Offshore Technology News - page 10


Equinor: New Gas Module to Boost Fram Field Output

Feb 11, 2020

Norway's Equinor has said that the new gas module recently put on the Troll C platform in the North Sea will accelerate and boost production from the nearby Fram field 'by substantial profitable volumes.'The Fram oil deposits in the North Sea comprise the Fram Vest and Fram Øst fields…

ROVOP Launches In-house Inspection Service

Feb 10, 2020

Subsea robotics firm ROVOP announced the addition of full in-house inspection service, to complement its range of underwater robotics technologies.With a fleet of 51 remotely operated underwater vehicles (ROV) including work class, light work class and observation class…

RigNet's Comms Solutions for Northern Offshore Jack-Ups

Feb 10, 2020

RigNet, Offshore communications, and networking solutions provider has signed a long-term services agreement with offshore drilling contractor Northern Offshore.Under the deal, RigNet will provide several solutions including VSAT Managed Communications Services…

NOV Warns Virus Fallout Could Hit Supply Chain

Feb 07, 2020

U.S. oilfield equipment supplier National Oilwell Varco on Friday called the coronavirus a 'wildcard' in the oil industry's outlook, with an extended outbreak potentially hurting access to Chinese-make materials and foreign sales.The Houston…

Aker Solutions Expects Drop in 2020 Revenue

Feb 07, 2020

Aker Solutions will likely see a 14% drop in revenue in 2020, reversing the gains made last year, the company said while reporting a decline in fourth-quarter earnings on Friday.Earnings before interest, tax, depreciation and amortization (EBITDA)…

Tapping Shore Power for Offshore Oil and Gas Facilities

Feb 05, 2020

Offshore oil and gas production is very energy intensive, and with declining field pressure and the need for enhanced production the energy demand even increases substantially in the later lifetime of an oil and gas production facility. The…

Kongsberg Sells Subsidiary Hydroid to HII

Feb 04, 2020

Kongsberg Maritime AS has signed an agreement to sell its underwater technology subsidiary company Hydroid, Inc. for $350 million to shipbuilder Huntington Ingalls Industries (HII). In conjunction with the transaction, HII and Kongsberg Maritime…

Churchill Boasts 'Record-Breaking' Entry into Egyptian Market

Feb 04, 2020

Churchill Drilling Tools, oilfield services firm specializing in drilling equipment has entered the Egyptian offshore oil and gas market after an undisclosed operator ran five Churchill tools in its drill-string.'Egypt is just one of a number…

Osbit Well Intervention System for FTAI Ocean

Feb 04, 2020

UK-based offshore technology company Osbit said it has been awarded a contract by FTAI Ocean, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (FTAI), to design and construct a new well intervention tower system.Osbit’s…

Ocean Infinity Launches Armada

Feb 04, 2020

US-based seabed survey and ocean exploration company Ocean Infinity said it has launched a new marine technology and data company boasting the industry's largest fleet of unmanned surface vehicles (USV).Armada, with a focus on combining technology and environmental sustainability…

Sonardyne Acquires 2G Robotics

Feb 04, 2020

UK-based marine technology company Sonardyne International announced it has acquired Canadian underwater imaging and inspection specialist 2G Robotics.2G Robotics will join the Sonardyne group of companies, while remaining an independent business and brand…

KBR Lands 'Major' PMC Contract for Ghasha mega-project

Feb 03, 2020

U.S. engineering and construction giant KBR has won what it says is 'a major Project Management Consultancy (PMC) services contract' with the UAE-based oil company ADNOC.KBR said Monday that the contract was related to the Ghasha Concession portfolio of projects…

Veolia's Seawater System for MODEC FPSO

Jan 31, 2020

Japanese FPSO giant MODEC has ordered a seawater treatment package for the FPSO Almirante Barroso from Veolia Water Technologies.Under the contract, Veolia will be responsible for the design and procurement of equipment with construction for a seawater treatment plant sizedfor 280…

London Offshore Consultants Hit by Cyber Attack

Jan 31, 2020

Offshore oil and gas industry service provider London Offshore Consultants has suffered a cyberattack, breaching data of some of LOC's clients.The marine and engineering consultancy said in a statement on Thursday:'LOC Group regrets to confirm that it was recently the victim of cyber attacks…

Uptick for Subsea Tree Installs Coming

Jan 30, 2020

Increasing activity, led by scaled down, accelerated projects and subsea tiebacks is helping drive an increasing business in the subsea industry. But there’s slim chance of revisiting the boom days of 2013, the Society of Underwater Technology’s…

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