Nautilus Associates News

 

Funding for renewables innovation

Jul 21, 2016

A £6 million grant fund has been launched to help more than 200 companies unlock innovations in offshore renewable energy. The SCORE program, being delivered by the OrbisEnergy innovation and incubation centre in Lowestoft, Suffolk, provides grants of up to £50…

Transforming field prospects in a low oil price

Apr 04, 2016

The fact that exploration drilling activity is at a record lows in the UK North Sea is well recorded. It's easy to quantify and monitor. What is not so easy, is quantifying the number of already discovered fields which are currently sitting…

Wonders of the deep

Mar 01, 2016

Vidar Fondevik’s career has spanned challenging the limits of diving to developing remote operated systems. He reflected on his career with Elaine Maslin. Vidar Fondevik, top left, receiving his SUT Fellowship…

UK unions join forces

Feb 09, 2016

Offshore trade unions have teamed up to form a co-ordinated 'fightback' against cuts and changes effecting workers in the UK's oil industry. The newly formed Offshore Co-ordinating Group (OCG) has representatives from Units, the RMT, the British Airline Pilots’ Association (BALPA) the GMB…

BP ends Oceaneering vessel contract

Feb 03, 2016

BP has informed Oceaneering that it has terminated its contract with the Bourbon Oceanteam 101 vessel, effective May 2016. The vessel had been hired by the supermajor to work offshore Angola. Prior to the early termination notification…

Technip gets Stones contract

Oct 02, 2015

Image: Deep Blue/Technip Shell awarded Technip a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the floating production…

Torque-industry pros start EnerQuip

Jun 02, 2015

EnerQuip, a new oil and gas services business being launched in Aberdeen, to provide torque machines and associated services to the drilling and downhole tools sectors. The business, which is to make an initial investment commitment of US$9 million (£6 million)…

Bahamas Petroleum Act takes next step

May 21, 2015

The Petroleum Bill and suite of associated regulations as well as a sovereign wealth bill have been put before the Bahamian House of Assembly for their second readings on 20 May, Bahamas Petroleum Co. announced. Image from Bahamas Petroleum…

Golder Associates appoints new CEO

Apr 28, 2015

Golder Associates has appointed Dr. Hisham Mahmoud as its president and CEO. He will be based in Atlanta, Georgia. Dr. Mahmoud’s career spans some 27 years, the majority of which has been in diversified global engineering and construction companies…

MacGregor cranes for seabed miner

Apr 21, 2015

MacGregor, part of Cargotec, has been awarded a contract by Fujian Mawei Shipbuilding Ltd. for two subsea knuckle boom cranes to be installed on the world's first seabed mining vessel.  Delivery of the cranes is scheduled for 1Q 2017.  The…

McDermott, GE get Brazilian SURF

Apr 07, 2015

Queiroz Galvão Exploração e Produção (QGEP) awarded the McDermott International and GE Oil & Gas consortium a SURF contract to provide subsea equipment for the early production system (EPS) on the Atlanta field, offshore Brazil. Map from QGEP…

SKF selected for first international order

Aug 06, 2014

SKF has been selected to deliver Nautilus bearings for Dongfang Electric New Energy Equipment (Hangzhou) Co Ltd.’s first order of wind turbines outside China. Dongfang Electric New Energy Equipment is a leading manufacturer of wind turbines to a broad range of customers in China…

BG Group completes CATS sale

Jul 11, 2014

BG Group announced today that it has completed the sale of its 62.78% equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners. Total proceeds from the transaction…

Euronav receives first 8 VLCCs from Maersk Singapore

Jul 01, 2014

On 5 January 2014, Euronav NV announced it would acquire 15 very large crude carriers (VLCC) from Maersk Tankers Singapore Pte Ltd. Today, Euronav said that eight of the VLCCs have been delivered in the first half of 2014. Deliveries…

Equipment failure reported on Deepwater Nautilus

Jun 11, 2014

The Bureau of Safety and Environmental Enforcement (BSEE) responded to an equipment failure onboard Transocean's Deepwater Nautilus semisubmersible drilling rig in the US Gulf of Mexico, the agency reported on 10 June 2014. Operator Shell Offshore Inc…

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