Today Van Oord announced its intention to acquire an equity stake of 10% in the Gemini offshore wind park. Yesterday, Northland Power Inc. (NPI), the Canadian producer of sustainable energy, announced that together with Siemens Project Ventures GmbH (Siemens), HVC N.V., Typhoon Offshore B.V. and Van
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first half of 2013. “The Group’s half-year results show signs of improvement from the second quarter. In fact, in the second quarter 2013 both sales and profitability increased on the first quarter 2013,
CGG announced its non-audited second quarter 2013 consolidated results. All comparisons are made on a year-onyear basis with CGG 2012 results before the Fugro Geoscience acquisition. – Very strong quarter with Revenue up 24% and an EBIT at $117 million corresponding to an EBIT at $128 million not-in
Apache Corporation said today that the third well in the Bacchus Field in the United Kingdom sector of the North Sea has pushed field production past 17,600 barrels of oil per day. Apache has a 50 percent interest in the field. The Bacchus B-1 development well, which commenced production in July, cu
54 of 108 monopile foundations and transition pieces have now been installed at the West of Duddon Sands offshore wind farm, a 50/50 joint venture between DONG Energy and ScottishPower Renewables. On Saturday 27th July, the West of Duddon Sands team complete installation of the 54th transition piece
Royal Dutch Shell’s second quarter 2013 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $2.4 billion compared with $6.0 billion in the same quarter a year ago. Second quarter 2013 earnings included an identified net charge of $2.2 billion after tax, mainly reflecting impairmen
TGS announces three new multi-client surveys; a 3D survey in UK West of Shetlands and two 2D surveys offshore Newfoundland-Labrador. Rona Ridge 2013 (RR13) is a 2,420 km2 3D survey that will provide the industry’s first 3D data in the highly prospective UK West Shetland Basin. Data processing will b
The agreement signed with the German oil and gas company Wintershall, which includes the divestment of Statoil’s share of the Brage licences, a farm-down in Gjøa and Vega, and acquisition in the Edvard Grieg licence in the North Sea, has been completed. The consideration to be paid to Statoil is USD
Jee has introduced a new addition to its growing programme of subsea training courses. The Engineering of Flexibles course provides delegates with an expert level of understanding in flexible risers and flowlines in conjunction with OrcaFlex software training. The four-day course, which is offered i
World leader for naval defence, DCNS has turned its knowledge of the sea and its unique experience of new technologies into an advantage to position itself on the renewable energy market. An ambitious plan that is already well on its way to being implemented. Energie de la houle – partenariat entre
UK Engineering firm FES International says the government’s plans to stimulate investment in the oil and gas industry are already paying dividends. The subsea specialist supplies components for the offshore industry and the major part of its business is supplying global export markets. Its products
Ithaca Energy Inc. announces that the appraisal well (7225/3-2) test programme on the Norvarg discovery located in licence PL535 in the Norwegian sector of the Barents Sea has been completed. The appraisal well was drilled approximately 275 km north of the Hammerfest LNG plant on Melkøya, in a water
Cornwall is synonymous with tin mining, having built its fortunes in previous centuries extracting and producing the metal for export around the world. Sadly in recent years the industry has all but disappeared with only shore based mining taking place in one or two sites.. The resultant impact on t
The Trans Adriatic Pipeline AG (TAP) announced that BP, SOCAR and Total – members of the international consortium developing the giant Shah Deniz field in Azerbaijan – have exercised their option to join the Trans Adriatic Pipeline AG. BP and SOCAR have each taken a 20% share while Total has acquire
