On October 25, 2011, Technip’s Board of Directors approved the third quarter 2011 consolidated accounts. Third Quarter 2011 Results • Revenue of €1,699 million, of which €754 million in Subsea • Group operating margin4 of 10.6%: 16.9% in Subsea and 7.1% in Onshore/Offshore • €2,352 million of order
The UK-France power interconnector is to return to its full 2,000 megawatt (MW) capacity on Friday afternoon at 1700 UK time (1800 CET… (Reuters) [mappress] Source: Reuters,October 27 , 2011;
Forum Energy Technologies, Inc. (Forum) announces the entry into an agreement with MRTS, an operator of offshore pipe laying vessels based in Moscow, Russia, to sell two Perry™ XLX ROVs (Remotely Operated Vehicles). This will mark the first sale of work-class ROV systems from Forum Subsea Technologi
“Statoil delivered strong financial results in the third quarter of 2011, reflecting operational performance in line with expectations and strong oil and gas prices throughout the period,” says Helge Lund, Statoil’s chief executive officer. Statoil presented the long term strategy and long term grow
Proposals for a subsea electricity cable between Orkney and Caithness have been put out for public consultation… (BBC) [mappress] Source: BBC ,October 27 , 2011;
One of the largest operators in the UK sector of the North Sea has extended its contract for AGR’s Riserless Mud Recovery system (RMR™) by four years. TOTAL E&P UK’s multiple-well deal with Norwegian solutions provider AGR also includes the firm’s Cutting Transportation System (CTS). The extension,
Leading oceanographic instrument manufacturer, Valeport, announces its latest innovation, the VA500 Altimeter. The VA500 is launched in Nove… SubseaUK [mappress] Source: SubseaUK, October 26 , 2011;
SMart Wind, the joint venture between Mainstream Renewable Power and Siemens Project Ventures, announced the successful installation of the first meteorological mast in the 4GW Hornsea Zone. One of nine zones awarded licences by the Crown Estate in 2009 this is the first zone to install a met mast.
The new Northern Europe team will be headed by business leader Steve Brittain, with Steve Clark as operations manager and Paul Harrison as sales manager. The appointments – effective from 1 September – are part of organisational changes in the EMEA region to maximise opportunities in Scandinavia whi
Systematic and integrated thinking about pipelines in all phases of Norwegian petroleum activity was in focus at a seminar staged by the Petroleum Safety Authority Norway (PSA) on 19 October. This international session was the latest annual meeting in a 10-year series held to share expertise and exp
Fugro has successfully completed 2 positional and depth of burial surveys on export cables for SSE’s 500MW Greater Gabbard offshore wind farm off the Suffolk coast on behalf of installation contractor Fluor. The main objective is to provide a final report with the final position including depth of b
Kongsberg Maritime Ltd, the UK subsidiary of global marine technology company Kongsberg Maritime, has been awarded a contract with leading wave energy technology provider Aquamarine Power to carry out underwater noise assessments relating to its Oyster wave energy device. The Oyster device has been
Forewind, development partner for the Dogger Bank offshore wind farm zone, potentially the world’s largest wind energy project, has signed an agreement with National Grid for two 1GW grid connections potentially located in Teesside. Subject to the results of technical studies, yet to be completed, i
£52m of funding for the transmission link to the Walney 1 offshore wind farm will be provided by the European Investment Bank, the European Union’s long-term lending institution. Blue Transmission Walney 1 Limited has been granted a licence to own and operate the offshore transmission link by Ofgem
