Financing for the Nord Stream project is secured: Today, the company together with its shareholders in the consortium, OAO Gazprom, E.ON Ruhrgas AG, BASF SE/Wintershall Holding GmbH, N.V. Nederlandse Gasunie, and GDF SUEZ S.A. announced the successful signing of Phase II financing of the pipeline pr
FoundOcean has been awarded the offshore grouting contract by SBM Offshore for the MOPUstor Phase 2 installation in the Yme Oil Field, North Sea. Grouting equipment has been mobilised and set up on the work vessel, and a suitable work window is awaited prior to mobilisation of the 12-man crew. The M
Kongsberg has completed the world’s longest multi-sensor AUV pipeline survey using one of its cutting-edge HUGIN 1000 Autonomous Underwater Vehicles (AUV). The pipeline inspection took place February 9th – 11th 2011, in the Hjelte fjord near Bergen, Norway and the HUGIN 1000 was operated from the Ro
Experience VideoRay ROVs and UK VideoRay distributor Atlantas Marine in Stand S7 at Ocean Business 2011, Southampton, UK April 5-7 2011. Stop by Ocean Business 2011 Stand S7 and visit with representatives from VideoRay, the Global Leader in MicroROV Technology, and Leading UK VideoRay Distributor At
Transocean Ltd. announced that the Board of Directors is recommending that the company’s shareholders approve at the 2011 Annual General Meeting the election of Steve Lucas as a Class III Director for a three-year term. Mr. Lucas is the retired Group Finance Director of National Grid plc and has pre
Ocean Power Technologies has begun sea trials of the PB150 PowerBuoy 33 miles off the coast of Invergordon, Scotland. (theglobalherald) [mappress] Source: theglobalherald, March 02, 2011
Subsea 7 S.A. announced the publication of the following documents relating to fiscal year 2010, which ended on November 30, 2010: 2010 Annual Report and Financial Statements 2010 Annual Report on Form 20-F 2010 Annual Accounts for the Luxembourg holding Company The Company advises that the 20
During 30 years as a commercial diver Bob Durrant was often intrigued by the impact discarded car tyres had on the seabed. So instead of retiring, he launched a company to investigate whether linked tyres could prevent sand scouring which causes problems for turbines, cables and other subsea structu
This frame agreement will allow Technocean AS, a subsidiary of Reef Subsea AS, to act as a partner to Technip Norway and other Technip Group companies for subsea services in the NCS (both Norway and UK) and Canada according to pre-agreed terms. Technocean will perform its commitments calling on its
Infinera has been selected by MedNautilus to upgrade its subsea network for the speed of deployment and scalability of the Infinera submarine solution. MedNautilus, the Mediterranean operations of the Telecom Italia Sparkle Group and the first and only protected submarine ring-configured backbone in
The EPIC project with Statoil, an internationally renowned energy company, is worth approximately US$41 million and will involve EMAS AMC supplying and installing 55km of power cables along with associated terminations and ancillaries for the Gudrun field in the North Sea. State-of-the-art multipurp
YSI, along with two of its divisions—SonTek/YSI and YSI Integrated Systems—will be demonstrating three systems which can deliver cost-saving solutions for oceanographic data collection at the Ocean Business Exhibition. On Tuesday, April 5, YSI will demonstrate a new, simple, fast and accurate CTD, t
Six engineers from Narec’s offshore wind and marine renewable teams will spend this week at the The National Renewable Energy Laboratory (NREL) in Boulder, Colorado. Invited by NREL, as part of a Crada research agreement between the two centres to share resources and experiences in the development o
Endeavour International Corporation announced the United Kingdom Department of Energy and Climate Change (DECC) has approved the Rochelle Field Development Plan (FDP) for Block 15/27 in the Central North Sea, now known as East Rochelle. This approval represents phase one of the development of the Gr
