The Crown Estate announces that it is considering investing in the UK’s first wave and tidal stream array projects, in support of its strategy to encourage growth of the emerging industry. This follows a report last year which found there is potential for tens of gigawatts of wave and tidal projects
Lundin Petroleum AB (“Lundin Petroleum”) announces that its wholly owned subsidiary Lundin Norway AS has been awarded seven exploration licence interests in the 2012 Norwegian Licensing Round (Awards in Predefined Areas, APA). The awarded licences include four licences in the North Sea, two in the N
This year at the second annual NAVDEX maritime security exhibition, Sonardyne International Ltd. will be giving live demonstrations of its fully automated surface and underwater security system NiDAR, and world leading diver detection sonar, Sentinel IDS. Taking place at the ADNEC exhibition centre
Antrim confirms that the export infrastructure system (“Export System”) used by the Causeway Field (“Causeway) and Cormorant East Field (“Cormorant East”) in the UK Northern North Sea is currently unavailable due to a potential hydrocarbon leak on the Cormorant Alpha platform. As a consequence, all
Congressman Schrader applauded the Northwest National Marine Energy Center (NNMREC), which is based at Oregon State University, for its selection of the coastal town of Newport as the future home of the first utility-scale, grid-connected wave energy test site in the United States — the Pacific Mari
Flexlife, a specialist provider of flexible pipe technologies and engineering services, has posted its 2011-12 (to year end March 31) results with more than a 45% rise in comparable turnover from £7.35million to £10.6million. The Aberdeen-based company expanded significantly over the 12-month period
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has been awarded eight new prospective exploration licences, including three operatorships, under the 2
TenneT and Mitsubishi Corporation officially closed their partnership with respect to two German offshore high-voltage cable projects, BorWin1 and BorWin2. Mitsubishi’s voting interest will be 49% with aggregate maximum equity commitment of EUR 240 million. At the same time both partners signed a co
The International Seabed Authority and G-TEC Sea Mineral Resources NV (GSR) of Belgium signed a 15-year contract for prospecting and exploration for polymetallic nodules on 14 January 2013. The contract was signed by the Secretary-General of the Authority, Nii Allotey Odunton and the Managing Direct
The Northwest National Marine Renewable Energy Center, or NNMREC, which is based at Oregon State University, has chosen Newport, Ore., as the future site of the first utility-scale, grid-connected wave energy test site in the United States – the Pacific Marine Energy Center. The Pacific Marine Energ
TGS has commenced acquisition of a 3D multi-client survey, Sunfish, which covers up to 7,800 km2 of highly prospective acreage in the Harper Basin, offshore Liberia. “This survey provides excellent data coverage for the source prone, syn-rift and early post-rift sequences, in this highly prospective
Subsea 7’s flagship ‘Seven Borealis’, a customised SOC 5000 design designed by ULSTEIN has been nominated for the prestigious Ship of the Year Award organised by the Offshore Support Journal. The Seven Borealis measures 182.2 x 46.2 metres and has a moulded depth of 16.1 metres. This state-of-the-ar
Bolt tightening specialist, Tentec Ltd, announces that it will be showing its bolt tensioning products for the oil and gas industry on the stand of its Australian distributor National Tools on Stand M1 at AOG 2013 in Perth, Australia from 20th – 22nd February. Tentec’s Sales Director, Roy Sheldon, w
Statoil was awarded interests in 14 production licences on the Norwegian continental shelf, of which 7 are operated by Statoil. The broad award reflects Statoil’s extensive application. In this Awards of Predefined Areas (APA) round Statoil has applied for production licences in the North Sea, the N
