Equipment
EMGS in Barents Sea Data Sale
Norwegian geophysical services company, EMGS, has entered into agreements involving data licensing (prefunding and late sales) related to 3D EM data in the Barents Sea, Norway. The agreements represent revenues of approximately USD 3.7 million, the company said in Oslo Exchange filing on Friday. “Th
New Jobs at Osbit Due to £7.5M Contract Wins
Osbit Limited, the Northumberland-based offshore engineering and technology company, has embarked on a recruitment drive after securing £7.5m worth of new contracts in the past three months. The additional work, which includes projects for the oil & gas, subsea and offshore wind sectors, is enabling
Saipem and Siemens Ink Subsea Technology Pact
Saipem and Siemens have signed a joint development agreement aimed at qualifying and promoting an open standard subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid. Siemens will through its Subsea entity support Saipem in realizing the Saipem Subsea Bus archi
Damen to Build German Fisheries Research Vessel
The German Federal Office for Agriculture and Food has signed a contract with Damen Shipyards Group for the construction of a Fisheries Research Vessel. With the vessel, to be called the Walther Herwig, the German Federal Ministry for Food and Agriculture (BMEL) will support Germany’s fisheries and
ITF: New £1M Funding for O&G Industry Innovations
The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance. OGIC has made £1 million available to su
Saipem and Siemens form subsea technology pact
Italian oil and gas contractor Saipem and Germany’s Siemens have signed a joint development agreement for qualifying and promoting subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid. Siemens will, through its subsea entity, support the company in realizing t
4Subsea Bags Statoil Master Service Agreement
4Subsea has secured a contract with Statoil to deliver services and research projects related to structural integrity of fixed and floating offshore installations. The contract covers the entire range of 4Subsea’s services – from oil and gas to renewable energy projects, from operational services to
Green Light for Dvalin Development
The plan for development and operation (PDO) for the DEA-operated Dvalin development has been approved by the Norwegian Ministry of Petroleum and Energy. With development costs of estimated 1.1 billion Euros (10 billion Norwegian Kroner), the Dvalin development in the Norwegian Sea was the largest P
Norway approves DEA’s Dvalin development plan
DEA Norge’s plan for Development and Operation (PDO) of the Dvalin development has been approved by the Norwegian Ministry of Petroleum and Energy. With development costs of estimated 1.1 billion Euros (10 billion Norwegian Kroner), the Dvalin development in the Norwegian Sea was the largest PDO han
Next Generation of Small Field Buoy from OSIL
Ocean Scientific International Ltd. (OSIL) will introduce the next generation of their Small Field Buoy at the Ocean Business show in Southampton, UK, taking place from 4-6 April, 2017. The platform, which is now a more manoeuvrable 55cm in diameter, also offers an improvement to the high visibility
Nokia and Facebook Boost Subsea Fiber Capacity
Nokia and Facebook have collaborated on field trials of new optical digital signal processing technologies over a 5,500 kilometer transatlantic subsea link. To increase the capacity capabilities of subsea fiber, Nokia and Facebook tested Nokia Bell Labs’ new probabilistic constellation shaping (PCS)
Energinet.dk Pens Subsea Cables Repair Deal with JD-Contractor
Energinet.dk has awarded a framework agreement to JD-Contractor for the contingency repair of its subsea cables. The agreement covers all Energinet.dk subsea asserts in Denmark, among others the transmission systems and the export cables for all Danish offshore wind farms. The contract started in Se
Magseis Set to Expand Fleet
Norwegian seabed seismic services player Magseis said it has entered into an LOI with an undisclosed provider of offshore vessels regarding a potential charter of one of their vessels. In addition, the agreement includes an option for the lease of certain seismic equipment. The company said it expec
Kvaerner in Jacket FEED on Johan Sverdrup Phase 2
Kvaerner has signed a contract with Statoil for delivery of a FEED study on Johan Sverdrup Phase 2 for P2 Jacket. The work will be performed by Kvaerner’s specialised design engineering group for steel substructures. The contract is a call-off from the framework agreement that was entered into by St