Marine Cybernetics AS (MC) recently signed its first contract for delivery of HIL testing (Hardware in the Loop) to a total of 6 MODU (Mobile Drilling Units) new builds to be hired by Petrobras in Brazil. Marine Cybernetics has for many years worked actively to get into this market, and this marks a
The Petroleum Safety Authority Norway (PSA) carried out an audit of Ekofisk 2/4-C and ConocoPhillips between 5 February and 22 March 2013. The audit was directed at the company’s follow-up of well barriers and well control equipment with associated control systems. Objective The objective of the aud
Cargotec’s MacGregor has received EUR 37 million order from Hornbeck Offshore Services Inc. to deliver four 250-tonne active heave-compensated (AHC) subsea cranes for four multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015. The order
Subsea 7 S.A. announced a contract award by Pemex to its Mexican joint venture valued at approximately $90 million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers1 and two cantilever structures for the Line 67 Project in the
Technip was awarded by Statoil an engineering, procurement, construction and installation lump-sum contract for the Norne field development, located in the Norwegian Sea at a water depth of approximately 380 meters. The contract covers the: – engineering and fabrication of two flexible smoothbore ga
Coastline Surveys has completed a geotechnical investigation of the seabed cable route at the proposed Navitus Bay offshore wind park, off the South coast of England. Coastline Surveys, the Falmouth-based marine data consultancy, was delighted to be chosen to extend previous phases of work as the ma
Key geotechnical feasibility studies on the site of Wikinger offshore wind farm have been successfully concluded, with a total cost of €20 million. The studies comprised a full geological survey of the seabed in an area of some 34 square kilometres. Also, stratigraphic samples of sedimentary and met
Due to a continually rising demand for hydrocarbons, the exploration of offshore oil and gas has moved past shallow reservoirs to even greater depths. As such, deepwater subsea production systems must now go deeper and reach further than ever before in order to extract more oil and gas from harsher
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, announces Irish Government consent has been received for the transfer of interest and operatorship (`Transfer’) for its two Licensing Opti
Ithaca Energy Inc. announces its quarterly results for the three months ended March 31, 2013. In light of the Valiant transaction closing on April 19, 2013, also included is the unaudited financial highlights for the same period, showing the contribution from Valiant Petroleum plc (“Valiant”) for th
Det norske oljeselskap ASA has come to an agreement with Total E&P Norge AS with regards to transfer of participating interests in three licenses. In the Barents Sea, Det norske assigns ten per cent of license 535, which contain the Norvarg discovery, to Total. After the transaction Det norske holds
During the last 12 months HMA Ships Shepparton and Benalla have been involved with hydrographic surveys in and around Torres Strait. Their focus has been to achieve high order surveys for Australian Maritime Safety Authority’s (AMSA) Under Keel Clearance Management System (UKCM). A challenge given t
Statoil and Total have reached agreement on asset swap in the Barents Sea. Statoil acquires 10% equity in PL535 in exchange for 10% equity in PL395. Production licenses PL395 and PL535 are situated on the Bjarmeland Platform in the central Barents Sea, where both companies have proved gas resources:
Wood Group Kenny (WGK) has been awarded a multi-million dollar engineering contract for a major new project in Australia. GDF SUEZ Bonaparte Pty Ltd (GDF SUEZ), a subsidiary of French energy giant GDF SUEZ S.A., operator of Bonaparte LNG project has awarded WGK a contract for a (pre-FEED) subsea con