Subsea
UK Oil and Gas Industry Safety Awards Winners Announced
The winners of the UK Oil and Gas Industry Safety Awards were confirmed on Wednesday 30 April in an awards ceremony held at Aberdeen Exhibition and Conference Centre. The event, sponsored by Maersk Oil UK, recognises and honours the companies and people who embody the spirit of safety and innovation
ACE Winches Names New CFO
Leading deck machinery specialist, ACE Winches has appointed Kevin McLardy as the company’s chief financial officer to manage its financial strategy at a time of significant growth. As a member of the Board of Management, Mr McLardy will play a key role in organisational decision-making, whilst hold
Eni Reports Profit Loss on Weak Demand
Eni, the international oil and gas company, announced its group results for the first quarter of 2014. Net profit was $1.80 billion, down 15.6% from the first quarter 2013. In the first quarter of 2014, adjusted operating profit was €3.49 billion, down 6.8% compared to the first quarter of 2013. Thi
Det norske Announces Good Start of 2014
Det norske oljeselskap ASA announces a good first quarter 2014. The development of the Ivar Aasen field is on schedule. Fabrication of the living quarters, steel jacket and platform deck is ongoing. A development concept has been agreed for the Johan Sverdrup field. The development of the Ivar Aasen
Det norske Strikes Oil at Johan Sverdrup Appraisal Well
Det norske oljeselskap ASA is, as partner in production licence 265, in the process of completing drilling of appraisal wells 16/2-19 and 16/2-19A in the Johan Sverdrup oil discovery. The objective of the wells was to examine the extent and properties of the reservoir rocks in the northernmost part
AGR’s RM UK Division Grows Its Sub-Surface Department
AGR’s Reservoir Management UK division (RM UK) is gearing up for a busy year ahead and has grown its sub-surface department with the addition of Steve Adams, Principal Geologist. Steve, who will be based in AGR’s Aberdeen office, has over 30 years’ experience in the oil and gas industry, with a stro
MacArtney Upgrades Two MMT’s FOCUS-2 ROTV Systems
MacArtney has performed a major upgrade of two FOCUS-2 ROTV systems belonging to Swedish marine survey contractor and specialist, MMT. Both vehicles have been fitted with new state-of-the-art equipment to carry out geophysical survey missions for clients within oil, gas and renewable energy industri
Forland Sells Seisranger Vessel to Otto Marine
Seisranger AS, a company in the Forland Shipping Group (Forland), has concluded the sale of the vessel Seisranger to Otto Marine Limited 30 April 2014. The sale will trigger a NOK 75 million redemption of the NOK 525 million Senior Secured Bond that E Forland AS has outstanding. The MV Seisranger wa
First Piece of Cygnus’ Major Infrastructure Sails Away
The latest milestone in the Cygnus gas field project took place on April 28th as the first piece of major infrastructure sailed out from Isleburn’s facilities at Nigg Energy Park. The beginning of the subsea isolation valve (SSIV) and WYE structures’ journey to the Cygnus site in the Southern North
Saipem Wins $553 Mln South Stream Offshore Pipeline Gig
Saipem has been contracted by South Stream Transport B.V. to provide supporting works relating to the construction of the second line of the South Stream Offshore Pipeline for a total value of approximately $553 million. The entire offshore South Stream project consists of four parallel gas pipeline
Coda Octopus Develops 3D Sonar for ROVs and AUVs
Coda Octopus has designed “Dimension”, a revolutionary new sonar for ROV and AUV operations. Based on Echoscope 3D imaging technology and industry-leading software, Dimension provides real-time 3D imaging for subsea vehicle applications. Designed for deployment on a wide range of subsea vehicles, Di
Scour Prevention Systems Secures SCORE Funding
Grant programme, Supply Chain innovation for Offshore Renewable Energy (SCORE), announces the first SMEs to receive funding to drive forward their innovative products and processes which benefit the offshore renewable energy supply chain. Lowestoft-based company, Scour Prevention Systems, which offe
Allseas to Lay Second Line of South Stream Offshore Pipeline
South Stream Transport has signed a contract with the Allseas Group to lay the second line of the South Stream Offshore Pipeline. In addition, the Company has signed a contract with Saipem for the provision of complementary works for Line 2. The South Stream Offshore Pipeline will consist of four pa
Dolphin Secures 3D Seismic Contract for Polar Marquis
Dolphin has been awarded a further 3D seismic contract for the Polar Marquis to acquire approximately 3.000 sq. km. in the Black Sea with immediate mobilisation when the vessel is taken on Time Charter, in the middle of May 2014. Atle Jacobsen, CEO commented: “Dolphin is on track delivering the seco