Bourbon has seen its revenue decline some 21 percent year-on-year for the quarter ended September 30, 2017, still impacted by lower activity levels in the shallow and deepwater offshore segments. The French vessel owner and offshore services provider generated a total of €204 million in third-quarte
Waves4Power’s WaveEL wave energy device has reached five months of exporting electricity to the Norwegian power grid from the Runde test site.
Oslo-listed Subsea 7 has booked 23 per cent lower profit for the quarter ended September 30, 2017 despite revenue boost of 15 per cent on increased activity in the renewables sector which was partially offset by other business units. The subsea engineering and construction specialist posted quarterl
Swedish wave energy developer CorPower Ocean has set up a Scottish subsidiary to support its growing activities in the country and prepare for wave energy device deployment off Orkney.
Polarcus has entered into a contract for the acquisition of a broadband 3D marine seismic project in Australia. The project is due to start in Q1 2018. According to the company, the project will run for approximately one month. Polarcus did not disclose the name of the client, nor the value of the c
Offshore Energy Research Association of Nova Scotia (OERA) has hired several experts to determine if there is a practical business case for establishing and operating a small-scale tidal test facility in Nova Scotia.
Cepsa and Cosmo Oil have, through Cosmo Abu Dhabi Energy Exploration & Production, started the production from Hail oil field in the Abu Dhabi Oil Company (ADOC) concession. Hail is the fourth offshore crude oil field to start production in the ADOC concession in shallow waters to the West of Abu Dh
Ten European partners have teamed up to develop novel offshore wind turbine blade technologies in an effort to lower the levelised cost of energy (LCOE).
UK subsea company Rovco has been awarded a three-year contract for inspection services at the Gwynt y Môr offshore wind farm, after winning a tender launched by innogy.
UK subsea company Rovco has been awarded a three-year contract for inspection services at the Gwynt y Môr offshore wind farm, after winning a tender launched by innogy.
US-based wave energy developer Wave Water Works is looking for contracts to supply clean power to US Virgin Islands and Puerto Rico following the recent massive hurricanes in the area.
UK subsea company Rovco has been awarded a three-year contract to support one of the world’s largest offshore windfarms, Gwynt y Môr, located eight miles off the coast of North Wales in the UK. Rovco will be providing its underwater ROV 3D visual survey solution, alongside traditional video, bluevie
MHI Vestas will repurpose the decommissioned Fawley Power Plant in Hampshire, UK, into a new painting and logistics facility for its 80-meter turbine blades.
WorleyParsons has been awarded a contract by Reliance Industries for project management consultancy (PMC) services for development of the R-Series gas field (D34) in the Krishna Godavari basin off the East coast of India. The field is located in water depths between 1800 and 2150 metres approximatel
