Subsea
VIDEO: Offshore Energy 2014 Day Two Highlights
Seventh edition of Offshore Energy 2014 exhibition & conference, held at Amsterdam RAI, sparked interest of thousands of visitors from the sector. The following video shows the highlights from the second day of the Offshore Energy event that was held on 28 & 29 October 2014. The two day program cons
Technip Profit Slips, Revenue Jumps
Oil services provider Technip has recorded a drop in profit during the third quarter of the year, despite rise in revenues. Net income for the quarter was at €132 million ($166 million), compared to €150 million same time last year. Earnings per share dropped to 1.10 euros from 1.24 euros. Technip p
Atlantis to Set Up Tidal Turbines in Bay of Fundy
Atlantis has signed a 10-year (extendable) seabed Sublease with the Fundy Ocean Research Center for Energy in Nova Scotia, Canada (FORCE). The Sublease provides Atlantis a berth for tidal turbine deployment in the Bay of Fundy, within the demised area of seabed allocated to FORCE under its Head Leas
OneSubsea Orders MacArtney’s FPSO Slip Rings for Martin Linge
MacArtney has received an order from OneSubsea for Moog Focal oil and condensate gas FPSO slip rings. The order also includes cables and associated junction boxes. The FPSO slip rings are designated for the ‘Martin Linge’ project on the Norwegian Continental Shelf due west of Bergen. Here, they will
Subsea Processing Session Held at Offshore Energy 2014
Subsea processing was one of the topics covered today at the Offshore Energy 14 Exhibition & Conference in Amsterdam. Subsea processing provides an alternative to production equipment located on a fixed or floating platform. The session discussed the latest developments in subsea processing solution
Ennsub Names New Sales and Marketing Manager
Subsea products and equipment manufacturer Ennsub has appointed a new sales and marketing manager to drive sales activities within the company’s expanding commercial function. Peter Farthing joins Ennsub from Cortland, where he was international ROV/defence business development manager for three yea
Proserv Invests in Its North Lanarkshire Building
Global-leading energy services group Proserv is investing almost half a million pounds into a landmark North Lanarkshire building to meet growing international demand for its products and services. The B-listed facility, commonly known as Lamberton’s, in Coatbridge, was home to KRG Industries prior
Statoil Suffers Loss in Q3
Statoil’s third quarter 2014 net operating income was NOK 17.0 billion, a decrease from NOK 39.3 billion in the third quarter of 2013. Net income was negative NOK 4.8 billion mainly due to impairments. Adjusted earnings were NOK 30.9 billion, a decrease from NOK 40.4 billion in the third quarter of
Kleven in Aker Wayfarer Conversion
Kleven’s Myklebust Verft in Gursken, Norway, has signed a contract for modification of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV). The contract is entered into with Ocean Yield ASA, a ship owning company with investments within oil-service and industrial sh
Fugro Studies AAE-1 Subsea Cable Route
Fugro has started a cable route survey for AAE-1, one of the largest submarine cable systems to be constructed in the last decade. Fugro is providing offshore geophysical and geotechnical operations, charting and reporting to support the design and installation of the telecommunications cable. The w
N-Sea Secures $161 Mln in Global Contracts
N-Sea Offshore has been awarded major contracts to the value of over £100 million, since the beginning of the year. N-Sea is known for its innovative work in the North Sea as an independent offshore subsea contractor. The company has secured a significant number of major, long-term contracts in the
STATS Performs Forties Pipeline Isolation
Pipeline engineering specialist, STATS Group, has successfully completed a complex isolation of the Forties Pipeline System in the North Sea. STATS was contracted by Apache North Sea Ltd to safely isolate the Forties Pipeline System (FPS) so that subsea isolation valves (SSIV) and piping spools coul
Statoil in Final Trials of Gullfaks Subsea Wet Gas Compressor
The world’s first subsea wet gas compressor station is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015. By adding 22 million extra barrels of oil equivalent from the Gullfaks South Brent reservoir the compressor will h
VIDEO: Official Launch of Offshore Energy 2014
Offshore Energy Exhibition & Conference 2014 has officially started this morning in Amsterdam RAI, the Netherlands. Offshore Energy, the fastest growing gathering of offshore industry professionals, was opened by Dr. María de Lourdes Melgar Palacios, Under Secretary of Hydrocarbons of Mexico, joined