FoundOcean hit a milestone in its 45 year history in November, with a record number of personnel mobilised on offshore projects. “This is a very exciting and busy time for FoundOcean. The success of the company relies on the dedication and skill of our offshore personnel who provide our clients with
University College Cork (UCC) scientists have produced the first detailed charts of part of Ireland’s offshore bedrock geology, using… LORNA SIGGINS (irishtimes) [mappress] Source: irishtimes , December 12, 2011; Image: Infomar
Teachers and career advisors were invited to see firsthand the innovations in the energy sector from the businesses behind the leading technologies. The ‘Energising Schools Initiative’ took place on 15 November at this year’s SPE ICoTA European Well Intervention Conference and Exhibition. Organised
Fortum and Seabased AB have signed an agreement on the construction of a joint wave power park in Sotenäs, Sweden. After completion, the wave power park will be the world’s largest, full-scale demonstration project of its kind. The total budget for the project is about 25 million euros, of which For
Centrica, operator of production licence 405, has completed the drilling of wildcat well 8/10-4 S and appraisal well 8/10-4 A. The wells were drilled about 13 kilometres east of the Ula field in the southern part of the North Sea. Well 8/10-4 S encountered oil in a 55-metre gross column in the Ula f
Hydrasun, announced it has seen strong growth in both its domestic and international markets over the last year. Chief Executive Bob Drummond announced that for the current year to date there had been a rise in sales of 25% on the previous year meaning the company was forecast achieve turnover of £8
Reference is made to the stock exchange notices dated 18 November 2011 regarding SeaBird Exploration PLC signing a share and purchase agreement with Fugro Norway AS related to Fugro’s acquisition of SeaBird Technologies AS and Seabed Navigation Co Ltd which collectively hold all of the Company’s rig
Experts from Scotland’s world-leading wave and tidal testing hub the European Marine Energy Centre (EMEC) are to collaborate with their marine energy counterparts from the Ocean University of China (OUC) in Shandong Province under a new partnership announced by the First Minister Alex Salmond. The
ABB, the leading power and automation technology group, will invest over $ 400 million to double the capacity of its high-voltage cables manufacturing facility in Karlskrona, Sweden, to meet growing demand for subsea cables. The investment plan includes construction of new buildings and installation
Aker Solutions will announce at the company’s capital markets day that it is maintaining its ambition of 9-15 percent annual revenue growth for the period 2011-15 due to a favourable market outlook for the oil services industry. The company also maintains its ambitions of 3-4 percentage points EBITD
Total, operator of the Elgin/Franklin fields in the British sector of the North Sea, announces the purchase of GDF SUEZ’s share in the two fields for an enterprise value of €590 million. This participation is held through a 22.5% interest in the company Elgin Franklin Oil & Gas (EFOG). By giving Tot
Northern announces that on 29th November 2011 it completed a 600km 2D seismic survey in offshore Southern Adriatic covering two licences – F.R39.NP & F.R40.NP. Seismic acquisition commenced on 23rd November 2011 using the vessel ‘M/V Princess’ contracted from CGGVeritas S.A and was completed within
The appointment of Arthur Hollmann has enabled Bluestream Offshore to gain a vital foothold in the Explosive Ordnance Disposal (EOD)… IRO [mappress] Source: IRO , December 06, 2011
The MV “Lone” is now in the last stages of upgrading her existing DP 1 system to a DP 2 system. In dry-dock at the German shipyard Norderwerft, the vessel received one additional 1,200 kW bowthruster, two retractable azimuths of 1,200 kW each and three 1,600 kW auxiliary engines to secure the power
