Husky Energy has received regulatory approval for a development plan amendment for the South White Rose field, the third satellite extension at the White Rose field in the Atlantic Region. The approval marks the latest step in the Company’s strategy to maintain stable, high-netback production from t
Marine Well Containment Company (MWCC) today announced the availability of a 10k psi capping stack for use in the deepwater U.S. Gulf of Mexico. The completion of the 10k psi capping stack – which stands 25 ft. tall including the necessary lifting gear and weighs approximately 50 tons – marks anothe
Power Grid Market will Grow from an Estimated $1,196.6 Million in 2013 to $2,365.1 Million by 2018, with a CAGR of 11.9% Through 2018 – New Report by MarketsandMarkets. The report covers the global Power Grid System Market in Subsea which includes different components of Subsea power grid system, ty
The peak representative body for minerals and energy sector companies in Queensland has welcomed the commitment of Australian and international scientists to support ongoing protection of the Great Barrier Reef as a place of Outstanding Universal Value on the World Heritage register. Responding to a
Infield Systems has just released the latest edition of its Global Perspectives Subsea Market Report To 2017. The ninth edition of this highly respected report is devoted to the global subsea market and provides a comprehensive analysis of its many facets. The report presents information on the expe
CARIS announces an upcoming HIPS and SIPS training course for marine and hydrographic professionals at the CARIS USA office in Alexandria, Virginia. The hands-on training course will be held July 16-18, 2013 and will focus on data processing, visualization, quality control and product creation techn
Pacific Drilling S.A. announced the closing of three financing transactions totaling $2 billion. The transactions included an offering of $750 million in 5.375% senior secured notes due 2020, a $750 million senior secured term loan with 2018 maturity, and a $500 million senior secured revolving cred
The latest seabed survey contract award by Forewind means the consortium’s spend on offshore surveys, primarily carried out by UK contractors, is almost £45 million. Since being awarded the rights to develop Dogger Bank in January 2010, Forewind has undertaken a huge range of geotechnical, geophysic
Under questioning during Senate Estimates in Canberra, the Great Barrier Reef Marine Park Authority (GBRMPA) revealed that the impacts of seabed dredging for coal port developments along the Great Barrier Reef coast could be far worse than previously understood. “This new information means Environme
CARIS and Kongsberg recently teamed up to conduct a five-day joint acquisition and processing workshop with Servicio de Oceanografia, Hidrografia y Meteorologia de la Armada (SOHMA) in Montevideo, Uruguay. Thirty-five attendees from hydrographic organizations and survey companies from Argentina, Bra
DNV and WWF have announced ideas on how to develop a research concept vessel that can address the seemingly intractable problems associated with cleaning up the plastic debris that is accumulating in the world’s ocean gyres. The pathways and degradation processes of plastic in the ocean are still la
Nautronix announced further enhancement to the functionality and future support of the existing legacy Nautronix NASDrill USBL acoustic positioning systems. The new NASDrill USBL MK II directional interrogate / receive Hydrophone (PN 8010-6200) replaces all previous Hydrophone models and incorporate
The University of Exeter concluded their field visit with a presentation to the Renewable Energy Team, key stakeholders who had helped the students with their research and the media. The Students presented for 2 hours on subjects ranging from offshore wind to energy efficiency to financial viability
The subsea industry is doing incredibly well, but is facing challenges such as escalating costs. This is the opinion of Kristian Siem, Chairman of Subsea7 and keynote speaker at UTC 2013. – The cost level in the oil industry has risen rapidly, and is out of step with other sectors. As a result, a nu
