Offshore Hardware News - page 34


A Structural Shift for the Subsea Supply Chain

Feb 04, 2019

Late cycle contractors may have changed the subsea sector for good and as lead times shorten, schedule optimization is an increasingly vital consideration for offshore project developments.In prior generations, a subsea original equipment manufacturer’s…

Untethered Subsea Power

Feb 01, 2019

U.S. based tech conglomerate Teledyne has long supplied fuel cell technologies for NASA and other customers for space and terrestrial applications. Now its Teledyne Energy Systems, Inc. (TESI) arm is looking to take the technology to new depths…

New Fluid Helps Preserve Subsea Equipment

Jan 31, 2019

A newly introduced preservation fluid is designed to provide long-term protection for subsea equipment components and interface profiles.The environmentally friendly Defender Stasis LT from Universal Subsea Inc. (USI) is a lightweight, nontoxic…

Baker Hughes Adjusted Profit Surges 85%

Jan 31, 2019

Baker Hughes, General Electric Co's oilfield services arm, posted an 85 percent jump in adjusted quarterly profit on Thursday, boosted by surging demand for its services.Unlike rivals Schlumberger NV and Halliburton Co, Baker Hughes has less exposure to the North American pressure pumping sector…

Huisman China Building New Drilling System

Jan 25, 2019

A cutting ceremony was held Friday for the DES Innovative Drilling System project at Huisman China.The drilling system, to be integrated and installed on a moored drilling semi-submersible constructed at CMHI Haimen, will be used for oil and…

Oceaneering Wins $80 Mln in Umbilical Contracts

Jan 23, 2019

U.S. based Oceaneering International has secured three subsea umbilical contracts valued in excess of $80 million in total. The contracts with major international operators are to supply developments in the Mediterranean Sea, the North Sea and the South China Sea…

Ashtead Partners with 4Subsea

Jan 23, 2019

Subsea equipment rental, sales and services provider Ashtead Technology announced it has entered into a global strategic partnership with 4Subsea.Under the deal, Ashtead said it will add 4Subsea’s sensors to its portfolio for inspection, maintenance…

Schlumberger Sees International Growth in 2019

Jan 18, 2019

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019…

Wild Well Control Expands in the UK

Jan 17, 2019

Well control and engineering services company Wild Well Control announced it is expanding its Montrose facility at South Ferryden, U.K.Wild Well, a Superior Energy Services company, maintains its WellCONTAINED subsea containment system at Montrose Port…

New Valve Tech for Steam Flooding

Jan 17, 2019

New technology for offshore steam-flooding has taken its next step toward North Sea reality. Aberdeen-based oil and gas production technology business Pragma Well Technology said a successful feasibility study has led to a green light from Pharis…

Subsea Innovation Achieves DNV GL Type Approval

Jan 11, 2019

SIClamp structural pipeline repair clamp technology from U.K. manufacturer Subsea Innovation is designed to act as a temporary or permanent structural repair clamp for carbon steel pipelines designed for water, oil or gas transport. Emergency…

Optime Subsea Bags Long-term Deal with Aker BP

Jan 10, 2019

Norwegian based Optime Subsea said it has been selected by Aker BP to provide well access system and services on the Norwegian continental shelf (NCS) for the next two years, with extension options.Aker BP will in the next two years use Optime…

New Active Vibration Damper Tool

Jan 10, 2019

A new active vibration damper tool autonomously adapts to changing downhole bottom hole assembly (BHA) motion in real time, reducing drilling dysfunctions and ultimately leading to faster, more efficient drilling, says Norwegian services company PSW Group…

Lessons Learned from an I3P Review of HPHT Equipment

Jan 09, 2019

The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) defines a high-pressure/high-temperature (HP/HT) environment as any reservoir that requires completion equipment or well control equipment with an assigned pressure rating greater than 15…

Maintaining Tension in Subsea Cable Laying

Jan 08, 2019

Maintaining cable tension within required tolerances is critical during the submarine cable laying process to minimize the risk of cable damage due to cable cores being crushed or the minimum bend radius being exceeded.To regulate this tension…

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