REACH Subsea has had success in winning new contracts during the quarter and today has an orderbook exceeding NOK 450 million, of which approximately NOK 200 million is related to work for the last three quarters of 2014. REACH delivered a strong EBITDA-margin of 14% on revenues of NOK 48 million, i
Delta Systems, which makes its début at Seawork in 2014 (stand A107), has built a reputation for enabling operations staff, technicians, subcontractors, vessel crew and base personnel to keep up-to-date with vessel and asset location and fitness for purpose – even when operating at remote sites. Ass
RWE Dea Norge AS, operator of production licence 420, has completed drilling of appraisal wells 35/9-11 S and 35/9-11 A on the 35/9-6 S oil, gas and condensate discovery. The discovery was proven in Jurassic reservoir rocks in the winter of 2010. Appraisal wells 35/9-11 S and 35/9-11 A were drilled
Faroe Petroleum, has announced the completion of a successful initial side-track appraisal well on the Pil oil and gas discovery (Faroe 25%) in the Norwegian Sea. The Pil side-track well (6406/12-3 B), to appraise for additional hydrocarbons along the Pil structure and down-dip from the initial disc
GROW:OffshoreWind, which recently provided a GBP 3 million funding for UK’s offshore wind operations and maintenance sector, provides intelligence and live data to target real offshore wind component manufacturing and maintenance opportunities. In the following video, Richard Ousey, Funding Advisor
The installation of sponson S7 at the Costa Concordia wreck site has been completed. According to The Parbuckling Project, the Barge Micourier2 with sponsons S6 and S5 on board arrived at the site and the installation of S6 started yesterday. As previously reported the installation of the starboard
Offshore WIND’s photo of the day: Heavy lifting and site transport work at the base port for Butendiek offshore wind farm in Esbjerg, Denmark. Modulift, a specialist in lifting engineering services, is part of the Butendiek offshore wind farm development, providing its expertise in heavy lifting and
Offshore WIND’s photo of the day: Heavy lifting and site transport work at the base port for Butendiek offshore wind farm in Esbjerg, Denmark. Modulift, a specialist in lifting engineering services, is part of the Butendiek offshore wind farm development, providing its expertise in heavy lifting and
MMT (Sweden) has been awarded a contract for side scan sonar survey and a camera based study of benthic fauna by Nord Stream AG. The scope of Nord Stream´s monitoring campaign is to assess the impact of the presence of the pipelines on the near seabed currents through the observation of potential lo
Since the beginning of 2014, DEME managed to maintain its order book at a fairly high level of about 3.0 billion EUR thanks to new orders, well spread worldwide across dredging, energy related and environmental activities. The total value of these new orders represents approximately 660 million EUR.
EDF EN France, Dong Energy and WPD Offshore have issued a call for bids for the Engineering, Procurement, Construction and Installation of up to 83 gravity-based foundations for the Fécamp offshore wind farm. The contract also includes the supply of additional equipment for the gravity-based foundat
The construction work at the offshore wind farm Borkum Riffgrund 1 is progressing rapidly. On 21st April 2014, the first cable was connected between the offshore substation and the first foundation. By the end of 2014, approximately 80 kilometers of cables will be installed connecting the foundation
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/4-8, cf. Section 8 of the Resource Management Regulations. Well 16/4-8 S will be drilled from the Bredford Dolphin drilling facility in the central part of the North Sea. The drilling programme for well 16
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 7324/2-1 cf. Section 8 of the Resource Management Regulations. Well 7324/2-1 will be drilled from the Transocean Spitsbergen drilling facility. The drilling program for well 7324/2-1 relates to the