Subsea
Peter Madsen Rederi Completes Scour Protection at Amrumbank OWF
Peter Madsen Rederi A/S has completed work on Amrumbank West Offshore Wind Farm in the North Sea. The Danish company has laid 45,000 sand bags around wind turbine foundations to prevent scour forming which would destabilise the foundation. The bags were filled with 60,000 tons of dredged sand, which
UK: Sonar Breakthrough for Morgan Advanced Materials
Using an innovative new process, Morgan Advanced Materials can now press, fire and machine blocks and other shapes of components up to a thickness of 45mm. Resulting in the production of considerably larger components than those previously manufactured at the plant. The larger blocks can also offer
TTS Group Inks Subsea Crane Contract
TS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS, signed a new contract for a subsea crane with a total value of approximately NOK 26 million. The contract is with a European customer, and concerns delivery of an active heave compensated subsea crane for operations down to
Chevron Decides to Postpone Its Rosebank Project
Cameron was advised of Chevron’s decision to defer its Rosebank project while it works with partners to improve the project economics. Cameron had announced receipt of an award from Chevron for OneSubsea early in the third quarter for $540 million. At the request of Chevron, Cameron will continue to
Novacavi to Supply Marine Cables for Costa Concordia Wreck Removal (Italy)
Novacavi reports a second supply of marine cables used in the Costa Concordia shipwrecking salvage operation off the shore of the island of Giglio, Italy. As the first delivery successfully performed during the parbuckling phase, Novacavi was called in again to provide high tech custom tailored cabl
Neptune Reports Profitable Half, CEO Says
Neptune has reported a profit from continuing operations before tax of $3.183 million for the 6 months to 30 September 2013 (Dec 2012: loss $21.952 million). The consolidated profit of Neptune for that period after providing for income tax amounted to $2.871 million (Dec 2012: loss $22.446 million).
Langlee’s New Robusto Design Shows Higher Efficiency
Recently, Langlee Wave Power completed wave tank tests at Cehipar (Canal de Experiencias Hidrodinámicas de El Pardo) in Madrid and verified a 80% higher efficiency of the 132 kW Langlee Robusto compared to the previous design. Cehipar has one of the largest wave tanks in Europe, measuring 150×30 met
Subsea 7 Continues Share Repurchase Programme
Subsea 7 S.A. announced that on November 25 2013 the Company purchased 304,000 of its shares at an average price of NOK 121.08 per share. This represents approximately 0.09% of the Company’s issued share capital. The shares were purchased in accordance with the Company’s share repurchase programme p
Aker Solutions Develops Casing Stabilizer Arm
Aker Solutions, a leading provider of oilfield products, systems and services for the oil and gas industry, has developed the Casing Stabilizer Arm (CSA) which eliminates the need for a person to be elevated on a derrick for tubular makeup. The CSA, which enhances Aker’s existing line of tubular han
SHEPD Project Secures UK Islands’ Electricity Supplies
Electricity supplies to communities in some of the most remote islands in the UK are more resilient following a £2.77m subsea investment. SHEPD has now completed the installation of three high voltage underwater cables between Eriskay and Barra in the Outer Hebrides and Rousay, Eday and Westray in O
REA Welcomes Creation of 27 New Marine Conservation Zones
The REA welcomes Defra’s announcement last Thursday of the creation of 27 new Marine Conservation Zones (MCZs). Developers now await the detailed rules for each MCZ, as well as decisions on approximately 100 remaining sites over the next two designation phases in 2015 and 2016. These phases may also
Statoil CEO: Oil and Gas is Part of Sustainable Energy Future
“We have to live with fossil fuels as the dominant part of the energy mix for decades,” says Statoil’s President and CEO Helge Lund at the 2013 Autumn Conference. “The big question is therefore how to make production cleaner than today, and make consumption more efficient. This is not simply a task
Rem Offshore Gets Contract Extensions for Two Vessels
Rem Offshore ASA have extended the current charter for Rem Etive with Charterer Fugro TSM for another 3 years firm taking the firm charter period into late May 2017 with a further 2 yearly options. Rem Offshore ASA has further entered into a charter contract with Marine Platforms Ltd Nigeria for the
Hydratight Improved QuickSlide TBS
Hydratight announces updates and improvements to their QuickSlide tool block slides (TBS). Available for immediate order, the QuickSlide marks an advancement in tool block slides to fit Hydratight’s series of clamshells. Tool block slides mount directly to the face of the clamshell and accept an arr