service provider Clean Energy Sourcing (CLENS) has won a contract to provide TenneT with data on current and forecasted generation on wind farms which will help optimise the transmission system operator’s net and curtailment management.
French offshore services provider Bourbon has been awarded a contract for the mooring installation of the first floating wind turbine in France at the experimental test site of SEM-REV managed by Ecole Centrale de Nantes (ECN), in the context of European project FLOATGEN. FLOATGEN is a wind turbine
Island Offshore has entered into an agreement with OceanGate Expeditions for the use of Island Crown as support vessel during the first manned submersible expedition to the wreck of the RMS Titanic since 2005. The assignment should start in May 2018 and will have a duration of 10 weeks for Island Cr
French start-up, Guinard Energies, has demonstrated its Poseide tidal turbine in real-sea conditions off the coast of Brittany in France.
Edinburgh-based tidal energy developer Atlantis Resources is looking for a Project Resource Analyst who would join its project delivery team.
German offshore wind farms generated 4.8 billion kWh of electricity in the first quarter of 2017, a 36.7 percent jump compared to 3.5 billion kWh of electricity generated offshore Germany in the first quarter of 2016.
German offshore wind farms generated 4.8 billion kWh of electricity in the first quarter of 2017, a 36.7 percent jump compared to 3.5 billion kWh of electricity generated offshore Germany in the first quarter of 2016.
Wave Energy Scotland (WES) has awarded £2.84 million to four wave energy technology developers who will be proceeding to the second stage of its wave technology development program.
Scottish Minister for Business, Innovation and Energy, Paul Wheelhouse, has warned that the inability to access EU funding as a result of Brexit puts Scotland at risk of losing the market lead in tidal energy sector.
Aker BP ASA (Aker BP) has entered into a framework contract with Schlumberger for acquisition of 4D seismic data. The framework contract has a duration of four years, with an option for 2+2 years. The contract includes WesternGeco marine acquisition of 4D seismic data over the Aker BP-operated field
DONG Energy reported an operating profit (EBITDA) from continuing operations of DKK 3.3 billion (EUR 443.5 million) in the first quarter of 2017, a 53.5% slide compared with DKK 7.1 billion in Q1 2016, despite a 21% jump in earnings from commissioned wind farms.
