Subsea
Vallourec Tubes for Total’s Kaombo
Vallourec, has been awarded a contract to supply premium tubes and connections for the ultra-deep offshore Kaombo project in Angola, operated by TOTAL E&P Angola. As part of this contract, Vallourec will supply 27,000 tons of OCTG (Oil Country Tubular Goods) for wells drilled within 1,400 to 2,000 m
MP Ed Davey to Deliver Keynote at Tidal Energy Summit
The Secretary of State for Energy and Climate Change, Ed Davey, will deliver a keynote session on tidal marine energy strategy and high-level support for industry developments at the upcoming 8th International Tidal Energy Summit (ITES) in London on 25th November. Tidal represents a key part of the
Boskalis Lifts Outlook
Boskalis is raising its full-year net profit outlook to EUR 450 million. At the publication of the first-half results, the full-year net profit was expected to amount to at least EUR 366 million. Due to the substantial close-out results realized on old dredging projects Boskalis has decided to raise
Aker Solutions to Launch ESPP
Aker Solutions is offering employees in selected jurisdictions the opportunity to purchase shares in the company. The 2014 employee share purchase program (ESPP) allows participants to buy shares for between NOK 10,000 and NOK 60,000. Participants are offered a general discount of NOK 1,500 on their
VIDEO: Flexible Fallpipe Vessel Stornes
Subsea Rock Installation, or SRI, is a proven technique for the protection and stabilisation of offshore structures. Typically fallpipe vessels are used to install the rock in water depths up to 2,200 meters. Van Oord’s flexible fallpipe vessel Stornes has recently set the world record while perform
DOF Subsea Profit Slips
In the 3rd quarter of 2014 DOF Subsea had a pre-tax profit of NOK 115 million (NOK 210 million in Q3 2013) and the profit after tax was NOK 91 million, versus NOK 171 million same time last year. The total operating income In the 3rd quarter of 2014 was NOK 1 815 million (vs. NOK 1 […]
Deep Down Profit Up
Deep Down has reported net income of $1.2 million, for the third quarter of 2014, or $0.08 per diluted share, compared to net income of $0.4 million, or $0.03 per diluted share, for the third quarter of 2013. Revenues for the quarter ended September 30, 2014 were $8.5 million, and were relatively fl
Researchers Team Up in Ocean Study Off Gran Canary
GEOMAR Helmholtz Centre for Ocean Research Kiel, the Oceanic Platform of the Canary Islands (PLOCAN) and the University of Las Palmas de Gran Canaria (ULPGC) have joined forces to boost marine research activities, education and technology at Gran Canary. The three partners signed an agreement at the
MBARI Tests Its Mini ROV
MBARI’s R/V Western Flyer has headed to sea for an 8-day expedition with the Midwater lab, led by Bruce Robison. One of the goals of this expedition is to deploy the mini ROV to conduct shallow water transects and to practice operating this vehicle from the deck of the Western Flyer for the first ti
Research Vessel ‘Sonne’ to Visit Bremen
Next Monday, November 17, 2014 the new, 116 meters long German Research vessel SONNE is going to be commissioned in Wilhelmshaven. Afterwards, SONNE sets sails for a trip along the German coasts to be presented to the public on open days. Its home port Wilhelmshaven is going to be the starting point
BorWin2 Grid Link Trials Begin
After successful testing, grid operator TenneT and Siemens have now initiated the trial run of the BorWin2 direct current link. After several weeks of trial operation, the grid link will be able to go into controlled operation in the first few months of 2015. With a transmission capacity of 800 mega
Maritime Developments Expands Its Team
Maritime Developments, a leading provider of back-deck solutions for the global oil and gas industry, has appointed an electrical systems engineer to join its market-leading electrical department. Richard Davies will be responsible for the design and development of controls for the company’s wide ra
DNV GL Leads JIP to Handle Well Integrity and Corrosion
DNV GL has established a Joint Industry Project (JIP) to develop guidelines for a decision support framework for corrosion assessment and integrity management of ageing wells. Many wells are reaching an age of upwards of 30 or 40 years, and operators are facing a growing challenge to predict output,
Technip Nets K2 Subsea Deal
Technip has been awarded a contract by Anadarko Petroleum Corporation for the K2 Riser Base Gas Lift project, located in Green Canyon 608 in the Gulf of Mexico, at a water depth of approximately 1,300 meters. Technip’s operating center in Houston, Texas, USA, will conduct the overall project managem