Today, the Ministry of Petroleum and Energy is announcing this year’s licensing round for mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2013. The aim is to award new production licences in the announced areas at the beginning of 2014. “I am very pleased to announ
Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase state-of-the-art technologies at MEE 2013, the electrical industry’s largest show in the Middle East, taking place in Dubai from February 17 to 19, 2013 (booth C20, Hall 7). “Middle East Electricity 201
Forum Energy Technologies, Inc. reported fourth quarter 2012 revenue of $330 million compared to $337 million for the fourth quarter 2011. Net income for the fourth quarter 2012 was $24 million, down from fourth quarter 2011 net income of $32 million. Diluted earnings per share for the fourth quarte
Hallin Marine Australia, a Superior Energy Services company, announces that it has secured Vessel Safety Case acceptance from the Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for its subsea operations vessel Windermere. This approval enables the vess
Havila Shipping ASA has entered into a long term charter contract with Deepocean for the 2009 built Subsea vessel Havila Phoenix. The contract is for a firm period of 7 years with 4 optional periods each of 1 year. Commencement is Q1 2014. The contract includes an agreement about some reconstruction
In December, Det norske oljeselskap ASA submitted Plan for Development and Operation (PDO) of the Ivar Aasen field, in accordance with the Company’s plan. The main contracts for the development are now in place. AGR has performed an independent certification of the Company’s reserves and most import
Aker Solutions reported revenues of NOK 12.0 billion and earnings before interest, tax, depreciation and amortisation of NOK 1.2 billion in the fourth quarter of 2012. Based on the preliminary annual results, which show revenues of NOK 44.9 billion and EBITDA of NOK 4.7 billion, the Board of Directo
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for DOF Subsea. The vessel will be of OSCV 12
Technip was awarded by Sabah Shell Petroleum Company Ltd (SSPC) an important subsea pipelines contract for the Malikai Deepwater project, located offshore Sabah, at a water depth of approximately 650 meters. The contract includes transportation, installation and pre-commissioning of a 8” 50-kilomete
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”). This newbui
SeaBird Exploration Plc (“SeaBird”) announced that the Osprey Explorer has been awarded a contract with estimated duration of about 30 days in West Africa. Estimated contract value is approximately USD 2.6 million. Commencement is within the next days. Osprey Explorer is currently in Las Palmas. Sea
A tidal energy platform specialist, Sustainable Marine Energy (SME), working closely with Cranfield University, has completed a £150k SEIS eligible funding round which was corner-stoned by a £133k investment by a London Business Angels (LBA) syndicate, including a £40k investment by the LBA SEIS Rou
The Department of Transport, Tourism and Sport has been advised that Shell E&P Ireland Limited is scheduled to recommence a 3D seismic survey off the west coast of Ireland, over the Corrib Field. Approximately 40% of the survey was completed in 2012. The planned start of the survey is 20th February
VideoRay will exhibit at stand (B-034) located in the US Pavilion at NAVDEX 2013. They will hold two live in-water demonstrations each day. VideoRay will demonstrate the Pro 4 MIL 300 ROV configuration which includes several features designed for military style operations including EOD (Explosive Or
