Ecosse Subsea Systems (ESS) has completed a £4.7 million boulder clearing and pre-lay trenching project which it claims has been one of the most successful ever conducted for the wind energy sector. As subcontractor to Siem Offshore Contractors (SOC), the Banchory-based subsea specialist completed 8
Huisman, the worldwide specialist in lifting, drilling and subsea solutions, has received a first order for their new production facility in Brazil. The new order includes three sets of five cranes, which will be manufactured as soon as construction of the Brazilian production facility is completed
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth approximately € 70 million, for the connection of the island of Capri and Torre Annunziata (Naples), by Terna Rete Italia S.p.A., a company fully owned by Terna S.p.A., the Italian Tr
The Asia-Pacific market for electrical equipment for marine and offshore solutions has been concentrated in South Korea, Japan and Singapore. While South Korea and Singapore have been the hubs of the offshore structure building industry, Japan and South Korea are leaders in marine vessel manufacturi
Chevron Technology Ventures LLC (CTV) has announced it has launched CTV Fund V, a $90 million venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. Investments from CTV Fund V will focus on companies developing emerging technologies that have the potential
Inocean has been awarded the contract for the concept and option for FEED for the Statoil CAT I Drillship. “The most important contract for Inocean ever,” says Jon Erik Borgen, CEO of Inocean. “Being developed for arctic operations, we are probably speaking of the most advanced and sophisticated uni
An offshore cable protection company, Tekmar Energy, has bolstered its senior management team with the appointment of a new chairman. High profile industry figure Ally MacDonald takes up the post. With 25 years’ experience in the oil and gas industry and a background in engineering, MacDonald brings
Rotork flow control products have been selected for applications throughout the giant Queensland CSG-to-LNG projects in Australia. To date, Rotork’s international sales network has received orders for more than 5000 valve actuators, embracing electric, electro-hydraulic, pneumatic and gas-over-oil t
Drydocks World, a UAE-based maritime service provider today announced that His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of Emirates Group attended the ‘sail away’ ceremony to mark the start of delivery of the pioneering Prelude FLNG Turret Modules to
CGG announced that Jason, a CGG company specializing in seismic reservoir characterization software and services, has launched version 8.4 of its reservoir characterization software suite. The powerful new release optimizes field development, reservoir management and well planning by providing a str
Centrica plc has taken the decision not to proceed with its new-build gas storage project at Baird in the UK Southern North Sea and to put its project at Caythorpe in East Yorkshire on hold indefinitely. This decision was taken in light of weak economics for storage projects and the announcement by
Expert marine data acquisition and consultancy company Partrac Ltd, is celebrating its 10th anniversary. The three founding directors Kevin Black, Peter Wilson and Sam Athey, started the business in 2003 sitting around a table with just a pen, a notebook and a telephone. Partrac now has a solid repu
Vallourec announces the launch of a new offer for the offshore oil & gas market: the production of welded stainless steel tubes to be fitted into umbilicals. Although they do not transport any produced oil or gas, umbilicals are a key component in a subsea installation. They are used to connect the
Repsol Sinopec has adopted Paradigm software solutions and services for its major exploration projects in the Campos Basin offshore Brazil. The agreement provides licenses for the Paradigm interpretation software suite SeisEarth®, which includes such industry-leading applications as VoxelGeo® and St
