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Operations & Maintenance

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Nexus Installing Final Batch of Borkum Riffgrund 2 Cables
Operations & Maintenance

Nexus Installing Final Batch of Borkum Riffgrund 2 Cables

Van Oord’s cable-laying vessel Nexus has loaded the final batch of inter-array cables for the Borkum Riffgrund 2 wind farm and is now installing them in the German North Sea. The expected date of the completion of the works in the field is August 07, 2018, Van Oord’s spokesperson said. Nexus is depl

about 8 years ago
Trendsetter and Add Energy Patent Well Optimization Hardware in US
Operations & Maintenance

Trendsetter and Add Energy Patent Well Optimization Hardware in US

Trendsetter Engineering and Add Energy, the co-developers who created the ‘Relief Well Injection Spool’ (RWIS), have announced that their well kill and optimization hardware has been granted a US patent. The RWIS has been designed and built to enable operators to stop a blowout from prolific reservo

about 8 years ago
PSA Inspects Shell’s Flexible Risers on Draugen
Operations & Maintenance

PSA Inspects Shell’s Flexible Risers on Draugen

Petroleum Safety Authority (PSA) Norway has carried out an audit of Norske Shell (Shell) focused on the replacement of flexible risers on the Draugen field. The audit focused on the Shell’s work on replacing flexible risers on the Draugen field in the Norwegian Sea. The object of the audit was to ve

about 8 years ago
Subsea 7 Wins Offshore Transportation and Installation Deal
Operations & Maintenance

Subsea 7 Wins Offshore Transportation and Installation Deal

Subsea 7 has secured a sizeable offshore transportation and installation contract with an unnamed client. According to Subsea 7, a sizeable contract is being between USD 50 million and USD 150 million. Offshore execution of the contract is planned for 2020. “No further details are disclosed at this

about 8 years ago
Fairfield Geo and Ikon Science Form Joint Venture
Operations & Maintenance

Fairfield Geo and Ikon Science Form Joint Venture

Fairfield Geotechnologies and Ikon Science have formally signed a joint venture agreement to offer complete geoprediction services to the oil and gas industry in North America. The joint venture leverages Ikon Science’s geoprediction technology, which includes innovative workflows for unconventional

about 8 years ago
PGS Swings to Profit
Operations & Maintenance

PGS Swings to Profit

Petroleum Geo-Services (PGS), reported profit for the second quarter ended June 30, 2018 of $10 million versus loss off $37 million in the prior-year quarter. Basic earnings per share was 3 cents per share, bouncing back from 10 cents per share loss same time last year. Norway-based PGS generated re

about 8 years ago
Nordic marine set for Brussels showcase
Operations & Maintenance

Nordic marine set for Brussels showcase

Marine energy developers from the Nordic countries will showcase the advancements achieved in the sector through ocean deployments at an event set to take place in two months’ time.

about 8 years ago
Mermaid Nets Middle East Subsea Deal
Operations & Maintenance

Mermaid Nets Middle East Subsea Deal

Mermaid Maritime said that its Middle East business unit has been awarded a subsea services contract in a GCC country with an initial contract value of USD 16 million. The contract is scheduled to be performed in the Arabian Gulf during the course of August 2018 until March 2019. The work will invol

about 8 years ago
Red colors OPT’s year-end financials
Operations & Maintenance

Red colors OPT’s year-end financials

Wave energy developer based in the USA – Ocean Power Technologies (OPT) – has reported 7% higher net loss for the fiscal year 2018 when compared to year before.

about 8 years ago
M2 Subsea Wins Balmoral FPV Inspection Gig
Operations & Maintenance

M2 Subsea Wins Balmoral FPV Inspection Gig

ROV services provider, M2 Subsea, said it has secured a contract to provide inspection services for Premier Oil’s Balmoral floating production vessel (FPV). M2 Subsea will carry out the 2018 inspection of the vessel’s hull, flowlines, umbilicals, risers and subsea template. The Balmoral is a purpose

about 8 years ago
UK marine energy test centers join forces for Welsh newbie
Operations & Maintenance

UK marine energy test centers join forces for Welsh newbie

The European Marine Energy Centre (EMEC) and Wave Hub have signed an agreement with Marine Energy Wales to provide strategic advice for the development of marine energy test center in Pembrokeshire.

about 8 years ago
DesignPro lifts veil off hydrokinetic device
Operations & Maintenance

DesignPro lifts veil off hydrokinetic device

Irish company DesignPro Renewables has unveiled its new and improved turbine design for its 25kW hydrokinetic device that will deployed at SEENEOH test site this September.

about 8 years ago
E-marine to Install MARS Subsea Cable
Operations & Maintenance

E-marine to Install MARS Subsea Cable

Submarine cables solutions provider E-marine said it has begun works to install the ‘Mauritius and Rodrigues Submarine Cable System’ (MARS). The first submarine cable between Mauritius and Rodrigues Island is being built to meet the increasing demand for internet connectivity in the region. PCCW Glo

about 8 years ago
Equinor Gets PSA Nod to Power Johan Sverdrup from Shore
Operations & Maintenance

Equinor Gets PSA Nod to Power Johan Sverdrup from Shore

Petroleum Safety Authority (PSA) Norway has given Equinor a consent to use a facility to supply power from onshore to the Johan Sverdrup field. Electrical power will be obtained from the onshore grid and converted to DC at a transformer station at Haugsneset close to the Kårstø facility in Rogaland.

about 8 years ago
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