Reach Subsea has bounced back to quarterly profit for the period ended June 30, 2018, as revenues hiked on increased activity against the same quarter last year. For the second quarter 2018, the Norwegian contractor booked profit of NOK 4.8 million on revenues of NOK 191 million, versus net loss of
DOF Subsea, a subsidiary of DOF Group, reported loss in the second quarter of 2018 of NOK 292 million ($35 million), compared to profit of NOK 88 million ($10.5 million) in the corresponding period in 2017. First-half result for 2018 came out negative, with net loss of NOK 112 million ($13.4 million
Ocean Power Technologies said it has shipped its PB3 PowerBuoy to Ravenna, Italy for Eni deployment and use in its subsea operations. OPT will also provide to Eni deployment support, remote data collection and monitoring. Since signing in March 2018, OPT and Eni have attained several key milestones
The representative body of the Scottish renewable energy industry – Scottish Renewables – has welcomed the tidal energy generation milestone achieved by Scotrenewables Tidal Power, stating it paves the way for marine energy to become a mainstream part of Scotland’s energy mix.
The International Network on Offshore Renewable Energy (INORE) has launched a call for collaborative research projects as part of the Ocean Energy Systems-backed Blue Energy Collaborative Scholarships initiative.
Shearwater GeoServices has entered into a definitive agreement to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. Shearwater will own and operate a fleet of 14 seismic vessels offering a full range of acquisition ser
Siemens Gamesa Renewable Energy (SGRE) has awarded Wiking Helikopter Service with a multi-year contract to support maintenance operations at the Beatrice offshore wind farm in Scotland, which will comprise 84 Siemens Gamesa 7MW turbines.
Sea Puffin 1 has completed transit and push-on trials at the Horns Rev 1 offshore wind farm in Denmark at a significant wave height of 1.5m, demonstrating record low fuel consumption of
Sea Puffin 1 has completed transit and push-on trials at the Horns Rev 1 offshore wind farm in Denmark at a significant wave height of 1.5m, demonstrating record low fuel consumption of
The SR2000 floating tidal turbine, developed by Scotrenewables Tidal Power, has generated more power over the past 12 months than the entire wave and tidal energy sectors in Scotland in more than a decade.
Ulstein Verft has contracted Palfinger Marine to provide a major deck equipment package for Nexans’ new cable laying vessel Aurora.
Motive Offshore has expanded its fabrication division at its main site at Boyndie in North-east Aberdeenshire with a £250k investment, and secured a key appointment to manage the division. Colin Forsyth has been appointed as general manager to oversee the fabrication division expansion. Forsyth brin
JFO has delivered subsea cutting projects for Subsea 7 on behalf of BP and Premier Oil in the North Sea. The projects were executed by JFO’s hydraulic shear (the 1950Te) which is affectionately nick-named ‘Tiny’. Anything but small, Tiny is 4.5 meters long, by 1.2 meters wide and 2.2 meters high, wi
Energinet wants to purchase UXO consultancy related to a risk mitigation program for the Baltic Pipe project. The scope includes preparation of reactive measures, analysis of existing survey data, consultancy related to UXO survey and inspection, UXO risk sign-off documentation and possible addition
