Equinor has been given the green light by the Norwegian Ministry of Petroleum and Energy for the Troll Phase 3 development. According to Equinor, the capex of NOK 7.8 billion should help extend the productive life of the Troll field beyond 2050. Since it came on stream in 1995 the Troll oil & gas fi
Cabling specialist Nexans has set up a dedicated team for inspection, maintenance and repair (IMR) services. The new IMR team can support customers worldwide with emergency response, a 24/7 hotline and fast-track mobilization. “Nexans has an impressive toolbox when it comes to IMR. We can offer a fu
Orkney marine specialist Leask Marine, backed with the grant from Scottish Enterprise, has started developing submersible drilling rig suitable for highly turbulent marine conditions as it aims to grow its commercial opportunities in the offshore renewable energy market.
China Ocean Engineering Shanghai (COES), a state-owned marine and offshore engineering services group, has opened the office of its first UK subsidiary – COES Caledonia (UK) Limited, located in Dundee. The move aims to broaden the company’s international reach and support the growing offshore decomm
Neptune Energy and its licence partners have submitted the ‘Decision to Continue’ report for the Cara project to the Norwegian Ministry of Petroleum and Energy. The licence partnership will now progress its technical and economic plan before making a final investment decision early in 2019. Based on
A European Maritime and Fisheries Fund (EMFF) project has been launched to address long-term environmental concerns around the development of emerging wave energy technologies.
MHI Vestas and Moray Offshore Windfarm (East) Limited have signed a firm turbine supply order for the 950MW Moray East offshore wind farm in Scotland.
MHI Vestas and Moray Offshore Windfarm (East) Limited have signed a firm turbine supply order for the 950MW Moray East offshore wind farm in Scotland.
Royal Boskalis Westminster (Boskalis) has acquired the contract for the supply and installation of the inter-array cables for the Moray Offshore Windfarm East (MOWE). In June 2017, Boskalis signed a ‘preferred bidder agreement‘ with MOWE which has now been converted into a binding contract following
Danish company Wavepiston has over the last two weeks conducted upgrades on its wave energy prototype operating in the North Sea, and signed another project that will see its technology demonstrated in combination with desalination scheme in the Mediterranean.
The Oil and Gas Authority UK has awarded its first carbon dioxide (CO2) appraisal and storage licence as an independent regulator. The award has been made to Pale Blue Dot Energy for the Acorn Carbon Capture and Storage (CCS) Project. The project seeks to re-use existing oil and gas infrastructure f
Industry body Subsea UK and NSRI, in partnership with Scottish Enterprise, have launched the latest call for companies to drive forward R&D between Scotland and Japan. The call includes the wider underwater industries, focusing on renewables, aquaculture and carbon capture storage.
Golden Energy Offshore Services has entered into a term sheet with Golden Energy Offshore Management Holdings for the possible acquisition of Golden Energy Offshore Management. Pursuant to the term sheet, the company will, subject to a successful acquisition of the four vessels previously announced,
Norway’s Agder Dykk, is extending its scope of operations in the region with a new Saab Seaeye Falcon underwater robotic vehicle. An early task for Agder Dykk’s Falcon is a survey of Norway’s harbours to provide data for the authorities on the status of sediment built up over decades of environmenta