Search results for: cygnus alpha topsides

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  • 23 October 2013
    Business & Finance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2013. Results · Record revenue, EBITDA, profit before tax and profit after tax · 29.7% increase in revenue to £25.57m (2012: £19.71m) · […]

  • 21 October 2015

    During the Offshore Energy Exhibition and Conference 2015, Offshore WIND met with Yarco Hoddenbach, Business Analyst at Seaway Heavy Lifting. As the offshore wind market is maturing in Europe, we looked into how government is supporting the further expansion of the industry. Also, we bring you a glimpse of other regions with aspiration towards developing offshore wind. […]

  • 29 October 2017

    Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long aging assets can operate viably beyond their design lives. The UK Continental Shelf (UKCS) is set for a wave of large, expensive projects in deeper offshore locations including Shell’s […]

  • 2 January 2019

    Subsea World News has singled out the most interesting article from each month of 2018 that highlighted the subsea industry. In the Q1 2018, we saw Kreuz Subsea securing its largest deal in the company’s history. Subsea vessels were kept busy with DOF securing work for its vessels, and Saipem acquisition of Lewek Constellation vessel. […]

  • 13 May 2013
    Business & Finance

    Ithaca Energy Inc. announces its quarterly results for the three months ended March 31, 2013. In light of the Valiant transaction closing on April 19, 2013, also included is the unaudited financial highlights for the same period, showing the contribution from Valiant Petroleum plc (“Valiant”) for the period, together with an update on integration activities. […]

  • 15 October 2013

    With four decades of experience, and providing a wide portfolio of Operations & Maintenance services in the oil & gas industry, Fabricom Offshore Services B.V. is still a relative newcomer to offshore wind. But it has been taken by hand by sister company Cofely Fabricom – which pioneered the Offshore High Voltage Substation (OHVS) – and has adapted very quickly. The company, which is part of the Benelux Division […]

  • 8 October 2010
    Business & Finance

    Keppel Offshore & Marine Ltd (Keppel O&M) has delivered the P-57 Floating Production Storage and Offloading (FPSO) vessel to SBM Offshore N.V. (SBM) early, within budget and safely. Spanning 311 metres long by 56 metres wide, or almost three football fields, P-57 is one of the largest Brazilian FPSOs to be converted, under a turnkey […]

  • 24 June 2015
    Business & Finance, Equipment, Operations & Maintenance

    Forsys Subsea, a 50/50 joint venture between FMC Technologies and Technip, was officially launched earlier this month. Forsys Subsea was announced in March this year as a joint venture that will unite the skills and capabilities of two subsea giants. We were interested to learn more about one of the biggest alliances in the subsea […]

  • 11 September 2017

      By DNV GL Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives. Large-scale decommissioning has so far featured in the Gulf of Mexico, for which the eventual bill […]

  • 1 October 2013

    Although the offshore wind industry has not necessarily grown as fast as Belgium’s DEME Group originally expected, the sector is now responsible for 10% of its business. The company is continuing to eye targets for possible acquisitions and weighing up fleet expansion possibilities in the offshore wind sector. Alongside this, DEME is striving to seek further cuts in Capital Expenditure (CAPEX) in order to ensure that […]

  • 1 October 2013

    Although the offshore wind industry has not necessarily grown as fast as Belgium’s DEME Group originally expected, the sector is now responsible for 10% of its business. The company is continuing to eye targets for possible acquisitions and weighing up fleet expansion possibilities in the offshore wind sector. Alongside this, DEME is striving to seek further cuts in Capital Expenditure (CAPEX) in order to ensure that […]

  • 8 July 2013

    Mikael Hansen truly is a world citizen. Born in Denmark, he moved to India when he was just seven days old and grew up in Japan and the United States of America. During his career, he lived in the United States of America, Singapore, Saudi Arabia, Egypt and Belgium before settling in Rotterdam, the Netherlands. […]

  • 8 January 2014
    Business & Finance, Operations & Maintenance

    Ithaca Energy Inc. (“Ithaca” or the “Company”) announces completion of flow test operations on the second development well on the Stella field and provides an update on Greater Stella Area (“GSA”) development activities. Highlights – The second Stella field development well, “A2”, flowed at a maximum rate of 10,442 barrels of oil equivalent per day […]

  • 18 September 2013

    When in former times the fishermen in the Bristol Channel, in South Wales, were employed as pilots for larger ships, they figured they could generate more income with a purpose-built faster sailing boat than with their relatively heavy fishing vessels. In the late 19th century, this resulted in the design of the pilot cutter, considered […]

  • 6 October 2015

    The offshore wind industry is not really doing anything exceptional when it comes down to the basics. Wind turbine generators, WTGs, have been around onshore since one of the first electricity-generating wind turbines was built to power a holiday home in 1887 in Marykirk, Scotland. Offshore platforms were built in the early 20th century for […]

  • 8 January 2014
    Business & Finance

     Lundin Petroleum AB (Lundin Petroleum) announces its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which represents a 25 percent increase on forecast 2013 development expenditure. The 2014 budgeted expenditure on exploration activity is USD 380 million which is approximately […]

  • 13 September 2016
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    Richard Parkinson, Operations Director of James Fisher Marine Services, has shared his experiences in tidal energy industry, as well as his views on the future development of the sector.

  • 28 July 2020
    Market outlooks, Outlook & strategy, Vision

    Global oil and gas project sanctioning in 2020 has made a colossal drop in comparison to 2019 levels with Norway, and somewhat Russia, attempting to increase the total sanctioning value.

  • 13 April 2018

    With projects like Johan Castberg, Polarled, Aasta Hansteen, Snefrid Nord, Askeladd and the offshore exploration campaign in the Barents Sea, multi-billion investments are lined up for Northern Norway. 

  • 10 July 2014
    Business & Finance, Operations & Maintenance

    Premier has provided an Operations Update summarising key activities since the Interim Management Statement on 14 May 2014 and a Trading Statement in respect of its half year financials to 30 June 2014. This is in advance of the Group’s 2014 Interim Results which will be published on Thursday 21 August 2014. Tony Durrant, Chief Executive, […]

  • 29 March 2018
    Equipment

    Offshore Energy Today had a chat with ABB’s Per Erik Holsten, Managing Director, Oil, Gas and Chemicals IA Division, about the new ABB Ability Collaborative Operations Center in Oslo as well as ABB’s collaboration with Arundo Analytics, and ABB’s efforts to enable subsea factories of the future.

  • 13 August 2017

    Only ten years ago, the motto of Dutch-built cargo ships was multi-purpose. A ship had to be versatile to adapt to the market and be suitable for bulk goods, tramp cargo, containers and project cargo. This way, the vessel could always be employed in the most profitable trade. Things have changed quite a lot since […]