Well-Safe Solutions will be moving into a new larger headquarters in Aberdeen, following a landmark contract win and acquisition of its first asset.The decommissioning company, set up in 2017, said it has invested several million in its new building…
Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats.In a regulatory filing…
An EnVen Energy Corp co-founder claims the chief executive of the offshore oil and gas producer provided misleading production and financial data to the board and forced him out as president, according to a lawsuit in a Texas court.David Dunwoody…
The TechnipFMC-owned diving support vessel Deep Arctic has departed Damen Shiprepair Amsterdam on time following a significant maintenance stopover, a substantial proportion of which was spent in dry dock.According to the shipyard, the project was exceptionally complex…
Equinor and OMV have signed two memorandums of understanding (MoU) to cooperate on both the Wisting development in the Barents Sea and the concept development for the Hades/Iris discovery in the Norwegian Sea.As development operator, Equinor will lead project development…
A new digital asset inspection system from Oceaneering International aims to streamline non-destructive testing (NDT) and inspection management.The tablet-based technology, called Inform Inspect, has been designed to equip technicians, supervisors and managers with the ability to deliver seamless…
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving another probe on its affairs with French authorities.TechnipFMC said…
Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling…
Oilfield service company Baker Hughes, a GE Company (BHGE) has entered into a joint venture with the California-based Artificial Intelligence (AI) software provider C3.ai to accelerate the digital transformation in the oil and gas industry.'AI…
Italian supermajor Eni and American information technology giant IBM have revealed the first results of a multiyear collaboration using artificial intelligence (AI) by launching a new research platform to support Eni's decision-making during the initial stages of exploration phase…
Enpro Subsea and DASS Can-K Pumps Inc. have entered into a Memorandum of Understanding (MoU) which will leverage each company’s expertise to deliver multiphase pumping solutions for topside and subsea well boosting.The announcement sees Can…
Two and a half years on from the genesis of the FCS 7011 concept in response to extensive feedback from the offshore energy sector, the build of the first of this design has begun at Damen Shipyards Antalya, Turkey. The milestone was marked by a traditional keel-laying ceremony held at the yard…
Seismic survey company TGS-NOPEC Geophysical Company (TGS) said its shareholders have approved a deal to acquire rival Spectrum ASA.Kristian Johansen, Chief Executive Officer of TGS, said, “Spectrum’s portfolio will enhance TGS’ position as…
New Jersey on Friday selected Denmark's Orsted A/S to develop a 1,100-megawatt wind project off the coast of Atlantic City, the largest ever offshore wind procurement by a U.S. state.Orsted's proposal received unanimous approval at a meeting…
Baker Hughes, a GE company (BHGE) has opened its transformed Center of Excellence (CoE) facility in Montrose, Scotland to deliver engineering, manufacturing, test and assembly and services to advance deepwater technology for its customers.The upgraded and expanded campus…