Subsea
Aquatic Names EMEA General Manager
Aquatic Engineering & Construction Ltd, an Acteon company, has appointed Martin Charles as regional general manager, Europe, Middle East and Africa (EMEA). This appointment contributes to Aquatic’s business strategy for 2014 and its ambitious expansion programme, which will improve customer service
MCT Secures Agreements for Lease for Three New Commercial-Scale Tidal Projects
The Crown Estate, manager of the UK seabed, has announced that it has agreed seabed rights for new demonstration zones and project sites around the UK’s coast. The rights include six new wave and tidal current demonstration zones and five tidal current project sites each with the potential to delive
UK: EC Injects $408 Mln into ‘White Rose’ CCS Project
A UK carbon storage project that would support up to 2,000 jobs and provide clean electricity to more than 630,000 homes today received a funding boost of €300m from the European Commission. The White Rose project, based at Britain’s largest coal-fired power station, the Drax plant in Yorkshire, is
Ocean Energy Europe Calls for Continuation of NER300 Programme
Ocean Energy Europe has called for a new EU funding programme for technology demonstration following the NER300 programme, in a joint letter with Europe’s renewable energy associations to the Commissioner Connie Hedegaard. This follows the second and final round of NER300 awards, in which ESB’s pion
Island Offshore Takes Delivery of ‘Island Performer’
The Ulstein Verft subsea newbuild, ‘Island Performer’, was delivered today to ship owner Island Offshore. The flexible, state-of-the-art RLWI/IMR vessel will serve her first five years for FTO in the Gulf of Mexico. “The vessel is customised to suit the scope of work in the FTO contract, in which RL
Scottish Renewables Welcomes The Crown Estate Wave and Tidal Announcement
Scottish Renewables has welcomed an announcement by the Crown Estate that two new wave and tidal demonstration zones, and two new project sites, are set to be leased in Scottish waters. This announcement means that local organisations will be able to manage and sub-let parts of the seabed to wave an
Maersk Oil Learns $1.7 Bln Worth Lesson in Brasil
Maersk Oil has revised its strategy and will no longer pursue growth or operatorship for its business in Brazil. As a consequence of this, Maersk Oil has divested its ownership share in the small producing field Polvo to the operator, Brazilian independent HRT O&G Exploracao e Producao de Petroleo L
DSV Harkand Swordfish Gets New SPHL Through $8.5 Mln Upgrade
Harkand successfully completed the test fit of the newbuild self-propelled hyperbaric lifeboat (SPHL) to the hyperbaric rescue facility (HRF) at Unique Maritime Group’s facility in New Iberia, Louisiana. In the Gulf of Mexico, industry standards require diving support vessels to be equipped with a m
Noreco’s Production Figures Rise
Norwegian Energy Company (Noreco) in June 2014 produced 7 350 (4 558 in May) barrels of oil equivalents per day (boepd) on average. Net realised price in June was USD 103.5 per barrel of oil equivalents (USD 111.5 per barrel of oil) after adjustments for inventory, NGL and gas prices. For the second
EMGS Extends Charter for Boa Galatea
Electromagnetic Geoservices ASA (EMGS) has declared the second of the originally 3 x 12 months options for research and survey vessel Boa Galatea, as per Charter Party dated 12.03.2007. The Vessel is therefore on firm contract up to 17th of July 2016, with another 1 x 12 months option remaining. The
Crown Estate Enables Further Growth for Wave and Tidal Developments
The Crown Estate has agreed seabed rights for six new wave and tidal current demonstration zones, which for the first time will enable locally-based organisations to manage and sub-let parts of the seabed to a range of wave and tidal stream developers and for five new wave and tidal current sites, e
Leidos Begins Construction of ACTUV (USA)
An autonomous unmanned vessel designed to track quiet diesel-electric submarines spanning miles of ocean depths for months at a time with minimal human input is now under construction and is expected to set sail for testing in 2015. Leidos, a national security, health and engineering solutions compa
Statoil to Extend Statfjord Subsea Installations
Statoil has received consent for extended use of Statfjord C, Statfjord Nord, Statfjord Øst and Sygna beyond their original design lives. Statfjord is an oil field located in the Tampen area which began production in 1979. Statfjord has been developed using three platforms with concrete substructure
Phoenix South-1 Starts Drilling Ops in Side Track Wellbore
Carnarvon Petroleum Limited reports that the Phoenix South-1 well has commenced drilling operations in the side track wellbore. As at 06:00 hours on 7 July 2014 the well was drilling ahead at approximately 1,960m on the way to the 9 5/8” casing point of around 3,700m. As reported on 23 June 2014, a