Operations & Maintenance
TGS Sees Revenue Slashed
TGS has recorded a drop in operating revenues of more than 50 percent in the fourth quarter 2015 compared to a year-ago period, and expects its full year revenues to be chopped by some 33 percent as the weak market continues to pressure seismic players. Namely, the Q4 2015 net operating revenues amo
UK: Union Wants No Hold-Up on Decommissioning
GMB, the union for workers in energy industries and the offshore supply chain, has called on the UK Government to ensure there are no delays in offshore decommissioning to help protect thousands of supply chain jobs. Namely, according to GMB, there is no ‘logical case’ for delaying decisions since t
Polarcus Lands Restructuring Deal
Seismic player Polarcus has gained support from key stakeholders for restructuring of its balance sheet, the company said Wednesday. According to the Oslo-listed company, the restructuring should reduce Polarcus’ debt level with renegotiated lease terms and the introduction of new call option prices
A2SEA Prepping for Formosa 1 Gig
A2SEA is currently planning the installation of two foundations and two Siemens 4MW turbines on the Taiwanese project Formosa 1, scheduled to start in June 2016. The foundations and turbines will be installed by M/V Torben, formerly known as Friedrich Ernestine. A2SEA is operating the vessel under a
A2SEA Prepping for Formosa 1 Gig
A2SEA is currently planning the installation of two foundations and two Siemens 4MW turbines on the Taiwanese project Formosa 1, scheduled to start in June 2016. The foundations and turbines will be installed by M/V Torben, formerly known as Friedrich Ernestine. A2SEA is operating the vessel under a
BVG Associates: 2016 Is the Year of New Offshore Wind Markets
There is every reason to believe that 2016 will see a series of developments for renewable energy, especially in new markets in offshore wind, according to Bruce Valpy, Director at BVG Associates. The year ahead of us will see the commissioning of the first offshore farm in the US, at Block Island,
BVG Associates: 2016 Is the Year of New Offshore Wind Markets
There is every reason to believe that 2016 will see a series of developments for renewable energy, especially in new markets in offshore wind, according to Bruce Valpy, Director at BVG Associates. The year ahead of us will see the commissioning of the first offshore farm in the US, at Block Island,
Frost & Sullivan Releases Report on Innovations in Anti-Corrosion Technologies for Offshore Structures
Frost & Sullivan published a report on anti-corrosion technologies for offshore structures on 24 December, 2015. The recent boom in the oil and gas sector, especially in North America is driving growth opportunities for anti-corrosion coatings in the offshore oil & gas segment while other industries
ORE Catapult, Atlantis to test next-gen turbine for MeyGen
The Offshore Renewable Energy (ORE) Catapult and Atlantis Resources have announced the testing of Atlantis’ AR1500 1.5 MW tidal turbine at National Renewable Energy Centre in Blyth, UK.
Longyuan Power Hooks Up First Four Turbines off Nanri Island
Chinese utility Longyuan Power Group Corp connected to the grid the first four wind turbines at the 400MW Longyuan Putian Nanri Island wind farm on December 21, the company’s parent said in a release. The four 4MW Siemens SWT-4.0-130 wind turbines are situated in the waters off the city of Putian, F
Statoil in Norway CCS Study
The Ministry of Petroleum and Energy has signed an agreement with Statoil on a feasibility study regarding CO2 storage on the Norwegian Continental Shelf (NCS). Reportedly, the study will include various development concepts for storing CO2 at three different locations on the NCS. The study is to be
2015 Best Ever for British Wind Energy Generation
New official statistics from UK’s National Grid show that 2015 was a record year for wind energy generation, with onshore and offshore wind farms supplying their largest ever amounts of clean electricity to Britain’s homes, factories and offices, according to RenewableUK. Overall, 11% of the UK’s el
Most viewed galleries of 2015
Tidal Energy Today has compiled the galleries that you viewed most in 2015. PolyGen’s Volta wave energy device PolyGen, a UK-based wave energy developer, deployed a full-scale Volta wave energy device at the wave energy test site FaBTest, off Falmouth, Cornwall, in August, 2015. After 100 days at se
Opus Tiger Class Drillship Passes Second Round of Sea Trials
CSSC Shanghai Shipyard-built Opus Tiger-1 drillship has completed the 12-day second sea trial in East China Sea. The trial, in water depth of some 82 meters, was focused on the mooring system and drilling system integrated acceptance test. The drilling package, designed and manufactured by Honghua G