The Liverpool City Region Combined Authority has unanimously adopted Mayor Rotheram’s proposal to grant a share of £1.6 million from priorities fund to harness the tides of River Mersey.
Ocean Installer will assist BW Offshore in decommissioning the Berge Helene FPSO on the Chinguetti field, 80 kilometers west of Mauritania, following Petronas implementation of its demobilization plan. The project will be executed on a fast track, with offshore operations commencing as soon as March
Nautilus Minerals continues to arrange bridge loans from Deep Sea Mining Finance. The bridge loans are expected to form part of a larger secured structured credit facility of up to US$34 million to be provided by the lender to the company. Mike Johnston, Nautilus’ CEO, said: “We are very pleased wit
Eni has made a lean gas discovery in Block 6 offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent r
MHI Vestas has completed the foundation work at its Fawley Paint & Logistics Facility in Hampshire, UK.
HR Wallingford and the University of Rostock are conducting a research on the development of scour on offshore substation jacket foundations located in the German part of the North Sea.
Xodus Group is undertaking an international study on behalf of Scottish Enterprise to determine competitiveness and innovation in the Scottish subsea market and benchmark capabilities with regions across the world. Over the next 12 months, the findings should help shape a range of projects and activ
Finnish wave energy developer Wello has signed a deal with Chinese conglomerate CIMC OEI to develop wave energy projects in China.
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has appointed Mark Midgley as chief operating officer. Following this appointment, Mermaid will hereafter have two chief operating officers each reporting directly to the chief executive officer. Dr. V
Phoenix has recently completed an abandonment campaign in the Gulf of Mexico utilizing its atmospheric diving system (ADS) Hardsuit and a surface supplied air diving spread mobilized onboard a vessel of opportunity. The project was executed in two phases. In Phase 1 of the project, Phoenix cut, plug
Bourbon has seen its revenue decline some 19 percent year-on-year for the quarter ended December 31, 2017, and some 22 percent for the full-year 2017. The French vessel owner and offshore services provider generated a total of €181.6 million in fourth-quarter 2017 revenue. Adjusted Q4 revenue was €1
Aker Solutions has won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil. The four-year contract is valued at about NOK 800 million ($101.5 million) and includes an option for a one-year extension. The order cove
3D at Depth said it has completed its 300th subsea LiDAR spool metrology. The subsea LiDAR measurement, conducted offshore within the Mediterranean Sea, covered 8 long spool metrologies with lengths greater than 90 meters and was completed in 24 hours. According tot the company, the project delivere
Subsea engineering analysis consultancy, AgileTek, has made two new appointments and a key promotion. Soo-hyeong Kim has joined the company as a graduate engineering analyst, alongside Andrew Olson, who has taken on the role of business development engineer. The company is also building on recent su
