Subsea
Helix Updates 2013 EBITDA Guidance
Helix Energy Solutions Group, Inc. announced that it is upgrading its 2013 EBITDA guidance to approximately $290 – $300 million. Helix’s current forecast of stronger than expected fourth quarter results for Robotics, along with the Skandi Constructor’s continued performance in well intervention mode
Statoil: Lifetime of Oseberg Field Doubled (Norway)
The lifetime of the Oseberg field has doubled thanks to the steady increase in recoverable resources. December marks the 25th anniversary of the Oseberg field centre. Current plans call for production up to around 2040. “The Oseberg licence has invested more than NOK 45 billion in the field over the
Kongsberg Conducts EM2040 Compact Multibeam Demonstration in The Netherlands
At the marina Muiderzand, in The Netherlands this October, KONGSBERG customers gathered together to experience the impressive EM2040 Compact multibeam system on board the survey vessel Havenschap 1, owned by Groningen Seaports. The Havenschap 1 has a moonpool mounting configuration for the EM2040C s
Proserv Moves to New Facility (UK)
Global-leading energy technology services company Proserv has more than trebled the size and capacity of its Aberdeenshire headquarters after relocating to new and larger state-of-the-art premises in the region to support the company’s exceptional international business growth. Award-winning Proserv
PSA Inspects Pipelines Manufacture for Knarr Project
On 21 and 22 November 2013, the Petroleum Safety Authority Norway conducted an audit of the manufacture of pipelines for the Knarr project. The objective of the audit was to verify that the manufacture of the pipelines for the Knarr project complies with the regulations. A further objective was to v
EurOceanique Becomes MacArtney France
The MacArtney Group unveils that as of January 2014, long standing MacArtney Group member, EurOceanique, will carry out a name change to become MacArtney France. MacArtney France Founded in 1994 and operating out of modern office and workshop facilities in Rousset, MacArtney France employs a strong
SeaBird: Voyager Explorer Contract in Asia Pacific Cancelled
SeaBird Exploration Plc (“SeaBird”) informs that a contract previously announced for the Voyager Explorer with a national oil company in the Asia Pacific region, has finally been cancelled after a series of delays. The contract had an estimated duration of about 110 days and commencement was expecte
NERC Exercises Option with GC Rieber for RRS Ernest Shackleton
The Natural Environment Research Council (NERC) declares its first option for a one year extension of the bareboat charter for “RRS Ernest Shackleton”. The option will be effective from August 2014. “RRS Ernest Shackleton” has been on a long-term charter with NERC`s British Antarctic Survey since Au
Saipem Sells Firenze FPSO to Eni for $463 Mln
The Board of Directors of Saipem S.p.A. has approved the signing of an agreement with Eni for the sale of the Firenze FPSO (Floating Production Storage and Offloading) business line for €336 million. The agreement will see the sale to Eni of the Firenze FPSO unit, currently deployed in the Eni-opera
United Effort to Attract Decommissioning to East of England
James Gray, inward investment director for EEEGR and the East of England Energy Zone (EEEZ), has welcomed the progress of a group set up to encourage energy businesses across the region to work together to attract as much work as possible from the predicted boom in decommissioning Southern North Sea
Two Buoys in Northern Irish Wind Resource Zone Drift Away
Two of four cardinal buoys, which were deployed within the Northern Irish Wind Resource Zone as part of an offshore wind project, have drifted away from their positions. Fugro EMU Limited has been commissioned by First Flight Wind Limited to install and maintain two MetOcean wave monitoring buoys, f
Mattressing Protection Displaced on Isle of Man – UK Interconnector Power Cable
Following a recent survey on the IOM-UK Interconnector cable, KIS-ORCA has identified that a section of mattressing protecting the cable has been displaced. IOM-UK Interconnector cable runs between Douglas, Isle of Man and Bispham in Blackpool and includes small sections where the interconnector cab
Solstad Secures New Charter Contract for CSV Normand Pacific
Solstad Offshore ASA (SOFF) has entered into a contract with Ceona, where Ceona charter the CSV “Normand Pacific” for a period of 1 year firm with an additional 1 year option. The contract commences in April 2014. The contract value is confidential between the parties, but in line with present marke
FlexTech Surpasses First Year Turnover Target
Flexible pipe specialist FlexTech has surpassed its first year turnover target of £500,000 just six months after start-up and anticipates reaching £1 million by the end of the year. Flexible pipe expert Craig Keyworth established the Aberdeen-based company in March of this year, after operating as a