UK-based well services and oilfield equipment rental company RMEC has expanded its total headcount to 43, on the back of a recent six-figure sum investment in its on-site test bay facilities.RMEC said this week the investment was aimed at maximizing…
Subsea 7’s Life of Field business unit i-Tech 7 has partnered up with Shell in a technology agreement aimed at speed up subsea digitalization, initially for a period of five years from the fourth quarter of 2019.The agreement, i-Tech said Tuesday…
Magseis Fairfield, a marine seismic acquisition company specializing in Ocean Bottom Node surveys, has signed a system sales contract for the delivery of Z100-nodes to an existing client in Asia. The Oslo-listed surveyor said the delivery complemented…
The BorWin3 offshore wind grid connection project in the German North Sea has been handed over to the German/Dutch transmission grid operator TenneT, by contractors Siemens and Petrofac.The 900 MW project will convert three-phase electric power…
While much focus on resident subsea vehicles has been about the vehicles, there’s also been a lot of focus behind the scenes on creating electric tooling. The industry has relied on hydraulic tooling since tooling has been used, with the benefits and drawbacks that come with it…
North Sea private equity player, Hitecvision — the firm behind the rise of well-known E&P players and suppliers — has decided to bundle 20 of its oilfield suppliers into a well-capitalized industrial group with other-than-offshore aims.Hitec said the offshore suppliers would live on in a new…
The holiday season has just passed, and many may have heard the phrase, “good things come in small packages.” Does this hold true for today’s undersea vehicles? Indeed it does. One of the most striking recent trends in the field is the proliferation of compact and affordable…
Belgium-based offshore installation specialist DEME Offshore and German builder of tunnel boring equipment Herrenknecht have teamed up to build a subsea drill to be deployed at the Saint-Nazaire offshore wind farm in France. This is the first…
Robert Gordon University (RGU) has appointed Chris Pearson as Director for the National Subsea Center (NSC), tasked with leading the center’s research and development to tackle subsea engineering challenges.Pearson will take up the new post…
Aker BP said it plans to trial robots and drones for autonomous inspection, data capture and automatic report generation on its operated Skarv installation in the Norwegian Sea during 2020.The Norwegian focused exploration and production firm…
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…
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, 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…
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 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)…