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WATCH: Valemon Field Opened
Equipment

WATCH: Valemon Field Opened

The following video shows petroleum and energy minister Tord Lien opening the Valemon gas and condensate field in the North Sea today. According to Statoil, expected recoverable reserves from the field are 192 million barrels of oil equivalent. “Valemon is one of several new projects on the Norwegia

about 11 years ago
Akastor’s MHWirth Cuts 750 Jobs
Equipment

Akastor’s MHWirth Cuts 750 Jobs

Oilfield services investment company, Akastor, has confirmed that its wholly owned portfolio company MHWirth will axe its global workforce due to deterioration in the rig market. Namely, in February this year, MHWirth announced it will be reducing its workforce between 500-750 people. In line with t

about 11 years ago
Toisa Orders Two ROV Support Vessels
Equipment

Toisa Orders Two ROV Support Vessels

Bermuda-based vessel owner, Toisa Limited, has inked a deal with Qingdao Wuchuan Heavy Industry (QWHI) for the construction of two DP2 Multi-Purpose Offshore Construction & ROV Support Vessels (RSV’s), to be delivered in mid-2017. According to Sealion Shipping, the vessel design is by Salt Ship Desi

about 11 years ago
GMC designs buoyant tower for Energean’s Prinos field
Equipment

GMC designs buoyant tower for Energean’s Prinos field

GMC LTD has just completed the Basic Design of a self-installing Buoyant Tower for the Prinos Field Development for Energean Oil and Gas (Athens, Greece). The design brief was twofold to find a way to extend the life and utility of the existing Prinos infrastructure, and to find a cost effective and

about 11 years ago
Survitec Group’s safety equipment for Johan Sverdrup (Norway)
Equipment

Survitec Group’s safety equipment for Johan Sverdrup (Norway)

Survitec Group Norway has won a contract with Statoil for supplying 7500 items of safety equipment to the Johan Sverdrup oil field in the North Sea. The new framework agreement of supplying the oilfield, is the largest single product sales contract ever awarded to Survitec’s Norwegian business, the

about 11 years ago

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Seatec Nets Two New Orders
Equipment

Seatec Nets Two New Orders

N-Seatec Subsea Systems B.V. (Seatec), a provider of technical solutions and services to clients in On-and Offshore Industry, has secured two orders for its systems. The first one is a repeated order for Seatec’s complete Innova Matrix MK II+ system. The Matrix MK II is a stand-alone fibre optic mul

about 11 years ago
iXBlue Marks USBL Sales Milestone
Equipment

iXBlue Marks USBL Sales Milestone

iXBlue is celebrating a sales milestone of more than 250 USBL systems since the introduction of POSIDONIA (very-long-range USBL) in 1999 and GAPS (pioneering single-enclosure USBL-INS) in 2004. Latest 4th-generation GAPS, with L/USBL and DP features, was delivered to SapuraAcergy, an engineering and

about 11 years ago
Subsea 7 Installs Nautronix NASNet on Aasta Hansteen
Equipment

Subsea 7 Installs Nautronix NASNet on Aasta Hansteen

Nautronix has reported that the NASNet array in Statoil’s Aasta Hansteen field is fully operational and awaiting first field construction. Last year Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along with a wet-stored spare station and three additional MTrx beacons to provid

about 11 years ago
EPFL: Air Bubbles to Keep Rivers Open
Equipment

EPFL: Air Bubbles to Keep Rivers Open

Researchers at Ecole Polytechnique Fédérale de Lausanne (EPFL) have shown how air bubbles could keep sediments from obstructing bends in river waterways such as the Rhine River, which has to be dredged regularly to stay open for freight ships. The Rhine River is a crucial transport artery, carrying

about 11 years ago
Corvus Supplies ESS for Edda Freya
Equipment

Corvus Supplies ESS for Edda Freya

Corvus Energy, Siemens AS and Ostensjo Rederi strengthen their partnerships with a second offshore vessel project. The new 150m MPSV to be named the Edda Freya will incorporate a 1050VDC, 546kWh Corvus ESS consisting of 84 Corvus Energy AT6500 advanced lithium polymer battery modules. This new proje

about 11 years ago

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Van Oord’s Volvox Asia Arrives in Egypt
Equipment

Van Oord’s Volvox Asia Arrives in Egypt

Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, has deployed its trailing suction hopper dredger Volvox Asia to the New Suez Canal Project. The Volvox Asia will accompany three stationary cutter suction dredgers and a large self-propelled cutter suction dredg

about 11 years ago
Fugro Secures Borssele OWF Contract
Equipment

Fugro Secures Borssele OWF Contract

Fugro has been hired by the Netherlands Enterprise Agency, part of the Ministry of Economic Affairs, to execute the geotechnical site investigation and geological modelling of sites I and II of the future Borssele wind farm park. The 1,400MW wind farm zone is located off the Zealand coast at the sou

about 11 years ago
TTS Nets New Crane Orders
Equipment

TTS Nets New Crane Orders

TTS Group ASA has, through its Business Unit Offshore, entered into three new agreements for delivery of offshore and deck cranes with a total order value of approximately 105 MNOK ($13.2 million). The main contract is with Singapore’s Triyards Marine Services for delivery of two active heavy compen

about 11 years ago
MacArtney’s Winch for RSI
Equipment

MacArtney’s Winch for RSI

Rockland Scientific Inc. (RSI), has ordered a small instrumentation winch from the MacArtney Underwater Technology Group (MacArtney) at Ocean Business 2015. The winch system is specifically designed for use with the RSI VMP-250 vertical turbulence profiler. MacArtney and RSI delivered the first VMP-

about 11 years ago