Subsea
BOA Galatea to Carry Out 3D EM Survey Offshore Newfoundland
Nalcor has signed a multi-client license agreement with Electromagnetic Geoservices ASA (EMGS) for regional 3D Electromagnetic (EM) Survey data over frontier areas of Newfoundland’s offshore. The BOA Galatea, the vessel that will carry out the survey, is in the Port of St. John’s preparing to commen
Statoil to Use Deepsea Atlantic to Permanently Plug Well 34/10-52A/B at Gullfaks Sør
Statoil has received consent to use Deepsea Atlantic for permanent plugging of well 34/10-52A/B at Gullfaks Sør. Gullfaks Sør lies due south of Gullfaks in the northern part of the North Sea. The field has been developed using a total of 12 subsea templates tied back to the Gullfaks A and Gullfaks C
Nova Innovation Appoints Ian Marchant as Chairman
Nova Innovation, the Edinburgh-based tidal energy company has appointed Ian Marchant, the former SSE Chief Executive, as Chairman. Ian Marchant was head of the UK energy firm SSE for over 10 years before standing down in 2013. Since then he has taken director and chairman roles with selected compani
JDR Opens New Offshore Engineering Technology Centre in Cambridge
JDR, a leading provider of technology connecting the global offshore energy industry, is opening a new offshore engineering technology centre in Cambridge. Building out from JDR’s global HQ in North Cambridgeshire, the new centre will put JDR at the heart of Cambridge’s growing oil and gas innovatio
Nexans’ First-Half Results in Line with Expectations
The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 24, 2014, approved the Group’s condensed consolidated financial statements for the first half of 2014. Consolidated sales for the six months ended June 30, 2014 came to 3.216 billion euros compared with 3.412 billion euros for
Bluestream Orders Containerised Air-Dive Spreads from IHC Hytech
IHC Hytech, part of Royal IHC, has secured an order for two innovative containerised air-dive spreads from Bluestream, an offshore and subsea company that operates in the oil and gas, and renewable energy sectors. These high-quality systems consist of a containerised 1,800mm decompression chamber wi
Gulf Island, Bechtel to Jointly Pursue Opportunities in Gulf of Mexico
Gulf Island Fabrication, Inc. have signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.S. Gulf of Mexico and abroad. Gulf Island’s fabrication experience, infrastructure, and skilled labor along with Becht
Atlantis Signs Turbine Supply Agreements for MeyGen Project
Atlantis, owner of the world’s largest planned tidal current energy project, MeyGen, and tidal energy equipment supplier, announces that it has signed a turbine supply agreement with Andritz Hydro Hammerfest to supply three 1.5 megawatt tidal power turbines for Phase 1A of the MeyGen project in the
Concordia to Arrive in Genoa on Sunday
After approximately 30 hours of navigation, the Concordia has travelled for 63 nautical miles at an average speed of 2 knots. According to the latest reports, the convoy is located between Isola d’Elba and Corsica. The sea is calm, while the wind has a North/North East direction with a speed of appr
Forum Achieves Record Revenue in Q2
Forum Energy Technologies, Inc. announced second quarter 2014 revenue of $428 million compared to $368 million for the second quarter 2013. Net income for the quarter was $40 million or $0.41 per diluted share compared to $30 million or $0.32 per diluted share for the prior year period. Included in
Carnegie, University of Adelaide Partner on Control Systems Project
Wave energy developer Carnegie Wave Energy Limited will partner with the University of Adelaide on a $1.8m project part funded by an Australian Research Council (ARC) Linkage Grant to research and develop control strategies for wave energy converters. The three year project will specifically focus o
Statoil Delivers Solid Operational Performance in Second Quarter
Statoil’s second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the No
SeeByte Sells Additional SeeTrack CoPilot Licences to Seatronics
SeeByte, the global leader in creating smart software for unmanned maritime systems, announces the sale of a further five SeeTrack CoPilot licences to Seatronics. This market-leading software will be integrated into Seatronics’ Predator ROV, allowing the system to benefit from improved capabilities.
Lower MultiClient Revenues Impact PGS’ Q2 Results
Petroleum-Geo Services (PGS) released the results for the second quarter with revenues of $337.0 million, compared to $381.7 million in Q2 2013. Second quarter highlight include: – EBITDA of $170.6 million, compared to $209.6 million in Q2 2013, – EBIT, excluding impairments, of $55.3 million, compa