Add Energy and Trendsetter Engineering Inc (TEI) have been contracted by an oil and gas operator to provide well control expertise and access to their patented Relief Well Injection Spool (RWIS) to a well which is planned to be drilled in the Barents Sea during Q2 2018. The contract will provide the
The partners in the collaborative research and development initiative aimed at metaphysical characterization of dynamic umbilicals for floating marine renewable energy devices, known as the OMDYN2 project, have held a kick-off meeting last month in France.
The past months have seen progress made on the site-specific design and development for the Albany Wave Energy Project (AWEP), the developer behind the project, Carnegie Clean Energy, informed.
EEW Offshore Structures (Britain) Ltd has produced its 100th transition piece, which is due to set sail to Ørsted’s Hornsea Project One offshore wind farm.
EEW Offshore Structures (Britain) Ltd has produced its 100th transition piece, which is due to set sail to Ørsted’s Hornsea Project One offshore wind farm.
Australian clean energy developer Carnegie Clean Energy has made further progress with the design of its CETO 6 wave energy technology which is now ready for wave tank testing activities at the University of Plymouth in South West England.
Aker Solutions has won an order from Wintershall Norge to provide a subsea production system, umbilicals and services for the Nova oil and gas field offshore Norway. The system will consist of two templates with manifolds, seven subsea trees including one spare, umbilicals and associated tie-in and
Subsea 7 has been awarded a contract between USD 50 million and USD 150 million by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North Sea, 16 kilometers from the Gjøa field, in a water depth of approximately 36
Polarcus has narrowed its quarterly loss when compared to fourth-quarter 2016, despite lower revenues and impairment charges. The Oslo-listed company reported net loss for the quarter of $91.7 million or 60 cents per share, versus loss of $97 million in Q4 2016. Sequentially, the net loss widened fr
Carnegie Clean Energy has shifted the immediate focus for delivery of the first CETO 6 prototype from Wave Hub in Cornwall to Albany in Western Australia, while continuing the UK development activities.
Polarcus has taken over ownership of Polarcus Nadia and Polarcus Naila following the finalization of restructuring. In January 2018 Polarcus launched an equity private placement and announced a financial restructuring, which was subject to the satisfaction of certain closing conditions, including th
Reach Subsea has seen quarterly loss widened for the period ended December 31, 2017, explained by lower equipment utilization when compared to the corresponding period in 2016. Despite revenue growth of close to 70 per cent, the Norwegian contractor booked loss of NOK 10 million, or NOK 0.07 per sha
ECA Group has unveiled its new generation mid-size AUV A18-M for underwater mine warfare. The company has carried out live demonstration in Toulon area to showcase theperformance of this new maritime drone that is completing ECA Group’s AUV family. A18-M is the new generation of autonomous underwate
EU-backed Master in Renewable Energy in the Marine Environment (REM) initiative has opened the application process for the 2018-2020 edition.
