Solstad Offshore ASA (SOFF) has entered into an agreement with Subsea 7 International Contracting Limited (Subsea 7), where by Subsea 7 will aquire 50% of the CSV “Normand Oceanic” through purchase of shares in a single purpose company to be incorporated. “Normand Oceanic” was delivered to SOFF from
Vallourec, world leader in premium tubular solutions, presents its patented PREON® marine tubes system designed to anchor offshore wind turbines to the seabed. Developed by Vallourec’s R&D teams, this solution will mean that offshore wind turbine foundations can be installed with less effort, noise
Today, DNV acquires Vattenfall’s shares in STRI to expand its presence in the power transmission sector. “The purchase of 12.5% shares in STRI (Swedish Transmission Research Institute) is a natural step in our drive to support both the electrification of the oil and gas industry, as well as the inte
Statnett SF and National Grid International Ltd have awarded MMT (Sweden) the marine survey contract for the NSN Seabed survey, a power transmission link between Norway and UK. Statnett and National Grid are jointly developing a project to construct a High Voltage Direct Current (HVDC) electrical in
Subsea 7 S.A. announced the award of a SURF contract valued at approximately $175 million from ATP Oil & Gas (UK) Limited/Bluewater, the operator on the Cheviot Field, situated 120km East of Shetland. The Cheviot Field development will use a moored floating process facility which will import oil and
Nordic Capital Fund VII announced the acquisition of Bladt Industries A/S from Maj Invest Equity, Industri Udvikling and Bladt management. Bladt, headquartered in Aalborg, Denmark, is an international steel contractor specializing in large-scale and highly complex steel structures. The Company serve
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering announces its interim results for the six months to 31 December 2011. Highlights Financial · 24% increase in sales revenue to £9.3m (2010:
In 2012 Gazprom will launch gas production from the Kirinskoye gas and condensate field on the Sakhalin shelf as part of the Sakhalin III project. For the first time ever natural gas will be produced by a subsea production system in Russia. By the moment, a gathering manifold to intake gas mixture f
Global leader in subsea and offshore grouting, FoundOcean announces that its expanded Offshore Service Base in Livingston, Scotland will see it doubling the number of employees the company has based there, including offshore personnel. A specialist provider of support services for the energy constru
ITF, the oil and gas industry technology facilitator today announced new membership agreements with two major global service companies. Through their membership, Petrofac and Siemens will join other high profile energy players in supporting new technologies through the ITF model to tackle global ind
Kongsberg Maritime Germany opens the renewed and extended CS department on 13. April 2012. After three months of office rebuilding and adding new premises, Kongsberg Maritime Hamburg is proud to announce the opening of its Regional Support Office by new office space, warehouse and workshops. “Contin
Following the success of the preliminary geotechnical coring programme in 2010, Fugro has successfully performed a detailed geophysical survey of Navitus Bay for Eneco Round 3 Development Ltd. Navitus Bay is to the west of the Isle of Wight and lies within Zone 7 of the Crown Estate’s Round 3 UK off
Kvaerner has signed a contract with Statoil for dismantling and recycling of redundant offshore installations. The contract is for dismantling of the jacket and adjacent bridge foundation belonging to the previously removed Ekofisk 2/4-S platform. The jacket has a total weight of 9000 tonnes and the
Despite of the fast development of EU wave and tidal power technology due to the shortage of governmental financial support and that of big investors, considerable time will have to pass before this sector becomes a reliable source of energy, Euractiv informs. According to renewables manager at UK c
