Marine geophysical services company PXGEO has named Hans-Peter Burlid to the newly created position of Chief Strategy & Transformation Officer (CS&TO).Burlid, currently the organization’s CCO, will drive long-term strategic direction to deliver sustainable growth and lasting competitive advantage…
Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will…
JDR Cable Systems (JDR), part of the TFKable Group, has secured a contract from Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, to assist with offshore umbilical testing in the Middle East.The work will see JDR test 14…
McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.Under the contract scope…
Rosenxt UK, part of Switzerland-based Rosenxt Holding, has acquired selected assets and talent from subsea robotics and engineering firm Beam, which went into administration in May.The strategic move enhances Rosenxt’s subsea capabilities, reinforcing…
Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures…
Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has secured a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main contractor for the Phase XI…
Iberdrola has awarded Semco Maritime two three-year offshore service contracts, with options for extension, on the above-water scheduled and unscheduled maintenance of electro-mechanical equipment at two offshore substations in the Baltic Hub…
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…
Norwegian seismic firm TGS has secured a contract for offshore wind site characterization, including acquisition, imaging and interpretation services offshore Norway.Ramform Vanguard vessel will start acquisition in early July, with a duration of approximately 25 days…
Equinor and its partners have approved the $1.29 billion (NOK 13 billion) investment in the third phase of Johan Sverdrup field, which entails the installation new subsea infrastructure to increase recovery by 40 - 50 million barrels of oil equivalent (boe)…
Triton Anchor has secured two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan.These newly patented technologies mark an advancement in enabling low-cost…
French tubular solutions supplier Vallourec has secured a significant order from Abu Dhabi National Oil Company (ADNOC) for the supply of more than 30,000 tons of carbon steel tubulars and associated accessories featuring VAM premium connections…
Shell has brought on stream the new phase of Ormen Lange field in the Norwegian Sea, bolstering production and adding important gas volumes to Europe.The Ormen Lange phase III project consists of two subsea compression stations with the objective of increasing field recovery from 75% to 85%…
Fugro has been awarded a contract to run a comprehensive site characterization program for an Eni-operated deepwater gas development in the Eastern Mediterranean.The award marks an important survey campaign for Fugro in the region, supporting…