GE Oil & Gas and Transocean signed a US$180 million contractual service agreement (CSA), to further maximize productivity and lower operating costs for Transocean. As a pioneer of new business models and performance-based service agreements…
Webtool, a hydraulic cutting tools provider, will highlight its latest cable gripper and retrieval tools, and electrically operated subsea cutters at Subsea Expo 2017. The stand will feature the Webtool cable gripper, which allows the…
Seatronics, an Acteon company and provider of marine electronic equipment, has formed a partnership agreement with Force Technology, an international technological consultancy company. The agreement will provide Seatronics’ global customer…
SapuraKencana Petroleum has been awarded several contracts via its subsidiaries worth a total of about US$300 million. SapuraKencana Subsea Services inked a two-year contract to provide underwater services for Petronas Carigali. The…
Maersk Drilling has taken delivery of its fourth XLE jackup rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk Invincible will now mobilize to the North Sea and will commence a 5-year…
A new publication to help guide the growing use offshore of unmanned aerial systems (UAS) – also known as drones - has been published by Oil & Gas UK. The Unmanned Aircraft Systems (UAS) Operations Management Standards and Guidelines were developed by a work group set up by the trade body…
Houston’s Dril-Quip has signed an agreement acquired OilPatch Technologies (OPT) in a US$20 million cash deal. Founded in 1990 and based in Houston, OPT is a provider of offshore riser systems and components, proprietary threaded connections and other products…
DOF has been awarded three new contracts. The first contract, with Asco Marine Ltd., is a two-year firm contract, with options, for the vessel Skandi Aukra. The second contract, with Eni Norge, is a 13-month call-off, with minimum 60 days firm for the vessel Skandi Iceman…
Heerema Marine Contractors (HMC) has chosen Emerson Automation Solutions to provide a valve remote control (VRC) system for a semisubmersible offshore crane vessel, SSCV Sleipnir, currently under construction at Sembcorp Marine’s shipyard in Singapore…
IKM Testing Thailand has been awarded the service contract by Aibel for the Johan Sverdrup drilling platform. The platform deck for the drilling platform will comprise of three modules. Aibel is to build the largest module, the main support frame (MSF)…
Subsea services group Acteon acquired Bruce Anchor in a move that the company says has improved its capabilities in the provision of temporary and permanent mooring systems. The acquisition adds to Acteon’s capability in the mooring and installation market…
Oilfield services giant Schlumberger has acquired Aberdeen-based Peak Well Systems (Peak), a specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity. Peak Well Systems…
GEODynamics has acquired Paradigm GeoKey’s Aberdeen, Scotland-based perforating business unit effective 1 January 2017. As a result of the transaction, GEODynamics, Inc. has established its UK operating company. Chris Chalker, former managing director of Paradigm GeoKey…
Hansa Heavy Lift (HHL) has successfully transported two ship-to-shore (STS) cranes via the Northern Sea Route (NSR), relocating them from the port of St. Petersburg to the port of Vostochny, spanning both the European and Far East regions of Russia…
LQT Industries, a service provider and construction company, has been awarded five insulation projects in the Gulf of Mexico (GoM) from major oil and gas companies. These projects consist of the execution of projects on offshore platforms…