Subsea
AWE Sells BassGas Stake
AWE Limited has completed the sale of an 11.25% interest in T/L1 (BassGas infrastructure & Yolla field) and a 9.75% interest in T/18P (Trefoil field) to Prize Petroleum Company Limited, a wholly owned subsidiary of Hindustan Petroleum Corporation Limited. Total consideration for the sale was $85 mil
Tocardo, Ekornergy Team Up in Tidal Projects Off South Korea
Tocardo Tidal Turbines, producer of tidal and free-flow water turbines, has reached an agreement with Ekornergy, the South Korean energy company, to install tidal turbines with a total capacity of 28MW. The units will be installed in the coastal waters of the Mokpo Jeonnam region. Manufacturing of t
‘Robot’ Vehicles Conduct Fish Tracking Mission in MPAs
Three marine ‘robot’ vehicles have been launched from Plymouth to undertake a fish tracking mission in and around new Marine Protected Areas (MPAs). The aim is to learn how fish use these areas on a day-to-day basis. Scientists from the Marine Biological Association (MBA) and engineers from the Nati
Bibby Subsea Invests in Growth
Bibby Offshore’s Houston-based division, Bibby Subsea, has announced the investment in a custom-built office and key appointment as a result of continued growth in the region. The new premises, due for completion in November 2014, consist of a 6,300 sq. ft. office space and 2,000 sq. ft. warehouse a
Nova Scotia Hosts ICOE 2014
Nova Scotia will have an opportunity to showcase the province’s marine renewable energy resources, skills and expertise to more than 650 delegates from 25 countries attending the International Conference on Ocean Energy from Nov. 4-6 in Halifax. The fifth, bi-annual event is being held outside Europ
Osiris Projects to Wrap Up Celtic Interconnector Survey
Osiris Projects are close to completion of the field work of a large scale cable route survey of the proposed 700+MW HVDC Celtic Interconnector Project between the south coast of Ireland and the northwest coast of France. Jointly awarded by EirGrid and RTE, the 2014 programme has included a geophysi
Underwater Radiated Noise Notation from Bureau Veritas
Leading international classification society Bureau Veritas has developed a voluntary notation intended to assist shipbuilders and operators reduce underwater noise radiating from ships. The comprehensive set of standards and measuring services is grouped as NR614 Underwater Radiated Noise (URN). It
New Company Set Up to Harness Tidal Power
A new company set to harness the power of tides has been launched in North Wales at the end of October. North Wales Tidal Energy, based in St Asaph, will focus on the development of tidal lagoons, North Wales news site reports. “Our vision is the development of a world-leading integrated tidal energ
AEUK Wins Torpedo Protection Gig from Dstl
ATLAS ELEKTRONIK UK Ltd (AEUK) has been awarded a $5.6 million (£3.5 million) three year contract for the provision of underwater defensive aids research. The exciting three year contract was awarded by Dstl to provide research into a future torpedo countermeasures system for surface ships and subma
MEP for Scotland Visits Bibby Offshore
Aberdeen based subsea installation contractor Bibby Offshore has last week hosted Conservative MEP for Scotland, Dr Ian Duncan, as part of a fact-finding mission into the oil and gas industry. As part of Dr Duncan’s visit, he toured the company’s 50,000 sq ft purpose built state-of-the-art workshop
2H Offshore to Showcase at ADIPEC
2H Offshore, an Acteon company, will be exhibiting at ADIPEC, November 10 – 13, in Abu Dhabi, and hosting a Technology Event on November 11. The company will showcase the latest developments in 2H’s primary Middle Eastern business areas: Platform Conductor Engineering, Platform Conductor Life Extens
SBM in Deep Panuke US Private Placement
SBM Offshore, the provider of floating production solutions to the offshore energy industry, has completed a US$450 million of non-recourse senior secured debt by way of a US Private Placement (USPP) for the Deep Panuke Production Field Centre (PFC). The 3.5% fixed coupon bond is rated BBB-/BBB (low
Island Frontier to Conduct Well-Plugging Work for Statoil
Statoil has received consent to use Island Frontier for preparatory well-plugging work at Statfjord Øst and Sleipner Øst. Statfjord Øst is an oilfield located around seven kilometers north-east of the Statfjord field in the northern part of the North Sea. The field has been developed using three sub
Aibel Lands Goliat FPSO Deal
Aibel has been awarded the contract for hook up and commissioning of Goliat FPSO before start-up at the field. The contract includes preparations and commissioning before start-up at the field. In addition, the project will consist of construction work and work related to commissioning of Goliat. Go