Statoil and Total have completed their transaction whereby Statoil has acquired Total’s equity stakes in the Martin Linge field and the Garantiana discovery on the NCS. As a part of the transation Statoil has taken over the operatorships of Martin Linge and the Garantiana. Statoil now has 70% intere
Swedish wave energy developer Ocean Harvesting Technologies has completed the system design for a full-scale device named InfinityWEC ahead of planned two-year test and demonstration project.
Ocean Power Technologies has signed an agreement with Eni to supply a PB3 PowerBuoy for a demonstration of one of Eni’s subsea oil and gas operations. The agreement provides for a minimum 24-month contract that includes an 18-month PB3 PowerBuoy lease and associated project management. OPT will also
Petroleum Safety Authority (PSA) Norway has given Statoil consent to use the spar floating production and offloading vessel (FPSO), subsea systems and infield pipelines on the Aasta Hansteen field in the Norwegian Sea. Aasta Hansteen field, currently in development, is located in the northern sector
Ocean Power Technologies (OPT) has signed an agreement with one of the world’s largest multinational oil and gas companies Eni to supply the PB3 PowerBuoy for a demonstration project in the Adriatic Sea.
Ørsted has signed a contract with Taiwan-based Century Wind Power (CWP) for the construction of a jacket foundation transition piece mock-up.
Highlands and Islands Enterprise (HIE) and Orkney Islands Council (OIC) have awarded a £5.4 million construction contract for the development of a new Research and Innovation Campus in Orkney.
Mercator Ocean and Ocean Energy Europe (OEE) have announced plans to form a partnership in order to support ocean renewable energy through the Copernicus Marine Service.
Utility ROV Services (URS) and EDT Ship Management have entered into an agreement in relation to the provision of boulder clearance services utilising the UTROV load bearing ROV system system and DP2 vessel, EDT Kennedy. The services will be provided to clients as a permanently mobilized spread, inc
ZTT has successfully completed supply and installation of the first 33kV long distance submarine power cable in Bangladesh, connecting Chittagong and Sandwip Island. The end user is Bangladesh Power Development Board (BPDB). The contract was signed with BPDB in September 2017. ZTT finished productio
Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 12 – 18, 2018.
Subsea World News has put together a recap of the most interesting articles from the previous week (March 12 – March 18). https://subseaworldnews.com/2018/03/15/statoil-changing-name-to-equinor/ https://subseaworldnews.com/2018/03/15/subsea-7-lands-new-gig/ https://subseaworldnews.com/2018/03/12/mcd
Fara Holdco, owners of the Bibby Offshore group of companies has entered into merger deal with Rever Offshore. Rever’s subsidiaries include CECON Contracting, an international subsea and offshore contractor, as well as two vessel companies which own both the Cecon Excellence and Cecon Sovereign. The
DEA Norge has released a video which demonstrates the process of lifting Dvalin subsea template onto four suction anchors at the Aker Solutions yard in Egersund. The Dvalin gas field, previously known as Zidane, discovered in 2010, is DEA’s first own operated field development project in Norway. The
