The Gazprom Management Committee took note of the progress with the Program for hydrocarbon resources exploitation on the Russian Federation shelf until 2030. It was mentioned that the Russian continental shelf was a region of the Company’s strategic interest. A large hydrocarbon production center w
Study areas for the six Danish sites designated for offshore wind farms are now established and Energinet.dk is ready to initiate feasibility studies and environmental impact assessments (EIA) for offshore wind farms, landfall cables and facilities for connection to the mainland. The six areas inclu
Scotland’s longest commercial deep-water berth has been created in Orkney with the completion of a new extension at Hatston Pier. The 160-metre extension to the existing 225-metre pier will be officially opened next week by Neil Kermode, Managing Director of EMEC, the Orkney-based European Marine En
Alcatel-Lucent and the West Africa Cable System (WACS) consortium have signed a contract for the maintenance of more than 9,000km of the WACS system linking South Africa to Portugal. In commercial service since May 2012, WACS interconnects 13 African countries, unleashing a new wave of broadband cap
On April 23, 2013, Technip’s Board of Directors approved the unaudited first quarter 2013 consolidated financial statements. Thierry Pilenko, Chairman and CEO, commented: “In the first quarter we grew revenue in both our segments, reflecting the strong project awards over the last two years. Subsea
Ulstein Group delivers a good result for 2012 with an operating income of NOK 2.27 billion and an operating profit of NOK 228 million. “We deliver a good result in a demanding market thanks to our competent and hardworking employees and an organisation that provide for execution and delivery precisi
TGS reports net revenues of USD 211 million in Q1 2013, compared to USD 191 million in Q1 2012, a 10% increase. The Company’s operational multi-client investments were USD 126 million, up 24% from Q1 2012. TGS’ net late sales totaled USD 127 million, up 12% from Q1 2012. 1st QUARTER HIGHLIGHTS: – Co
TAQA announced that the development plan for its Cladhan field (Blocks 210/29a and 210/30a of the northern North Sea) has been approved by the UK government. The initial phase of development will consist of two producer wells and one injection well. Cladhan is expected to produce over 17,000 boe/d i
Scottish-based FoundOcean, the world’s largest dedicated offshore construction grouting company, announced its 2012 year-end results which saw turnover hitting £17.9 million, up 51% on the previous year. FoundOcean’s Managing Director, Jim Bell sheds light on how the company has recorded successful
MMT have successfully completed a survey which includes collection of parametric sub-bottom profile (SBP) data with a Kongsberg TOPAS PS 40 system. The system was hullmounted on MMT’s survey vessel Triad. The survey covered an area of 6000km2 in the Baltic Sea with an extensive amount of data. The S
Viper Subsea has seen revenues rise by 60% in the last financial year and is expecting similar or greater increase in this financial year as the innovative Bristol based company continues to enjoy rapid year-on-year growth. Established in 2007 with a remit to provide the subsea oil and gas market wi
As revealed at Ocean Business, Osiris Projects have recently upgraded their geophysical data acquisition suite to include the latest DA4G platform from CodaOctopus, as well as signing up for their new Survey Engine™ Sidescan+™ software. Operations Manager for Osiris Projects, Iain Bones, said: “Havi
The work for the network connection of the second German offshore wind farm in the Baltic Sea, the EnBW Baltic 2, is in progress. The vessel Aura rinsed the first submarine cable section into the Baltic ground, on Saturday, 20 April 2013, for the connection of Baltic 2. A total of sixty kilometers o
Intertek Energy & Water consultancy services (formerly Metoc), is undertaking specialist studies for Tidal Lagoon Swansea Bay Ltd, to assess the potential impact of a tidal lagoon on marine water quality. Intertek is the leading quality solutions provider to industries worldwide. The Swansea Bay pro
