Subsea 7 has signed an agreement to form an alliance with Houston-based KBR, and its wholly owned subsidiary, Granherne, to collaborate in the delivery of Concept and Front End Engineering and Design (FEED) services to the global offshore oil and gas industry. Within the cooperation agreement betwee
Aker Solutions’ subsea business is currently in play for over NOK 30 billion in potential awards, while the whole group is engaged with tenders worth over NOK 50 billion and looking at twice this value in terms of opportunities, the company said in today’s Q2 presentation. However, Luis Araujo, Chie
Tidal and wave energy sector players are gathering today, July 15, in Cardiff to attend the workshop on wave and tidal demonstration zones and test test sites across the UK. Welsh Government is hosting the event in Cardiff, and the Crown Estate, along with Natural England, Natural Resources Wales, S
Energean Oil & Gas has completed a new 3D seismic survey over the Prinos Oil Field and its surrounding licenses, in the Gulf of Kavala, North Eastern Greece. In the context of the 3D seismic survey which lasted 23 days, data from an area of 340 km2 was acquired on 82 sail lines (8 streamers, 5100m l
Natural Power has been working alongside Tidal Lagoon Power on the Swansea Bay tidal lagoon project which was granted planning permission last month. Natural Power’s team has completed pre-construction bird surveys for the project, and has been commissioned to deliver a desk-based review of wading b
Statnett, the state owned transmission system operator in the Norwegian energy system, is reinforcing the country’s electricity network with the Inner Oslofjord power connection project based on Nexans subsea cable technology. In a project worth around Eur 50 million, Nexans will design and manufact
Offshore Marine Management (OMM) has been awarded a contract by RWE Innogy to deliver cable repair and an option for maintenance services to the German Nordsee Ost offshore wind farm. The five-year agreement will involve OMM working in collaboration with the firm to provide essential structural and
Aker Solutions has seen its profit decline in the second quarter on MMO overcapacity, lease costs and lower demand for subsea services in the North Sea. The company generated revenue of NOK 8 billion in the second quarter of 2015 compared with NOK 8.1 billion a year earlier, due to projects in Afric
The Fundy Ocean Research Center for Energy (FORCE) has completed two underwater monitoring platforms, now in their final stages of testing in Dartmouth before sea trials in the Bay of Fundy, Canada. The Fundy Advanced Sensor Technology (FAST) platforms are recoverable instrument platforms designed t
Marsol International, a Dubai-based marine solutions provider, has launched a specialist Emergency Pipeline Repair Service (EPRS) to safeguard shallow water intertidal zones. EPRS has been developed over the last six years to service all types of environmental situations and geotechnical configurati
WERPO, an Israeli wave energy developer, has announced plans for the construction of a 10 MW wave power plant in Sri Lanka. WERPO has received approval for this renewable energy project from the Ceylon Electricity Board (CEB), the largest provider of electricity in Sri Lanka, WERPO’s press release r
A joint venture between National Grid and Statnett SF has awarded contracts totalling €1.5 billion to build the NSN link, the first electricity link between UK and Norway. NSN Link has contracted with two cable suppliers, Prysmian and Nexans, to deliver the cable needed for the 740 kilometre route l
Prysmian has been awarded a new contract worth around €550 million, for an HVDC (High Voltage Direct Current) submarine interconnector that will link Norway and the UK, by Statnett SF and National Grid NSN Link. “This important milestone reconfirms our prominent role in the submarine cables sector,
US Department of Energy has announced the five Energy Department National Laboratories that will participate in $20 mln pilot project designed to help small businesses bring next-generation clean energy technologies to the market. With this federal funding, the labs will be providing vouchers, start
