Subsea 7 S.A. today announced the award of a subsea, umbilical, riser and flowline (SURF) contract valued at approximately $800 million from Total E&P Norge AS for the development of the gas field Martin Linge, located 180 km west of Bergen in the North Sea. The contract comprises engineering, procu
Fastnet Oil & Gas plc announced that it has been notified by the Petroleum Affairs Division of the Irish Department of Communications, Energy and Natural Resources that it has been awarded a licensing option of part blocks 49/7, 49/8, 49/9, 49/12 and 49/13 in the North Celtic Sea, offshore Ireland.
Dolphin Group ASA, an asset light supplier of marine geophysical services, announced third quarter 2012 results with revenues of USD 61.2 million, compared to USD 43.0 million in Q3 2011. Highlights for the quarter are following: – EBITDA of USD 28.9 million (47,2%), improved from USD 9.1 million in
The National Renewable Energy Centre, Narec, has completed the installation of an offshore research and anemometry platform, three nautical miles off the coast of Blyth, Northumberland, next to the nearest shore array of the proposed 100MW capacity Blyth Offshore Wind Demonstration Site. The platfor
Shell today signed an agreement for the acquisition of Murphy Schiehallion Limited 5.9% stake in the Schiehallion field located in blocks 204 and 205, approximately 175 kilometres west of the Shetland Islands. The additional equity in the Schiehallion field brings Shell’s stake to 55% and offers She
Geospace Technologies Corporation has received and signed a Letter of Award from Statoil awarding Geospace Engineering Resources International the contract to provide 660 kilometers of seabed seismic reservoir monitoring systems for the Snorre and Grane fields on the Norwegian continental shelf. The
Offshore handling systems specialist, Caley Ocean Systems, has been awarded a contract to supply leading dredging and marine engineering company, Jan de Nul NV, with a 5,400Te capacity cable turntable for the MPV Willem De Vlamingh. Mid 2013, Jan de Nul is installing 245kV export cable connecting th
CGGVeritas announced the launch of an offering of bonds convertible into and/or exchangeable for new or existing shares (“OCEANEs”) due 1st January 2019 in an initial nominal amount of approximately €315 million, which may be increased up to a maximum nominal amount of approximately €360 million in
JDR, a leading provider of technology connecting the global offshore energy industry, is pleased to provide an update on its trading performance for the nine months ended 30 September 2012. Record revenue of £85.6m (an increase of 75% from the equivalent period last year) Record EBITDA performance d
Anchor Contracting, owned by Inocean, has delivered a complete Mid Water Arch (MWA) system to its customer NOV Flexibles (previous NKT Flexibles). The MWA will be a part of a FPSO set-up contracted by Indian state owned Oil and Natural Gas Corp (ONGC) and the Malaysian operator Bumi Armada for the D
Antrim announced that production of oil has commenced from the Causeway Field in UKCS Block 211/23d (Antrim working interest 35.5%). Commissioning of the Causeway field has now commenced with gross production rates of around 4,500 barrels of oil per day on a 53% choke. Initial production rates are c
Antrim today announced a Heads of Terms agreement has been signed with Hummingbird Production Limited, a subsidiary of Teekay Corporation, for an option to lease the “Hummingbird Spirit” Floating Production, Storage and Offloading vessel (“FPSO”) for the development of the Fyne Field in UKCS Central
TTS Group ASA has through its subsidiary signed a contracts with a total value of approximately 40 MNOK (USD 7 million) in Norway. The contract is through the TTS subsidiary TTS Offshore Handling Equipment AS in Bergen, Norway. The contract is with Kleven Verft AS in Norway and concerns the delivery
Cloud, connectivity and hosting provider, Pulsant, is supporting Pelamis Wave Power by helping to manage, backup and store data vital to the development of its world-leading wave energy technology. With operations in Edinburgh and Orkney supporting two Pelamis wave machines being demonstrated at the
