Gassco has recommended that oil from the Edvard Grieg and Ivar Aasen discoveries in the Norwegian North Sea is landed at the Sture terminal near Bergen. The Ministry of Petroleum and Energy (MPE) commissioned pipeline operator Gassco in February to assess infrastructure solutions for oil from future
Mitsubishi Electric Corporation announced that it has completed work on the India-Middle East-Western Europe (IMEWE) Cable Network to upgrade the submarine cable network with 40 gigabits per second (Gbps) dense wavelength division multiplexing (DWDM) technology. The upgrade involved installation of
Havila Shipping ASA delivers a strong third quarter. Pre-tax result is NOK 21.1 million. The positive third quarter result brings the offshore company into black for the year to date with a positive result before tax of NOK 6.8 million, an improvement of around NOK 90 million on the third quarter 20
CGGVeritas announced its non-audited third quarter 2012 consolidated1 results. All comparisons are made on a year-on-year basis unless stated otherwise. Third quarter results – Revenue totaled $855 million, up 7% – Operating income increased by 17% to $114 million, a 13% margin – Services operating
After completing the world’s first solar-powered journey around the world, the famous catamaran has found a new occupation for the New Year. is intended to be the mode of transport for the Deepwater Project, a scientific mission led by the University of Geneva (UNIGE) to collect data on the Gulf Str
Réseau de transport d’electricité SA (RTE) is seeking for a contractor to provide hydrographic services in France. As part of the environmental impact studies underway for projects with connections to offshore wind farms (only “export” cables), samples and benthic analyses are needed to establish th
The announced salvage operation of capsized Costa Concordia cruise ship is in the full swing. An American-owned specialist marine salvage and wreck removal company Titan Salvage alongside with Italian firm Micoperi have been awarded a Costa Concordia wreck removal contract in April. Together they pr
Osiris Marine Services announce successful completion of diving works on the Lincs Offshore Wind Farm. Supporting offshore foundations market leader MT Højgaard with Diving, ROV, Confined space and tower climbing services continuously for 18 months, Osiris Marine Services played a significant role i
Det norske oljeselskap ASA reports an increase in contingent resources in the third quarter due to the Geitungen discovery, which now constitutes part of the Johan Sverdrup discovery. The Ivar Aasen project made good progress in the quarter, and Plan for Development and Operation (PDO) will be submi
Aker Solutions’ operating revenues were NOK 11 158 million in the third quarter of 2012. Year-to-date revenues are 32 per cent higher than in the first nine months of 2011. Quarterly earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 1 122 million with a margin of
Helix Energy Solutions Group’s new T1200 burial and trenching unit is quickly establishing a positive track record following the completion of an oil and gas project in the North Sea. The T1200 features a 1,200hp jet trenching spread, capable of burying product in water depths to 3,000m (10,000ft).
Statoil recommends a timeline for joint power supply from land to the Edvard Grieg, Ivar Aasen, Johan Sverdrup and Dagny fields, which will start power deliveries to this area of the Utsira High in the North Sea from 2018. The recommended proposed timeline for an area solution for joint power supply
Marine solutions company, Offshore Marine Management (OMM) has recently been awarded a three (3) year survey frame agreement from TenneT Offshore GmbH. The Survey & Subsea department of OMM will fully support the agreement, which commences with immediate effect, from their Cambridge Operations offic
TGS reports net revenues of USD 245 million in Q3 2012, compared to USD 136 million in Q1 2011, a 53% increase. This is the highest quarterly revenue figure in the Company’s history. Net late sales totaled USD 139 million, up 53% from Q3 2011. TGS’ operating profit (EBIT) was USD 101.3 million (41%
