A team led by AJ Jain, Harkand North America managing director, has agreed to a management buyout (MBO) of Harkand’s North American and African business. The subsea inspection, repair and maintenance firm went into administration on Wednesday this week…
McDermott International has been awarded three separate projects by a major national oil company for the integrated engineering, procurement, construction, and installation (EPCI) services in multiple fields in the Arabian Gulf. In addition to this…
UK-based subsea inspection, repair and maintenance firm Harkand has gone into administration. In a recorded message left by the firm on its phone line, the company said that on Wednesday, 4 May, staff from Deloitte had been appointed…
Norwegian yard Westcon has been picked by Statoil to maintain parts of the major's subsea equipment at all base locations in Norway under a new framework agreement. The scope of the agreement is maintenance and overhaul of defined parts of the subsea equipment Statoil has at its bases…
GE Oil & Gas is introducing a series of offshore solutions at this week's Offshore Technology Conference in Houston, aimed at increasing efficiencies and reducing costs. These include the SeaPrime I Subsea BOP Control System, which has…
Interventek Subsea Engineering is launching its new shear-and-seal Revolution Valve at OTC in Houston this week. Interventek claims that the patented Revolution Valve is the only valve on the market that does not compromise its ability…
Oilfield services firm Proserv has won a multi-million dollar contract from Apache Corp for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells south of the Beryl Alpha platform…
Deepwater subsea tiebacks conjure up all manner of technical innovation requirements, and/or the need for complex subsea processing technologies. Yet, it’s not always so. Elaine Maslin explores the particulars of Total’s Laggan Tormore development…
John Bradbury speaks with ExxonMobil’s Marilyn Tears ahead of her presentation at this year’s Underwater Technology Conference in Bergen, Norway. Tears. Marilyn Tears has already…
Kory Kinney, of IHS, takes a look at some of the projects underway in the US Gulf of Mexico. As we move through 2016, construction activity in the US Gulf of Mexico has begun dwindling…
There’s a war on: who can produce the fastest inspection ROV with the highest quality data? Elaine Maslin explains. The Surveyor Interceptor. Image from MMT. Is it a bird, is it a plane…
Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…
While it offers a theoretically coherent concept, subsea processing can seem fragmented. Elaine Maslin spoke to Intecsea about how the company views the broader picture. Statoil’s Åsgard project…
NSRI (National Subsea Research Initiative), the technology arm of Subsea UK, held a series of series of “hackathons,” which brought industry, technology developers, universities and research institutes together to brainstorm possible technological solutions…
Mark Smith, Staci Stephenson and Brent Fergurson, of Oceaneering International, show how NASA’s neutral buoyancy lab is helping cut costs and cut risks involved in subsea initiatives. Deployment of MIL 27 ROV at the NBL…