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Schlumberger Withdraws from Offshore Technology Conference over Rising COVID-19 Cases

Aug 13, 2021

Top oilfield services firm Schlumberger on Thursday said it had withdrawn staff from next week's Offshore Technology Conference (OTC), which typically attracts at least 60,000 attendees to Houston, citing the area's rise in COVID-19 cases.The…

EMGS' Client Firms Up Multi-client Data Licensing Deal

Aug 13, 2021

Norwegian offshore survey company Electromagnetic Geoservices (EMGS) in June entered into a framework contract with an existing client for licensing of multi-client data from the EMGS' international multi-client library.The company said at the…

Drumbeat Grows Louder for BHP to Ditch Oil & Gas Business

Aug 13, 2021

Expectations are growing that BHP Group Ltd will deliver a verdict on the future of its petroleum business at its results next week, as it comes under increasing pressure to cut its fossil fuel footprint.The world's biggest miner has been facing…

'Large' OBN Survey for Magseis Fairfield in Asia

Aug 13, 2021

Oslo-listed ocean bottom node seismic data acquisition firm Magseis Fairfield has said it has secured a large OBN survey in Asia for an undisclosed customer. The survey will take about five months to complete and will begin in the fourth quarter of 2021…

Ocean SuperCluster to Provide $2 Million for GeoScan Wide Area Acoustic Corer

Aug 12, 2021

Canadian marine technology company Kraken Robotics Inc. on Thursday announced that its wholly owned subsidiary PanGeo Subsea Inc. has secured $2 million in funding from Canada’s Ocean Supercluster for the development of wider scanning capability and increased efficiency called GeoScan…

Sonardyne Promotes COO Fasham to CEO

Aug 12, 2021

UK-based offshore technology and survey firm Sonardyne Group has appointed Stephen Fasham as Chief Executive Officer, taking over from John Ramsden who is stepping down from the role ahead of his retirement.Effective September 1, 2021, Fasham…

Scotland's First Minister Urges UK Gov't to 'Reassess' Existing Offshore Licenses Citing Climate Emergency

Aug 12, 2021

Scotland's First Minister Nicola Sturgeon has sent a letter to the UK Prime Minister Boris Johnson, asking for the UK Government to reassess offshore oil and gas licenses already issued but where field development has not yet started, 'in light…

dCarbonX, ESB to Develop Large-Scale Green Hydrogen Storage Offshore Ireland

Aug 12, 2021

dCarbonX, a firm looking to develop offshore geothermal energy and storage sites for CO2, hydrogen, and ammonia, has struck a deal with the Irish state-owned Electricity Supply Board (ESB) to develop large-scale storage for green hydrogen off the coast of County Cork…

UK-based Software Firm in Recruitment Drive after $5M Deals Secured in Oil & Gas Space

Aug 12, 2021

Aberdeen-based software firm ZynQ 360 is set to hire more people on the back of several contract awards in the oil and gas space totalling more than $5 million.ZynQ 360 said Thursday that the contracts would be delivered across the USA, UK, and Western Australia…

Group Formed to Tackle Safety Issues Aging Global FPSO Fleet Faces

Aug 12, 2021

Maritime and offshore classification society ABS said Thursday it had brought together leading companies in the Floating Production Storage and Offloading (FPSO) sector to address the safety challenges produced by a fleet where more than half…

RWE CEO Doesn't Expect Large Renewables Deals in Next Few Years

Aug 12, 2021

RWE, Europe's third-largest renewables player, does not expect large deals in the sector in the next few years, its chief executive told journalists on Thursday after presenting first-half results.'I don't believe it because the market is growing so rapidly…

Wilhelmsen, NorSea Acquire Stake in Norwegian Deep-sea Mining Firm

Aug 12, 2021

Global maritime group Wilhelmsen and the Norwegian offshore supply base firm NorSea have together acquired an 18% stake in the Norwegian deep-sea mining company Loke Marine Minerals.'As the energy transition continues to gather pace, we are actively looking at new projects and business areas…

Huisman to Deliver Equipment for DEME's Orion Offshore Installation Vessel

Aug 12, 2021

Dutch offshore equipment maker Huisman has won a contract to deliver a 2,300 mt Lifting Spreader and a set of adaptive Damping Tugger Winches to DEME Offshore's offshore installation vessel Orion.Huisman said that the equipment was designed…

VIDEO: Prosperity FPSO Hull Arrives in Singapore

Aug 12, 2021

The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO  to end client ExxonMobil…

Ocean Infinity Buys Geowynd

Aug 12, 2021

Marine robotics company Ocean Infinity said Thursday it had acquired marine geotechnics experts, Geowynd.Based in the UK, with clients all over Europe, Geowynd’s team of geotechnical engineers provides consultancy services to aid the safe and…

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