Equipment
Apache Keeps Wood Group for North Sea Services
Wood Group has been awarded an extension to its master service agreement contract with Apache in the North Sea. Wood Group will continue to deliver subsea engineering and consultancy services, in support of Apache’s routine operation and maintenance works, as well as detailed engineering for future
Aker Solutions Books Lower Profit
Aker Solutions has reported net income of NOK 131 million or NOK 0.37 per share in the second quarter 2016 versus net income of NOK 209 million or NOK 0.73 a year earlier. In addition, first-half 2016 net income fell to NOK 300 million from NOK 428 in 1H 2016, while EPS was NOK 0.90 […]
Aker Solutions: Major developments could be sanctioned within 12-18 months
Norwegian oilfield services company Aker Solutions has provided a somewhat positive outlook for the next year and a half. Presenting its second quarter results, Aker Solutions said that the markets are challenging and projects are being postponed across the industry. However, with cost cuts driving
Ageotec Delivers Another ROV to QSTAR
Ageotec has delivered a new remotely operated vehicle (ROV) Perseo GTV to QSTAR, the ROV pilot training centre based in the Canary Islands and Barcelona. QSTAR already owns the Ageotec Sirio and Ageotec Perseo ROVs. The ROV Perseo GTV is equipped with a black & white HD camera, a full color camera w
StormGeo to Support Cable-Laying Ops
StormGeo, a provider of decision support for weather sensitive operations, has launched ‘Cable Lay Service’, the newest addition to its suite of weather forecasting services. According to the company, its Cable Lay Service provides a Common Operating Picture (COP) to enable operators, owners and sup
Wasco Coatings chosen for Nord Stream 2 pipeline job
Nord Stream 2, a consortium set to build the second Nord Stream pipeline in the Baltic between Russia and the EU, completed its international tender process for the concrete weight coating and storing of pipes for the construction of the Nord Stream 2 pipeline. According to a statement issued on Fri
Wasco Wins Nord Stream 2 Pipe Coating and Storing Tender
Nord Stream 2 AG has awarded a tender for the provision of concrete weight coating and storing of more than 200,000 pipes for Nord Stream 2 project to Wasco Coatings Europe. The contract for this award is subject to final negotiations and will be signed in the coming weeks. WSC will announce the pro
Costain to build HCL dosing plant for Total at Shetland
Costain, UK’s engineering solutions provider, has been awarded a contract by Total E&P UK for the construction of a hydrochloric acid dosing plant at the Shetland Gas Plant (SGP). Costain said on Monday that the deal entails installation, tie-in, pre-commissioning and commissioning support. The comp
NOIA boss: New Arctic drilling rule could thwart innovation
Following the U.S. Interior Department’s launch of the final rule on the oil and gas drilling in the U.S. Arctic, the National Ocean Industries Association (NOIA), a U.S. body representing offshore energy industry, has issued a response, saying that the rule, as is, might be counterproductive. DOI’s
MeyGen to Combine Wind and Tidal Power Output
Atlantis has reached an agreement between its majority owned MeyGen project and a nearby wind farm development to facilitate access to the distribution grid for other renewable energy projects. The first phase of the MeyGen project was recently connected to the 33kV Ness of Quoys distribution networ
Saab Seaeye Gets New Orders for Falcon ROV
Saab Seaeye has secured seven orders in seven weeks for its Falcon remotely operated vehicle (ROV) in several sectors including oil & gas, renewables, scientific, security, hydro and aquaculture. Its success comes from a design measuring 1 x 0.5 x 0.6 meters that has the power to undertake many task
EIB Supports AW-Energy’s WaveRoller Commercialization
European Investment Bank (EIB) announced investment up to EUR 10 million in AW-Energy, a start-up company from Finland which developed WaveRoller wave energy technology. This is the first project to be supported by the InnovFin Energy Demonstration Project (EDP) programme. EU commissioner for resear
Barge Master boasts first gangway with DNV GL certification
Barge Master, a Dutch motion compensation systems developer, said on Thursday that it is the first company to receive approval from DNV GL for a gangway system. Under DNV GL’s Standard for Certification, the system is also approved as a lifting appliance. Rob Das, Service Responsible at DNV GL – Mar
Rotech Subsea in Management Buyout
Rotech Subsea has completed a management buyout (MBO) in a move that should see the company strengthen its position in subsea mass flow excavation. Following the MBO, the group’s three operating companies, Rotech Subsea, Rotech Engineering and Rotech Fabrication, will be headed up by continuing dire