Aquamarine Power, the pioneering wave energy company, has agreed a £3.4 million loan with Barclays Corporate in a deal that marks an important milestone for investment in the marine energy sector. The groundbreaking transaction is the first time a UK marine energy project has succeeded in securing b
Dr Vince Cable, Secretary of State for Business, Innovation and Skills, has visited Aker Solutions to find out more about the company’s grow… (SubseaUK) [mappress] Source: SubseaUK, Sptember 05, 2011;
A £42m system designed to carry electricity from wave energy machines off Cornwall to the mainland has yet to be used, a year after installation. The wave hub, 10 miles off Hayle, is designed to allow companies to test their wave energy devices. Only one of the five wave energy companies originally
Emerson Process Management has launched its new downhole flow sensor system. The new system will, for the first time, generate multiphase flow measurements from downhole in the well, leading to increased operator understanding of reservoir flow and zonal contributions from wells and increased produc
EirGrid plc, the independent electricity Transmission System Operator in Ireland, is building a new electricity link called the East-West Interconnector (EWIC) between the electricity grids of Ireland and Great Britain (GB), through its wholly owned subsidiary EirGrid Interconnector Limited (EIL). I
Sound of Mull Artificial Reef Trust (SMART) is looking to commission a feasibility study for the placing of an artificial reef in the Sound of Mull, West Coast of Scotland. The reef will be a decommissioned British Naval vessel. The feasibility will have to consider the economic, technical and envir
The AF Group has signed a contract with DeepOcean to demolish and recycle Statoils loading buoy at Statfjord C. For AF Group the contract comprises planning, engineering and preparation offshore, bringing the buoy onshore and recycling. DeepOcean has total responsibility for the contract, including
GSP provides ROV and ROV crew, subsea compensated crane and marine crew for the South Stream project. GSP Prince is mobilized to provide services for an estimated six months period under a contract with one of the contractors, Peter Gas. GSP Prince, the DP2 Divers & ROV Survey Offshore Support Vesse
Noordhoek has emerged after a turbulent period as a reinvigorated company, ready to capitalise on its strengths, expand its business and build a brand synonymous with excellence. “This rejuvenation is a testament to our dedicated workforce, who. with the support of our ambitious partner Value Enhanc
Offshore Independents B.V., leading providers of EPCProject Management and Engineering services to the international oil and gas industry, announced that it has been awarded a project management contract by international dredging, marine and offshore contractor Van Oord of Rotterdam, The Netherlands
Ulstein Sea of Solutions is nominated for the Dutch HME Maritime Innovation Award 2011 for their SOC 5000 vessel design. The SOC 5000 is a self propelled heavy lift crane vessel design, measuring 180,9 m by 46.4 m with a lifting capacity of 5.000 metric tons. Based on this design two customized vers
Subsea UK has updated its index of subsea databases for this month. Subsea UK members can now log in to access the Projects, Contracts, Vessels, Renewbables and FPSOs & FPUs databases for internal usage. Ongoing Databases The Renewables Database consists of over 100 current Offshore Renewables proje
Looking more like one of Her Majesty’s Ships by the day – and less like an oil rig support vessel – is new Antarctic survey vessel HMS Protector, which has spent the summer being readied for her inaugural deployment. The Portsmouth-based ship now boasts miniguns (Gatling guns) and General Purpose Ma
Subsea specialists Marin Group and Ecosse Subsea Systems have formed an alliance to offer a one-stop excavation and trenching service to the oil, gas and renewables industries worldwide. The association brings together Marin Group’s pioneering Evo System suite of mass-flow excavation, claycutting an
