On Wednesday, May 7, the U.S. Department of Energy’s (DOE) Water Power Program will hold an informational webinar on the Marine and Hydrokinetic (MHK) Demonstrations regarding the recent announcement of funding opportunities at Navy’s Wave Energy Test Site. The Energy Department-supported demonstrat
Statoil Petroleum AS, operator of production licence 090, is in the process of concluding drilling of wildcat well 35/11-17. The well was drilled about one kilometre south of the Fram field in the North Sea. The well’s primary exploration target was to prove petroleum in Middle Jurassic reservoir ro
NCS Subsea, GeoTrace and SpecPartners have announced the start date for a multiphase large scale innovative project called SAFE-BAND. It will be the first Multi-Client geohazard survey on a regional scale utilizing Ultra-High-Resolution 3D Seismic (UHR3D). The combination of the P-Cable Technology a
The GICON Group will receive a pro-rata funding of EUR 5.25 million from Mecklenburg-Vorpommern’s Ministry of Economy, Construction and Tourism for their floating offshore foundation, the GICON® SOF. The official notification of the funding confirmation secures fabrication, construction and testing
The GICON Group will receive a pro-rata funding of EUR 5.25 million from Mecklenburg-Vorpommern’s Ministry of Economy, Construction and Tourism for their floating offshore foundation, the GICON® SOF. The official notification of the funding confirmation secures fabrication, construction and testing
Aker Solutions’ revenue rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion a year earlier, driven by sales of subsea products and services, single drilling equipment and umbilical systems in the U.S. and Norway. Revenue also increased in the process systems unit, bolstered b
TGS announced a 2D seismic reprocessing project in the Barents Sea Southeast in preparation for the Norwegian 23rd licensing round. The underlying data, acquired in 2011 and 2012, is owned by the Norwegian Petroleum Directorate (NPD) and covers an area of more than 18,000 km. TGS has been applying t
The search for missing Malaysia Airlines flight MH370 is commencing a new phase and will transition over the coming weeks to an intensified undersea search. In the meantime Bluefin-21, which has completed its search of the 314 square kilometre area around the detections made by the Towed Pinger Loca
Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry. The Subsea, Umbilicals, Engineering and Maintenance, Modifications a
MARINET, a network of research centres and organisations funded by the European Comission, has entered the last stages of testing its Round Robin device. MARINET, a network of research centres and organisations co-funded by the European Commission, has entered the last stages of Round Robin testing
Last week, 100 participants from 15 countries took part in a workshop in Stavanger to discuss issues regarding safe handling and storage of CO2. The workshop was headed by the European Association of Geoscientists and Engineers (EAGE), and the target group was scientists and experts from academia an
MarketsandMarkets released the report “Subsea Well Access and BOP System Market Global Trends & Forecasts to 2019” which defines and segments the global well access and BOP market with analysis and forecasts of the global revenue. The global subsea well access market is estimated to grow from over $
The third step of tidal energy testing called Round Robin took place at CNR-INSEAN this month. Comparisons were based on the performance measurements of the device (torque and thrust) in a flow velocity range from 0.6 to 1.2 m/s, as was done in the first and second leg of testing. The use of the sam
The Marine Energy Research Innovation and Knowledge Accelerator (MERIKA) Project was officially launched by the Project Manager Damian Collins last night at the EIMR conference in Stornoway on the Isle of Lewis. MERIKA is an ambitious initiative by University of the Highlands and the Islands (UHI),
