On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices…
Tekmar Energy has won a contract with cable manufacturer ZTT to supply its Cable Protection Systems (CPS) for the Gode Wind 3 high-voltage grid connection project in Germany.The 16km long subsea cable is scheduled for installation in 2023 and…
Oilfield services firm TechnipFMC has this week secured 'a significant' subsea contract from Petrobras for the Marlim and Voador fields, located offshore Brazil. For TechnipFMC, a “significant” contract is between $75 million and $250 million…
FourPhase, the solids and production performance specialist for the oil and gas sector, on Wednesday said it had successfully deployed its DualFlow solids removal technology for an intervention project with an independent E&P company on the Danish Continental Shelf in the North Sea…
Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…
Belgian offshore installation firm DEME has, via its French branch SDI, secured an engineering, procurement, construction, and installation contract for an export cable that will connect the Leucate Floating offshore wind farm to the power grid…
Australian oil and gas company Cooper Energy has hired Helix Energy Solutions' Q7000 light well intervention offshore rig, to support decommissioning work at the company's Basker, Manta and Gummy (BMG) fields in the Gippsland Basin, off Australia…
Subsea Energy Solutions (SES) has signed three-year framework agreement with Strohm, a company previously known as Airbone Oil & Gas, specializing in the production of Termoplastic Composite Pipes (TCP) for offshore energy applications.According to SES…
Offshore energy technology company Welltec has secured a three-year contract with the Malaysian oil firm Petronas as the sole provider of downhole conveyance and powered mechanical services for Petronas' Malaysia operations.Espen Dalland, Area…
Marine robotics company Ocean Infinity has formed a geotechnical drilling services joint venture with Gregg Drilling, a subsidiary of Alaska Native Corporation Sealaska.Ocean Infinity said that the JV would provide geotechnical services to offshore…
Offshore engineering firm Aquaterra Energy has said it has won its largest riser analysis contract to date, with an unnamed 'major Middle Eastern operator.'Under the five-year agreement, Aquaterra will provide green and brownfield riser analysis…
Nexans Norway, a company building and installing subsea cables for the international offshore energy industry, has signed a ROV services contract with ROV specialist IKM Subsea.Under the contract, IKM Subsea, based in Bryne, Norway, will deliver ROV services on vessels Nexans Skagerrak…
Bosch Rexroth said Monday it would present 'a disruptive innovation' for electrically actuating valves in the subsea process industry at Hannover Messe (April 12-16, 2021). 'The new SVA R2 Subsea Valve Actuator is the world’s first electric…
Six environmental organizations, including the World Wildlife Fund and Greenpeace, on Monday, called on Norway to stop plans to open ocean areas for deep-sea mining.The government in January launched a process to open areas on its extended continental…
Dutch offshore survey firm Fugro and Sweden's MMT have won contracts with the Danish grid operator Energinet, to carry out seabed surveys for the Danish Energy Island project in the North Sea.The contracts follow an announcement by the Danish…
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