Operations & Maintenance
Wave Energy Scotland recruiting for two managerial positions
Highlands and Islands Enterprise has released new job opportunities at Wave Energy Scotland (WES): Programme Manager and Innovation and Research Manager. The deadline for applications is on Tuesday, 19 May 2015. Programme Manager will have a key role in supporting WES establishment and operation, an
Saipem Greenlights ShawCor’s South Stream Contract
ShawCor informed that its Canusa-CPS division has received notification from Saipem SpA that the suspension of the work on the Saipem contract in relation to South Stream Pipeline has been lifted with immediate effect and that work on this contract is to be resumed. The notification follows Saipem’s
Fugro Discovers Shipwreck While Looking for MH370
Fugro Equator’s deep tow system detected a cluster of small sonar contacts in the southern part of the search area, 12 nautical miles to the east of the 7th arc. The sonar data was carefully analysed and categorised as Class 2, “of potential interest but unlikely to be related to MH370.” It could no
Swiber Profit Dips to $70K
Singapore-listed EPIC contractor, Swiber, has just barely remained in black for the three months ended March 31, 2015 (1QFY15) as it prepares for a business recovery in the coming months. In the first quarter 2015, Swiber recorded net profit of US$70,000 compared to US$52.8 million in 1Q2014. The co
Magseis Posts Quarterly Loss
Norwegian geophysical contractor, Magseis, has reported net loss of USD 6.5 million or NOK -0.24 basic earnings per share in the first quarter 2015, compared to net loss of USD 3.9 million or NOK -0.21 basic earnings per share during Q4 2014. The Oslo-listed company has also seen its revenues drop a
Carnegie: CETO 6 Geophysical Survey Starts Off Australia
Wave energy developer Carnegie Wave Energy Limited informed that the offshore geophysical survey activities started this week on its CETO 6 Project off Garden Island, Western Australia. The findings of these activities will influence elements of the CETO 6 Project, such as foundation selection, cabl
Geophysical survey for CETO 6 project begins
Carnegie has started geophysical survey activities for CETO 6 project that will influence the future project development. The findings of the geophysical activities will influence elements of the CETO 6 project, such as foundation selection, cable route and overall installation methodology, Carnegie
Atkins in Decommissioning Contract with Centrica
Atkins has been awarded a multidisciplinary pre-FEED (Front End Engineering Design) decommissioning contract with Centrica Energy. The agreement applies to any fields Centrica decides to decommission in the UK or Netherlands during the contract period. Alex Campbell, managing director of Atkins’ oil
FORCE expands its team for upcoming tidal activites
The Fundy Ocean Research Center for Energy (FORCE) has welcomed new board and staff members in order to meet the increased activities at tidal energy research sites. FORCE welcomes Joe Fitzharris as the chair of the board of directors. Joe has previously served as an independent director at FORCE, a
GC Rieber Slips on Strong Dollar
GC Rieber Shipping has posted a net loss of NOK 36.3 million ($4.9 million) in the first quarter 2015, versus a net profit of NOK 41.2 million ($5.5 million) in first quarter 2014. According to the company, weakening of NOK against USD in the quarter resulted in unrealised currency loss of NOK 72.7
Vard Down on Forex, Aims to Streamline Cost Structure
Shipbuilder and designer of offshore and specialised vessels, Vard Holdings has seen its profits slip into the red on unrealized foreign exchange losses, despite increase in turnover. Vard generated revenues of NOK 3.06 billion for the first quarter of 2015, up from NOK 2.67 billion in the correspon
Eni to Conduct Manned Underwater Ops at Goliat
Eni Norge AS has received consent for manned underwater operations connected with the Goliat facility. Eni Norge AS (Eni) is the operator of the Goliat field, which is located on the Tromsøflaket bank around 85 km north-west of Hammerfest. The field is being developed using a floating production, st
New Cross Pacific Subsea Cable Construction Starts
The NCP consortium, comprised of China Mobile, China Telecom, China Unicom, Chunghwa Telecom, KT Corporation, Microsoft, SoftBank Mobile Corp, and TE SubCom, a TE Connectivity Ltd. company, announced that the New Cross Pacific (NCP) Cable Network has started construction. Spanning more than 13,000 k
Perpetuwave presents Xtracta wave energy device
Xtracta wave energy device uses hybrid float energy extraction/PTO system to produce electricity from waves. The Xtracta design is a Hybrid Attenuator – point absorber where sequential energy pulses provided by an attenuator are combined with a wide capture width of the device. The device comprises