DOF Subsea has been appointed Raymond P. Semple, as chief operating officer, effective October 23, 2017. As COO, Semple will have the entire operational responsibility for DOF Subsea on a strategic level, and be responsible for the company’s day-to-day operating activities. Prior to joining DOF, Sem
Aker Solutions has started production for the Statoil-operated Snefrid Nord gas development. Aker Solutions will deliver the single-slot subsea template, a suction anchor and umbilicals for the Snefrid Nord. The subsea template and suction anchor mooring it to the seabed will be delivered from the c
US-based wave energy developer Ocean Power Technologies (OPT) has unveiled plans to offer shares of its common stock for sale in a best efforts public offering. OPT said it intends to use the net proceeds from the offering for working capital and to fund other general corporate purposes. The public
TechnipFMC has been reached an agreement with Plexus to acquire Plexus’s Wellhead exploration equipment and services business for jack up applications. TechnipFMC believes that this portfolio expansion in the mudline and high pressure high temperature (HPHT) arena should enable the company to be a l
Huntington Ingalls Industries announced that its Newport News Shipbuilding division has received a $59.7 million contract from the U.S. Navy for planning and executing the overhaul of the submarine USS Boise (SSN 764). The contract includes options that, if exercised, would bring the total value of
ETIP Ocean is organizing a wave energy seminar, and a workshop set for public funding program advice during Ocean Energy Europe 2017 conference, taking place in Nantes next week.
FP Telecommunications (FPT) and Alcatel Submarine Networks (ASN), part of Nokia, have signed a turn-key agreement for the deployment of AURORA submarine cable system. AURORA will be based on ASN’s submarine system technology, with an overall project investment of US 310 million. Delivering up to 15
Irish wave energy developer Ocean Energy plans to begin with the manufacturing of its up-scaled wave energy device this month in the United States.
Atlantis has reinstalled the fourth and final turbine for the MeyGen Phase 1A project in the Pentland Firth. With the reinstallation of the fourth 1.5MW AR1500 turbine, MeyGen Phase 1A will now be capable of operating at its full 6 MW capacity generating full ROC and power revenues. The offshore wor
The Climate Bonds Initiative (CBI) has launched the Marine Renewable Energy Criteria which made marine renewable energy investments eligible for Climate Bonds Certification.
FairfieldNodal is set to begin 3D seismic acquisition for the Libra consortium offshore Brazil. FairfieldNodal secured the contract by the Libra consortium to acquire and process high-resolution 3D marine seismic in April 2017. The consortium is led by Petrobras, and includes Total, Royal Dutch Shel
OSPAR experts met for the first time with their HELCOM colleagues from the Baltic to discuss common challenges with monitoring both impulsive and continuous underwater noise, in Göteborg, Sweden. The meeting, which was held earlier this month, considered the development of new indicators to understa
Atlantis Resources has reinstalled the fourth tidal turbine in the Pentland Firth off Scotland, wrapping up the Phase 1A of the MeyGen project.
Electromagnetic Geoservices and its wholly owned subsidiary Electromagnetic Geoservices Canada (together EMGS) have started preparations for a pre-funded multi-client survey west of Newfoundland, Canada. The survey represents a minimum level of revenues to EMGS of approximately USD 2.5 million, the
