Operations & Maintenance
Subsea 7 to Work on Sole Development Project
Subsea 7 said it has secured a contract between $50 million and $150 million with Cooper Energy for the Sole Development Project, offshore Australia The Sole gas field is located in the eastern part of the Gippsland Basin, approximately 40km offshore Victoria, Australia. The contract scope consists
Farstad Takes NOK 3.6 Bln Loss in 2016
Norwegian shipowner Farstad has seen its loss widened on more than 40 percent drop in operating income and large fleet and asset impairment recognised in the fourth quarter of 2016. The company has booked quarterly loss of NOK 2.38 billion, or NOK 61 per diluted share, versus a loss of NOK 1.31 bill
JBA Consulting joins Team Humber Marine Alliance
JBA Consulting has signed a membership agreement with the Hull-based business development company Team Humber Marine Alliance (THMA).
Kosmos: Seismic Acquisition Underway Off Mauritania
Kosmos Energy, an oil and gas exploration and production company, informed that the seismic data acquisition is underway over blocks C6 and C12 offshore Mauritania. The seismic survey began in January 2017 and it’s expected to be completed during the first quarter of 2017. Kosmos holds 28% interest
Minesto seeks Deep Green struts
Minesto has launched a tender for composite struts that will be used for its Deep Green tidal kite.
Rhenus Opens UK Supply Bases
Berlin-headquartered logistics services provider Rhenus Offshore Logistics is starting up its operation of two new offshore supply bases at the ports of Great Yarmouth and Aberdeen in the UK.
Rhenus Opens UK Supply Bases
Berlin-headquartered logistics services provider Rhenus Offshore Logistics is starting up its operation of two new offshore supply bases at the ports of Great Yarmouth and Aberdeen in the UK.
GKinetic eyes bigger tidal device
GKinetic Energy is looking for partners to discuss collaborative opportunities to build and demonstrate a 250kW tidal energy device.
GC Rieber Swings to Profit
Norwegian offshore vessels provider, GC Rieber Shipping, has reported total profit of NOK 52.6 million in the Q4 2016, compared with a loss of NOK 400.1 million in the Q4 2015. The Oslo-listed firm generated operating income of NOK 34.5 million in the fourth quarter of 2016. This result compares wit
Scientists Explore Senghor Sea Mount
A group of European and American scientists have embarked on an oceanographic mission aboard the German research vessel RV Maria S. Merian to study the physical and bio-geo-chemical characterization of the Senghor Sea Mount ecosystem located to the north of the Cape Verde Archipelago. The ten-day sc
Top News of the Week, 20 – 26 February 2017
Shell Eyes More Action in European Offshore Wind The Netherlands-based oil and gas giant, Shell, is looking to get on board further projects across Europe as it aims to dive deeper into the offshore wind market. Hywind Foundations On a Roll (Photos) The Navantia-Windar team has started the roll-out
FORCE considers future tidal data management
Offshore Energy Research Association (OERA) is looking to hire a service provider to define and describe data management system for use by the Fundy Ocean Research Center for Energy (FORCE).
ExxonMobil to Extend Sigyn Field Lifetime
ExxonMobil has received Petroleum Safety Authority (PSA) consent to extend the lifetime of the facilities on the Sigyn field. The field, developed using a subsea solution, with the wellstream piped through two lines to the Sleipner A facility, was originally estimated to last until 2017. The most re
Four Companies Get PSA Manned Underwater Ops Approval
Aker BP, ExxonMobil, Gassco and Statoil have received a consent for manned underwater operations in 2017 from Petroleum Safety Authority (PSA) Norway. Statoil has signed framework agreements with Technip Norge and Subsea 7 Norway on the performance of manned underwater operations in 2017. Through a