Operations & Maintenance
SURF Market at $7.7 Bln in 2015, Report Says
With oil & gas production from mature fields declining, prospects offshore and in deeper waters are attracting more attention as a source to meet increasing oil & gas consumption. Such projects require Subsea Umbilicals, Risers & Flowlines (SURF) to be developed. According to visiongain’s analysis t
Interoute Sets Up New Fibre Route in Southern Italy
Interoute has added a third route to access its pan European fibre network, from two of its submarine cable landing stations in Southern Italy. The new 1,300 km stretch of fibre is part of Interoute’s 7,000 km Italian network, which helps make up its 67,000km pan European platform. The new route wil
Innovate UK Boosts Marine Autonomous Systems Growth
The National Oceanography Centre (NOC), along with nine UK partners from across industry and academia, has won funding from Innovate UK to enable £2.9 million worth of collaborative research & development for Marine Autonomous Systems. Starting later this year the projects will see NOC working close
Archer Conducts PP&A Ops on Heimdal Platform
Archer, a global supplier of drilling and well services, has started operations to permanently plug and abandon (PP&A) 12 gas wells on Statoil’s Heimdal platform in the Norwegian North Sea. John Lechner, President North Sea and Executive Vice President, Archer, said: “I am very pleased with the exce
EMEC: Cable strumming poses the greatest risk for subsea cables
EMEC and the Crown Estate have issued a report on the performance of subsea cabling in high energy environments to support the development of commercial wave and tidal energy sites. Sub-sea Cable Lifecycle Study aims to improve industry’s understanding of the best ways for managing subsea cables for
GE Lands $850 Mln Order for OCTP (Ghana)
GE has secured an $850 million deal across its oil & gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. According to GE, this order incorporates both turbomachinery and subsea elements, with the first shipment planned for Q4 2015. Further shipments are pl
Aker Solutions Optimistic in Longer Term
Norwegian oil services company, Aker Solutions, has presented five strategic objectives after splitting in two in September last year. “The split allows us to reduce complexity, build on synergies and bring down costs, which makes us much better equipped to respond to the needs of customers in the 2
Searcher, MAGE in Echidna Seismic Survey
Searcher Seismic in cooperation with MAGE, announced the start of acquisition of the Echidna Regional Broadband 2D seismic survey. Comprising of approximately 9,000 km of high quality, long-offset broadband 2D seismic data, the Echidna survey will be the first comprehensive well-tie survey covering
Westermeerwind OWF Monopile Installation Begins
The construction of the offshore wind farm Westermeerwind has started with the installation of the first monopile foundation at the IJsselmeer, the Netherlands. The monopiles were transported from Vlissingen to the project site located between 500 and 1200 meters from the coast of Noordermeer Dijk.
Petrobras: P-61 Begins Production in Papa Terra Field
Petrobras has started production on platform P-61 in Papa Terra field, located near the southern perimeter of the Campos Basin (State of Rio de Janeiro), 110 km off the coast of Brazil and with a water column of 400 to 1,400 m. Moored in waters 1,200 m deep, the P-61 completes the production system
Image of the day: SR2000 tidal turbine assembly
SR2000 tidal turbine assembly well underway at Harland & Wolff’s facility, UK. Scotrenewables Tidal Power’s SR2000 tidal turbine will have a rated capacity of 2 MW at 3 m/s flow. It builds upon the SR250 tidal turbine prototype, with design and capacity improvements. It consists of a 64 m floating h
Van Oord Profit Slips
Dutch contractor Van Oord has posted lower earnings, despite record revenue, due to settlements reached on outstanding claims that arose in the Dubai era. In the year 2014, the company recorded net profit of €119 million, an 8 percent drop compared to €130 million net profit in 2013. Revenue, howeve
WERPO gets financial boost
WERPO, an Israeli wave energy developer, has received a line of credit from the Mercantile Discount Bank. The funding is expected to cover the financial needs of Wave Electricity Renewable Power Ocean (WERPO) for the next 2-3 years, the company’s press release reads. Shmuel Ovadia, Director and inve
X-Subsea Norway Goes Bankrupt
Dredging and excavation specialist X-Subsea’s Norwegian division has been declared bankrupt. The Mandal-based division, which currently employs 47 people, has failed to secure a financial boost after its parent company Reef Subsea Norway filed for bankruptcy earlier in February this year, causing a