Norwegian energy company Equinor said it has completed the sale of shares in Swedish independent Lundin Petroleum and acquisition of greater interest in the giant Johan Sverdrup field offshore Norway following all conditions being met, including government and regulator approvals…
Subsea technology company Rovco announced that it has generated £10.5 million ($12.8 million) of sales and awards through technology provision, research grants, data collection, and surveying projects over the last 12 months.The Bristol-headquartered company…
Oceaneering announced it will combine seven Aberdeen properties into one office location and a new, purpose-built workshop, in a move to streamline operations and drive cost efficiencies.The 50,000-square-foot office in Aberdeen International…
Private-equity backed Neptune Energy reported an operating cash flow of $613 million for the first half of the year, up around 5% from a year earlier, as the potential stock market debutante eyes 2019 output of up to 155,000 barrel of oil equivalent…
On the back of recent contract awards, totaling in excess of £100 million ($122 million), Boskalis Subsea Services said it is inviting the supply chain to come forward with fresh, innovative ideas and new technology.The Aberdeen-headquartered subsea construction company…
Networking solutions provider RigNet announced on Wednesday that it has signed a multi-year agreement with Borr Drilling to exclusively provide enhanced managed communication services on any band (C, Ku or Ka) on all of the offshore drilling…
Survey and inspection, maintenance and repair (IMR) subsea solutions provider N-Sea announced an investment in its data management capabilities by acquiring a new storage system valued in excess of €1.8 million ($2 million).Based on the latest technology…
Petrofac Ltd on Wednesday reported a fall in first-half order intake and forecast lower 2020 revenue, citing uncertainty relating to an investigation into the oilfield services company's dealings in Saudi Arabia and Iraq.Petrofac, which designs…
Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company at year end to pursue other opportunities, the independent oil and gas company announced on Wednesday.Until on December 31, 2019, Hanssen will continue in her…
Drilling rigs and equipment firm HENDERSON said it has named Chris Naquin as senior business development manager.His job responsibilities will include building and maintaining relationships with drilling contractors to service their fabrication…
Norway-based offshore services company and provider of drilling technology products Neodrill announced it is bringing its Conductor Anchor Node (CAN) technology to the US and Mexico.To support this effort, the company has hired Tony Smith in…
The second class of global start-up companies selected to participate in the Techstars Energy Accelerator, Norwegian energy company Equinor announced on Tuesday.The 10 start-ups within oil and gas, renewables, new business models and digitalization…
UAE-based offshore geophysical company Polarcus said it has been awarded a contract to carry out an XArray marine seismic acquisition project in Southeast Asia.The project will commence in the fourth quarter of 2019 with an approximate duration of 40 days.
Paris-headquartered geosciences company CGG said it has commenced a new, large, long-offset BroadSeis survey located in the Campos and Santos Basins, offshore Brazil.The Nebula 3D survey is supported by industry funding.With an initial focus on Brazil’s 15th License Round blocks…
Franco-American oil services firm TechnipFMC Plc said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.TechnipFMC…
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