Subsea
Det norske Completes Marathon Oil Deal
Det norske oljeselskap ASA has finalised the acquisition of Marathon Oil Norge AS. Following the integration, Det norske will have close to 500 employees. In 2013, combined production from the two companies amounted to approximately 84 000 barrels of oil per day, making Det norske one of the largest
Nord Stream Project Book Recognized with Two Awards
Nord Stream AG won two International Business Awards for the Nord Stream Project book entitled “Secure Energy for Europe”. The awards recognise Nord Stream’s achievements in publications in two categories: a Gold Stevie Award for company history publication and a Silver Stevie Award for corporate pu
Nimrod Sea Assets Buys DSV Alliance for $10.6 Mln
Nimrod Sea Assets has completed its third acquisition by investing $10.6 million in a 99.5% stake in DSV Alliance DIS which has purchased the Seamec Alliance and will be renamed Red7Alliance. Red 7 Alliance, a dive support vessel, will be back-to-back bareboat chartered to Red7Marine Group, a prov
Mojo to Work with JMFS on MeyGen
Mojo Maritime has signed a contract with James Fisher Marine Services (JFMS) which will see them provide significant marine operational and engineering expertise to the construction phase of the MeyGen Inner Sound tidal project. Over the next two years, Mojo will work closely with JFMS carrying out
Lundin Hits Oil and Gas in Alta Well in Barents Sea
Drilling of exploration well 7220/11-1 on the Alta prospect in production licence (PL) 609 in the Barents Sea is in the process of being successfully completed. The well is located 20 km northeast of the Gohta discovery and some 160 km from the Norwegian coastline. “This is a breakthrough discovery.
WHL Energy Gets Initial “Fast-Track” Data from Junon 3D Survey
Australian energy company WHL Energy Limited has received the initial “fast-track” data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. This post-stack migration volume is an intermediate product in the Pre-Stack Time Migration
WGK Wins Pipeline FEED on Peterhead CCS Project
Wood Group Kenny has been awarded the front end engineering design (FEED) for the subsea and pipeline element of the Peterhead Carbon Capture and Storage (CCS) project in Aberdeenshire. The project, the world’s first full-chain CCS project on a gas-fired power station, is being developed by Shell, w
Trelleborg to Present Subsea Portfolio at OTD 2014
Trelleborg will exhibit an extended range of offshore solutions, including its recently re-branded portfolio of thermal insulation materials,subsea seals and LNG hoses, at the Offshore Technology Days (OTD) 2014 in Bergen, Norway. Trelleborg’s offshore operation, Trelleborg Sealing Solutions and Tre
Hydroid Wins MassEcon Gold
Kongsberg Maritime’s subsidiary Hydroid has been named the Southeast division gold winner in the 11th Annual Massachusetts Economic Impact Awards. Designed to recognize excellence in job growth, facility expansion, and investment since January 1, 2014, the award celebrates companies that have made o
Ballast Nedam Bags Butendiek Subsea Inspection and Maintenance Contract
Ballast Nedam has been awarded the contract for the subsea inspection and maintenance of Offshore Wind Farm Butendiek by OWP Butendiek GmbH & Co KG, a company managed by German developer and wind farm operator wpd AG. The contract commences on 1 January 2015 and has an initial duration of 5 years. T
Ezra Wraps Up Gabon Work for VAALCO
Ezra’s Subsea Services division, EMAS AMC, has completed a US$120 million project for VAALCO Gabon (Etame) offshore Gabon in West Africa using the new build Lewek Constellation on her inaugural installation project. The work scope included the transportation and installation of two jackets, topsides
Promar Shipyard Hits VARD Profit
Singapore listed shipbuilder Vard Holdings, subsidiary of Fincantieri, has informed that slower-than-expected improvements in throughput and productivity at the new Promar shipyard in Brazil are impacting profitability during the ramp-up phase. Additionally, the cost was also incurred for the two ve
Ghanaian Wave Energy Project Ready for Startup
TC’s Energy will hold a ceremony for the wave energy project being developed jointly by TC’s Energy and Swedish company Seabased AB at the Ghanaian town of Ada. The event will mark the startup of the project on 17th October at District Assembly Office in Ada Foah. TC’s Energy and Seabased have signe
RNLI Helps Diver with Decompression Sickness
On Tuesday, October 14, the Royal National Lifeboat Institution (RNLI) Longhope Lifeboat was requested to launch by the Coastguards. They had been called out to assist a diver who was showing symptoms of decompression sickness aboard the dive boat Radiant Queen. The casualty was transferred to the l