Subsea
Lundin Petroleum Completes Johan Sverdrup Appraisal Well 16/3-7
Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that the Johan Sverdrup appraisal well 16/3-7, located in the south-eastern part of PL501, is completed. Appraisal well 16/3-7 is located at the south-eastern flank of the Johan Sv
CGG Reports Non-Audited Results for Third Quarter
CGG announced its non-audited third quarter 2013 consolidated results. All comparisons are made on a year-on-year basis with CGG 2012 results before the Fugro Geoscience acquisition. – Q3 Revenue up 6% and EBIT at $95 million – Group revenue at $908 million, up 6% – Lower Equipment sales due to temp
R2S Transports Guests to North Sea Oil Rigs from Their Cinema Seats
Aberdeen based visual asset management specialists Return To Scene (R2S) will transport guests to offshore platforms, tour alien subsea environments and the virtual world of installations still in the design phase – all directly from the comfort of their cinema seats this week. Return to Scene will
Solstad Offshore Announces 3rd Quarter Financial Results
Solstad Offshore (SOFF) announces operating income for the three first quarters, excluding gain on sale NOK 36 million, was NOK 2,631 million, compared to last year’s NOK 2,550 million. The revenues from the construction service segment were significantly higher compared to 2012. Available charter d
Nord Stream Conducts Final Load Tests
Nord Stream AG is currently conducting a load test on both lines of the fully-integrated gas transportation system. The industry-standard load tests serve to confirm reliability of the pipelines. The completion of the NEL-Pipeline in early November allows for a test phase involving the connected gas
Xodus, SMRU Marine Investigation Helps to Reduce Effects of Noise on Marine Mammals
A report published by independent, international energy consultancy Xodus Group, and its project partners SMRU Marine, recommends how offshore wind farm operators and regulators can minimise the effects of noise during offshore turbine piling and reduce injury to marine mammals. The independent revi
VIDEO: East West Interconnector Shortlisted for Engineering Project of the Year Award
The East West Interconnector has been short listed for the Engineering Project of the Year in the Engineering Excellence Awards 2013. The East West Interconnector was short listed by organisers Engineers Ireland with four other Irish projects for this category in the awards which are pre-eminent pub
BOURBON Revenues Increase in 3Q (France)
BOURBON, a company which offers the most demanding oil and gas companies a comprehensive range of surface and subsea marine services for offshore oil and gas fields and wind farms, has announced third quarter 2013 results. Revenue increased 8.6% versus third quarter 2012 benefiting from fleet increa
Sir Robert Smith Welcomes Proserv’s Apprenticeship Commitment
Sir Robert Smith Bt, MP has visited market leading production technology services company Proserv to see how the firm develops the engineers of tomorrow. At Proserv’s test and assembly base at Birchmoss, near Echt in Aberdeenshire, the MP for West Aberdeenshire and Kincardine took a tour of the faci
ORE Catapult and Crown Estate Ink Three-Year Memorandum of Understanding
The Offshore Renewable Energy Catapult and The Crown Estate announced that they will work together on programmes aimed at increasing the momentum of driving down costs of offshore wind, wave and tidal energy. A three-year Memorandum of Understanding agreed between the two organisations specifically
Eriksson Diving to Exploit Exceptional Power of Saab Seaeye Panther XT Plus ROV
Long known for squeezing more from an ROV with creative tooling ideas, Eriksson Diving now plans to exploit the exceptional power of their new Saab Seaeye Panther XT Plus. A fan of Seaeye ROVs since the 1980s, company head, Arne Eriksson was early to spot the potential in underwater vehicles as a pl
VARD Reports Weaker Performance in Third Quarter
Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced its results for the third quarter of financial year 2013 (“3Q 2013”) ended 30 September 2013. Financial and operating rev
Aker Solutions’ Earnings in Third Quarter Show Steady Improvement
Aker Solutions’ earnings for the third quarter of 2013 showed a steady improvement in profit compared with the first half of the year, helped by improved execution in several business areas and key deliveries. Financial Highlights – Sales were NOK 10.9 billion in the third quarter of 2013, compared
Norway: Statoil Starts Production from Visund North Field
Statoil has started production from the Visund North oil and gas field in the North Sea. Visund North is the sixth project that has started production of the 12 “fast track” projects Statoil has in its portfolio. “Completion of the first production well as well as a production shutdown at the Visund