On Tuesday, April 9, the U.S. Department of Energy (DOE) Water Power Program notified potential future applicants of an upcoming Funding Opportunity Announcement tentatively titled, “Marine and Hydrokinetic (Wave) Testing Infrastructure Development.” DOE intends to fund two university- or national l
EnerMech’s continuing success has been further boosted with an additional £20 million funding from Lloyds Bank Commercial Banking in Aberdeen. The latest tranche of funding will support EnerMech’s organic growth initiatives and will also assist in funding a number of acquisitions the Aberdeen mechan
FoundOcean has successfully grouted jacket and template structures in all energy producing areas of the world since 1974. Successful structural grouting relies on project preparation, experienced engineers and attention to detail during every stage of the project. FoundOcean understands that every p
Sonardyne International Ltd.’s Ranger 2 USBL acoustic positioning system has played an important role in the recent discovery of the world’s deepest known undersea volcanic vents by a team from the National Oceanography Centre (NOC) in Southampton. The expedition used Ranger 2 to track the Remotely
CGG announced that it has been awarded two contracts by Statoil ASA to provide long-term seismic imaging services for permanent reservoir monitoring (PRM) operations on the Snorre and Grane fields in the Norwegian sector of the North Sea. The scope of each contract also includes acquisition QC servi
Pacific Drilling S.A. announced that a subsidiary of Total S.A. has elected to exercise a one-year option to extend the firm contract term for the Pacific Scirocco to January 2015. The contract provides for a further option, to be exercised at the client’s discretion by April 7, 2014, which could re
Reef Subsea has secured two contracts for offshore operations in the West Africa region with a combined value of more than US$15M (£9.8 Million). The firm’s IMR and Construction division, based in Bergen, Norway, is working with two major oil and gas companies on the projects in The Republic of Cong
DeepFlex, the world’s only manufacturer of premium unbonded composite flexible pipe used in challenging subsea oil and gas production environments, announced that it has entered into a significant funding agreement with funds co-managed by two of Brazil’s leading private equity firms, Mare Investime
Wilhelmsen Ships Service (WSS) is increasing its offer to clients in the offshore vessel and energy production sectors in 2013, with a strong focus on opportunities in Singapore and South East Asia. WSS has been supplying the Offshore Supply Vessel (OSV) market for more than 30 years, but going forw
Forum Subsea Rentals, the Aberdeen based equipment rental specialist have made a further significant investment in inertial navigation technology from supplier iXBlue. This latest investment makes Forum Subsea Rentals one of the world’s largest stockists of iXBlue products. The equipment is due to b
WesternGeco announced that it has begun acquisition of its Ice Bear 2 multiclient 3D survey in the western Barents Sea using its new IsoMetrix marine isometric seismic technology. The isometric inline and crossline sampling delivered by the IsoMetrix technology will provide high-resolution broadband
O-lay is a state-of-the-art disruptive method to install offshore pipeline in a safe way and with a minimum of costs. The method has following stages: Welding and construction onshore, pulling the pipe in the water supported by floatation devices, spiraling the pipe in a flat mono-layer spiral on th
Kongsberg Maritime Ltd announces at Ocean Business 2013 that it will add a number of Autonomous Underwater Vehicles (AUV) to its rental pool during 2013/14. The addition of AUV capability will further enhance the existing portfolio of Kongsberg Maritime Ltd rental equipment, which supports customers
Reliable information on the depth and floor structure of the Southern Ocean has so far been available for only few coastal regions of the Antarctic. An international team of scientists under the leadership of the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research, has for the f
