Norwegian Institute of Marine Research in Bergen (IMR) has issued a tender invitation for delivery and deployment of electro-optical umbilical cables and subsea distribution units for extension of the ‘Lofoten-Vesterålen Cabled Ocean Observatory’ (LoVe). Lofoten-Vesterålen cabled observatory (LoVe)
Norwegian subsea player DeepOcean is reportedly letting go up to 90 of its workers as it adjusts to lower activity levels. Switching its focus to renewables in the past few months hasn’t been enough to compensate the slowdown in the oil industry. It is yet unclear who should go, however, general man
NEC Corporation and Telekom Malaysia have completed the landing of the South East Asia-Middle East-Western Europe 5 (SEA-ME-WE 5) submarine cable system at Melaka, Malaysia. Upon completion in 2016, the 20,000 km cable system will provide 24 Terabits per second (Tbit/s) of capacity utilizing the 100
TGS has recorded a drop in operating revenues of more than 50 percent in the fourth quarter 2015 compared to a year-ago period, and expects its full year revenues to be chopped by some 33 percent as the weak market continues to pressure seismic players. Namely, the Q4 2015 net operating revenues amo
GMB, the union for workers in energy industries and the offshore supply chain, has called on the UK Government to ensure there are no delays in offshore decommissioning to help protect thousands of supply chain jobs. Namely, according to GMB, there is no ‘logical case’ for delaying decisions since t
Seismic player Polarcus has gained support from key stakeholders for restructuring of its balance sheet, the company said Wednesday. According to the Oslo-listed company, the restructuring should reduce Polarcus’ debt level with renegotiated lease terms and the introduction of new call option prices
A2SEA is currently planning the installation of two foundations and two Siemens 4MW turbines on the Taiwanese project Formosa 1, scheduled to start in June 2016. The foundations and turbines will be installed by M/V Torben, formerly known as Friedrich Ernestine. A2SEA is operating the vessel under a
A2SEA is currently planning the installation of two foundations and two Siemens 4MW turbines on the Taiwanese project Formosa 1, scheduled to start in June 2016. The foundations and turbines will be installed by M/V Torben, formerly known as Friedrich Ernestine. A2SEA is operating the vessel under a
There is every reason to believe that 2016 will see a series of developments for renewable energy, especially in new markets in offshore wind, according to Bruce Valpy, Director at BVG Associates. The year ahead of us will see the commissioning of the first offshore farm in the US, at Block Island,
There is every reason to believe that 2016 will see a series of developments for renewable energy, especially in new markets in offshore wind, according to Bruce Valpy, Director at BVG Associates. The year ahead of us will see the commissioning of the first offshore farm in the US, at Block Island,
Frost & Sullivan published a report on anti-corrosion technologies for offshore structures on 24 December, 2015. The recent boom in the oil and gas sector, especially in North America is driving growth opportunities for anti-corrosion coatings in the offshore oil & gas segment while other industries
The Offshore Renewable Energy (ORE) Catapult and Atlantis Resources have announced the testing of Atlantis’ AR1500 1.5 MW tidal turbine at National Renewable Energy Centre in Blyth, UK.
Chinese utility Longyuan Power Group Corp connected to the grid the first four wind turbines at the 400MW Longyuan Putian Nanri Island wind farm on December 21, the company’s parent said in a release. The four 4MW Siemens SWT-4.0-130 wind turbines are situated in the waters off the city of Putian, F
The Ministry of Petroleum and Energy has signed an agreement with Statoil on a feasibility study regarding CO2 storage on the Norwegian Continental Shelf (NCS). Reportedly, the study will include various development concepts for storing CO2 at three different locations on the NCS. The study is to be
