Tetraspar Demonstrator Project has signed a supply contract with UNITECH Offshore for a dynamic power cable and grid connection for the full-scale floating wind turbine demo outside Karmøy 2020. Tetraspar Demonstrator Project is a joint project for the demonstration of the TetraSpar floating wind tu
Innovo and Sparrows have completed a flexible lay spread contract for a major oil and gas, tier 1 contractor in Angola. The contract has been executed with Innovo’s Innodrive 700T electrical Reel Drive System (RDS) and a Sparrows tensioner integrated with under-deck carousel. The Innodrive RDS, desi
Aberdeen-based well technology company, Deep Casing Tools (DCT), has bolstered its capability in the plug and abandonment (P&A) sector with the appointment of Alan Glen as product line manager for Casing Recovery Systems. This new position has been created to focus on bringing DCT’s highly anticipat
Engineering and construction specialist Subsea 7 has seen its profit slip in the quarter ended September 30, 2019 as activity drop continues in renewables and heavy lift business units. The Oslo-listed firm posted quarterly profit of $42 million, or $15 cents per diluted share, on revenue of $951 mi
Shearwater GeoServices has secured a new 3D seismic survey in the Eastern Mediterranean. The one-month survey will be executed in Q4 2019, the company informed. “Shearwater has a long track record in the region, and we are pleased to return for this survey”, said Irene Waage Basili, the CEO of Shear
MacArtney has recently supplied the latest NEXUS MK C multiplexer to Swedish marine survey specialist MMT. The NEXUS MK C is the latest delivery in a series of seven multiplexers provided to MMT since 2018. Working in close collaboration with Reach Subsea, MMT ordered the customised NEXUS MK C conne
UK oil and gas authorities have approved Chrysaor’s MacCulloch subsea installations decommissioning programme in the North Sea. The selected option for the facilities is to remove, dismantle and dispose of them, ensuring a high level of material recycling. The MacCulloch field, located in UK Central
MDL Marine Services has completed transpooling of a flexible product for Spirit Energy. The project was managed by MDL project engineering team and entailed relocating the client’s product stored on a third-party storage reel from Denmark to MDL base in Peterhead, using MDL’s reel drive system, and
Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, near the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic meters of oil equivalent, corresponding to 38-100 million barrels of
Dutch-based O&G floating production specialist SBM Offshore has taken the next step in its wave energy converter project, as it plans to carry out sea trials offshore Monaco from 2021. SBM Offshore has been developing this new generation of breakthrough wave energy converter (WEC S3) since 2009. The
Sentinel Subsea has completed its first offshore field trial, run in conjunction with independent operator Spirit Energy and the Oil & Gas Technology Centre (OGTC). Recognizing the need to monitor suspended wells both efficiently and cost-effectively, Sentinel Subsea’s passive monitoring system is s
Atlantis has completed the acquisition of the Green Highland Renewables project development, asset management, operation and maintenance business (GHR) from SIMEC Energy. GHR is headquartered in Perth, Scotland and has an operations base in Dingwall, Scotland with 23 members of staff. GHR has consen
Seismic player Polarcus has bounced back in black when compared to third-quarter 2018 as revenues increased some 19 percent. The Oslo-listed company reported profit for the quarter ended September 30, 2019 of $13.7 million, versus loss of $8.4 million in Q3 2018. For the nine months in 2019, Polarcu
Prysmian Group has completed the HVDC test on the submarine interconnector COBRAcable that links The Netherlands and Denmark. The announcement took place during the COBRAcable link’s official inauguration event, simultaneously held in Eemshaven (NL) and Endrup (DK). Prysmian had secured this project
