Aker Solutions confirms that the transaction to buy a majority stake in Enovate Systems Limited, a leading technology company within subsea well control equipment, has been closed. Aker Solutions on January 29 announced that it had agreed to buy a controlling stake in Aberdeen-based Enovate. The tra
Two Sailors from Mobile Diving and Salvage Unit (MDSU) Two died while conducting diving operations in Maryland on Feb. 26. One victim was declared deceased at the scene. A second victim was transported to a local medical facility where he was later pronounced dead. The service members’ next of kin h
MeyGen has been awarded a capital grant of £10 million by the Department of Energy and Climate Change (DECC). Meygen will use the grant to further develop its Demonstration Array via the Marine Energy Accelerator Developer (MEAD) process which started in March 2012. The MeyGen project is the largest
Pelamis Wave Power has been awarded a £1.4m project from The Energy Technologies Institute (ETI) to fund development work to enhance the cost-effectiveness of wave energy converter arrays in UK waters. The funding will support the first phase of work this year ahead of a larger demonstration program
Gladstone Ports Corporation (GPC) completed a full hydrographic survey of the Bundaberg Port area last week to determine the impacts of the recent unprecedented flood event in the Burnett River. The survey has now been reviewed by the Regional Harbour Master and GPC. The survey indicates the followi
The Board of Thalassa announces that its subsidiary, WGP Energy Services Ltd, has entered into supplemental contracts with Joint Stock Company Sevmorgeo, the Russian geological sea survey company. The supplemental contracts are to supply additional services and a vessel as part of seismic data acqui
The first of five specialist subsea applications seminars organised by Kongsberg Maritime’s subsea department starts this Thursday (28 Feb 2013) in Copenhagen, Denmark. The free one-day seminars have been developed to enable users of Kongsberg Maritime hydroacoustic systems to speak with the experts
Statoil has awarded framework agreements for subsea operations services on the Norwegian Continental Shelf (NCS). The agreement ensures long-term supply of maintenance and operational support for Statoil’s’ subsea fields. The framework agreements could have an estimated total value of up to BNOK 14.
Swiber Holdings Limited (“Swiber” or together with its subsidiaries, “the Group”), a world class integrated construction and support services provider to the offshore oil and gas industry, today reported that the Group has hit a record for both revenue and net profit in FY2012, the highest since its
The installation of the first of two innovative suction-installed foundations on Dogger Bank on the weekend represents the first stage of construction of the world’s largest offshore wind development. The foundations will support meteorological masts that will monitor wave and wind conditions at the
E.ON and TAG Energy Solutions has announced that TAG has been awarded a contract to manufacture 16 monopiles and transition pieces for E.ON’s Humber Gateway offshore wind farm. The contract will see the Teesside based manufacturing firm become the first UK manufacturer to secure a substantial monopi
WGP announces that it has received and executed a letter of intent with Statoil ASA, the Norwegian energy company listed on the Oslo and New York stock exchanges, to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian
Aker Solutions, the international oil services provider, has as one of several suppliers been awarded a frame agreement with Statoil for the delivery of subsea operations and services on the Norwegian continental shelf. Subsea operations and services covers installation of subsea equipment, maintena
The Board of FAR Limited (“FAR” or “the Company”) announces the outcome of the updated prospective resource estimates following the completion of internal technical studies. The new assessment of the prospective resources, on an un-risked, best-estimate basis, concludes that approximately seven bill
