Intervention News

 

TVO Contracts 4C Global Consultancy to Support UK Clients

Jan 16, 2025

Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has engaged Finlay Johnston, through 4C Global Consultancy, to lead business development efforts for TVO in the UK.“We recently appointed a country…

Serica Energy Restarts Triton FPSO Production

Jan 07, 2025

U.K.-based oil firm Serica Energy has resumed production at Triton floating production storage and offloading (FPSO) unit in the North Sea, following the outage caused by a technical issue.Serica Energy said the production into the Triton FPSO resumed on December 27…

McDermott Opens Technology Center in Dubai

Jan 01, 2025

McDermott has opened a welding and technology center of excellence at the Oilfields Supply Center in Dubai's Jebel Ali Freezone. It encompasses over 4,100 square meters of office and workshop space and capacity for 250 personnel.The new premises…

Flare Gas Recovery Meets the Future

Dec 26, 2024

Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank’s 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems…

DeepOcean Takes Over Equinor’s Pipeline Repairs Contract from TechnipFMC

Dec 20, 2024

Ocean services provider DeepOcean has taken full ownership of the pipeline repair and subsea intervention (PRSI Pool Services) contract with Equinor, formerly operated in a joint venture (JV) between DeepOcean and TechnipFMC.The transaction…

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Dec 18, 2024

Idle time for a drilling rig costs about $250,000 an hour. AI is being embraced across the industry to ensure it doesn’t happen.A while back, an energy major had an unfathomable, intermittent problem with its drilling operations. It was beginning to cost big money…

France’s Shom Selects Exail’s Drix USV Hydrographic Drone

Dec 16, 2024

The Shom (French Naval Hydrographic and Oceanographic Service) has confirmed the acquisition of the DriX H-8 surface hydrographic drone, developed by the French robotics and maritime technologies specialist Exail.The acquisition marks a strategic…

SLB Introduces AI-Driven Tool for More Efficient Autonomous Drilling Solutions

Dec 09, 2024

Global energy technology company SLB has introduced Neuro autonomous geosteering, which dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations…

AKOFS Offshore Secures $300M for Well Intervention Vessel’s Work with Equinor

Dec 04, 2024

Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey…

Fortress’ FTAI Sells Two Offshore Energy Vessels for $143M

Dec 04, 2024

FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer…

ABL Wraps Up Work for FSRU Toscana Project in Italy

Dec 02, 2024

Energy and marine consultancy ABL has completed its scope of work as marine warranty surveyor (MWS) to support the successful transport and re-installation of the floating storage and regasification unit (FSRU) Toscana, off the coast of Livorno in Italy…

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Nov 13, 2024

Beam, a provider of high-technology offshore wind services, has unveiled Scout, an autonomous underwater vehicle (AUV) driven by artificial intelligence (AI).Scout, a concept expected to enter the market in 2025, will put the power of subsea inspection directly in the hands of wind farm operators…

Deep C Delivers Lifting Tool for North Sea Decommissioning Project

Nov 13, 2024

Seabed intervention specialist Deep C has delivered a specialized lifting equipment to a Norwegian customer on a recent decommissioning project.The equipment, designed to comply with NORSOK R-002 standards, incorporates a double-barrier safety feature…

Key Strategies to Strengthen Maritime Cyber Security

Nov 07, 2024

Some of the key strategies to strengthen maritime cyber security include vigilance and proactive measures, timely incident reporting, and continuous improvement of security defenses, according to Marlink’s Security Operations Center (SOC) cyber security threats report…

Akastor Buys Mitsui’s Stake in AKOFS Offshore

Nov 06, 2024

Norwegian company Akastor has signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore, a provider of vessel-based subsea well construction and intervention services, for $22.5 million.The agreement is entered into…

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