Statoil’s first quarter 2014 net operating income was NOK 51.4 billion, a 35% increase compared to the first quarter of 2013. Adjusted earnings were up 9% to NOK 46.0 billion. “We are pleased to present strong financial results for the quarter. Higher prices and good results from our US gas value ch
According to a report by Deloitte, the world wide brand gathering consultancy and advice specialists, there is a large area north of the Wadden Sea that is particularly suitable for the development of offshore wind energy. However, this zone is currently allocated to the Dutch Ministry of Defence fo
In the new “Wind Energy Report Germany 2013” Fraunhofer IWES researchers confirm that offshore wind energy is increasing worldwide. While the UK is leading with 50% offshore market share, more than 2 GW are under construction in Germany. Japan enters the offshore market with prototypes of floating t
6 Alpha Associates, the strategic advisor for managing high risk offshore initiatives, has signed a long-term framework contract with TenneT, the European grid operator responsible for connecting offshore wind projects to the German electricity network. The agreement will see 6 Alpha Associates prov
AGR has been awarded a frame agreement with Det norske to provide well services and consultancy resources to the operator’s projects on the Norwegian Continental Shelf (NCS). The frame agreement starts May 1, 2014 with duration of three years. The possible additional two plus two years’ extension wi
Trelleborg’s offshore operation has been awarded its Licença Municipal de Operação (LMO) certification; a municipal license which permits the company to manufacture in Brazil. As a result, Trelleborg has received and delivered its first order for its Vikotherm PT thermal insulation tape, manufacture
Orion Energy Centre (OEC) has recently completed a project for one of its first commercial customers, Resolute Marine Energy, Inc. (RME), a US-based wave technology developer with headquarters in Boston, Massachusetts. OECs facilities and expertise will be used to carry out scale model wave tank tes
A comprehensive study into capital dredging released by Ports Australia reveals that modelling and monitoring programs across Northern Australian ports including Abbot Point confirm environmental impacts are well understood and managed. NQBP supports these findings and states that the extensive rang
Orion Energy Centre (OEC) has recently completed a project for one of its first commercial customers, Resolute Marine Energy, Inc. (RME), a US-based wave technology developer with headquarters in Boston, Massachusetts. OECs facilities and expertise will be used to carry out scale model wave tank tes
Monopiles and jackets will likely dominate the market during the next decade, said Marc Seidel, Leading Expert on Offshore Engineering at Senvion SE, in his new paper called “Substructures for offshore wind turbines – Current trends and developments.” Mr. Seidel gave his view on the development of s
Autonomous Surface Vehicles (ASV) Ltd complete the second phase of a marine target drone programme with South Korea. Following the initial phase, completed in November 2013, this second phase sees GigaRF take delivery of two further 9 metre marine target drones. The high speed drones will be used in
RenewableUK commented on the release of a new marine energy roadmap from the UK Energy Research Centre and the Energy Technologies Institute. The report, which focuses on cost-cutting, identifies forty technology and deployment issues faced by the wave and tidal energy sector in the UK, and lays out
WYG has appointed Simon Sjenitzer as Associate Director, who will be helping to establish the strategic direction of energy and climate change business within the energy team and will be responsible for joining up all relevant capabilities under one umbrella to create a unified approach for WYG’s cl
WYG has appointed Simon Sjenitzer as Associate Director, who will be helping to establish the strategic direction of energy and climate change business within the energy team and will be responsible for joining up all relevant capabilities under one umbrella to create a unified approach for WYG’s cl