Marine geophysical company PXGEO has ordered more than 20 autonomous underwater vehicles from Saab.The order, for Saab's Sabertooth autonomous underwater vehicle, is worth SEK 620 million (currently around $57,1 million) and deliveries will take place 2023-2025.'The order includes more than 20 Sabertooth vehicles, which makes this the largest Sabertooth order to date,' Saab said.These will form part…
Dutch offshore survey services firm Fugro has won a contract to conduct an offshore geotechnical site investigation for Australia's offshore wind project Star of the South (SOTS), located off the coast of Gippsland southeast of Australia.Partly…
Offshore well construction and production technology company Reelwell has signed a five-year frame agreement with the Norwegian oil firm Equinor to provide DualLink Powered and Wired drill pipe, ahead of installing and operating the system at Equinor's Oseberg field…
Italian shipbuilder Fincantieri, through its subsidiary Vard, has signed a contract with offshore wind vessel operator Edda Wind, for the construction of four Commissioning Service Operation Vessels (CSOV). The first two vessels are expected to be delivered in Q1 2025…
Energy industry technology firm Baker Hughes has partnered up with Houston-based cloud-based well construction digital solution provider Corva, 'to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle…
Well integrity and production optimization company Coretrax said Wednesday it had recently collaborated with Lee Energy Systems to deliver a one-trip solution for an unnamed 'major' operator’s plugging and abandonment (P&A) campaign in the Central North Sea…
Offshore drilling company Dolphin Drilling on Thursday announced public trading on Euronext Growth, after a recent private placement and share issue with total gross proceeds of $45 million. “Dolphin Drilling has attractive assets, a strong…
Belgium-based offshore installation firm DEME and Dutch maritime services firm Van Oord have been awarded a contract from Allseas in support of Santos' Darwin Pipeline Duplication Project, located offshore Northern Australia. The joint venture…
Oil major Shell has booked a semi-submersible drilling rig for its operations in Namibia, where it recently struck a major offshore oil discovery.Offshore rig owner Northern Ocean said Thursday that Shell Upstream Namibia B.V., a subsidiary of Shell…
UK-based subsea equipment specialist Express Engineering has signed a five-year supply agreement to produce a range of precision-engineered Downhole ‘Measurement While Drilling’ (MWD) and ‘Logging While Drilling’ (LWD) products used to deliver data for precise wellbore placement…
Italy's Eni and Norway's HitecVision completed the sale of a 5% stake in Norwegian oil firm Vår Energi worth $530 million, the Italian energy group said on Thursday.Vår Energi, whose shares dropped 9% in morning trade, listed in February and…
Oilfield services giant Halliburton has partnered up with the Norwegian oil and gas company Aker BP to co-develop what it says will be next-generation field development planning software. 'The collaboration delivers a new cloud application – Field Development Planning (FDP) – from Halliburton…
Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new 'hybrid' offshore wind farm foundation installation vessel…
Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…
Oilfield services giant Schlumberger on Tuesday announced the GeoSphere 360 3D reservoir mapping-while-drilling service. 'The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This…
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