Operations & Maintenance
BP: World’s First Core Flood Robot (VIDEO)
BP has announced that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities. Coreflooding is one of the most important techniques used to identify and evaluate EOR techn
Dalby Offshore’s Workboat Apprentices Spend Their First Week at Sea
Dalby Offshore’s Workboat Apprentices are enjoying their first week at sea. After two weeks studying at Whitby Fishing school and gaining their ENG1 Medical Certificate, STCW and Banksman, Slinger & Crane courses so they can now work alongside the company’s experienced team on the Dalby Fleet. Josh
Prysmian Profit Down 25 Pct
Cable manufacturer, Prysmian, has reported net profit of EUR 135 million for the first nine months of 2014, which is 25.1% lower comparing to the same period last year. “The results for the first nine months of 2014 show generally stable profitability, excluding the adverse impact of the Western Lin
Prysmian Profit Down 25 Pct
Cable manufacturer, Prysmian, has reported net profit of EUR 135 million for the first nine months of 2014, which is 25.1% lower comparing to the same period last year. “The results for the first nine months of 2014 show generally stable profitability, excluding the adverse impact of the Western Lin
AGR’s Software for Xcite’s Bentley
AGR’s well construction planning software, P1, has been selected by Xcite Energy to support development of the Bentley Field, one of the largest fields in the UKCS. P1 software will play a key role in Xcite’s strategic planning for the field, allowing the oil company to maximise the performance of w
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (November 03 – November 09). The safe installation of the 6,500 tonne structure by the deepwater construction vessel Aegir marks the beginning of the Project’s major installation campaign in the
Aker Solutions: No Job Cuts at Egersund
Norwegian broadcaster NRK today reported that Aker Solutions’ fabrication yard in Egersund, Norway, will be letting 1,500 temporary workers go after the new year. Aker Solutions stated that while it is common practice at the yard to adjust the temporary workforce to existing activity levels, no deci
Alstom Tidal Devices Hit 1GWh (Scotland)
As part of their testing programmes at the European Marine Energy Centre (EMEC) in Orkney, Scotland, Alstom’s tidal devices have now generated over 1GWh of electricity, in actual operating conditions, to the Scottish grid. Alstom’s 1MW tidal turbine, deployed in 2013 as part of the ReDAPT project, a
Aker Makes Less, Revenue Up
Aker Solutions’ third-quarter attributable profit dropped to NOK 265 from NOK 349. Earnings per share fell to NOK 0.97 from NOK 1.29 a year earlier. However, Aker’s revenue rose 22 percent to NOK 8.3 billion in the third quarter of 2014, boosted by increased work at major subsea projects in Norway a
Rosneft Completes East Siberian Sea Seismic
Rosneft has finished a complex of seismic data acquisition on the East-Siberian-1 block in the offshore area of the East-Siberian Sea. The Company carried out seismic data survey independently, the amount of 2D works totaled 2000 kilometers. Despite of extremely severe ice conditions this year, all
GEV Offshore Gets GBP 50K from SCORE
Grant programme, Supply Chain innovation for Offshore Renewable Energy (SCORE), has awarded over £50,000 to GEV Offshore, one of the UK’s specialist engineering and offshore access companies. This funding will enable the company to take its pioneering habitat structure for the offshore renewable sec
GEV Offshore Gets GBP 50K from SCORE
Grant programme, Supply Chain innovation for Offshore Renewable Energy (SCORE), has awarded over £50,000 to GEV Offshore, one of the UK’s specialist engineering and offshore access companies. This funding will enable the company to take its pioneering habitat structure for the offshore renewable sec
EMGS Out of Red
Electromagnetic Geoservices (EMGS) has pulled back to profit in the third quarter due to high revenue from contracts and data sales. The Trondheim based, EMGS totaled $29.8 million in contract sales, for this quarter, while multi-client sales were at $11.9 million. The Company had an EBITDA of $11.0
Polar Marquis Wraps Up Black Sea Survey
The new addition to Dolphin Geophysical’s fleet, the Polar Marquis, has finalised its first powerful solution contract survey in the Black Sea, the company stated in its Q3 financial highlights. The survey was conducted with a record spread of 14 streamers at 100 metre separation, positioning Dolphi