GDT TEK, Inc. today announced that its 50% owned subsidiary Steriwave-GDT Tek has filed a patent application for a system that safely removes and captures methane hydrates from undersea reserves. The main design of the Steriwave-GDT Tek subsea open pit drilling/extraction concept is to provide maxim
As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy in Amsterdam (11 & 12 October 2011), clearly reflects the confidence that governs the industry today. In four years time, the number o
MAN Diesel & Turbo signed a contract on 7 July 2011 in Frederikshavn, Denmark for the supply of 4 × MAN 8L32/40 engines to power a seismic vessel ordered by Sanco Shipping of Norway. The vessel will be built by Kleven Maritime at Myklebust shipyard in southern Norway and is scheduled for delivery by
Last week, Saturday the 12th August, the 105 meter Diving Support Vessel “Don Daniel” arrived at De Hoop’s fitting out quay in Rotterdam. Today the wheelhouse, funnel/boomrest and lifeboats where lifted on again. These items where taken off so the vessel could pass the bridges from Lobith to Rotterd
National Renewable Energy Centre Limited (“Narec”) Awarded Geophysical Survey Contract to EGS International Limited. EGS is to undertake a geophysical survey for the Blyth Offshore wind demonstrator project. EGS will: Provide vessels and equipment suitable for undertaking geophysical survey at site,
Paradigm Flow Solutions has undertaken work which increased production for a supermajor by over 3,000 barrels of oil per day using new groundbreaking technology. The Scotland headquartered company will be revealing how it has this summer cleared subsea pipelines that had been blocked for over a deca
A series of surveys to increase knowledge of Scotland’s marine life is due to be carried out, the Scottish government has said… (bbc) [mappress] Source: bbc, August 15, 2011;
Shell U.K. Limited confirmed the oil leak in a flow line to Gannet Alpha platform is under control. The subsea well was shut in on Wednesday and the flowline on the seabed is now isolated and depressurized. Leakage of oil has been considerably reduced. “Shell takes all spills seriously, regardless o
STX OSV Holdings Limited (“STX OSV” or “the Company” and together with its subsidiaries, the “Group”), a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, announces its results for the second quarter (“2Q 2011”) and first half ended 30 June 2011 (“1H
Skippers were yesterday warned to watch out for a runaway mini submarine that could be roaming the North Sea at high speed… (dailyrecord) [mappress] Source: dailyrecord, August 12, 2011;
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c
Kvaerner today announced second quarter 2011 results. “We are delivering a robust second quarter despite the loss on the Blind Faith project and a loss provision on the Longview project”, says Jan Arve Haugan, President & CEO of Kvaerner. Operating revenues in the second quarter amounted to NOK 3 9
Aker Solutions’ operating revenues in the second quarter of 2011 were NOK 7.8 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 636 million. Order intake in the quarter was NOK 14.3 billion. “We have a strong order intake which reflects high tendering and activity
