Norway’s Electromagnetic Geoservices (EMGS) has secured a data licensing agreement for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. According to the company’s statement on Oslo stock exchange, the deal is worth approximately USD 3 million. EMGS will book the f
Providence Resources P.l.c. announced that the seismic interpretation and mapping of reprocessed 2D seismic reflection profile data has confirmed the presence of a large Mesozoic structural closure within Licensing Option (LO) 13/04, located in the South Celtic Sea Basin. LO 13/04 is situated in c.
Schottel Hydro is preparing SIT tidal turbine for the presentation of BlueTec floating tidal platform. The naming ceremony for the BlueTec floating tidal platform will be held on April 9, 2015, in Den Helder, the Netherlands. Shortly after the naming ceremony, the floating tidal turbine will be inst
The new High Voltage Direct Current (HVDC) submarine cable system interconnecting Norway and Denmark, Skagerrak 4, has been officially inaugurated and ready for commercial operation. The realisation of Skagerrak 4 had been agreed upon by the Danish and the Norwegian transmission grid operators Energ
Norway’s Kleven Verft has launched Olympic Shipping’s future subsea vessel “Olympic Nike”. Back in May 2014, Olympic Shipping entered into a new contract with Kleven Verft for building of an Inspection Maintenance Repair (IMR) vessel with MT6021 MK2 design. The MK2 design is a further development of
ABB has won an order worth around $130 million from DONG Energy to supply a high-voltage cable system that will bring power from the Walney Extension wind park off the northwest coast of England to more than a million people in the United Kingdom. The Walney Extension will provide additional generat
DONG Energy has signed an agreement with the Jan De Nul Group for the installation of subsea export cables at the Race Bank offshore wind development project in the UK. Race Bank offshore wind farm, when operational, will have a capacity of up to 580 megawatts, enough to power over 400,000 UK homes.
The proposal for constructing several tidal energy lagoons in the UK could provide opportunities for the mineral products sector over the medium term. According to the Mineral Products Association (MPA), the projects are likely to generate significant demand for a range of UK mineral products, not o
Hughes Sub Surface Engineering (Hughes SSE), today officially launched its new corporate brand, including a new logo, tagline and customer materials at EWEA Offshore 2015 in Copenhagen. As stated by Hughes SSE, the rebranding reflects the many recent changes the company has undergone as well as its
Oceanflow Energy, a UK-based tidal energy developer, has completed the winter trials of their Evopod floating tidal energy device. The device was deployed in Sanda Sound, South Kintyre, UK from August 7, 2014. The aim of the trials was to demonstrate Evopod’s low motions and survivability characteri
Chevron Australia has awarded DOF Subsea Asia Pacific a three years Master Services Agreement, IMR contract to work on projects on the Australian North West Shelf. DOF Subsea will deploy the DP Vessel the Skandi Protector to undertake this work supported by an extensive management, engineering and l
Ocean Power Technologies has announced plans to deploy their APB-350 (A1) PowerBuoy wave device in summer 2015. The company stated the new PowerBuoy APB-350 (A1) will use the existing structure deployed in 2013, with a newly designed power take-off (PTO) system and upgraded components. The deploymen
Wave energy developer Carnegie Wave Energy Limited announced that the third and final CETO 5 wave energy unit has been successfully installed and is operating at its Perth Wave Energy Project site off Garden Island, Western Australia. The third CETO 5 unit was installed successfully at the project s
Royal Boskalis Westminster N.V. (Boskalis) realized a net profit attributable to shareholders of EUR 490.3 million, compared to EUR 365.7 million in 2013. During the past year revenue rose by 1% to EUR 3.167 billion (2013: EUR 3.144 billion). Adjusted for acquisitions, deconsolidations and divestmen
