Subsea
EnerMech to Provide PPU Services for Technip (Norway)
EnerMech will provide Technip in Norway with equipment and personnel on two offshore campaigns for Leak Testing of the Gullfaks Future Oil Export Loading system in the Norwegian North Sea. The contract award follows the appointment of the EnerMech’s PPU (Process, Pipeline & Umbilicals) general manag
SeaBird’s Revenues Decrease Due to Lower Vessel Utilization
SeaBird Exploration Plc (“SeaBird) reports a net loss of $0.6 million for Q1 2014 (profit of $1.8 million in the same period in 2013). Revenues were $33.7 million in Q1 2014 ($50.0 million). The decreased revenues are primarily due to lower vessel utilization and increased multi-client activity duri
Renewable Energy Projects Improve Marine Organisms Living Conditions
A recent marine study has shown how renewable energy projects, such as wind farms, improve the living conditions of certain sea organisms. The study, focused mainly on smaller organisms of Scottish and Irish marine life, tried to show what kind of impact the development of wave and tidal industry ca
IKM Provides Mooring Services for RWE Dea Norge
IKM Mooring Services entered into a contract with RWE Dea Norge AS for mooring services for mobile drilling units used by RWE Dea Norge AS on the Norwegian Continental Shelf. The scope of work under the contract include: mooring analysis, rig move/mooring procedures, mooring equipment rental, assist
AGR Experts to Lecture at DEVEX Conference
Leading experts from global service company AGR, have been announced as guest speakers at this week’s DEVEX European Production and Development conference. DEVEX is a main event to the industry’s key professionals during which knowledge sharing and experience exchange on projects and new innovations
Transocean Spitsbergen to Drill Statoil’s Apollo Prospect
Statoil has received consent to carry out exploration drilling of well 7324/2-1 Apollo in production licence 615 in the Barents Sea using the Transocean Spitsbergen mobile drilling facility. Water depth at the site is approx. 430 metres. Drilling is planned to begin in May 2014, with a duration of a
MMO Restricts Piling Activities for Westermost Rough OWF
The Marine Management Organisation (MMO) licensed Westermost Rough Ltd (WMR Ltd) to construct the Westermost Rough Offshore Wind Farm in November 2011. The work includes constructing a 35-turbine wind farm off the east coast of England, with the closest turbine being about 8 kilometres from the shor
Expro Achieves $2 Bln Order Book Milestone
Expro announces $2 billion order book at the end of its 40th anniversary year, thanks to a number of contract wins, including almost $500million in the last quarter alone. Expro attributes this success due to its market-leading position in deep water well testing and subsea landing string services,
Kleven: Strong Financial Performance in 2013
The Kleven group delivered a strong financial performance in 2013, with an operating profit of NOK 172 million. ‘An operating profit of NOK 172 million is a solid result in the current market situation,’ said Ståle Rasmussen, CEO of Kleven. Turnover in 2013 was NOK 4.2 billion, a record high for the
Subsea 7 Charters ‘Siem Stingray’ OSCV
Siem Offshore and Subsea 7 have entered into a charter agreement for the Offshore Subsea Construction Vessel (“OSCV”) “Siem Stingray”, which is under construction in Norway. The agreement is made at market terms and is for a firm period of three years with two yearly options. The Siem Stingray is de
Wood Group Provides Engineering Support for SWRP
Wood Group has delivered engineering services to the Subsea Well Response Project (SWRP), a joint industry project to further improve the prevention of, and response to, subsea well-control incidents. Contracted by Shell, on behalf of the SWRP team, Wood Group Kenny led the way and drew on the exper
EMGS BOA Thalassa to Conduct 3D EM Acquisition in North Sea
Electromagnetic Geoservices ASA (EMGS) has received a signed contract from North Energy ASA worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the North Sea. The survey is expected to commence early May, using the vessel BOA Thalassa. BOA Thalassa is a purpose-built 3D EM vessel wi
Upgraded Polarcus Naila Mobilized for “UK Breagh” Survey
Polarcus Limited announces that Polarcus Naila is presently mobilizing for the highly prefunded Polarcus “UK Breagh” multi-client survey after a successful upgrade. The upgrade enables the vessel to tow ultra-wide 12 streamer spreads, matching the capability of the four high performance “A-class” ve
Top News of the Week of Apr 28 – May 04, 2014
1. Aker Solutions Splits into Two Companies 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. 2. Subsea 7 Bags $160 Ml