Subsea
Huisman Installs ‘Ceona Amazon’ Pipelay System
Huisman Equipment has installed the 570mt Pipelay System onboard Ceona’s Ceona Amazon at the Huisman Schiedam quayside, the company informed through their social media. In December last year, Huisman welcomed Ceona’s Amazon newbuild pipelay vessel following it’s delivery and christening in Bremerhav
Dolphin Expects Revenue Growth
Oslo-listed Dolphin has announced it expects full year revenue to exceed USD 500 million for 2015, representing a growth of 15-20% compared with 2014. According to the company, the Multi-Client investments will primarily be made in prospective offshore areas. Dolphin expect to allocate 15-20% of 3D
EMGS Gets New CEO
The new Board of Directors of Electromagnetic Geoservices ASA (EMGS) has appointed Bjarte H. Bruheim as Chief Executive Officer of the Company effective from 7 January 2015. Bjarte Bruheim has been the Executive Chairman of EMGS since July 2004, and he has extensive experience from the oil service s
Deep Ocean Currents Protect Tropical Corals
Researchers from Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research, GEOMAR Helmholtz Centre for Ocean Research Kiel and Phuket Marine Biological Center observed internal waves preserving corals in the Andaman Sea. Because satellites do not detect these small-scale phenomena, l
2H Offshore Takes Part in DNV GL JIP on TCP Design
2H Offshore, an Acteon company, has teamed up with oil and gas industry leaders to develop a new design guideline for thermoplastic composite pipes (TCP). The Joint Industry Project (JIP) aims to advance the understanding and use of composite materials in the offshore industry. The Joint Industry Pr
CGG Completes 2014 Debt Refinancing Program
On 23 December 2014, CGG completed its 2014 debt refinancing program with the amendment and extension of its Nordic credit facility led by Nordea. The credit amount was increased from $175m to $250m and the maturity extended from May 2018 to December 2019. During the year 2014, CGG successfully rene
SmartBay Ireland, SmartBay Newfoundland Team Up
SmartBay Ireland has entered into a trans-Atlantic collaboration agreement with the Fisheries and Marine Institute of Memorial University of Newfoundland in St. John’s, Newfoundland and Labrador, Canada, Dublin City University and the Marine Institute Ireland. The Memorandum of Understanding was sig
Report: OW Installation Vessel Market at 3 Bln by 2020
Reportstack has announced the publication of market research report on Offshore Vessels and Cables Market which says that the market is expected to register substantial growth between 2014 and 2020. Reportstack’s report provides an understanding of the type of vessels required for offshore wind farm
Beatrice OWF UXO Survey Starts This Month
BOWL will be undertaking a unexploded ordnance (UXO) survey, scheduled to start in early January 2015. Beatrice Offshore Windfarm Limited (BOWL) is the joint venture partnership formed between SSE Renewables (50%), Repsol Nuevas Energias UK (25%) and Copenhagen Infrastructure Partners (CIP; 25%). Th
Amarinth Pumps for Subsea Well Response Project
Amarinth, a company specialising in the design, application and manufacture of centrifugal pumps and associated equipment, has been appointed by Expro to deliver $1M of API 610 OH1 pumps for the Subsea Well Response Project. In light of recent serious oil spill incidents such as Macondo, in the Gulf
TAP Gets New Managing Director
Trans Adriatic Pipeline AG (TAP) has confirmed the appointment of Ian Bradshaw as its new Managing Director starting on 1st February 2015 in Baar. Kjetil Tungland will return to Norway after having headed the joint venture project for over four and half years and having completed his Statoil secondm
Motive Offshore Makes Norwegian Appointment
Motive Offshore has promoted Eddie Moore to head of sales at its Norway office, just over a year after launching in the region. The firm, which specialises in the manufacturing and rental of high capacity winches, umbilical deployment equipment and specialised subsea equipment including subsea winch
PSA in Bream Project Review
The Petroleum Safety Authority Norway (PSA) has carried out an audit of Premier Oil and the Bream development. Bream is an oil discovery in block 17/12 in the central section of the North Sea, around 110 km from land south-west of Stavanger. The discovery was originally made by Phillips Petroleum Co
EMGS Vessel Utilisation at 69 Pct
Oslo-listed Electromagnetic Geoservices ASA (EMGS) has informed that its vessel utilisation for the fourth quarter 2014 came in at 63% compared with 50% for the fourth quarter 2013. The Company defines “vessel utilisation” as the percentage of the vessel charter period spent on contracted or multi-c