Subsea
Greater Stella Area Achieves Major Milestone (UK)
Costain Upstream’s project management and development engineering specialist EPC Offshore (EPC) has successfully marked a major milestone in Ithaca Energy’s Greater Area Stella development with the load out of the subsea structures completed on time and within budget. The Stella drill centre manifol
ABB Delivers the East West Interconnector to EirGrid (Ireland)
ABB, the leading power and automation technology group has delivered the East West Interconnector to EirGrid, the Irish transmission system operator. The 500-megawatt (MW) transmission connection is the highest capacity link of its kind, based on voltage source converter (VSC) technology, to go into
Survey of Lithuanian Section of Baltic Sea Cable Route Concluded
Calecore, a provider of offshore integrated site investigation solutions, including geotechnical, analogue geophysical, 2D High Resolution Seismic, environmental and ROV survey services, has completed a cable survey project. The survey, which started in Autumn 2012, included the Lithuanian section o
Foundations Works at German Amrumbank West OWF Set for This Fall
E.ON has begun the construction phase of German Amrumbank West offshore wind farm, the company said in its report for the first half of 2013. Installation of foundations at the project’s site is scheduled for this fall (most likely in October). In April, the company started the preparatory work for
Kongsberg Operating Revenues Rise (Norway)
KONGSBERG is reporting operating revenues in Q2 2013 of MNOK 4 097, up 4.2 per cent year-on-year. EBITDA came to MNOK 513 in Q2, compared with MNOK 525 in Q2 2012. KONGSBERG’s earnings per share (EPS) came to NOK 2.38 in Q2, compared with 2.57 during the same months last year. The Group had an [&hel
Rosneft, SOCAR to Cooperate in O&G Projects
On August 13, 2013 Rosneft and State Oil Company of the Republic of Azerbaijan (SOCAR) executed the Cooperation Agreement. The document was signed by Rosneft President and Chairman of the Management Board Igor Sechin and SOCAR President Rovnag Abdullayev in the presence of Vladimir Putin, President
Subsea 7 Releases 2Q 2013 Results (UK)
Subsea 7 S.A. announced today results for the second quarter and first half 2013 which ended on 30 June 2013. Unless otherwise stated, the comparative period is the six months ended 30 June 2012. Jean Cahuzac, Chief Executive Officer, said: ‘While I am disappointed with the $300 million loss provisi
Jan De Nul Orders Multipurpose Vessel from Uljanik (Croatia)
Last week, Jan De Nul Group ordered a new vessel at the Uljanik Shipyard in Pula, Croatia. The vessel with a deadweight of 10,500 tonnes and a total length of 138 m will be a multipurpose vessel. It will be a trenching and offshore support vessel, a subsea rock installation vessel and a cable laying
Kongsberg, Statoil Enter Subsea Contract (Norway)
Kongsberg Oil & Gas Technologies AS (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA (KOG), has signed an agreement with Statoil for the delivery of subsea structures, in-line tee’s, tie-in and connection systems for the Polarled gas pipeline, at a total value of MNOK 380. The contract was
Scotrenewables to Test SR250 Tidal Turbine at Scrabster Harbour, UK
A new multi-million pound redevelopment at mainland Scotland’s most northerly port, Scrabster Harbour, is already reaping the benefits, only two months after coming into operation. Scotrenewables Tidal Power Ltd, based in Orkney, has chosen Scrabster as the location for their most recent operations
Flexlife Strengthens Management Organisation (UK)
Flexlife, the subsea flexible pipes specialist, has strengthened its management organisation with two senior appointments. Simon Hounsome joins Flexlife’s Aberdeen headquarters as integrity and projects director, responsible for the policy, strategy and technical services delivered globally from the
EnQuest Production Increases. Kraken FDP Submitted
EnQuest, an independent oil and gas development and production company, releases its first half of 2013 results. Production in H1 2013 was 21,455 Boepd, up 5.9% on H1 2012. Development drilling at the core hub assets delivered good results in H1 2013, this has continued into H2 2013 with a new well
Eidesvik Offshore Sells Viking Forcados (Norway)
Eidesvik Offshore, a supply, subsea, seismic and cable-laying shipping company, has entered into a MOA for the sale of the vessel Viking Forcados. Eidesvik received a deposit of 5% of the purchase price. The vessel is expected to be delivered to new owners in 3rd Quarter 2013, and a gain of approxim
Ithaca Doubles Production and Operating Cashflow, CEO Says
Ithaca Energy Inc. announces its quarterly results for the three months ended June 30, 2013 (“Q2 2013”) and half yearly results for the six months ended June 30, 2013 (“H1 2013”). The acquisition of Valiant Petroleum plc (“Valiant”) was completed on April 19, 2013, with the financial results reflect