Business & Finance
Horns Rev 1 Offshore Wind Farm Has No Negative Impact on Fish (Denmark)
The first survey of the impact of offshore wind farms on fish life is available. It shows that wind turbines and fish live in perfect harmony. The number of some fish species has actually increased. While the last wind turbines are being put into operation in the world’s largest offshore wind farm,
Norway: Eidesvik Sells 50 pct of Newbuild Subsea Vessel
Following the declaration of an option granted to Subsea 7, Eidesvik has sold 50% of the subsea vessel that is under construction at Ulstein Verft (Hull 295). The ship is of the SX148 design from Ulstein, which can carry out highly advanced subsea work like inspection, maintenance and repair of oil
UK: Six Units for Renewable Energy Completed
Work on six new industrial units for the renewable energy sector in Orkney has been completed. Highlands and Islands Enterprise (HIE) invested £2.95m, including £1.18m from the European Regional Development Fund, to create the units on vacant industrial site next to Hatston Pier, Kirkwall. Each unit
Schlumberger to Acquire Norway-Based SPT Group
Schlumberger announced that it has entered into an agreement with Altor Fund II to acquire SPT Group—a privately owned software company specialized in dynamic modeling for the oil and gas industry. The company provides a combination of software and consulting services for multiphase flow and reservo
Norway: NPD Prepares Report on Disposal of Concrete Facilities
Some of the concrete facilities resting on the seabed on the Norwegian shelf are nearing the end of their lifetimes. In the coming years, the authorities need to address how to dispose of these. A report has been prepared on disposal of concrete facilities on initiative from the Norwegian Petroleum
Norway: Study on Disposal of Offshore Concrete Facilities
Some of the concrete facilities resting on the seabed on the Norwegian shelf are nearing the end of their lifetimes. In the coming years, the authorities need to address how to dispose of these. A report has been prepared on disposal of concrete facilities on initiative from the Norwegian Petroleum
UK: SeaHold GEOSHIPS Charters MPSV Loch Roag from Otto Marine
Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announces that it has secured a bareboat charter contract from SeaHold GEOSHIPS LIMITED (A UK based. ISO 9001 certified Mar
FSG to Open New Office Flensburg Ship Design in Hamburg, Germany
Flensburger Schiffbau-Gesellschaft (FSG) recently booked attractive new orders as part of an expansion of its product portfolio. Now the shipyard is in the press yet again – by creating 40 jobs for engineers at a new office in Hamburg. “In May we will open our new office Flensburg Ship Design in Ham
Singapore’s Otto Secures Charter for Loch Roag Vessel
MT 6009, DNV classified Multi Purpose Field Support Vessel “Loch Roag”, will be the Group’s first ever vessel to operate in the North Sea to support the Oil and Gas and Offshore Renewable markets
UK: Ashtead Technology Expands Its Product Line with Vortex International
Leading marine equipment rental company Ashtead Technology has expanded its product line with Vortex International Ltd. Ashtead Technology has been the exclusive Global Rental Representative within the Oil and Gas sector for the rental of the Vortex Dredge Unit for over a year. The Vortex product ra
Otto Marine Enters Charter Contract with UK Based SeaHold GEOSHIPS
Otto Marine Limited, an offshore marine company which specializes in building offshore support vessels, ship chartering and offers specialized offshore services, announces that it has secured a bareboat charter contract from SeaHold GEOSHIPS LIMITED for an initial value of US$ 36.5 million over 5 ye
Norway: FMC Technologies’ Equipment for Fram H-Nord Field
FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Fram H-Nord development. The contract has a value of approximately $70 million in revenue to FMC. FMC’s scope of supply includes one subsea produ
FMC Technologies to Supply Subsea Systems for Statoil’s Fram (Norway)
FMC Technologies, Inc. has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Fram H-Nord development. The contract has a value of approximately $70 million in revenue to FMC. FMC’s scope of supply includes one subsea production tree, one ma
UK: Expro Wins Offshore Achievement Innovator Award
International oilfield services company Expro has won the Offshore Achievement Innovator Award in recognition of its ground breaking AX-S subsea well intervention technology. The Innovator Award, which was presented at a ceremony in Aberdeen on Thursday (15 March), recognises excellence in innovativ