Charles Hendry has found that tidal lagoons can help UK deliver security of electricity supply and its decarbonization commitments, urging the UK government to act swiftly on the ‘pathfinder’ Swansea Bay tidal lagoon project.
Norwegian oil services company, Aker Solutions, is said to be reducing its workforce capacity mainly in Norway, UK and India. According to reports, about 650 positions may be affected due to continued market slowdown and as part of company’s global reorganization. It is understood that some 100 posi
Tidal energy industry has welcomed the official review report which supported the development of large scale tidal lagoon projects in the United Kingdom.
Ithaca Energy is pushing forward with its strategy of building out the Greater Stella Area production hub as it expects production from its Stella field to start in February this year and investment in the Harrier field development programme to also begin during 2017. Preparation for start-up of the
EMEC’s and other UK tidal and wave energy industry experts have visited China to support the creation of marine renewable energy test center in the eastern part of the country.
OMV New Zealand informed that the Maari oil field, off Taranaki coast, is set to resume production this week. The company stopped production in late November last year as a precaution, following discovery of a crack in one of the wellhead platform’s 12 horizontal struts during a scheduled inspection.
Halliburton has entered into a technology cooperation agreement with Petrobras that should advance collaboration in a diverse set of projects targeting complex reservoirs such as deepwater pre-salt and mature fields. The multi-year agreement will facilitate the development of innovative solutions in
Chinese oil company, CNOOC, informed that the Penglai 19-9 comprehensive adjustment project has started production. The Penglai 19-9 oil field is located in Bohai Bay which has an average water depth of approximately 30 meters. In addition to fully utilizing the existing facilities of Penglai 19-3 o
Sonardyne Inc., Houston has supplied acoustically-aided inertial navigation technology for McDermott’s Lay Vessel 108 (LV 108). The Ranger 2 Pro DP-INS system is being used to support touchdown monitoring surveys of submarine cables, umbilicals and pipelines and as an independent position reference
SapuraKencana’s subsidiary, SapuraKencana Technology (SK Technology) and Proserv are joining forces to provide technology services in Asia Pacific. They will jointly provide a range of services across the drilling, production, maintenance and decommissioning market sectors with a strong focus on sub
Beatrice Offshore Windfarm Limited (BOWL) has been granted consent to renovate two historic buildings at Wick Harbour which will form the new GBP 10 million Operations & Maintenance (O&M) base for the 588MW Beatrice offshore wind farm. The construction works on the O&M base is expected to start in F
ACE Winches, has secured a spooling contract with Oceaneering for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) project. The contract will be the first time ACE Winches’ newly-developed 500te reel drive system is used. The tool is an upgrade of its existing 400te system that has been enginee
Tidal energy developer, Atlantis Resources, is establishing a new internal division which will leverage the existing skill set the company said it has accumulated during the progression of its MeyGen tidal power project. Atlantis Energy, as the new division will be known, will initially focus on opp
Norwegian-Dutch offshore service provider, Oceanteam, said it has reached an understanding with its bond holders on the main terms of the bond loan. Namely, the company has been in constructive talks with its banks and its bond holders since its financial restructuring announcement in October 2016.
