A demonstration vehicle design that meets the challenges of cable laying for the development of offshore wind farms is being developed by IHC Engineering Business. The Hi-Traq vehicle is backed by a history of innovation. It is the result of investment in focused research and development by the comp
The German power company E.ON is pulling out from its joint project with Pelamis Wave Energy to test one of the company’s wave energy converters at the European Marine Energy Centre. The main reason for E.ON’s pulling out from the project is delays in wave technology progress, as BBC reports. Pelami
SPEX Group, an Aberdeen-headquartered provider of innovative technology solutions and services to the global oil and gas industry, has secured a further multi-million dollar contract with Shell for the development of a subsea tool. The revolutionary Emergency Severance Tool (EST) is due to undergo f
A report into the state of Europe’s offshore wind sector by international law firm Freshfields Bruckhaus Deringer has revealed how uncertainty around subsidies and the need to unlock new capital are holding back investment in the development of European offshore wind farms. The report ’European Offs
OMV has been awarded six additional offshore exploration licenses in Norway, acting as operator for two of them. The licenses were awarded by the Norwegian Ministry of Petroleum and Energy out of the 22nd Exploration license round. The signing with the Ministry took place on Friday, June 28. These a
Tocardo Tidal Turbines, producer of tidal and free-flow water turbines, and leading international law firm Clifford Chance have entered a strategic business partnership. The deal will enable Tocardo to access specialist legal and administrative support for tidal energy projects worldwide. Clifford C
Offshore chemical engineering specialist Aubin has launched a new integrity management and subsea division in response to demand from the oil and gas industry. The division will provide ground-breaking solutions to urgent challenges facing operators of aging offshore infrastructure both in the UKCS
Nordic marine energy technology leader Minesto has developed a simulator to aid the development of its Deep Green marine power plant. Deep Green is the only marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents. The simulator has been deve
Leading global companies Costain, Atkins, and Van Oord have reached agreements to partner with Tidal Lagoon Power Limited to design, build and deliver the world’s first tidal lagoon in Swansea Bay, Wales as the company prepares for formal consultation due to begin on Thursday 4 July. Costain is one
Government ministers, including energy minister Michael Fallon, and MPs will this week be warned that failure to support subsea technology and skills programmes could impact on UK oil production levels and export revenues. At a reception in Westminster on Wednesday 3rd of July, Subsea UK will unveil
Coastline Surveys has been awarded a substantial contract at Seawork this week to carry out berth seabed and cable burial surveys for a European wave energy test site. The company has invited Innovatum to provide its new Cougar XT ROV fully equipped with a magnetic cable tracking system to assist on
Statoil ASA has together with its partners Eni Norge AS and Petoro AS made a small gas discovery in the Nunatak prospect in PL532 in the Barents Sea. Well 7220/5-2, drilled by the rig West Hercules, encountered gas in rocks of Cretaceous age. Based on the present evaluation the discovery is consider
Ithaca Energy Inc. reports estimated second quarter 2013 production results and provides an operational update ahead of its 2013 Annual and Special Shareholders Meeting. Q2-2013 Production With three days to the end of the quarter, net export production in Q2-2013 is anticipated to be close to 14,00
For the first time oil and gas operators are offered with the opportunity to scan from the outside, of any coated pipeline without process intervention for both flow assurance and integrity issues. Tracerco’s ground breaking technology has resulted in a simple, low risk, rapid solution to gain infor
