Equipment
Subsea 7 Makes $137 Mln in First Quarter 2014
Subsea 7 S.A. announced results for the first quarter which ended on March 31, 2014. Net income for this quarter was $137 million, compared to $132 million year-over-year. Revenue for the quarter was $1.7 billion, an increase of $201 million compared with Q1 2013. The increase primarily reflected hi
Allseas to lay second line of South Stream Offshore Pipeline
South Stream Transport has signed a contract with the Allseas Group to lay the second line of the South Stream Offshore Pipeline. In addition, the Company has signed a contract with Saipem for the provision of complementary works for Line 2. The South Stream Offshore Pipeline will consist of four pa
Denmark: Strong Interest for Fehmarnbelt Project
Interest in tendering for the many projects that comprise the new fixed link across the Fehmarnbelt is significant. On Monday, Femern A/S, the client on the tunnel project, received seven applications for prequalification for the establishment of a new substation. This is a highly positive sign, sai
Deltares Presents Its Annual Report for 2013
The Deltares Annual Report for 2013 has been made public. It consists of three parts. The first part includes an overview of the main Deltares projects in 2013. It describes the Deltares’ knowledge development in the five social themes targeted by Deltares. The second part shows how Deltares shares
Deeptech to Expand ROV Fleet with SMD’s Quasar MkII
Rapidly growing Egypt based company Deeptech Oil Services have confirmed an order with SMD for a Quasar MkII 150hp 3000m rated work class remotely operated vehicle (ROV). The high specification system includes Tophat tether management system, A-Frame, umbilical winch and fully integrated control cab
TGS to start Barents Sea seismic reprocessing project
TGS announces a 2D seismic reprocessing project in the Barents Sea Southeast in preparation for the Norwegian 23rd licensing round. The underlying data, acquired in 2011 and 2012, is owned by the Norwegian Petroleum Directorate (NPD) and covers an area of more than 18,000 km. TGS has been applying t
TGS Starts Clari-Fi Reprocessing Project in Barents Sea
TGS announced a 2D seismic reprocessing project in the Barents Sea Southeast in preparation for the Norwegian 23rd licensing round. The underlying data, acquired in 2011 and 2012, is owned by the Norwegian Petroleum Directorate (NPD) and covers an area of more than 18,000 km. TGS has been applying t
Wide Range of Dutch Water Technology at IFAT 2014 (Germany)
On Monday, 5 May, the world’s biggest trade show for environmental technology IFAT 2014 will open its gates to showcase the latest water technology from around the world. Around 3,000 exhibitors from 50 different countries will present their products and services. About 125,000 visitors are expected
HR Wallingford Enables Rapid Response to Flood Defence Breach (UK)
Storms around the UK in December 2013 caused significant damage to a number of coastal structures. Among these were flood defence embankments in Teesside and Lincolnshire. ARC-Boats, innovative remote control survey boats produced by HR Wallingford in partnership with the Environment Agency, were de
GDF Suez: First major piece of infrastructure sails out to Cygnus
GDF Suez E&P UK has reported that the latest milestone in the Cygnus gas field project took place as the first piece of major infrastructure sailed out from Isleburn’s facilities at Nigg Energy Park. The beginning of the subsea isolation valve and WYE structures’ journey to the Cygnus site in the So
Saipem to assist in South Stream pipeline construction
Saipem has been contracted by South Stream Transport B.V. to provide supporting works relating to the construction of the second line of the South Stream Offshore Pipeline for a total value of approximately €400 million ($552 Mln). The entire offshore South Stream project consists of four parallel g
MARINET Enters Final Stage of Round Robin Testing
MARINET, a network of research centres and organisations funded by the European Comission, has entered the last stages of testing its Round Robin device. MARINET, a network of research centres and organisations co-funded by the European Commission, has entered the last stages of Round Robin testing
Statoil to use new production equipment at Kristin platform
Statoil Petroleum AS has received consent to use a new compressor and other modified production equipment at Kristin. Statoil is the operator on the Kristin field which is located at Haltenbanken in the Norwegian Sea. Gas from the field is piped to Åsgard Transport and then onwards to Kårstø in Roga
Siemens Wraps Up Installation of BorWin2
Siemens has installed the BorWin2 offshore platform in the North Sea northwest of the island of Borkum. This marks Siemens’ achievement of the second crucial milestone in the German grid connection projects under contract with the German-Dutch network operator TenneT. Siemens had already erected its