Subsea
Tocardo to Deploy Turbines in Eastern Scheldt
Tocardo will install five tidal turbines in the Eastern Scheldt storm surge barrier (Oosterschelde barrier) to generate clean energy. According to the company, this installation will be both the largest tidal energy project in the Netherlands as well as the world’s largest commercial tidal installat
Italy OKs Northern Petroleum EIAs
Northern Petroleum’s environmental impact assessments (EIA) for its three remaining exploration permit applications in the southern Adriatic have been approved. These approvals are in addition to the two EIA approvals for exploration permit applications announced by the company on June 10, 2015. The
Ceona Gets New CEO
SURF contractor, Ceona, has appointed Mark Preece, as the company’s Chief Executive Officer (CEO). Previously, the company’s executive vice president commercial and business development, Preece takes over from current CEO, Steve Preston, who after 40 years in the industry has decided to retire from
Cosco Bags Research Vessel Order
China’s Cosco Corporation informed that Cosco Guangdong, a subsidiary of the Company’s 51% owned subsidiary, Cosco Shipyard Group, has secured a contract to build one research vessel. According to the company, the contract award is from an undisclosed Asian client, valued over RMB129 million or $20.
Statoil to Let Go Up to 1500 Permanent Employees
Statoil has estimated potential workforce reduction at 1,100 – 1,500 permanent employees by end 2016. In addition Statoil will further reduce the number of consultants by around 525. The estimate for workforce reductions reflects the STEP efficiency potential and further corporate improvements over
Unique, KBAT Team Up on Health, Safety and Diving Courses
Unique Group has recently collaborated with KBA Training Centre (KBAT) to offer a series of Health, Safety and Diving courses in the United Arab Emirates (UAE). KBAT offers health & safety consultancy and courses approved by international accrediting bodies such as NEBOSH, IOSH, CIEH, IMCA and IRATA
J2 Subsea Sets Up New Subsea Tooling Facility in Houston
J2 Subsea, an Acteon company, has opened a new subsea tooling facility at Seatronics’ subsea electronics location in Houston. The new facility includes a workshop for tool preparation, servicing and support. It will provide torque tools, analysers, cutters, manipulators, intensifier panels, grinders
SapuraKencana Takes 49 Pct Profit Hit
SapuraKencana Petroleum has seen its profits slide almost 49% for the first quarter ended April 30, 2015, on lower revenue caused by decline in energy division and market slowdown. The company generated 7,6% lower revenues of approximately $602 million, or 2.26 billion ringgit, down from $650 millio
Mooreast MA5P Anchors for Offshore Malaysia Field
8 units of 15 ton Mooreast MA5P anchors have been installed at a newly developed field offshore Terengganu, Malaysia, last month. “This is the third oil related floater project where Mooreast supplied its own MA5P anchors. Taking into consideration that Mooreast started to develop, design, fabricate
Alcatel-Lucent to Upgrade Tiscali’s Network
Alcatel-Lucent has been selected by Italy’s Tiscali to deploy a 100G terrestrial optical backbone infrastructure and upgrade existing submarine links. The new agile optical networking solution, using its 1830 Photonic Service Switch platform will allow Tiscali to increase both data capacity and data
Ardent-Ardentia Remove Oil from Sunken Oleg Naydenov
Ardent, the recent merger of Titan and Svitzer Salvage and Ardentia Marine, a salvage and diving company based in Spain have been awarded the contract to remove oil from the sunken fishing trawler “Oleg Naydenov” off the coast of Gran Canaria, Spain. On the 11th of April, the vessel sustained a fire
Siem Offshore Fined NOK 5 Mln in Tax Evasion Case
Norwegian vessel contractor, Siem Offshore, reported that Kristiansand District Court has today ruled in the tax case against Siem Offshore Inc. and its CEO Terje Sørensen. According to the Oslo-listed company, Terje Sørensen was completely acquitted. However, Siem Offshore was convicted for lack of
CAPE Holland’s New VLT for Seaway Heavy Lifting
Dutch vibro-piling specialist, CAPE Holland, has officially handed over a Tandem CV-320 Vibro Lifting Tool (VLT) to Seaway Heavy Lifting during the CAPE Holland Product Launch. This new acquisition replaces the tandem vibro set which Seaway Heavy Lifting purchased from CAPE Holland in 2012, after a
PSA Orders Oseberg B and Gullfaks C BOP Checkup
The Petroleum Safety Authority Norway (PSA) has issued an order to Statoil following audits at Oseberg B and Gullfaks C. Namely, between November 10, 2014 and January 29, 2015, the PSA conducted audits at Oseberg B and Gullfaks C. The audits followed up and verified the auditing performed in 2013 re