AGR has appointed André Sæthern as new head of Reservoir Management in Norway Sæthern joins AGR from VNG, where he led non-operated producing assets team in addition to overseeing the operator’s Danish development assets. He was a member of the board of directors at German oil and gas utility VNG No
Swedish company Ocean Harvesting Technologies, together with Finnish kinetic energy storage company Teraloop, has completed the design for the ‘smart’ InfinityWEC wave energy device.
The fourth quarter of 2018, is, atypically, seeing surging demand for offshore wind crew transfer, according to offshore energy support vessel (OESV) operator, Seacat Services, as it reports its latest operational figures.
Certification body DNV GL has issued a statement of feasibility for technology qualification for ORPC’s second-generation TidGen power system.
Claxton has been contracted to support MOL Norge on its first well programme on the Norwegian Continental Shelf. The award is through Ross Offshore Well Management, which Claxton will support with equipment delivery. The exploration programme consists of two fixed and two optional wells to be drille
Equinor and partners Eni and Petoro have completed the Skruis exploration well in the Johan Castberg licence, and confirmed a volume of 12-25 million recoverable barrels of oil in the well. “This is an important discovery. It helps to determine the size of the Johan Castberg resource base which is c
The PEACE Cable project has entered into the cable and material manufacturing stage. The PEACE Cable system spanning 12,000 km will connect Asia, Africa and Europe and is targeted to be ready for service in the first quarter of 2020. Once complete, the high-speed, 200G, 16Tbps per fiber pair PEACE C
Ithaca Energy has secured an approval from the UK authorities for Jacky field decommissioning program in the North Sea. The approved two decommissioning programs consist of Jacky field installations and Jacky field pipelines. According to the decommissioning plan the wellhead platform and midline te
Oceaneering has completed scale squeeze operation on behalf of Anasuria Operating Company (AOC) in the UK. Oceaneering UK was contracted by AOC as the lead contractor to deliver the Anasuria 2018 Teal P2 scale squeeze project, located approximately 190 km east of Aberdeen. The Anasuria Cluster consi
Norwegian Minister of Petroleum and Energy Kjell-Børge Freiberg and Russian Minister of Natural Resources and Environment Dmitry Kobylkin signed an agreement on mutual rights to seismic acquisition in the Barents Sea. “The agreement is a natural follow-up of the signing of the Delimitation Agreement
Ørsted has added Bladt Industries, Nexans and Cordeel to the list of suppliers and contractors for the 752MW Borssele 1 and 2 wind farm in the Dutch North Sea, according to Henrik Egholm, EPC director Borssele 1 and 2.
Offshore services player Helix Energy Solutions has seen profit increase in the third quarter of 2018, compared to the same period in 2017. Helix reported net income of $27.1 million, or $0.18 per diluted share, for the third quarter of 2018 compared to net income of $2.3 million, or $0.02 per dilut
HC2 Holdings (HC2) has started exploring strategic alternatives, including a potential sale for its Global Marine subsidiary. The company, who acquired Global Marine in 2014, received support from Fugro, who holds interest in Global Marine, for the sale. In November 2017, Fugro sold its non-core tre
The next round of offshore wind projects coming from New Jersey and New York will come at a strike price which is higher than that of the 800MW Vineyard Wind project in Massachusetts, mainly due to the local content requirements, Liz Burdock, the President and CEO of the Business Network for Offshor
