It’s been long thought the “subsea factory” could reduce capex costs, but many topsides pieces of equipment must first be marinized to make that vision a reality. Oceaneering’s Subsea Pumping Technology (SPT), which recently won OTC's Spotlight on New Technology Award…
Ashtead Technology announced Wednesday it has acquired Louisiana based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions.According to Ashtead Technology, the combined business will offer clients in the Gulf of Mexico region a more robust and enhanced offering…
Upwing Energy, a technology firm in California, has developed a Magnetic Drive System (MDS) that aims to transform the century-old topology for electric submersible pumps (ESP).Upwing Energy is a spinoff of Calentix Technologies, a company in…
Halliburton Co said on Monday a pricing downturn that has plagued the oilfield services sector was bottoming out, as it reported modestly higher activity levels in North America in the first quarter from a year earlier.Oilfield services providers…
Top oilfield services provider Schlumberger NV reported a 19.8 percent fall in quarterly profit on Thursday, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.Schlumberger said net income fell to $421 million…
Arja Talakar has been appointed CEO of Siemens Oil & Gas, effective April 1, 2019. He will be based in Houston.Talakar brings to this position extensive leadership experience. Prior to taking this new role, he was responsible for Siemens Saudi Arabia…
Singapore based Keppel Offshore & Marine announced Wednesday it has won two contracts: one from Diamond Offshore for the upgrade of the drilling semisubmersible rig Ocean Onyx, and the other from an unnamed operator for fabrication and integration…
Subsea energy storage and power generation specialists EC-OG said it has demonstrated the capabilities of its Subsea Power Hub (SPH) for powering subsea production equipment using battery power alone, during a recent workshop test program in Aberdeen…
Global subsea Xmas tree orders took a major hit through the downturn. But, manufacturers are doing their bit to reduce cost and new generation trees are soon to leave factories, as Offshore Engineer found out during a tour of Aker Solutions’ Tranby facility…
TechnipFMC said on Tuesday it has secured a contract to supply flexible pipes for oil production, gas lift and gas injection as well as associated accessories for the Lapa field, located in the pre-salt Santos Basin, under the BM-S-9A concession…
International underwater connectivity manufacturer Hydro Group announced Monday it has established a new partnership with Japanese electrical and optical products company Riken Dengu Seizo Co., Ltd.The Tokyo-headquartered firm will be the official…
The Yinson floating production, storage and offloading unit (FPSO) Allan will receive an anchoring system upgrade prior to deployment at the Anyala and Madu fields within leases 83 and 85 offshore Nigeria later this year.Norwegian FPSO systems…
Martijn Bergink has taken over as CEO of pumping systems manufacturer Framo.Former Framo CEO Sameer Kalra has officially handed Bergink responsibility for the business as Kalra becomes the new head of the Alfa Laval Marine Division and a member of the Alfa Laval Group management…
Coatings manufacturer Hempel has rolled out Hempatop Repel 800, a new flexible two-coat water repellent coating for offshore assets and installations that is designed to offer enhanced corrosion protection by actively repelling water from the coated surface…
The Martin Linge platform in December 2018 was hooked up to receive shore power via the world’s longest high-voltage alternating-current (HVAC) sea cable measuring 162 kilometers from the onshore substation at Kollsnes north of Bergen to the platform…