Subsea
UK: Reportlinker Releases Wave and Tidal Report
Reportlinker.com announced a new market research report “Marine Power (Wave and Tidal) – Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030.” This is the latest report from GlobalData, the industry analysis specialists that offer c
UK: Ithaca Energy Provides Q4 2012 Production Results & 2013 Outlook
Ithaca Energy Inc. reports fourth quarter 2012 (“Q4-2012” or the “quarter”) production results and provides guidance on the Company’s planned 2013 production and capital expenditure programme. Highlights o Q4-2012 net average export production, including net production from the Cook and MacCulloch f
Det norske: Atla Produces Better Than Expected (Norway)
Atla continues to produce better than expected. In December, Det norske’s 10 percent interest in the field, gave a production of 2,278 barrels of oil equivalents per day. Before production start-up at Atla, it was expected that the field would give Det norske a production of approximately 1,400 barr
Statoil Awards Pipeline Design Contract to Ramboll Oil & Gas (Norway)
Statoil has awarded Ramboll Oil & Gas the detailed design contract for the 36” Polarled pipeline project (previously named the NSGI project), as well as detailed design for the 30 km 18” Kristin Gas Export pipeline connecting to the Polarled pipeline. The Polarled pipeline project, which crosses the
UK: Proserv Completes $215 Mln Refinancing Agreement
Rapidly-evolving energy production technology services company Proserv has consolidated its position for sustainable growth and future expansion following the successful completion of a $215million (approximately £133million) refinancing agreement. The term loan and revolving credit facility, which
Statoil to Perform Manned Underwater Operations with Technip Norge
Statoil has applied for consent to carry out manned underwater operations in 2013 with reference to an existing contract for diving services with Technip Norge AS. Pursuant to a cooperation agreement, ExxonMobil and Gassco will also be able to use this contract. The manned underwater operations will
CGGVeritas Announces Activities Update (France)
CGGVeritas provides its vessel utilization, multi-client sales and free cash flow updates for the fourth quarter and for the full year 2012. Vessel Utilization Rates – For the fourth quarter 2012, The vessel availability rate was 93%. This compares to a 93% availability rate in the third quarter of
France: PNA Plans to Develop Tidal Energy
France’s Ports of Normandy Authority (PNA) is planning to harness the power of the sea, reports NewNet. Since the port of Cherbourg is located close to the Raz Blanchard, which is known for strong currents, this makes it ideal for tidal energy development. To be able to install tidal generators, the
Subsea Connections to Play Important Role in Guernsey’s Future Power Supply
The Renewable Energy Team (RET), which was set up by Guernsey’s Department for Commerce and Employment, confirmed that offshore renewables, especially offshore wind, are feasible resources for the island, according to This is Guernsey news portal. RET bases its conclusion on findings of the studies
UK: Subsea 7 Consolidates Renewable Energy Division into Seaway Heavy Lifting
Subsea 7 S.A. announced that it is to consolidate its Renewable Energy Division into its 50% owned joint venture Seaway Heavy Lifting (SHL). The consolidation will rationalise Subsea 7’s offering to the renewables market, and enable SHL to leverage Subsea 7’s engineering and project management exper
UK: Major Research Institutes Choose Kongsberg’s GeoSwath Plus
Kongsberg Geoacoustics based in Great Yarmouth, UK have recently delivered their “GeoSwath Plus” combined shallow water multibeam and side scan system to various well respected research institutes. The system can be supplied in a wide choice of frequencies and configurations depending upon the inten
DOF Subsea Secures Multiple New Contracts in North Sea and Asia Pacific
DOF Subsea Group has secured multiple contract awards in the North Sea and the Asia Pacific region, with a total contract value of about USD 130 million. In the North Sea region DOF Subsea has secured multiple contracts. The contracts have been agreed with key clients in UK and Norway. The scopes co
CARIS and EIVA to Jointly Provide Efficient Solution for Offshore Surveys
CARIS and EIVA have signed a Memorandum of Understanding (MoU) to collaborate on providing offshore survey organizations with a tightly integrated and streamlined solution. Both companies develop state-of-the-art software for the marine offshore market. CARIS is a world leader in software for hydrog
Norway: Statoil and Partners Submit Aasta Hansteen PDO
Statoil and the Aasta Hansteen partners have submitted the plan for development and operation (PDO) of the field to the Ministry of Petroleum and Energy. Furthermore Statoil and the Polarled Development Project partners have submitted the plan for installation and operation (PIO). This represents a