Latest News - page 2327


Research points to mattress recycling

May 29, 2015

Subsea engineering and training firm Jee completed a contract with Decom North Sea (DNS) to identify pioneering methods of salvage and re-use options for concrete subsea mattresses. The aim of the project, which started February 2015 and saw Jee partner with DNS and Zero Waste Scotland (ZWS)…

Latest delivery for Atlantic Offshore

May 29, 2015

Standby vessel operator Atlantic Offshore Rescue has unveiled its third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling £300 million.  Ocean Falcon, a new Class A multi role and emergency response and rescue (MRV/ERRV) vessel…

Polarcus aids Namibian exploration program

May 29, 2015

Polarcus and the National Petroleum Corp. of Namibia (NAMCOR) signed a memorandum of understanding (MOU) over exploration and development offshore Namibia. Under the terms of the MOU, Polarcus and NAMCOR will work together to identify…

Seadrill down, but not out

May 28, 2015

Seadrill’s 1Q 2015 results showed the company’s revenue at US$1.244 million, down just 1.36% from $1.261 million in 4Q 2014. The West Jupiter. Image from Seadrill. Operating profit skyrocketed to a whopping 35…

Bureau Veritas publishes current, tidal turbine guidelines

May 28, 2015

International classification society and certification group Bureau Veritas has published a set of guidelines, NI 603, intended to help the development of current and tidal turbines. The guidelines are backed by a separate guide, known as The Marine Renewable Energy Guide to Certification…

EMEC, CENSIS partner to support sensor development

May 28, 2015

The European Marine Energy Centre (EMEC) and the Innovation Centre for Sensor & Imaging Systems (CENSIS), are collaborating to support innovation and development of new sensor technologies. By helping innovative sensor technologies…

NTSB: Shell to blame for Kulluk grounding

May 28, 2015

The National Transportation Safety Board (NTSB) is naming Shell as being ultimately responsible for the grounding of the Kulluk ice-class mobile offshore drilling unit (MODU) in 2012 offshore Alaska, due to the company’s inadequate assessment of the risk for the towing…

DeepOcean awarded IMR contract

May 28, 2015

DeepOcean has been awarded an inspection, maintenance, and repair (IMR) contract by GDF SUEZ E&P Norge (GDF SUEZ). The four-year contract covers all ROV-based IMR work for GDF SUEZ on Gjøa field and the associated subsea assets. DeepOcean…

Weatherford VP receives SPE award

May 28, 2015

Weatherford International announced that Bill Lane, vice president of emerging technologies for artificial lift, received the Society of Petroleum Engineers (SPE) Gulf Coast Regional Production and Operations award for his outstanding contributions…

DNV GL announces new CEO

May 28, 2015

The board of directors of DNV GL Group appointed Remi Eriksen as the company’s new group president and CEO. He is succeeding Henrik O. Madsen, who is retiring on August 2015.  “Eriksen has a solid track-record in leading positions within the company for two decades…

Det norske gets Ivar Aasen go ahead

May 28, 2015

Det norske oljeselskap received a green light for drilling an appraisal well on the Ivar Aasen field, from the Norwegian Petroleum Directorate. Ivar Aasen. From Det norske. Drilling at well 16/1-22 A…

Wood Mackenzie: North Sea cost reductions needed

May 28, 2015

According to the latest analysis from Wood Mackenzie capital and operating costs in the UK and Norway's upstream sectors will decrease steadily this year as operators respond to lower oil prices. Wood Mackenzie projects that the biggest reductions will come in drilling costs…

Statoil gets Norwegian Sea nod

May 28, 2015

The Petroleum Safety Authority Norway granted Statoil consent for exploration drilling at its operated production license 602 in block 6706/11 in the Norwegian Sea. The field is located around 233km from the nearest mainland at Skomvær in the county of Nordland…

OneSubsea in Africa subsea gig

May 28, 2015

OneSubsea has been awarded a US$330 million subsea production systems contract for a gas project offshore North Africa.  The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services…

API: Arctic oil, nat gas can be game changers

May 28, 2015

Producing oil and natural gas safely and responsibly in the Arctic will strengthen America’s economy and national security, API said in comments to proposed regulations for operations offshore Alaska. Image from CGG…

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