TWMA has become a member of Decom North Sea (DNS), the offshore oil & gas decommissioning forum. DNS has grown since its inception in 2009, to have over 160 members drawn from operators, major contractors, service specialists and technology developers. With annual decommissioning expenditure in the
First Reserve’s Energy Infrastructure Fund (“FREIF”) announced it has partnered with Beowulf Energy (“Beowulf”) to invest in power generation and midstream assets in the Eastern Caribbean. The initial investment consists of the purchase from Beowulf of a substantial equity stake in Trinity Power Lim
AXYS Technologies Inc. (AXYS), together with its Australian representative Metocean Services International Pty Ltd, have recently supplied Commonwealth Scientific and Industrial Research Organization (CSIRO) with a TRIAXYS™ Sensor to be used as part of Australia’s Integrated Marine Observing System
Seven oil companies have purchased the Norwegian Petroleum Directorate’s seismic data package from Lofoten and Vesterålen, and several more have indicated their interest. The seven oil companies that have purchased the seismic data package are Statoil, ExxonMobil, Norske Shell, RWE Dea Norge, GDF Su
ABB, the leading power and automation technology group, has successfully commissioned a power link between Finland and Sweden. The HVDC (high-voltage direct current) Fenno-Skan 2 link is a cable-based power transmission system that enables the exchange of an additional 800 MW of power between the tw
The Gjøa gas export riser replacement project has completed its activities within less than 10 months. The Gjøa facility is now producing according to current reservoir production potential. – The execution of the project went very well, thanks to careful planning and strict coordination, plus the a
MEO Australia Limited advises that it has executed a contract with CGGVeritas Services SA for the acquisition of three marine seismic surveys including 170 line km long-offset 2D seismic in exploration permit AC/P53 and two separate 3D surveys totalling 1,108 km2 across exploration permits AC/P50 an
ITF, the global oil and gas technology facilitator, has announced the challenges that its membership of operator and service companies want to see tackled as priorities in 2012. Up to 100% funding will be available for the right solutions to some of the industry’s most pressing challenges and ITF ai
Halliburton announced that Murry S. Gerber has been named to the company’s board of directors. The appointment is effective January 10, 2012 and Gerber will be confirmed by the stockholders at the annual meeting in May 2012. Gerber became CEO of EQT Corporation in 1998 and was elected chairman in 20
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that it has received a contract to deliver upgrades to the United Kingdom Ministry of Defence’s current fleet of REMUS 100 vehicles. BlueView Technologies 3D MicroBathymetr
Wood Group’s Alliance Engineering has been awarded the detailed engineering and design of the topside facilities and deck for Williams Partners’ Gulfstar FPS™ spar production platform. This wet-tree platform will be installed in block 768 of the Gulf of Mexico’s Mississippi Canyon area to produce oi
Forum Energy Technologies, Inc. (FET) announces the sale of four Perry XLX Generation 2 (G2) Work-Class Remotely Operated Vehicles (ROVs) to Technip. Technip, a world leader in project management, engineering and construction for the energy industry, will deploy two of the vehicles in Southeast Asia
Technip was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately €135 million, for the Golden Eagle development located 110 kilometers North-east of Aberdeen in 115 meters of water. This contract is the largest ever awarded to Technip for a project in the United Kingdom C
FMC Technologies, Inc. announced that it has signed an agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for its Lucius project. The Lucius field is located approximately 275 miles southeast of Galveston in Keathley Canyon Block 875, in water depths o
