Bosch Rexroth has launched a new Subsea Clamping Cylinder for fully automatic Bend Stiffener Connectors (BSCs).The system is designed for use for up to 25 years, and, according to the company, is 'impressive' with its high clamping forces, powerless holding operation…
UK oilfield services company Petrofac has secured a further six-month contract extension with Basra Oil Company (BOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP).The contract extension was awarded to Petrofac's Engineering & Production…
Italian marine cable installation company Prysmian has won an €80 million contract to provide the submarine inter-array cable systems for the Saint-Brieuc offshore wind farm in France.Under the contract awarded by the wind farm developer Ailes…
Norwegian offshore vessel contractor Island Offshore has shared photos of what it says is one of the most comprehensive anchoring projects globally in 2020 - the installation of an anchor system for Equinor's Johan Castberg project in the Barents Sea…
Subsea equipment solutions specialist Ashtead Technology has entered into a partnership with Trinidad and Tobago-based Reliance Subsea Services Limited.The US-arm of Aberdeen-based Ashtead will provide subsea survey and ROV equipment through…
One person suffered a 'crushing injury' earlier this week aboard the North Sea Atlantic offshore vessel working at Lundin Energy's Edvard Grieg field, offshore Norway.The person was flown to hospital by rescue helicopter for treatment following the accident…
Italian provider of oilfield and renewable energy services Saipem has signed a two-year frame agreement with Norway's Equinor covering offshore engineering services worldwide.Per Saipem's statement on Tuesday, The frame agreement covers feasibility and conceptual studies…
Russian oil company Lukoil has completed the installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels, Lukoil said Monday.The facility…
Polish oil company PGNiG said Monday it expects to produce about 115 tons of oil from the Skogul field offshore Norway in 2020.First oil from Skogul, located in the North Sea, offshore Norway was achieved in March, 2020. was achieved during the quarter…
Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.The Italian company, which supplies cables for industries ranging…
Europe's second-highest court on Wednesday rejected a challenge by the operators of the Nord Stream 1 and Nord Stream 2 pipelines against European Union gas rules, saying it was up individual member states to enforce them.Nord Stream 2, designed…
Rovco, a company providing ROV and hydrographic services has expanded its ROV fleet with a Saab Seaeye Leopard ROV.The company said that the high-performance electric “Fast ROV” work-class platform increases Rovco’s service offering to support…
U.K.-based manufacturer Soil Machine Dynamics Ltd (SMD) said it handed over a purpose-built pre-lay plow to marine service providers Boskalis, for use at Ørsted’s offshore wind farm Hornsea Two.The multifunctional pre-lay plow will be used to…
Malaysian offshore services provider Tanjung Offshore has secured a contract with Carigali Hess Operating Company, a Malaysian subsidiary of the U.S. oil company Hess Corp.The contract is for the provision of onshore fabrication, offshore hook-up and commissioning for infill flowlines…
Oilfield services companies have collectively lost almost half of their market capitalization, hit by the combination of the coronavirus pandemic and low oil prices, with offshore drillers, in particular, the most affected, Norway's Rystad Energy has said in its analysis released on Friday…