10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • WWCS , IEV Group Set to Conquer Asia Pacific Offshore Market

    18 April 2011
    Business & Finance, Equipment

    Wright’s Well Control Services (WWCS) announces the formation of a strategic alliance with IEV Group, a multi-national company headquartered in Malaysia (IEV), to introduce and promote WWCS’ plug and abandonment, decommissioning and removal, wireline and e-line, completion and recompletion, hydrate remediation, well pumping and other offshore services to the Asia Pacific market. IEV will leverage […]

  • Repsol to close down Varg field off Norway

    11 February 2016

    Spanish oil major Repsol has reportedly asked for a permission from the authorities to plug eight wells and shut down the Varg field, located in the Norwegian sector of the North Sea.  Repsol is the operator of the field with 65% interest and the partners are Petoro with 30%, and Det norske oljeselskap with 5% interest. The field is […]

  • Funding package agreed for Aberdeen, UK’s energy capital

    28 January 2016

    UK’s oil and gas capital Aberdeen is set to receive a major boost as the UK Government has confirmed a £250 million ($358M) City Deal for the Scottish city. The Deal will see UK Government, Scottish Government and local authorities work together to invest in future of North East Scotland. The financial injection includes boost for […]

  • Proserv invests in new Great Yarmouth tech center

    5 June 2017

    Energy services company Proserv is investing into a new, £7 million worth, purpose built technology center for subsea controls and communications in Great Yarmouth, England.  Proserv said on Monday that the move would see around 190 employees consolidate from two sites in the area into the new 65,000 square feet Beacon Park site in Gorleston-on-Sea. […]

  • Netherlands to increase focus on North Sea renewables

    16 June 2016

    PricewaterhouseCoopers (PwC) has produced a report focusing on the future of the North Sea oil and gas industry that is undergoing significant changes as the worldwide transition to low carbon sector gains pace. The report ‘A Sea Change – the transformation of North Sea oil & gas’ is based on interviews with 37 senior executives […]

  • USA: Battleship Iowa to Preserve Maritime History at Pacific Battleship Center

    3 May 2012

    On May 1, the Navy formally transferred ownership of the historic battleship Iowa (BB 61) to the Pacific Battleship Center following the completion of the National Environmental Policy Act and National Historic Preservation Act regulatory requirements. The ship donation contract was signed in the Capitol Hill office of Iowa Rep. Tom Latham, with Robert Kent, […]

  • WindEurope: Better Port Infrastructure Slashes Offshore Wind LCoE by 5.3%

    27 September 2018
    Human Capital, Operations & Maintenance, Ports & Logistics

    Investing EUR 500 million to EUR 1 billion in new port infrastructure in Europe could help the offshore wind sector cut costs by up to 5.3% according to figures released by the WindEurope Ports Platform at the Global Wind Summit in Hamburg.

  • Industry Unites for Local Scottish Content

    3 May 2019
    Business & Finance

    Trade unions, offshore wind developers and supply chain companies have agreed to take action to ensure more Scottish companies benefit from the awarding of contracts for offshore wind projects. At a summit held by Finance Secretary Derek Mackay and Energy Minister Paul Wheelhouse, industry representatives agreed that collective action was needed to make sure supply chain companies […]

  • DNV GL Launches Improved Service Specs for Wind Power Plants

    18 February 2016
    Business & Finance, Operations & Maintenance

    DNV GL has published a fully revised set of service specifications for project certification of wind power plants, the DNVGL-SE-0190, designed to ensure the safe and reliable operation of wind power plants, their assets and components throughout the project life cycle. DNV Gl says that this fully revised certification scheme is the most complete set […]

  • Port of Odense Kicks Off Extension at Lindø

    15 March 2016
    Business & Finance, Ports & Logistics

    Port of Odense has launched a comprehensive port extension at Lindø, which will cost around DKK 358 million (approx. EUR 48 million). LINDØ port of ODENSE – named to represent Lindø Industrial Park and its owner, the Port of Odense – will have at disposal additional 500,000 square metres of harbour area, new quays extending more than 1,000 metres, and […]

  • Lower rig utilization drives Prosafe revenues down while profit goes up

    3 November 2016
    Business & Finance, Exploration & Production

    Prosafe, an owner and operator of semi-submersible accommodation rigs also known as flotels, saw its revenues drop during the third quarter 2016 due to lower rig utilization while its profit grew over the period.  The company’s third quarter net profit increased to $201.9 million when compared to the last year’s third quarter and net profit […]

  • DNV GL to Class ALP Future Class Tugs

    6 August 2014
    Business & Finance

    DNV GL has been encharged with the classification of ALP Maritime Services’ next-generation “ALP Future Class” ocean going tugs.   The vessels, developed by Ulstein Design & Solutions in close cooperation with ALP Maritime Services (ALP), are SX157 design with a 300-ton bollard pull, capable of operating at full loads for 45 days without refuelling. […]

  • UK-made subsea battery systems hit the water offshore Canada

    13 August 2024
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Operations & Maintenance, Outlook & Strategy, Project & Tenders

    Three UK companies have deployed three subsea battery-powered control systems offshore Canada that are said to maintain the integrity of the subsea electrical infrastructure when topside electrical power is unavailable.

  • HMS Holland Named ‘Ship of the Year’ (The Netherlands)

    9 November 2012
    Business & Finance

      The prestigious prize has been awarded to the innovative ship, which was designed and mostly built in the Netherlands, during the annual Maritime Awards Gala in Rotterdam on 8 November 2012. HMS Holland was competing against ten other ships for the award, with the decision ultimately coming down to HMS Holland and two other […]

  • Southern North Sea Energy Alliance launched at Offshore Energy 2018

    23 October 2018
    Business & Finance

    Team Humber Marine Alliance, Amsterdam Ymuiden Offshore Ports, East of England Energy Group and North Sea Energy Gateway Den Helder have signed a memorandum of understanding for cooperation on October 23 at the Offshore Energy Exhibition & Conference 2018 in the Netherlands. 

  • UK engineering start-up gets financial boost for new wind propulsion system

    19 March 2024
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders

    UK-based maritime engineering start-up WingTek, in collaboration with the University of Bristol and the National Composites Centre, has won a £2.2 million ($2.7 million) innovation grant for the development of a new wind auxiliary propulsion (WAP) system.

  • Subsea Sector in UK Suffers on Major Revenue Plunge

    9 June 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    A research by industry body, Subsea UK, has found that, 90% of surveyed companies in the UK’s subsea industry have in the last 18 months seen sales drop by 30-50% or more. Of those, 28% have lost half their revenues with sales decreasing by 50% or more, while close to 6% reported no impact on sales and almost only 4% […]

  • Petrobras’ disposal of FPSO opens doors to Brazilian recycling industry

    10 July 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Petrobras has concluded the auction for the disposal of a platform in Brazil, as part of its new commitment to sustainable ship recycling. 

  • Biden budget to support BSEE with over $253 million

    31 May 2021
    Authorities & Government, Regulation & Policy

    The Biden administration has submitted to Congress the budget for the fiscal year 2022, which includes $253.4 million to support the Bureau of Safety and Environmental Enforcement (BSEE).

  • Pioneering Spirit vessel hired to remove Morecambe platforms

    7 January 2021
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders, Vessels

    Allseas’ giant heavy lift vessel, the Pioneering Spirit, will remove the DP3 and DP4 platforms from Morecambe Bay off the UK for Spirit Energy.

  • Aker Solutions Eyes More Efficient Projects and Ops with ix3

    7 May 2019
    Business & Finance, Equipment, Research & Development

    Aker Solutions has launched ix3 – a software and digital services company that enables operators to accelerate field development projects and optimize asset performance. ix3 has created a digital twin platform called Integral that brings together engineering, manufacturing and test data with live-streamed operational data. Integral monitors, assesses, maintains and optimizes energy assets from concept […]

  • AMSA: 63 shipping containers lost from YM Efficiency recovered

    8 May 2020
    Authorities & Government, Infrastructure, Operations & Maintenance, Regulation & Policy, Safety, Vessels

    AMSA completes subsea operations, successful recovering 63 shipping containers of YM Efficiency containership.

  • Shell sheds two Norwegian fields

    20 June 2018
    Business & Finance

    Shell has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjøa in Norway.

  • Oil & Gas UK Issues Guide for Management of Ageing Offshore Infrastructure

    2 May 2012
    Business & Finance

    Oil & Gas UK has underlined its commitment to tackling the health and safety issues around ageing infrastructure and life extension of assets, with the publication of a new management system guidance document. The publication has been designed to help duty holders effectively manage asset ageing and aid the decision making process around extending the […]

  • Aquatic Shares Its Know-How with Graduate Trainees

    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 […]