Fugro and its partner, Amplified Geochemical Imaging (AGI), have sold licences for data from a frontier region offshore Canada. The data was acquired during a hydrocarbon seep survey, heat flow and geochemical coring campaign in the Orphan Basin, on the continental margin of Newfoundland. The compre
The consortium, led by ITPEnergised, has launched a low-cost dynamic positioning (DP) barge which is expected to significantly improve the commercial viability of the wave and tidal energy generation sector.
Menter Môn, the manager of the Morlais tidal energy project, has invited tenders for marine ecological survey in support of the tidal energy demonstration zone proposed off Anglesey in North Wales.
The governments of Indonesia and South Korea have signed an agreement to establish a research center for marine energy technologies in West Java, unveiling also the plans for cooperation on tidal power generation.
Reach Subsea has been awarded a frame agreement by Statoil for the inspection, maintenance and repair (IMR) services in the North Sea. The frame agreement has a duration of five years, and will start in 2019. Commercial terms under the agreement are confidential between the parties, Reach said. The
Paradigm Flow Services’ Houston division has secured work worth £7 million ($9.7 million) in the last 12 months. In late 2016, Kevin Keogh relocated from the company’s Aberdeenshire HQ to Houston where he now heads up business development activities as VP of Commercial. The commercial and engineerin
ION Geophysical has expanded its 3D multi-client reimaging program offshore Mexico. Based on the success of both the Campeche and Mexican Ridges 3D reimaging programs, ION is extending its data in a lesser explored area further to the north, the company informed. The Perdido South 3D reimaging progr
McDermott has completed its combination with Chicago Bridge & Iron (CB&I), creating a fully integrated provider of technology, engineering and construction solutions for the energy industry. “This is an exciting day for McDermott,” said David Dickson, president and CEO of McDermott. “The combination
Seismic player Polarcus has returned to quarterly profit when compared to first-quarter 2017, despite revenue drop of some 35 percent. The Oslo-listed company reported net profit for the quarter ended March 31, 2018 of $2.8 million or 1 cent per share, versus loss of $38 million in Q1 2017. Sequenti
Weatherford has reached a memorandum of understanding (MOU) with Valiant Artificial Lift Solutions to jointly commercialize, market and service electrical submersible pumps (ESPs). The pumps are designed for productivity in harsh, abrasive, corrosive and otherwise challenging downhole environments.
Hyperbaric Consult Group (HBC) said it has been awarded the EU subsea inspection campaign by the offshore wind giant Ørsted for 2018. In 2017 HBC carried out subsea inspections on offshore structures across Ørsted’s UK, Germany and Denmark wind farms. The campaign included Borkum Riffgrund 01, Godew
US offshore wind developer Deepwater Wind has indicated its interest in establishing a hub on the Brooklyn waterfront to support its South Fork Wind Farm and future projects off New York, subject to necessary approvals.
RED Engineering said it has developed new clamp technology to improve subsea well intervention operations. The two, first of a kind modular subsea clamps have been delivered to TechnipFMC for operation from the well intervention vessel, Island Constructor. The modular design will allow TechnipFMC th
Statoil has been granted consent by Petroleum Safety Authority (PSA) Norway to use a replacement pipeline between Heidrun and subsea structure E on the Heidrun field. The replacement of the Heidrun P-E pipeline is part of a project to develop and extend the life of Heidrun Nordflanken by 20 years. T
