Subsea
US Seismic Systems Suspends Ops and Terminates All Employees
Acorn Energy has stopped funding its majority-owned US Seismic Systems (USSI) subsidiary and USSI has suspended operations and “terminated substantially all employees”. USSI intends to sell its assets and is exploring ways to maximize value for creditors and other stakeholders, expecting that most o
Subsea UK Welcomes Budget Announcement
Subsea UK, the body which champions the UK’s subsea industry, has welcomed the measures in the budget. George Osborne has yesterday delivered his sixth budget as chancellor, and the last of the current Parliament. The subsea industry generates annual revenues of £9bn and supports around 55,000 jobs
Aquamarine Power Reveals Oyster Testing Results
Aquamarine Power has published operational information gathered during months of testing their Oyster 800 wave machine at the European Marine Energy Centre (EMEC) in Orkney. The academic analysis examines data generated by the Oyster 800 machine last year – which includes operating during major stor
CGG Nets 3D Seismic Off Colombia
CGG has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation to acquire and process a 16,314 square kilometers 3D seismic survey on the Caribbean coast offshore Colombia. According to the company, the survey will be the largest marine seismic program ever acquired in Colombia an
Sonardyne’s Fusion 6G for Moho Nord Field
Sonardyne International Ltd. has been awarded a multi-million pound contract by UTEC, an Acteon company, to supply Fusion 6G acoustic positioning technology for the Moho Nord subsea project situated 75 kilometres off the coast of Congo. The equipment will be used to support the installation of 230 k
CGG GeoSoftware Gets Rights to VelPro
CGG GeoSoftware has further enhanced its geoscience software portfolio by acquiring the rights to the VelPro™ velocity modeling and depth conversion product from In-Depth Solutions LLC. VelPro offers a faster and more complete velocity model building workflow to achieve more accurate seismic reservo
DNV GL Updates Two RPs for Subsea Pipelines
To reflect the changing needs of the industry, DNV GL has worked together with its industry partners to revise two recommended practices (RP). The first for corroded pipelines (DNV-RP F101) and the second for integrity management of submarine pipeline systems (DNV-RP-F116). The updates have been dev
Dales Voe South in Refit for Subsea and Decommissioning Projects
Plans for significant further expansion of Lerwick Harbour’s extensive deep-water facilities for the offshore oil and gas industry have advanced with the award of a major contract to extend the quay at Dales Voe South to support subsea developments and decommissioning. Lerwick Port Authority has com
Anholt Subsea Cable Repair Underway
On Saturday, 21 February a fault occurred in the subsea cable which connects the Anholt offshore wind farm with the onshore electricity grid. The first half of the repair of the damaged submarine cable to Anholt offshore wind farm is complete. Energinet.dk’s subcontractors managed to cut out the fau
Swansea Bay Tidal Lagoon Commercial Negotiations Start
The Government is moving to the first phase of commercial negotiations on a Contract for Difference with the developer of a proposed tidal lagoon at Swansea Bay. Tidal power is a major economic and energy opportunity for the UK – and tidal lagoons could form a key element of this . The proposed six-
Geomarine, MacArtney in Representative Agreement
The MacArtney Group has signed an official representative agreement with Geomarine – an Italian geophysical and geotechnical marine survey service provider, and a part of the DIMMS Group. The two companies will team up to offer underwater technology solutions and services in primarily Italy and Moza
Bilfinger Secures EUR 25 Mln Grant for Foundations Plant in Poland
European Commission has approved subvention for offshore wind turbines foundations plant in Szczecin, Poland. Bilfinger Mars Offshore’s project is in accordance with Innovative Economy Programe’s priorities and receives from the European Regional Development Fund financial subvention for about 25 00
Statoil Elects New Board Member
In a meeting in the Corporate Assembly of Statoil ASA on March 18, 2015, Rebekka Glasser Herlofsen was elected as new shareholder representative to the company’s board of directors. Grace Reksten Skaugen withdraws from the position as a member of Statoil’s board of directors. Reksten Skaugen had at
PSA Audits Preparations and Plans for Capping Blowouts
The Petroleum Safety Authority Norway (PSA) carried out audits, in 2014, focused on five operating companies’ preparations and plans for capping a potential blowout. The purpose of the audit, which comprised Statoil, Shell, Det Norske, Lundin and OMV, was to examine which requirements and measures t