Aker Solutions today agreed to sell its mooring and loading systems business to Cargotec for an enterprise value of NOK 1.4 billion, or about EUR 180 million. The unit, known for the Pusnes brand name, provides mooring equipment, loading and offloading systems, as well as deck machinery for the glob
Schlumberger announced today the release of the SonicScope* multipole sonic-while-drilling service for wells with large boreholes. The SonicScope service provides high fidelity measurements to determine formation pore pressure and breakout limits to improve drilling risk management. “When drilling i
Schlumberger announced today the release of the SonicScope* multipole sonic-while-drilling service for wells with large boreholes. The SonicScope service provides high fidelity measurements to determine formation pore pressure and breakout limits to improve drilling risk management. “When drilling i
Westport Innovations announced that Universal LNG Solutions (ULNG) has placed a blanket purchase order for 900 Westport iCE PACK™ LNG Tank Systems to be delivered over the next two years. “This investment by ULNG confirms the industry’s interest in the Westport iCE PACK and the demand for cold lique
Businesses developing innovative solutions for wave, tidal and offshore wind technologies are to get extra help from the UK’s innovation agency. Speaking at the European Ocean Energy Conference in Edinburgh, Energy and Climate Change Minister Greg Barker revealed that up to £7m of support will be av
Renewable energy developer Current2Current Ltd are delighted to confirm their prototype has recently been producing electricity in the North Sea enabling the company to move ever closer to securing its future as a renewable energy production company. Generating electricity from ocean currents and ti
A framework agreement to supply Drilling, Wells and Petroleum Technology resources has been awarded to OPC by Statoil ASA. Starting in January 2014, the 5 year contract runs until 2018 and has options to extend until 2023. The agreement covers the provision of consultants for the specialist discipli
TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS, signed two new contracts for subsea and specialized cranes with a total value of approximately MNOK 60. The largest contract is with IHC Offshore & Marine B.V. in The Netherlands. It concerns delivery of three 30T subsea c
TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS, signed two new contracts for subsea and specialized cranes with a total value of approximately MNOK 60 (USD 10.2 Mln). The largest contract is with IHC Offshore & Marine B.V. in The Netherlands. It concerns delivery of thr
Subsea 7 S.A. announced the award of a contract to its i-Tech division valued at approximately US$60 million by Petrobras. The contract scope is for the provision of ROV’s and underwater positioning services on board the platform supply vessel (PSV) Far Saga operating offshore Brazil for an initial
Periplus Consultancy BV, an Amsterdam based company, has announced the signing of the ‘Framework Agreement Hydrography 2013’ with Rijkswaterstaat. On behalf of the company the contract was signed by the Managing Director, Mr. Bart van Mierlo. The framework agreement covers the collection, validation
Bluestream has taken delivery of the third of four ROVs ordered from Saab Seaeye in the last twelve months. Their new 2000 metre-rated Cougar XT is the second of this model to be added to the 11 strong ROV fleet operated by the Netherlands-based Offshore services company. Managing director, Rolf de
Bluestream has taken delivery of the third of four ROVs ordered from Saab Seaeye in the last twelve months. Their new 2000 metre-rated Cougar XT is the second of this model to be added to the 11 strong ROV fleet operated by the Netherlands-based Offshore services company. Managing director, Rolf de
An ocean buoy developed by the National Oceanography Centre is currently measuring the characteristics of waves breaking in the open ocean off the coast of Newfoundland. The findings will feed into assessments of how gas and aerosol exchange at the surface of the ocean impacts climate change. The ‘S
