Subsea
GL Certifies CPNL’s Diverless Spreader Beam
CPNL Engineering GmbH, engineer and supplier of alternative cable protection equipment, received the design certification of Germanischer Lloyd for its diverless spreader beam, to be used for the Baltic cable joint this winter period. The design of the spreader bar for lifting of bending restricted
Pulse Opens Bergen Office, Names New Business Development Manager
Pulse Structural Monitoring, an Acteon company, has appointed Eivind Vethe as business development manager in Norway. His appointment coincides with the opening of a new Bergen office to extend Pulse’s presence in the Norwegian market and enable the company to offer enhanced local support. Based in
Polarcus Commences New Multi-Client Program in UK North Sea
Polarcus Limited (“Polarcus” or the “Company”) announces the imminent commencement of a new multi-client program in the UK North Sea comprising two high density 3D broadband surveys. The program, supported by industry funding, will be acquired by Polarcus Naila utilizing the Company’s RIGHTBAND(TM)
EMGS Inks Multi-Client Contract with OMV Norge
Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with OMV Norge AS worth around USD 4 million for the provision of 3D EM data from EMGS’s multi-client data library in the Hoop area in the Barents Sea. In addition, the agreement contains an uplift model whereby EMGS will r
Aker Solutions’ Increased Attention to Operations and Return on Equity Pays Off
Aker Solutions’ increased attention to operations and return on equity is starting to pay off after a challenging start to the year. The company will today at its capital markets day announce that all business areas are committed to improvement programmes that will start translating into double-digi
Subsea 7 Continues Share Repurchase Programme
Subsea 7 S.A. announced that on December 2 2013 the Company purchased 230,000 of its shares at an average price of NOK 118.64 per share. This represents approximately 0.07% of the Company’s issued share capital. The shares were purchased in accordance with the Company’s share repurchase programme pr
New Marine Life Species Discovered in Antarctica
More than thirty new, and, as yet unclassified, species of marine life were discovered during a science expedition to the Amundsen Sea off Pine Island Bay in Antarctica. The Amundsen Sea is one of the least explored areas of the Southern Ocean. It contains several deep troughs and basins formed duri
New Guidelines for Protection of North Sea Harbor Porpoises
From now on, new guidelines apply on the development of offshore wind power in German part of the North Sea, which regulate the protection of the North Sea harbor porpoises. As a result, the pile driving must be organized in a period when porpoises are in retreat, thus sufficiently far away from the
Atlantis Resources Acquires MeyGen Tidal Energy Project
Atlantis Resources Limited, an international tidal energy company, has acquired the largest tidal energy project in Europe – MeyGen, which is located in the Pentland Firth. The announcement comes shortly after the MeyGen project received its offshore planning consents from the Scottish Government, a
SWMEP, CIMREG Ink MoU for Collaboration on Marine Renewables Development
Representatives from the South West Marine Energy Park (SWMEP) and the Channel Islands Marine Energy Group (CIMREG) met in London at the International Tidal Energy Summit on Wednesday to finalise details of a memorandum of understanding (MoU) between the two organisations. The MoU, signed today betw
Caterpillar to Power Østensjø Rederi Newbuild OCV
Caterpillar Marine announces that MaK™ engines have been selected to power an Østensjø Rederi newbuild set for delivery in spring 2016, to be constructed by Kleven Shipyard in Norway. The newbuild, a large offshore construction vessel, is being specifically designed and built for the Greater North S
Plexus Announces Share Placing to Support Company’s Growth Strategy
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has conducted a placing to raise, in aggregate, approximately £6.83 million before expenses by way of a placing of 2,78
Serica Offered Traditional Licence in UK 27th Licensing Round
Serica Energy plc announces that it has been offered a Traditional Licence in the latest stage of the 27th Offshore Licensing Round, announced by the Department of Energy and Climate Change on Friday 29 November. Block 113/22 in the East Irish Sea has been offered to a group in which Serica has a 35
Statoil’s Partners Recommend Mongstad for Johan Sverdrup Oil Export
The partners have unanimously decided to recommend landing of oil from the Johan Sverdrup field at Mongstad. The partners recommend Mongstad after studies of both Sture and Mongstad as alternative terminals for receiving the oil. The decision is founded on an overall assessment of health, safety and