A/S Norske Shell has received consent from the Petroleum Safety Authority Norway (PSA) to extend the lifetime of the Draugen facility. Draugen is an oil field in the Norwegian Sea, around 150 km north of Kristiansund. A/S Norske Shell (Shell) is the field’s operator. Production on the field began in
Australian telecommunication company Telstra informed on Wednesday that its recently acquired subsea cable company Pacnet has had a security breach, potentially making its costumers vulnerable. According to reports, Pacnet was hacked on April 3, approximately two weeks before Telstra completed the a
CWind has won a contract to supply rigging and cable pull-in services to CT Offshore to support their cable laying project at DONG Energy’s Gode Wind 1 & 2 offshore wind farms. Under the contract, CWind will support the pull-in of the cables at all 97 turbines as well as those connecting the array t
Marine energy company Minesto has been awarded a 13 million Euros investment from the European Regional Development Fund through the Welsh Government. The funding is part of the commercial roll out, including the establishment of Minesto UK Headquarters in North Wales and commissioning of the first
The European Regional Development Fund has awarded EUR 13 mln to Minesto through the Welsh Government for the commercial roll out of Deep Green tidal power plant. The funding will be used to establish Minesto UK headquarters in North Wales, and for the installation of the first commercial scale 500
Carnegie Wave Energy Limited reported this morning that the first of its CETO 5 Units has been retrieved after over 4,000 hours of operation and over 8,500 across all three Units. The retrieval was completed on the first attempt by using its hydraulic “quick connect” technology to disconnect the Uni
Carnegie Wave has retrieved the first CETO 5 unit for onshore maintenance and inspection. The unit has been operating over 4.000 hours. The retrieval was completed using hydraulic ‘quick connect’ technology to disconnect the unit from the seabed foundation. The disconnection was then followed in suc
Carnegie Wave Energy has successfully retrieved the first of its CETO 5 units after over 4,000 hours of operation and over 8,500 across all three units. The retrieval was successfully completed on the first attempt by using its hydraulic “quick connect” technology to disconnect the unit from the sea
This year’s Offshore Technology Conference has seen the launch of a new subsea company, Underwater Integrity Solutions (UIS). The Houston-based UIS, is an independent company, focused on underwater integrity, production assurance and life extension for subsea fields. UIS leadership team comprises of
PSW Group has entered into a frame agreement with COSL Drilling Europe for Subsea & Riser Maintenance services of the company’s drilling rigs. The agreement has a duration of 3 years and with an optional period of 2 years. Work under the contract has already commenced. The scope of work is for inspe
Oslo-listed Solstad Offshore, has recorded a loss of NOK 236 million ($31.6 million) for the first quarter of 2015 due to currency rate fluctuations, and unrealized currency loss of NOK 355 million ($47.6 million). These results compare with profit of NOK 212 million ($28.4 million) in the correspon
Marine operations company Green Marine Energy Support Services, based in Stromness, Orkney, recently took delivery of a Damen Multi Cat 2712 workboat for its offshore wave and tidal activities. The Multi Cat 2712 workboat is 27.7 metres long, and has a beam of 12.45 metres. The boat was christened G
Five fishermen have been rescued from a life raft overnight after the fishing vessel Kairos sank 75 miles west of the Isles of Scilly. UK Coastguard received two distress calls just after 23:45 yesterday (May 18, 2015) including an EPRIB from the Kairos that gave a GPS location for the vessel. Falmo
Spectrum has entered into a cooperation agreement with Schlumberger to jointly acquire and process Spectrum’s offshore Mexico Campeche-Yucatan 2D regional Multi-Client program. The cooperation agreement includes more than 44,000 km of regional 2D seismic data in the new frontier Campeche/Yucatan are
