Subsea
PSA Inspects Pipelines Manufacture for Knarr Project
On 21 and 22 November 2013, the Petroleum Safety Authority Norway conducted an audit of the manufacture of pipelines for the Knarr project. The objective of the audit was to verify that the manufacture of the pipelines for the Knarr project complies with the regulations. A further objective was to v
Chevron Adds New BoD Member
Chevron Corporation announced that Jon M. Huntsman Jr. has been elected to Chevron’s board of directors, effective Jan. 15, 2014, and will serve on the company’s Board Nominating and Governance Committee and Public Policy Committee. John Watson, chairman of the board and chief executive officer, Che
EurOceanique Becomes MacArtney France
The MacArtney Group unveils that as of January 2014, long standing MacArtney Group member, EurOceanique, will carry out a name change to become MacArtney France. MacArtney France Founded in 1994 and operating out of modern office and workshop facilities in Rousset, MacArtney France employs a strong
NOC Study Unveils Evidence for Assessing Tsunami Risk from Large Volcanic Island Landslides
The risk posed by tsunami waves generated by Canary Island landslides may need to be re-evaluated, according to researchers at the National Oceanography Centre. Their findings suggest that these landslides result in smaller tsunami waves than previously thought by some authors, because of the proces
SeaBird: Voyager Explorer Contract in Asia Pacific Cancelled
SeaBird Exploration Plc (“SeaBird”) informs that a contract previously announced for the Voyager Explorer with a national oil company in the Asia Pacific region, has finally been cancelled after a series of delays. The contract had an estimated duration of about 110 days and commencement was expecte
NERC Exercises Option with GC Rieber for RRS Ernest Shackleton
The Natural Environment Research Council (NERC) declares its first option for a one year extension of the bareboat charter for “RRS Ernest Shackleton”. The option will be effective from August 2014. “RRS Ernest Shackleton” has been on a long-term charter with NERC`s British Antarctic Survey since Au
Saipem Sells Firenze FPSO to Eni for $463 Mln
The Board of Directors of Saipem S.p.A. has approved the signing of an agreement with Eni for the sale of the Firenze FPSO (Floating Production Storage and Offloading) business line for €336 million. The agreement will see the sale to Eni of the Firenze FPSO unit, currently deployed in the Eni-opera
Chevron Announces $39.8 Bln Capital and Exploratory Budget for 2014
Chevron Corporation announced a $39.8 billion capital and exploratory investment program for 2014. Included in the 2014 program are $4.8 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. The 2014 budget is approximately $2 billion lower than expected total
United Effort to Attract Decommissioning to East of England
James Gray, inward investment director for EEEGR and the East of England Energy Zone (EEEZ), has welcomed the progress of a group set up to encourage energy businesses across the region to work together to attract as much work as possible from the predicted boom in decommissioning Southern North Sea
Two Buoys in Northern Irish Wind Resource Zone Drift Away
Two of four cardinal buoys, which were deployed within the Northern Irish Wind Resource Zone as part of an offshore wind project, have drifted away from their positions. Fugro EMU Limited has been commissioned by First Flight Wind Limited to install and maintain two MetOcean wave monitoring buoys, f
Antarctic Marine Life Flourishes Despite Climate Warming
Rapid climate change is threatening marine communities, but scientists have found that marine life is flourishing in Antarctic fjords despite warming in the region. Deep inside the subpolar fjords of Antarctica, researchers have uncovered an unexpected abundance and diversity of marine life at the s
Husky Energy’s Production to Grow in 2014
Husky Energy is on track to achieve substantial production growth in 2014, supported by consistent performance from all segments of the business and commencement of production from the landmark Liwan Gas Project. Liwan is the cornerstone of Husky’s Asia Pacific growth pillar and the first of several
Mattressing Protection Displaced on Isle of Man – UK Interconnector Power Cable
Following a recent survey on the IOM-UK Interconnector cable, KIS-ORCA has identified that a section of mattressing protecting the cable has been displaced. IOM-UK Interconnector cable runs between Douglas, Isle of Man and Bispham in Blackpool and includes small sections where the interconnector cab
Solstad Secures New Charter Contract for CSV Normand Pacific
Solstad Offshore ASA (SOFF) has entered into a contract with Ceona, where Ceona charter the CSV “Normand Pacific” for a period of 1 year firm with an additional 1 year option. The contract commences in April 2014. The contract value is confidential between the parties, but in line with present marke