The National Renewable Energy Centre (Narec) has established a £2.8 million public-private initiative to support SMEs in the North East of England to move into the rapidly developing offshore wind and marine renewable energy supply chain. The Renewable Energy Technology Accelerator (RETA) project wi
Electromagnetic Geoservices ASA (EMGS) has today signed a contract worth USD 99.8 million with PEMEX, one of the world’s largest national oil companies. “PEMEX has truly realised and taken full advantage of the game-changing potential of 3D EM, and has become one of the world’s most advanced users o
Wood Group Wagners (WGW) has secured a $10 million (AUD) contract extension from GLNG operations Pty Ltd in Australia. WGW will provide pipeline project management personnel for the 420km gas transmission pipeline (GTP) development as part of the Gladstone Liquefied Natural Gas (GLNG) project, in Qu
Transparency Market Research recently published a market report “Oilfield Equipment Market (Drilling Equipments, Field Production Machinery, Pumps and Valves and Other) – Global and U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018”, which states that the global market fo
Following a distinguished 35 year career working for NERC at IOS Liverpool, later to be re-branded the Proudman Oceanographic Laboratory and from April 2009, the National Oceanography Centre, John Huthnance retired in January 2013. To celebrate John’s wide ranging scientific contributions to shelf s
IHC Merwede has announced that it has signed two new contracts for the EPC (engineering, procurement and construction) delivery of offloading system packages for five FPSO vessels (floating production storage and offloading). The first of these packages will be placed on to one of MODEC’s FPSO vesse
The National Hyperbaric Centre (NHC) has appointed Anglea Stephen as Dive Doctor Lead Coordinator at DiveDoctor, a diving medical information service. Sandy Harper, NHC Associate Director, commented on the new position, saying: “Angela has been a key individual in developing the Subsea Consulting De
EU Naval Force can confirm that the Malaysian flagged Motor Vessel MV Albedo, held by armed pirates at an anchorage close to the Somali Coast, has sunk in rough seas. MV Albedo has been in pirate hands since it was attacked in the Indian Ocean in November 2010, and was in pirate hands when it [&hell
Lowestoft based start-up Scour Prevention Systems has won the ‘One to Watch’ award at the East Anglian Daily Times Business Awards 2013. The company, based at the OrbisEnergy innovation centre, has developed an innovative and patented solution to prevent scour around the base of offshore structures
Through water communication and positioning technology company, Nautronix, celebrated 30 successful years in the Oil and Gas industry this week. Their financial year has come to an end and they are reporting growth in 2012/2013 of more than 41% on the previous year, with revenue increasing to £16.1m
All four export cables have been installed at RWE npower renewables’ flagship Gwynt y Môr Offshore Wind Farm off the North Wales coast. The final subsea cable burial was completed between the coast and one of the two offshore substations on Tuesday 2 July. In addition, half of the foundations are fi
Volstad Shipping AS has signed a contract with Tersan Shipyard in Turkey regarding building of a Subsea IMR and Construction Vessel. The contract was signed July 4th 2013 and is subject to satisfactory financing. The new vessel has main dimensions of 128.5m x 25m and is of ST-259 design. Estimated d
CGG provides its vessel utilization and its fleet allocation for the second quarter of 2013. Vessel utilization for the second quarter 2013: – The vessel availability rate was 93%. This compares to a 91% availability rate in the second quarter of 2012 and a 88% rate in the first quarter of 2013. – T
The Coast Guard and Bureau of Safety and Environmental Enforcement (BSEE) are responding to a loss of well control event at Ship Shoal Block 225 Platform B, a natural gas and crude oil platform located approximately 74 miles southwest of Port Fourchon, Tuesday. The Coast Guard and BSEE received a re