UK Export Finance (UKEF) will provide US$400 million in support for a GE Oil & Gas contract the Offshore Cape Three Points (OCTP) project in Ghana. UKEF will provide $400 million of support to the OCTP project, including a loan under its direct lending facility…
Norway’s Petroleum Safety Authority (PSA) has carried out an audit of Statoil's management of the subsea compression project at Gullfaks. Map of Gullfaks, from Statoil. In 2015…
Qinterra Technologies has been awarded a three-year wireline tractor and instrumented intervention services contract with a deepwater oil and gas operator in the US Gulf of Mexico, effective immediately. The scope of the contract includes tractor conveyance…
Inpex awarded Fugro a five-year subsea inspection, repair and maintenance (IRM) services contract for the Ichthys project in the Timor Sea. Ichthys is about 220km from the coast of Western Australia. The contract, awarded by Inpex Operations Australia…
Norway's Solstad Offshore (SOFF) has been awarded a subcontract with US-headquartered McDermott for the provision of light construction vessel services associated with Ichthys gas field development project, offshore Western Australia. Solstad's…
Malaysia's SapuraKencana Petroleum (SKPB) and UK-based engineering firm Proserv are joining forces to provide enhanced technology services offerings to clients in Asia Pacific. The firms will jointly provide a range of services across the drilling…
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…
There are not too many people within the subsea business that saw through – from their very beginnings and from the inside – the growth of two of the biggest players in the business. Elaine Maslin speaks with Allen Leatt to find out more…
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…
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…
Dr Tony Trapp, executive chairman of Osbit and leading figure in the north east England offshore industry, has been awarded the Member of the Most Excellent Order of the British Empire (MBE) in the 2017 New Year’s Honors. Trapp has been…
Mermaid Maritime’s Indonesian business unit PT Seascape Surveys Indonesia has agreed an additional one-year charter for the DP2 multi-purpose support vessel (MPSV) Resolution. The Resolution is a remotely operated vehicle and air diving support vessel…
Unmanned autonomous systems and the internet of things are two phrases that are bandied about a lot. But, it’s not so often that they have come together and within the marine environment in a project involving offshore industry players – albeit those who also have a foot in the defense sector…
Elaine Maslin reports on the launch of a new concept in AUV deployment, which sees six vehicles deployed in conjunction with USVs. The multi-AUV concept. Image from Swire Seabed. It…