DOF Subsea Group has secured multiple contract awards in Asia Pacific, the Mediterranean and in the Gulf of Mexico over the last couple of weeks, with a total contract value of about USD 50 million. In the Asia Pacific region DOF Subsea has secured several contracts for a four month campaign offshor
BP was today notified that it was the successful bidder for four deepwater exploration blocks offshore Nova Scotia, Canada. The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced that BP was the successful bidder for blocks five, six, seven and eight in the Call for Bids NS12-1. The bloc
On the 19th of October 2012 ITW Densit finalized its part in the famous London Array project. For almost two years, ITW Densit has been working on both offshore and onshore grouting within the London Array project. This included offshore and onshore grouting of 175 wind turbines and the two offshore
Nautilus Minerals, a company engaded in seabed mining, has decided to halt the construction of Solwara 1 project offshore Papua New Guinea regarding a dispute with the government. Nautilus terminated the construction because of a dispute over the cost of up to US $80 million, that, according to the
TenneT Offshore GmbH has announced tender invitation for supply of subsea cables. The project includes manufacturing, supply and installation of AC submarine cables, including fibre optics, in the region of the cluster SylWin designed for a transmission capacity of up to 300 MW per wind farm and a p
Dril-Quip, Inc. announced today that Terence B. Jupp has been appointed to its Board of Directors upon the recommendation of its Nominating, Governance and Compensation Committee. Jupp, 53, has been Chief Operating Officer of CASA Exploration, a recently formed oil and gas exploration company, since
Scotrenewables Tidal Power Limited, founded and based in Stromness, was this week awarded an ‘Agreement for Lease’ from the Crown Estate for a commercial tidal energy demonstrator project to be located at Lashy Sound between the islands of Eday and Sanday in Orkney. The award from Crown Estate, the
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if the
Minister for Finance and Treasury of Solomon Islands Rick Hou has signed a financing agreement with Asian Development Bank (ADB) and a project agreement with Solomons Oceanic Cable Company (SOC) for the submarine cable project development. The submarine cable project, which is planned to connect the
Metocean Services International (MSI) recently completed a real-time current measurement programme for CGGVeritas to support seismic operations offshore Ivory Coast. The system was installed on the support vessel Tanux-1, and provided real-time current profile data both on the Tanux-1, as well as vi
International marine engineering company SeaRoc has announced the opening of a further office in Scotland to support the country’s growing offshore wind farm and marine renewables industries. Located in Dundee, the new office opened on November 12th and houses a number of marine engineering experts,
EMGS, the marine EM market leader, recorded revenues of USD 43.2 million in the third quarter of 2012, down from USD 45.5 million in the third quarter of 2011. “Compared to the previous quarters, the third quarter is disappointing financially. However, we are on track to deliver the best-ever annual
Subsea mooring connector (SMC) specialist, First Subsea has invested over £200,000 in new mooring connector test rig facilities at its production site in Lancaster, UK. The test-rig is being used in the manufacture of ‘next generation’ SMCs for industry leading, deepwater mooring projects: the Jack
Solstad Offshore ASA (SOFF) have extended its contract for the CSV “Normand Fortress” with Constructora Subacuatica Diavaz, SA de CV in Mexico. The duration of the contract is 1 year and the value of the contract is about USD 17 mill. With this extension the vessel will be on contract with Diavaz un