Sunday, June 25, 2017

OIL ANALYST: – The subsea sector will double in size

February 5, 2014 by  
Filed under Top Stories

The subsea adventure has just begun. Within five years the subsea sector will double in size, and within twenty years the subsea production will be on par with traditional oil and gas production offshore. – In five years, the subsea market is anticipated to grow from around $30 billion to between $60 and $70 billion […]

Gazprom announces Russia’s first subsea production facility successfully tested in Kirinskoye field within Sakhalin III project

February 5, 2014 by  
Filed under Top Stories

Today the Onshore Processing Facility (OPF) of the Kirinskoye gas and condensate fieldin the Sakhalin Region hosted an official ceremony dedicated to the first gas production and its transmission system testing. Taking part in the ceremony were Alexey Miller, Chairman of the Gazprom Management Committee, Yury Trutnev, Deputy Prime Minister of the Russian Federation and […]

Subsea industry in plea for support to remain global leader

February 5, 2014 by  
Filed under Top Stories

Divers are just one part of the subsea industry The UK subsea industry has created 16,000 new jobs over the last three years, with another 10,000 – the majority in Scotland – in the pipeline, it has been revealed. The sector’s trade body said it supports a total of 66,000 jobs but urged government to […]

Scottish Government Supports Commercialisation of Pelamis Wave Energy Device

September 17, 2013 by  
Filed under Top Stories

The Scottish Government has awarded a share of the Marine Renewables Commercialisation Fund (MRCF) to Pelamis Wave Power, to support the commercialisation of the Pelamis wave energy device and parallel site development activities. Richard Yemm, CEO of Pelamis Wave Power said: “Today’s announcement is a huge boost for our company, technology and partners. The awards […]

Experts Gather at NOC to Discuss Future Monitoring of Oceans

September 17, 2013 by  
Filed under Top Stories

Over 100 marine professionals gathered at the National Oceanography Centre for a workshop on new technologies for monitoring the marine environment. The UK Integrated Marine Observing Network (UK-IMON) workshop last week aimed to identify technologies that, in the future, will provide both the greatest cost savings and the greatest advances in data resolution. The event […]

Ross Offshore Secures New Contract with Wintershall Norge

September 17, 2013 by  
Filed under Top Stories

Ross Offshore AS announces a new contract award with Wintershall Norge AS. The contract is for 3 + 1 year, and was effective as of August 1st 2013. The frame agreement is for services within the following disciplines: Subsurface & G&G, Drilling & Well, Subsea, Logistics, marine operations and HSEQ. Ross Offshore will support Wintershall […]

Environmental Impacts of Nord Stream Construction Minor and Local

September 17, 2013 by  
Filed under Top Stories

The cumulative results of Nord Stream AG’s environmental monitoring in Finnish waters during 2009-2012 confirm that the construction of the pipelines caused only minor and local impacts on the environment. Nord Stream AG has been conducting environmental monitoring in Finnish waters since 2009. The monitoring results from 2009-2012 confirm that the pipeline construction works, such […]

Fugro Acquires DCN Global LLC

September 17, 2013 by  
Filed under Top Stories

Fugro has reached agreement to acquire DCN Global LLC (‘DCN Global’), a company specialising in the provision of subsea engineering and diving services to the offshore civil and oil & gas industry, primarily in the Middle East. Over the last four decades Fugro has firmly established itself as the leading player in the offshore survey […]

Sevan Marine Sells Hulls 4 and 5 to Logitel Offshore

June 24, 2013 by  
Filed under Top Stories

Sevan Marine ASA announced that it has entered into an agreement to sell the semi-completed Sevan hulls number 4 and 5 on an “as-is, where-is” basis to Logitel Offshore. The total purchase price for the Hulls is USD 41 million, to be rendered as a seller’s credit. Sevan will grant an additional loan of USD […]

Shell Signs Letter of Intent for Chinese LNG Terminal

June 13, 2013 by  
Filed under Top Stories

Royal Dutch Shell has signed a letter of intent with a private Chinese energy firm to build a liquefied natural gas (LNG) import terminal in east China, a Shell China official said on Thursday. The pact, though non-binding, marks a rare cooperation on a potentially multibillion-dollar investment between a global energy company and a local […]

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