Nick, who previously ran Dana’s operations in Egypt, took up his new position on 1 March replacing Reidar Hustoft, who has recently moved to become Managing Director for the company’s Norwegian business. Nick joined Dana in 2008 from Shell where he worked in a variety of exploration and production m
An exciting and lucrative career opportunity is on offer to 15 Scottish residents, who are being given the chance to retrain at a leading diver training facility thanks to a funding boost. The Underwater Centre in Fort William is able to offer 15 commercial diver training places at half the original
The DeepOcean Group announced it has secured a new €125 million senior credit facility. The agreement consists of a €95 million senior secured revolving credit facility including an ancillary feature for performance guarantees and a €30 million senior secured term loan facility. Both the revolving c
2012 was a satisfying year in terms of performance and for the first time Ramboll delivered revenue of EUR 1 billion, equivalent to DKK 7.6 billion. Operating profit before goodwill amortisation (EBITA) amounted to DKK 406 million. This growth is driven by strong performance in Scandinavia and in pa
The Renewable Energy Association (REA) welcomes the news that several marine renewables projects are set to progress having been successful in securing funding. MeyGen Ltd and Sea Generation Wales Ltd have won £10 million each under the Government’s Marine Energy Array Demonstrator scheme (MEAD), wh
Offshore Center Denmark has set up a network for companies interested in underwater robots. The need for sophisticated technology, used for extraction of oil from the oil fields in the North Sea and harnessing electricity from offshore wind farms, is on the rise. As more and more facilities are plac
Anadarko Petroleum Corporation announced it has signed a definitive agreement with an undisclosed party to enter into a carried-interest arrangement for a portion of Anadarko’s ownership in the Heidelberg development project in the deepwater Gulf of Mexico. Under the terms of the agreement, Anadarko
Petrobras has confirmed the presence of good quality oil in well 3-RJS-706 (3-BRSA-1132-RJS), located in block BMS-11 of the Iara area, in the Santos Basin pre-salt. The well is 226 km off the coast of Rio de Janeiro and 6 km from the discovery well (1-RJS-656, Iara), at a water depth of 2,197 meter
Serica Energy plc announces the issue of tender documents for development of the North Sea Columbus field. The Field Development Plan provides for the supply of 51.3 million cubic feet of gas per day at peak to the UK gas market and 3,600 barrels per day of condensate and natural gas liquids (NGLs)
The Board of Directors of Alam Maritim Resources Berhad (“AMRB” or the “Company”) announced that Alam Maritim (M) Sdn Bhd (“AMSB”), a wholly-owned subsidiary of the Company, had recently received two Letters of Award for the provisions of underwater services for a local oil and gas company (“the Con
Delphine Batho, French Minister for Ecology, Sustainable Development and Energy announced the launch of a call for expressions of interest to promote demonstration projects in offshore renewables on Monday, according to UPI.com news site. Furthermore, Ms. Batho disclosed information on exploiting th
Odyssey Marine Exploration, Inc. OMEX, a pioneer in the fields of deep-ocean shipwreck and offshore mineral exploration, through a wholly-owned subsidiary, has sold 15% of Oceanica Resources, S. de. R.L., a newly-organized subsidiary engaged in seafloor mineral exploration, for U.S. $15 million to M
SSE has announced that it will no longer have a financial involvement in the NorthConnect project, the interconnector development company seeking to build a subsea electricity cable between Great Britain and Norway. NorthConnect partners (Vattenfall UK, E-CO Energi, Agder Energi (AE), and Lyse) rema
DONG Energy has discovered hydrocarbons at Trym South in the Norwegian North Sea. Trym South is located approximately 2 kilometres south of the Trym field in the southern part of the North Sea. Current estimates suggest a discovery between 1 and 2 million Sm3 oil equivalents. Data has been acquired
