Aker Solutions and Baker Hughes agreed to cooperate on early-phase studies to help customers improve the overall economics and value of oil and gas field developments. Aker Solutions’ Front End Spectrum unit and Baker Hughes’ Reservoir Development Services group will provide customers with developme
The European Commission has released the progress report on 2020 renewable energy targets showing that the EU is on track to meet its 20 percent renewable energy goals. With a projected share of 15.3 percent of renewable energy in 2014 in the gross final energy consumption, the EU and the vast major
ACEP’s Alaska Hydrokinetic Energy Research Center (AHERC) is making preparations prior to the summer testing season. The team has been preparing the floating test platform, boats and equipment, according to ACEP’s social media. AHERC’s new research support boat, which will be used to maneuver the Mu
Norwegian Parliament has approved the plan for development and operation of the first stage of the Johan Sverdrup field in the North Sea. The development will involve investment of nearly 120 billion in the first stage. Several major contracts related to the development of the Johan Sverdrup is alre
EDF Energy Renewables will be carrying out site investigations within the area of its planned Blyth Offshore Demonstration Project during June. There are two key areas of work planned, geophysical, by EGS (International), Ltd, which looks at the seabed and geotechnical, by GEO (Denmark), which will
Atmocean, a US wave energy developer, plans to retry the deployment of its wave energy system off Peru later next week. The demonstration system will produce fresh water from salt water without producing electricity due to inexpensive Peruvian energy market. Following the unsuccessful deployment att
A recently published Ecofys’ report investigates options for enhancing the so-called ancillary services that offshore wind farm could provide to the grid, and the additional earnings that this may bring. Offshore wind farms, having a relatively stable feed-in, are particularly suitable for the provi
A recently published Ecofys’ report investigates options for enhancing the so-called ancillary services that offshore wind farm could provide to the grid, and the additional earnings that this may bring. Offshore wind farms, having a relatively stable feed-in, are particularly suitable for the provi
Plunging oil prices are moving oil companies to cut spending on exploration activity, presenting a major challenge for seismic companies globally as the most volatile and cyclical segment of the oilfield services industry, says Moody’s Investors Service in a new report published today. “We do not ex
Sabella is currently performing preparations prior to the planned installation of its 1 MW D10 tidal turbine on June 25, in the Fromveur Passage, off Ushant Island, France. According to Sabella, the cargo ship that will be used for the installation of the turbine, provided by the German-based Combi
The team behind the 100 MW Fair Head tidal energy project has announced that it has completed over 95 percent of the offshore survey work required to support the planning application for its seabed turbines. According to the project developer Fair Head Tidal Energy Park Ltd, a company comprised of D
Following a new agreement with the Government of Malaysia and Kuantan Port Authority for a 30‐year port concession, the Kuantan Port Consortium (KPC) will develop, operate and manage the Kuantan Port, which covers the existing port and a new deep water terminal (NDWT). According to the agreement sig
The team behind the 100MW Fair Head Tidal energy project has now completed over 95% of the offshore survey work required to support a planning application for its seabed turbines. The Fair Head Tidal project company says good progress is being made on the proposal to develop an array of tidal turbin
Peterson, in partnership with Veolia, has announced a £1 million investment in the development of a new, purpose built decommissioning facility in Great Yarmouth. The new site in Great Yarmouth Port, operated with joint venture partner Veolia, and developed in cooperation with the Port, and with sup
