Subsea
Technip Begins Cable Work on Borkum Offshore Wind Farm in Germany
Technip Offshore Wind has started offshore operations on an array cable installation contract for phase 1 of the Borkum Wind Farm development, located 45 kilometers to the North of the German island of Borkum, in the North Sea. This project, awarded by Trianel, is Technip’s first offshore wind, arra
Lower Production and Reduced Prices Impact Statoil’s Earnings
Statoil’s first quarter 2013 net operating income was NOK 38.0 billion. Adjusted earnings were NOK 42.4 billion. “We deliver financial results impacted by lower production and reduced prices. We continue to deliver good industrial progress according to plan. As previously announced, production in 20
Nordic Energy to Acquire Exploration Licence Offshore Denmark
Nordic Energy PLC, a company focussed on making investments in the North Sea oil and gas sector, announces that NikOil Limited, a private company jointly owned by the Directors of Nordic, has been awarded by the Danish Government the 3,600 sq km offshore exploration and production licence 01-13 (`th
SR250 Prototype Exceeds Expectations (UK)
Scotrenewables Tidal Power, a company committed to the development and commercialisation of the SRTT floating tidal turbine with the goal of delivering cost effective renewable power to satisfy current and future energy requirements, provides an update on further testing results of its SR250 Prototy
New Submarine Cable Between Borkum and Mainland Ready
The submarine power cable for the new link between the North Sea island of Borkum and the mainland grid is ready for use: Norddeutsche Seekabelwerke GmbH handed it over to EWE NETZ GmbH in Nordenham yesterday. The 25-km-long medium-voltage submarine power cable is currently being loaded onto the wor
HMS Middleton’s Divers Conduct Underwater Training (Gibraltar)
Divers from minehunter HMS Middleton swapped England’s south coast for the warm waters of Gibraltar for a week of high-tempo training. The five-strong team made full use of the facilities on the Rock, practising search techniques, helping stricken divers, lifting mines from the seabed and carrying o
Mabey Bridge Names New Sales Director, Tubular Products (UK)
Mabey Bridge, the UK leading wind turbine tower manufacturer and international bridge builder, has appointed Gerry Voller as Sales Director, Tubular Products. The company, which employs 600 people in the UK and internationally with a turnover exceeding £80m per annum, is expanding and investing in s
Ramboll Expands Offices to Tromsø, Norway
Ramboll Oil & Gas’ 4th Norwegian office opens up in Tromsø this summer. Initially, it is expected that environmental consultancy services to oil and gas companies working in the region will make up the primary service offering. “Following two decades of providing consultancy in the Arctic, Ramboll i
KONGSBERG Reports High Level of Activity in Q1 2013, Norway
As of 2013 Kongsberg Oil & Gas Technologies (KOGT) is reported as a seperate business area. KONGSBERG had high level of activity in Q1 2013. Operating revenues totalled MNOK 4 033, up 5.1 per cent from Q1 2012. EBITDA came to MNOK 500 in Q1, compared with MNOK 550 in the same period last year. [&hel
Partrac, Rockland Scientific Work Together on European Tidal Energy Solutions
Partrac and Rockland Scientific have announced a Strategic Partnership to provide turbulence measurement solutions for the UK and European tidal energy industry. Rockland Scientific, based in Victoria, British Columbia, Canada, specializes in the design and manufacture of turbulence measurement inst
Coretrax Technology Gets New Operations Manager (UK)
Aberdeen-based oilfield services firm Coretrax Technology Limited has appointed an operations manager to focus on the planning, development and execution of wellbore cleanup and displacement. In his new role, Jim Hepburn is responsible for the pre and post job analysis of wellbore cleanup activities
Sevan Marine Provides FPSO Voyageur Spirit Update
Regarding the sale of FPSO Voyageur Spirit to Teekay Corporation, Sevan Marine announces that the transfer of title to the FPSO Voyageur Spirit to Voyageur LLC is scheduled to take place on Thursday, May 2, 2013. Recently the FPSO began oil production at Huntington field in the Central North Sea. Th
UK: BP Reports Strong First Quarter 2013 Results
BP announced its financial results for the first quarter of 2013. Underlying replacement cost profit for the quarter was $4.2 billion, compared to $3.9 billion in the fourth quarter and $4.7 billion in the first quarter of 2012. Operating cash flow in the quarter was $4.0 billion, compared with $3.4
Siem Offshore Orders Cable Lay Vessel from Remontowa in Poland
Siem Offshore has entered into a shipbuilding-contract with Remontowa Shipbuilding S.A. in Poland. The contract has been signed for the construction of a dynamically positioned Cable Lay Vessel (“CLV”) scheduled for delivery in April 2015. The associated gross project cost for the first vessel, read