Subsea
Vallourec Faces Challenges Due to Large Customers’ Temporary Adjustments
Vallourec, world leader in premium tubular solutions, has announced an update of its 2014 guidance, following a significant temporary reduction in demand for its Oil & Gas operations in Brazil and in EAMEA. In Brazil, Petrobras has decided to eliminate most of its tube inventories by year end, while
Ross Offshore to Consult Rocksource on Well Management
Ross Offshore AS has announced a contract award with Rocksource Exploration Norway AS. The frame contract is for well management and Consultancy Services. Contract term is 7 years; 3 years firm and with two possible extensions of two years each. The Contract was effective as of June the 6th 2014. Ro
Baker Hughes Announces New BoD Appointments
Baker Hughes Incorporated has announced the appointment of Greg Brenneman, chairman of CCMP Capital Advisors, LLC, and W.H. “Bill” Easter III, retired chairman, president, and chief executive officer of DCP Midstream, to its board of directors. Prior to his role as chairman, president, and CEO of DC
Ocean Energy Forum Starts Working in Dublin
The European Union’s Ocean Energy Forum has announced its Steering Committee members today at its first working meeting in Dublin. The Committees, composed of an all-star cast of European ocean energy actors, started work on a comprehensive strategy for the commercialisation of the renewable ocean e
Petronas Awards Small Field Off Malaysia to Ophir Production
PETRONAS has awarded a Small Field Risk Service Contract (SFRSC) to Ophir Production Sdn Bhd (Ophir Production) for the development and production of petroleum from the Ophir field, located offshore Peninsular Malaysia. Ophir Production is a joint venture company between Octanex Pte Ltd, Scomi D&P S
MCT Wraps Up Endurance Testing at NAREC
The Offshore Renewable Energy Catapult’s National Renewable Energy Centre has completed a multi-axis onshore endurance test programme on Siemens-owned Marine Current Turbines’ first 1MW powertrain (gearbox, generator and power conditioning equipment) using the 3MW tidal turbine drive train testing f
Seaformatics Buys Aquacomm Modems and Transducers from DSPComm
DSPComm (Thailand) recently delivered several Aquacomm underwater acoustic wireless modems and Aquatrans high performance oil filled transducers to the Seaformatics Group in Canada. The Seaformatics Group is a research arm of the Memorial University of Newfoundland and Labrador (MUN), Canada, carryi
DNV GL Finds Way to Reduce Cost of OW by 10 Percent
DNV GL’s FORCE report (For Reduced Cost of Energy) identifies cost of energy savings of at least 10% through the integration of four market-ready technologies. DNV GL’s project FORCE (For Reduced Cost of Energy) has identified potential savings of at least 10% of the cost of offshore wind energy, if
Carbon Trust’s OWA in JIP to Undertake ‘Suction Bucket’ Installation Trials
The Carbon Trust’s Offshore Wind Accelerator is joining forces with Statoil, Statkraft, EON, DONG Energy and Universal Foundation, in close co-operation with Aalborg University, to undertake installation trials of the Universal Foundation ‘suction bucket’ offshore wind foundation. Such innovative fo
MCA Tests Oil Spill Clean Up Tech in Belfast (UK)
New high-tech equipment that can be deployed anywhere in the UK to clean up oil spills is today (Wednesday 11 June) being put to the test in Belfast Harbour. The Maritime and Coastguard Agency has recently purchased two new pieces of equipment known as the NOFI Current Buster 6. This is the very lat
Gray Fabrication to Build Floating Hull for Scotrenewables’ Tidal Turbine
Scotrenewables Tidal Power, the world leader in the development of floating tidal turbines based in Orkney (in Scotland), have awarded a key fabrication contract for the superstructure of the SR2000 tidal turbine to Gray Fabrication based in Cupar, Fife. The 2MW turbine, the SR2000, will be the culm
UK: National Subsea Research Initiative Launched
A major subsea research initiative has launched this month. The National Subsea Research Institute (NSRI) will be the focal point for the co-ordination of research and development activities for the UK’s subsea oil and gas sector. As a direct link between the subsea community and academia as well as
Norway to Build Research Vessel in Cooperation with FAO
Norway is to build one of the most advanced research vessels in the world as part of an ongoing project with the Food and Agriculture Organization of the United Nations (FAO) to support developing countries improve the management of their fisheries. The new $80 million research vessel Dr Fridtjof Na
Wärtsilä and DOF in Services Supply Agreement
Wärtsilä, the marine industry’s leading solutions and services provider, has signed an extensive three-year services supply agreement with the Norwegian DOF Group at the end of April 2014. The agreement covers services for all Wärtsilä equipment, including engines and propulsion as well as electrica