Equipment
Maersk Oil spuds first production well at Culzean field (UK)
Maersk Oil, a Danish oil company, has started drilling of the first production well on its Culzean field in the UK North Sea. The well, spudded at 18:00 on September 28, is the first of six production wells to be drilled on the high pressure/high temperature (HPHT) field, with continuous drilling ac
MacGregor buys majority stake in Flintstone Technology
MacGregor, part of Finland’s Cargotec, has acquired 51% of the shares of the privately owned company Flintstone Technology Ltd, a company specializing in technology and products primarily within the mooring and fluid handling business. “Offshore operators and field owners are looking for cost and we
Siem Offshore Contractors Picks Tekmar for Beatrice Cable Protection
Tekmar Energy has been selected to supply the cable protection systems for the inner array grid cable system for the 588 MW Beatrice offshore wind farm, Siem Offshore Contractors (SOC) informed on Wednesday. In June 2016, SOC was awarded the contract for the turnkey supply and installation package o
ACE Winches Completes Equipment Package for Quad204 Project
ACE Winches has completed a scope of work for Technip as part of a subsea infrastructure project in the Loyal field, west of the Shetland Islands. Quad204 is the redevelopment of the Schiehallion and Loyal fields, located 175 km west of Shetland and 15 km north of the Foinaven field. The complete pr
MDL Launches New Tensioner
Maritime Developments (MDL) has introduced a new tensioner at its testing facility in Peterhead, UK. The 110-tonne 4-track pipelay tensioner, the TTS-4/310, features failsafe grip system, self-centring track system and a modular, road-transportable design, the company explained. “Ever since we annou
Statoil celebrates first anniversary of Asgard subsea gas compression system
Norwegian oil company Statoil informed on Tuesday that, what the company claims to be, the world’s first subsea gas compression system has now been in operation for one year on the Åsgard field in the Norwegian Sea. Statoil reported that the system has been running with practically no stops or inter
Statoil Celebrates 1 Year of Successful Åsgard Subsea Gas Compression
The world’s first subsea gas compression system has now been in operation for one year on the Åsgard field in the Norwegian Sea The system has been running like a Swiss clock with practically no stops or interruptions, the Norwegian oil & gas major said on Tuesday. “Quality in all sections of the pr
Aker Solutions to Launch Another ESPP
Aker Solutions said it will offer employees in selected jurisdictions the opportunity to buy shares of the company. According to the company, the 2016 employee share purchase program should allow participants to acquire shares for between NOK 10,000 and NOK 60,000. Participants are offered a general
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (September 19-25, 2016). DEME’s Multi Purpose Vessel ‘Living Stone’ Hits the Water DEME Group has celebrated the launch of their new multi purpose vessel ‘Living Stone’, the most advanced vessel in its class. Bo
Norwegian Subsea Company Goes Under
Norwegian provider of subsea equipment to the industry, NLI Subsea, has been declared bankrupt. NLI Subsea, comprising NLI Asker Subsea, NLI Odda and NLI Subsea Service, was spun out of NLI as a separate priority area in 2013. Reports indicate that NLI Subsea was declared bankrupt last week, Septemb
Polarcus Bags Another Deal
Following the awards in Australasia, seismic contractor Polarcus has received a letter of intent for another 3D marine seismic acquisition, this one to be carried out in Europe. According to the Oslo-listed company, the survey will be conducted by utilizing its XArray acquisition technique, and will
Teledyne RESON Launches New Versions of SeaBat T-Series
Teledyne RESON has introduced four new multibeam sonar systems built on the SeaBat T-series platform. The new sonars are the Integrated Dual Head SeaBat T20-R & T50-R and the modular SeaBat T20-R & T50-R Multibeam Sonars, delivered with a selection of sonar processors including the new Rack Mount pr
Sif Ships First Monopiles Batch for Galloper OWF
Sif plant at Maasvlakte 2 has completed its first shipment of monopiles for Galloper offshore wind farm, located offshore UK. The piles, each with a length of over 80 metres, will be transported to the wind farm this December, Port of Rotterdam informed. Sif will be supplying a total of 54 monopiles
EBRD Boosts Turkey’s Subsea Cable Project
The European Bank for Reconstruction and Development (EBRD) is funding Turkey’s investment in a new fibre-optic submarine communications cable system that will carry data between 17 countries, from Singapore to France and Italy. The Bank is providing a US$ 50 million loan to Türk Telekom Group which