Nautilus informed that factory acceptance testing (FAT) of the riser tooling and the subsea pull-in skids for its Solwara 1 mineral exploration project was successfully completed this week in Poland and the USA respectively. The riser tooling, which was designed by GMC in Houston, is a piece of equi
Aberdeenshire-based tidal energy developer, Current2Current (C2C), has highlighted the collaboration as the key driver for the advancement of its tidal energy technology.
Oslo-listed Oceanteam has booked net loss of some $600K for the third quarter ended September 30, 2016. This result compares with $6 million loss in the corresponding period in 2015. The Norwegian-Dutch offshore service provider generated $11 million in operating revenues, down approximately 16% com
Siemens Wind Power and Renewables recorded an 84% rise in profit in the fourth quarter of the Fiscal Year 2016 despite a 56% slide in orders received compared to the fourth quarter of 2015. The profit in the company’s renewables division was EUR 132 million in Q4 FY 2016, compared to EUR 72 million
Aker BP has started the production from Viper-Kobra project, which is tied back to the Alvheim FPSO. “The Viper-Kobra project is developed on time, on budget and is a small, but important project for Aker BP. Viper-Kobra leverages on the existing infrastructure in the Alvheim area, thus ensuring max
Minesto has signed the collaboration agreement with the Research Center for Ocean Energy and Strategies (RCOES) at National Taiwan Ocean University to explore the potential of using its Deep Green tidal technology in Taiwan.
Oslo-listed Subsea 7 has lifted its profit in the third quarter ended September 30, 2016, on high utilisation of its active fleet, combined with previously announced cost cuts and more favorable tax rate, compared to the prior-year quarter. Despite revenue drop of 23 percent compared to Q3 2015, the
Geology Without Limits (GWL) explored the Barents Sea’s Norwegian shelf segment employing its new FloatSeis marine seismic technology. GWL markets FloatSeis as marine seismic technology that amends CDP reflection method with refracted waves data. Using custom seismic equipment in addition to both 2D
Interoute has opened dual entry into Europe through France and Italy from the South East Asia–Middle East–Western Europe 5 (SEA-ME-WE 5) submarine cable. Interoute will connect digital traffic from Africa, Asia and the Middle East via its Point of Presence (PoP) in Marseilles, France and OHM Data Ce
Saipem has been awarded new contracts and change orders in the E&C offshore segment, for an overall amount of about 1 billion dollars. In particular, the most significant are the notification of award by Saudi Aramco of two EPIC contracts (engineering, procurement, installation, construction), under
Italian diving specialist Rana has completed diving campaign for Emas for the installation and hook-up of the new FSO Gaza at Bouri Field offshore Libya. The FSO Gaza will replace the FSO Sloug at Bouri field located 120 kilometers north of the Libyan coast in the Mediterranean Sea in water depths b
UK-listed oil and gas player Tullow informed on Wednesday that Jubilee field FPSO turret remediation project is progressing as planned. The interim spread-mooring of the vessel on its current heading is on track to be completed by the end of 2016. To remind, in April this year, Tullow notified that
Bibby Offshore has been awarded a second contract from Shell to provide inspection services on assets in the Corrib natural gas field offshore Ireland. The project started in July and is set for completion by the end of this year, the company informed. The second contract follows the completion of t
Cape Sharp Tidal has connected the turbine cable tail with the interconnection cable at the Fundy Ocean Research Center for Energy (FORCE) in the Bay of Fundy.
