The BlueTEC Texel Tidal energy project partnership is planning to install a second larger turbine on its system after the first months of operating the BlueTEC tidal energy platform were seen to be a success, supplying electricity into the Dutch national grid…
Subsea cable and connector specialist Hydro Group has further strengthened its portfolio with the addition of a new state-of-the-art hydrostatic pressure vessel, following a US$393,000 (£250,000) investment. The 2.5m by 1.5m vessel…
A senior executive at new joint venture Forsys Subsea has been appointed chairman of the ONS Foundation Board of Directors - the organization behind Norway's biennial ONS conference and exhibition. Arild Selvig (pictured) is senior vice president and head of front-end…
A consortium formed by Hydro Group and Wenex Equipments has successfully secured a US$3.9 million marine renewables contract. The contract involves the manufacturing and installation of array cabling infrastructure on the SEM-REV marine renewable energy project…
Hydro Group teamed up with mechanical engineering group EnerMech to launch a new hydraulics hose product, offering lay-up and over-sheathing of hydraulic hoses for use in umbilical, topside and well intervention projects in the oil and gas industry…
Statoil's newly appointed CEO and president Eldar Sætre says Statoil is 'well prepared' to tackle the large uncertainty facing the oil and gas industry, amid five-year low oil prices. Sætre (pictured), who has been acting CEO and president of Statoil since October…
Aberdeen-based, Hydro Group invested US$454,000 in state-of-the-art machinery, by installing and commissioning an advanced armoring line at its facility in Bridge of Don, Aberdeen, enabling the company to offer cable products which will improve and support subsea operations…
Zamakona Yards has signed an initial two-year agreement with Finnish multinational GS-Hydro. The contract has an initial duration of two years. The agreement was signed 5 December in Zamakona Yards' Las Palmas Port offices by Borja Garaygordobil…
Brunei Shell Petroleum Co. Sdn. Bhd. (BSP) awarded McDermott International, Inc. a three-year shallow water pipeline contract to transport and install pipelines and umbilicals for the Champion and Ampa Fields, offshore Brunei. Image…
The Inpex-operated Ichthys LNG project is moving forward with the installation of a 6500-tonne riser support structure (RSS) tower at the Ichthys Field, marking the beginning of the project’s major installation campaign. The Ichthys LNG project RSS…
EnQuest awarded Technip an engineering, procurement, installation and construction (EPCI) contract for the Kraken development. Technip's Deep Energy. From Technip. Kraken is located in the North Sea…
EnQuest awarded Technip a large engineering, procurement, installation and construction (EPCI) contract for the Kraken development located in the North Sea, 400km northeast of Aberdeen and 130km east of Shetland, at a water depth of approximately 120m…
Expro obtained a US$50 million contract to supply a high rate well testing package and ancillary services for the Inpex-operated Ichthys LNG Project, off Australia. Upon the terms of agreement, Expro will provide well testing, large bore subsea landing string…
Statoil's CEO has resigned in order to take over UK-based BG Group as CEO on a US$2.4 million (£1.5 million) annual basic salary, plus benefits. Image: Helge Lund. From BG Group. Helge Lund has been Statoil's CEO since 2004…
Yamgaz awarded a contract to Atlantic Gulf & Pacific Co. (AG&P) to supply process modules to the Yamal LNG plant, located in Sabetta, northeast of the Yamal Peninsula. Yamal LNG is the first LNG development venture in the Arctic, and is one of the largest LNG projects in the world…