Nalcor has signed a multi-client license agreement with Electromagnetic Geoservices ASA (EMGS) for regional 3D Electromagnetic (EM) Survey data over frontier areas of Newfoundland’s offshore. The BOA Galatea, the vessel that will carry out the survey, is in the Port of St. John’s preparing to commen
Statoil has received consent to use Deepsea Atlantic for permanent plugging of well 34/10-52A/B at Gullfaks Sør. Gullfaks Sør lies due south of Gullfaks in the northern part of the North Sea. The field has been developed using a total of 12 subsea templates tied back to the Gullfaks A and Gullfaks C
JDR, a leading provider of technology connecting the global offshore energy industry, is opening a new offshore engineering technology centre in Cambridge. Building out from JDR’s global HQ in North Cambridgeshire, the new centre will put JDR at the heart of Cambridge’s growing oil and gas innovatio
The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 24, 2014, approved the Group’s condensed consolidated financial statements for the first half of 2014. Consolidated sales for the six months ended June 30, 2014 came to 3.216 billion euros compared with 3.412 billion euros for
Statoil’s second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the No
Petroleum-Geo Services (PGS) released the results for the second quarter with revenues of $337.0 million, compared to $381.7 million in Q2 2013. Second quarter highlight include: – EBITDA of $170.6 million, compared to $209.6 million in Q2 2013, – EBIT, excluding impairments, of $55.3 million, compa
On July 22, 2014, Technip’s Board of Directors approved the second quarter and first half 2014 consolidated financial statements. Thierry Pilenko, Chairman and CEO, commented: “Technip’s second quarter was characterized by a substantial improvement in Subsea profitability, exceptionally strong order
Swedish energy company, Vattenfall, awarded a helicopter services contract to a Danish company. UNI-FLY will provide a helicopter for crew transfer and repair services, with the option for rescue activities for the Horns Rev 1 offshore wind farm. Vattenfall could extend this contract for DanTysk, wi
The Turkish Ministry of Environment and Urbanisation has approved the Environmental Impact Assessment Report (EIA Report) for the section of the South Stream Offshore Pipeline that will cross the Exclusive Economic Zone (EEZ) of Turkey. The EIA Report consists of an assessment of potential impacts o
Minehunter Rimini (engaged in the Standing NATO Mine Countermeasures Group 2) identified a mine still with its releasing device in the Black Sea. The discovery was exceptionally uncommon, due to the absence of mud on the device and the still existing connection with the anchor, as well as the physic
TGS announces two multi-client geochemical seafloor sampling and seep studies offshore Canada and in the Barents Sea. Sampling locations for both programs were identified using recently acquired multi-client seismic data. The Labrador Sea Sampling 2014 will be collected in partnership with VBPR and
Dutch offshore companies realised a unique operation in the North Sea. Under the direction of Seaway Heavy Lifting, one of the world’s largest convertor platforms – a ‘power socket at sea’ – is installed to the west of Sylt, the East Frisian Island. Siemens built the SylWin alpha platform. It is so
ABB reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ongoing project-related challenges in the Power Systems (PS) division. Orders of $10.6 billion were 14 percent high
The Port of Hastings Development Authority has begun detailed environmental studies of Western Port’s weather and wave patterns. “We are focusing on finding out as much as we can about Western Port and its environs to better inform planning and design decisions about the proposed container port at H
