10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • UK regulator scraps CoP reports requirement to bolster energy security

    1 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    UK’s regulator says that the industry will make significant savings in time and money following its move to cut red tape and scrap the requirement for CoP reports.

  • Centrica CEO Delivers Keynote Address at Offshore Europe

    4 September 2013

    Centrica Chief Executive Sam Laidlaw gave a keynote address at the Offshore Europe conference in Aberdeen, one of the largest oil and gas events in Europe. Sam first spoke about the recent tragedy, which claimed the lives of four people from the oil and gas industry in a helicopter crash off Shetland.  He said: “Our […]

  • USA: GMP Invests in Triton Diving Services

    13 January 2011
    Business & Finance

    Grey Mountain Partners, LLC (“GMP”) has made an equity investment in Triton Diving Services, LLC (“Triton”), a provider of commercial diving services to the offshore oil and gas industry in the Gulf of Mexico. The investment provides Triton with additional capital and resources to enable it to continue providing the safest, highest quality service to […]

  • SEA Wave crew to assess wave environmental effects

    6 December 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    A European Maritime and Fisheries Fund (EMFF) project has been launched to address long-term environmental concerns around the development of emerging wave energy technologies.

  • SNS2012: Making the Most of Southern North Sea’s Rich Resources (UK)

    26 January 2012
    Business & Finance

    The eyes of the world are focused on the East of England’s rich energy assets and that will be reflected in one of the region’s major conferences in Norwich this year. The Southern North Sea Conference, SNS2012, staged by EEEGR (the East of England Energy Group) will be the biggest ever, with a strong international […]

  • Australia: Burke OKs Anketell Point Port Project

    16 May 2013
    Business & Finance

    Federal Environment Minister, Tony Burke, today approved the Anketell Point Iron Ore Processing and Export Port project in Western Australia, subject to 45 strict conditions. Mr Burke said with these conditions in place, he is satisfied that the project can go ahead without unacceptable impacts on matters protected under national environmental law. “My decision comes […]

  • Jack-up rig selected to drill Buffalo well in October

    30 June 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, located offshore Timor-Leste.

  • PanGeo Subsea Selects Perle Device Servers for Its SBI (Canada)

    29 July 2012
    Business & Finance, Equipment

    Perle Systems, a global provider of advanced serial to Ethernet and secure device networking solutions, disclosed that PanGeo Subsea selected Perle IOLAN STS4T Device Servers for integration into their Sub-Bottom Imager ™ (SBI). The SBI is a large roving device that is submerged and sent to undersea sites where oil, gas or other proposed pipelines […]

  • Aquatic Supports DeepOcean Training Programme (UK)

    24 December 2013
    Business & Finance

    Industry experts from Aquatic Engineering & Construction Ltd, an Acteon company, have presented the company’s work and subsea operations to support DeepOcean UK’s graduate training programme and new conversion engineering programme. Martyn Conroy, Aquatic EMEA and Americas business development manager, and Sandy Roberts, Aquatic training supervisor, were invited to speak about Aquatic’s work as part […]

  • Highlights of the Week

    8 March 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (March 02 – March 08). Oil services company Subsea 7 has plunged into the red on fourth quarter revenue drop and hefty impairment charge, following a downward revision of forecast activity levels, driven by challenging market conditions. The […]

  • UK: SMD Wins Queen’s Award for Enterprise

    23 April 2012

    SMD has been honoured with the prestigious Queen’s Award for Enterprise in the International Trade category for its growing presence and success in global markets. This is the second Queen’s Award the company has won in the last two years. In 2011, SMD was presented with the Queen’s Award for Innovation for its work-class remotely […]

  • UK: National Grid to Withdraw Remaining LNG Stocks from Partington Facility

    8 March 2011

      National Grid LNG Storage has announced it is to withdraw the remaining stocks of liquefied natural gas from its LNG storage facility at Partington near Manchester. The volume of gas remaining at Partington represents only about one per cent of current GB storage stocks. National Grid’s LNG storage business is not to be confused […]

  • Esvagt to reduce employee pay over COVID-19, oil price drop

    12 May 2020
    Business & Finance, Business Developments & Projects

    Offshore vessel provider Esvagt has decided to streamline its operations and reduce pay to its workers and management to combat the consequences of the decreasing energy prices and COVID-19.

  • UK: Jee Celebrates 25 Years in Business

    26 June 2013

    This year, leading independent subsea engineering and training firm Jee Ltd celebrates 25 years in business. During its history the company has experienced significant growth, expanding from one entrepreneurial engineer to a team of 90.  Jee Ltd managing director and founder, Trevor Jee, said: “Reaching our 25-year anniversary is a significant milestone for the company […]

  • Germany: HOCHTIEF Partners with GeoSea for Construction of Jack-Up Vessels for Offshore Wind Farms

    6 July 2011
    Business & Finance, Operations & Maintenance, Technology

      HOCHTIEF has a new partner for the construction and operation of dynamically positioned offshore jack-up vessels for offshore windfarms and oil&gas: GeoSea, which is part of the Belgian DEME Group, is taking over the BELUGA HOCHTIEF Offshore GmbH shares that were sold by the heavy-lift shipping company Beluga with financial effect on June 1, […]

  • Germany: HOCHTIEF Partners with GeoSea for Construction of Jack-Up Vessels

    6 July 2011
    Business & Finance

      HOCHTIEF has a new partner for the construction and operation of dynamically positioned offshore jack-up vessels for offshore windfarms and oil&gas: GeoSea, which is part of the Belgian DEME Group, is taking over the BELUGA HOCHTIEF Offshore GmbH shares that were sold by the heavy-lift shipping company Beluga with financial effect on June 1, […]

  • CORE POWER and Westinghouse join forces to develop floating nuclear power plant

    29 November 2024
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Technology

    Westinghouse Electric Company has signed a cooperative agreement with CORE POWER to design and develop a floating nuclear power plant (FNPP).

  • Multiconsult and Argeo form marine survey alliance

    13 January 2021
    Collaboration, Infrastructure, Technology

    Norwegian companies Multiconsult and Argeo have entered into a strategic cooperation to improve quality of marine surveys and increase construction insight of the seabed conditions for large coastal development projects and offshore structures. The two parties have also invested in a Hugin autonomous underwater vehicle. The objective for the cooperation is to deliver a digital […]

  • Six Companies Collaborate on New Scour Protection Project

    31 January 2019
    Research & Development

    Great Yarmouth’s Seabed Scour Control Systems (SSCS) is leading a new £1m project to develop an innovative self-installing scour protection system that could save the average wind farm approximately £8.6m over its lifetime. The Innovate UK-backed, 20-month Self-Installing Scour Protection for Offshore Wind Farms (SISProtect) project is a collaboration between six industry partners. The design of the prototype […]

  • ABS approves design of OOS-owned new semi-submersible crane vessel

    28 May 2019

    American Bureau of Shipping (ABS) has recently granted an approval in principle to the design of OOS International’s semi-submersible crane vessel (SSCV) OOS Zeelandia.

  • Danish offshore industry hub looking to expand

    26 June 2017

    The Port of Esbjerg, the main base for all oil and gas activity in the Danish North Sea, and the main hub for the Danish offshore industry overall, is looking to expand, expecting increased activity towards 2030, both within existing and new business sectors. Within the next few years, the expectation is that the port’s […]

  • UK subsea firm broadens its horizons with acquisition of compatriot player

    30 November 2023
    Business & Finance, Business Developments & Projects

    Ashtead Technology is augmenting its global offering by acquiring the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million (almost $67.7 million) on a cash and debt free basis.

  • Swansea University trials tidal turbine at Wales’ Marine Energy Test Area

    15 March 2024
    Business Developments & Projects, Project & Tenders, Research & Development, Technology

    A tidal turbine made to operate in remote communities has been tested and utilized at Wales’ Marine Energy Test Area (META). Swansea University researchers, under the leadership of Professor Ian Masters, are developing the device. Testing is conducted at META’s Warrior Way site in Pembroke Dock. “It is a real privilege to be testing tidal […]

  • Corallian files plan for West of Shetland gas discovery

    23 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Rules & Regulation

    Corallian Energy has filed its draft Field Development Plan for the Victory gas discovery off the Shetland Islands to the UK’s authorities.

  • Norway: Sevan Marine Announces 4Q 2010 Results

    15 February 2011
    Business & Finance

      Operating revenue for the quarter amounted to USD 74.5 million (USD 73.4 million). EBITDAFX was USD 31.7 million (USD 18.5 million). Operating profit was USD 1.8 million (loss of USD 19.5 million), and net loss was USD 68.6 million (net loss of USD 66.4 million). Operating revenue was USD 1.1 million higher than the […]