New Majority Shareholder for CAPE Holland and FoundOcean
CAPE Investment Partners has acquired majority shareholding in CAPE Holland and FoundOcean from the private equity investor Ambienta. With the new shareholder, a new phase for both companies will start. The companies aim to further grow their unique market positions in the rapidly expanding offshore wind and recouping offshore oil and gas […]
Xodus Adds Corporate Development Director
Xodus Group has appointed Phil Cooper as its corporate development director to support the growth of the company. Cooper was most recently London general manager at Heerema Marine Contractors where he led a team of engineers engaged in heavy lift and subsea technical activities. Previously, he was the global technology director at […]
Atlantis Redeploys Two Turbines at MeyGen Tidal Project
SIMEC Atlantis Energy has completed the redeployment of two 1.5MW turbines at the MeyGen tidal energy project in Scotland. The turbines were retrieved for modification work following initial operations, and now all four turbines have been reconnected to the grid. Since reinstallation of these turbines the project has exceeded 10,000MWh of cumulative […]
Ocean Installer on Johan Castberg FPSO Duty
Equinor and Ocean Installer have signed a contract that covers the FPSO mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea. Ocean Installer’s new scope will be carried out in combination with the marine operations contract the company secured in February 2018. “This is Ocean Installer’s […]
Schlumberger to Deliver Subsea Boosting System for Vigdis Field
OneSubsea, a Schlumberger company, has secured an engineering, procurement and construction (EPC) contract from Equinor for the supply of the all-electric actuated subsea boosting system for the Vigdis field in the Norwegian North Sea. The scope of the contract includes a pump station, with a manifold foundation and protective structure; and a […]
C-Tecnics Kits Out Simec Trencher
Aberdeen-based C-Tecnics Subsea Electronics has fulfilled an order for six high definition underwater inspection cameras to be installed on Simec Technologies’ latest ROV. The batch of model CT3017 titanium HD cameras, each providing full 1080p definition picture quality and rated to 4000 metres depth, should bolster the arsenal of Simec’s newest work-class […]
New OTEC System Concept Unveiled
Global OTEC Resources has released images of its first design concepts for using ocean thermal energy conversion. The company said it has spent the last year developing its OTEC concept especially for ‘off-grid’ resorts and local islands in the Maldives and Caribbean. The firm believes it has reached a cost model for harnessing the thermal energy from […]
McDermott Relocates Headquarters into New Building
McDermott International has signed a lease for the new office building to serve as its corporate headquarters and will consolidate approximately 1,700 employees across five locations in the Houston area into one location. McDermott signed a 16-year lease for Energy Center Five, an 18-story, 524,000-square-foot office tower located at 915 North Eldridge […]