PGS, in cooperation with Sonangol, is acquiring a new survey over the shallow-water shelf area of the Kwanza Basin, Angola. The Kwanza Shelf includes fields and discoveries with reservoirs in both the presalt and the postsalt. These open acreage shallow-water blocks have been overlooked in recent ex
DOF Subsea has been awarded various contracts, securing utilisation for vessels in the subsea IMR projects segment. The Atlantic region has been awarded a contract by the Norwegian Mapping Authority regarding Hydrographic services for the MAREANO 2019 program. The specialised survey and IMR vessel G
Swan Hunter has executed the final work scope of the Norther offshore wind farm export cable storage project at the yard in Vlissingen, the Netherlands. The last sections of spare array and export cables were transpooled from the Van Oord cable laying vessel Nexus, and the DOC-Swan Hunter 4750Te ons
The Norwegian Petroleum Directorate (NPD) is giving a green light to using the C platform on the Gullfaks field in the North Sea until 30 June 2036. This corresponds to the entire period of the production licence. In its application, Equinor notes that the facility can be operated at a profit up to
PNG DataCo (DataCo) has completed the second, out of three systems of the Kumul submarine cable network. The System 2 landed at Alotau, connecting three branching units, Lae, Popondetta and Alotau. Kumul submarine domestic fiber cable network is a national backbone transmission network that intends
Energy consultancy Xodus has expanded its decommissioning offering with the appointment of Gavin Bell as its first well decommissioning manager. Bell will be responsible for developing and delivering Xodus’ new well decommissioning service that had previously been outsourced to external contractors.
Sparrows Cable and Pipe Lay Solutions (CPLS) division said it has more than doubled its business during 2018 thanks to an upsurge in activity in the renewables market. This included the delivery of its largest renewables project to date as part of three contracts awarded through VBMS; DEME Offshore,
Electromagnetic Geoservices (EMGS) has confirmed the contract award from Equinor with a value of approximately USD 8 million. The final contracts are in accordance with the terms of the letter of intent, signed in February 2019, and includes both licensing of Barents Sea, Norwegian Sea and North Sea
Equinor has made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea. The resources are estimated at 12-28 million barrels of recoverable oil. “We are pleased to have made a new discovery on Equinor-operated acreage on the Norwegian continental shelf (NCS). T
Olympic Subsea has reported net loss of NOK 100 million ($11.6 million) for the quarter ended December 31, 2018, versus net loss of NOK 72 million ($8.3 million) same time last year. The Oslo-listed company generated operating income of NOK 127 million for the fourth quarter of 2018, compared to NOK
Preston-based Submarine Manufacturing and Products (SMP) said it has delivered ahead of schedule the Submarine Emergency Survival Pods, ROV Training Simulator Suite and Subsea Training Templates for connection of the (SEVDS) Submarine Emergency Ventilation & Decompression System. The 4000-metre dept
MarineEnergy.biz has compiled the top news from marine energy industry from February 25 – March 03, 2019. https://marineenergy.biz/2019/02/28/smes-plat-i-produces-first-power-in-nova-scotia/ https://marineenergy.biz/2019/02/26/minesto-explores-deep-green-deployment-opportunities-in-eastern-caribbean
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $27.3 million for the twelve-month period ended December 31, 2018. This result compares with profit of some $4.2 million for the twelve months period in 2017. The Singapore-lis
TechnipFMC has secured a large contract from BP for the engineering, procurement, construction, installation and commissioning (EPCIC) of the floating production storage and offloading (FPSO) unit for the Greater Tortue Ahmeyim development. The Tortue/Ahmeyim development is located in the C-8 block
