Subsea
Tullow: Wisting Alternative Well in Barents Sea Reaches Total Depth
Tullow Oil plc (Tullow) announces that the Wisting Alternative well (7324/7-1S), offshore Norway in the Barents Sea, has reached Total Depth. The well was not appraising the major discovery at Wisting Central and encountered oil shows in the deeper targeted Kobbe and Snadd formations but the reservo
BP Sees Strong Operational Progress Across Group
BP announced its financial results for the third quarter of 2013. Underlying replacement cost profit1 for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive a
Kongsberg Maritime, Hydroid Celebrate Success of 2013 REMUS/HUGIN AUV Users Conference
Kongsberg Maritime and its subsidiary Hydroid, Inc., the leading manufacturer of autonomous underwater vehicles (AUVs), announced their AUV Users Conference at the Villa Marigola in Lerici, Italy, which took place from October 14 to 17, 2013, was well attended by a diverse group of AUV users from ac
First Oil Produced from Ekofisk South (Norway)
ConocoPhillips today announced first oil production from the Ekofisk South development project in the Norwegian North Sea on Oct. 25. “The Ekofisk South project startup represents an important milestone for ConocoPhillips,” said Matt Fox, executive vice president, Exploration and Production. “This i
IMARES Wageningen UR Organises Research Expedition to Investigate Saba Bank
From 19-27 October 2013, IMARES Wageningen UR, organised a research expedition to the Saba Bank, to investigate the ecological functioning of the Bank. Thirty-three 50m long transects resulted in more than 2000 images of the reef, and over 5000 fish counts of almost 100 fish species. A preliminary c
Ramboll Gets Contract to Carry Out EIA for Three Wind Farms in Danish Waters
Ramboll was recently awarded a major contract to carry out the Environmental Impact Assessments (EIA) for three near-shore wind farms in Danish waters for the Danish energy grid owner, Energinet.dk. EIA for offshore as well as onshore activities The project covers the EIA for both the offshore wind
3sun Group Invests Significantly to Aid Future Growth Plans
Great-Yarmouth based 3sun Group, a specialist provider of products and services to the global energy industry, has reported a turnover of £13.7 million for the financial year 2012/13. The company’s turnover increased almost three-fold from 2010/2011, going from £2.4million to £6.5million, and almost
PGS’ Business Model Delivers Strong EBIT Margin in Challenging MultiClient Quarter
In Q3 2013, revenues for Petroleum Geo-Services ASA (“PGS” or “the Company”) were 6% lower than in Q3 2012. EBIT margin for the Company ended at 30%, which is higher than in the previous quarter and in Q3 2012. The improved profitability is driven by PGS’ solid business model, combined with price op
CNOOC Announces First Gas from Rochelle Field in UK
CNOOC Limited announced that the first production from the Rochelle gas-condensate field in the UK North Sea has commenced. At Rochelle field, Nexen Petroleum U.K. Ltd. (“Nexen UK”), a wholly-owned subsidiary of the Company, acts as the field operator. The Rochelle field in Blocks 15/26b, 15/26c and
Statoil Recommends New Platform Solution to Maximise Snorre Production
Statoil recommends building a new drilling and processing platform on the Snorre field in the North Sea to extract maximum remaining reserves. Together with Petoro and the other licence partners, Statoil has worked hard to find a good solution for extending the life of the field to 2040. A thorough
Top News of the Week of Oct 21 – Oct 27, 2013
Subsea 7 Wins Two Contracts from Petrobras Offshore Brazil Subsea 7 S.A. announced the award of two contracts with a combined value (at the time of contract signature) in excess of US$600 million from Petrobras. DeepOcean Charters New Build SURF Installation Vessel DeepOcean AS, a subsidiary of Deep
How Can Wave and Tidal Energy Devices Affect Animals?
Leading renewable consultancy companies TÜV SÜD PMSS (PMSS) and SMRU Marine Ltd with their academic partner the Sea Mammal Research Unit (SMRU) have recently delivered a series of position papers which have gathered evidence from published research and interviews with key industry representatives re
RTE France Seeks Underwater Studies Contractors
RTE France is seeking for contractors who will assist with project management for underwater studies, being a part of the marine component of connections to offshore wind farms from the government call offer No. 2 (Deux îles and Le Tréport). The company will: – provide project management; – provide
Kongsberg Maritime Names UK Business Development Manager
Mark Baldwin has been appointed as a UK business development manager by Kongsberg Maritime Ltd, as part of the plan to improve service offering for the offshore renewables sector, writes Aberdeen Business News. Baldwin joined Kongsberg Oil and Gas Technologies five years ago, where he worked as a sa