Research and technology organisation TWI has started a new project to reportedly advance the decommissioning of offshore structures. Namely, TWI is developing decommissioning technology for use in deep and hazardous waters. This will consist of a laser cutting solution that can be deployed remotely
Australian Renewable Energy Agency (ARENA) has provided funding for the study that will map and explore the future potential of tidal energy resource in Australia.
Swedish survey specialist MMT and Norwegian contractor Reach Subsea have secured the DP2 subsea vessel M/V Olympic Delta, with two ROVs mobilised onboard, for execution of the project announced earlier this year. The project has been postponed from June 2017 until August same year, the Oslo-listed R
Royal Boskalis Westminster has been awarded a letter of intent (LoI) in joint venture with Van Oord for rock placement services for the Nord Stream 2 project. The award was made by the project developer Nord Stream 2 AG and is a part of the construction of the planned twin 1,200 kilometer gas pipeli
TechnipFMC has shipped water injection umbilicals from its Newcastle manufacturing facility to Total in Africa for the Egina project. The long length umbilicals will be installed at a water depth of 1,600 meters some 130 kilometers off the coast of Nigeria. The ultra-deep offshore development plan i
InnoEnergy has made its Investment Round available for funding applications year-round to offer flexibility to businesses and shorten their journey from lab to launch.
Cape Sharp Tidal has submitted the second quarterly Environmental Effects Monitoring Program (EEMP) report to Nova Scotia Department of Environment.
ABB has won an order worth around $30 million from Svenska Kraftnät in Sweden and Energinet in Denmark. ABB will upgrade the control and protection system for the Konti-Skan high-voltage direct current (HVDC) transmission link with its latest ABB Ability MACH technology. The Konti-Skan transmission
Waves4Power has welcomed the representatives of the Maestrale project to discuss opportunities for wave energy deployments in the Mediterranean.
Talos Energy as operator, together with its joint venture partners Sierra Oil and Gas and Premier Oil, has made an oil discovery in Zama-1 exploration well, offshore Mexico. Talos holds a 35% participation interest with Sierra and Premier holding 40% and 25% participation interests, respectively. Th
Shell said it will exercise a contractual right to purchase the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore. The FPSO is a joint-venture (JV) owned by SBM Offshore with 55% interest, Mitsubishi Corporation with 30% interest and Nippon Yusen Kabushiki Kaish
Global Petroleum has finalized 2D seismic acquisition programme in the company’s operated block (PEL 0029) in Namibia. The survey comprises of 834 km of full fold 2D seismic data. The acquisition was carried out by Seabird Exploration of Norway, and took 10 days to complete. The total cost of the ac
Norwegian oil services company Aker Solutions has reported net income of NOK 33 million ($4 million), or NOK 0.08 in the second-quarter 2017, versus net income of NOK 131 million ($15.8 million), or NOK 0.37 in the prior-year comparable period. The company has seen its revenue decline to NOK 5.4 bil
Spectrum has started the acquisition of a new seismic survey to facilitate evaluation of key areas available in the ongoing Norwegian 24th licensing round. The new Norsel High 3D acquisition comprises a minimum of 1,600 sqkm, covering 4 blocks that are included in the round. Data is being acquired b
