Seismic acquisition company Spectrum has commenced the first phase of a new high-density regional Multi-Client 3D survey, over a 2019 prioritised area of the UK’s Southern North Sea.The provider of Multi-Client seismic data and Seismic Imaging solutions to global oil and gas exploration company…
US crude inventory now 6% above the five year average – Brent crude price down 17% over past 10 daysRecent government data indicate a US crude inventory surplus has been forming. The latest EIA survey shows 483 million bbls in inventory as of…
US-based subsea robotics firm Houston Mechatronics, Inc. (HMI) said it has set out to develop Artificial Intelligence (AI) powered robotic hands for subsea manipulators, under a recent award from the Office of Naval Research (ONR).As technology matures…
Deepwater drilling activities require contingencies for temporary abandonment of the well, sometimes necessitated by wellhead change outs or riser work, and sometimes by Mother Nature.Existing mechanical solutions can struggle with restrictions inside the riser or seabed structure…
A new, state-of-the-art semi-submersible drilling rig being built by Keppel Offshore & Marine for Awilco Drilling will feature an integrated equipment suite from Kongsberg Maritime.Kongsberg said the milestone order from Keppel is its first…
Safety products manufacturer and service provider VIKING Life-Saving Equipment informs it has won a contract to supply CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, with personal protective equipment (PPE) and servicing for approximately 16…
A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…
DEME Offshore’s newest heavy-lift jack-up Apollo has recently completed a one-month conversion project at Damen Shiprepair Dunkerque (DSDu) that included the installation of a moon pool on the main deck.According to DSDu, the technical demands…
JDR Cables reports it has signed a contract with DEME Offshore for the SeaMade offshore wind farm after a competitive tender. JDR, part of the TFKable Group, will design, manufacture and deliver 78.1 kilometers of aluminium core inter-array cables and a range of cable accessories…
The creditors of indebted French marine services company Bourbon reached a restructuring deal that would give them control of the company, protect jobs and draw new liquidity.Bourbon has been hurt by market overcapacity and a fall in spending on services by upstream oil and gas companies…
Hurricane Energy has announced first oil at its Lancaster field off Scotland, the first such success for so-called fractured basement reservoirs in Britain and a major milestone for the company within its guided schedule.Hurricane specializes…
Energy firm Innogy , in the process of being broken up by parent RWE and rival E.ON, could team up with oil majors to build offshore wind farms in the booming U.S. market, one of its board members said.Projects off the U.S. coast have become a major target for utilities in Europe…
Power cable systems provider NKT has commissioned the 170kV HVAC cable system for the 400MW Kriegers Flak combined grid solution which is the world’s first offshore interconnector using the national grid connections of offshore wind farms to connect the power grids of Denmark and Germany…
Norwegian energy giant Equinor has received the green light to build a 200-MW floating offshore wind farm (OWF) off the coast of the Canary Islands.According to local media report, the energy major planning to invest around €860M to the OWF off Spain's Gran Canaria island…
Electromagnetic Geoservices (EMGS) has signed a contract for a multi-year acquisition contract with the Mexican state-owned petroleum company PEMEX.The two-year contract has a value of approx. USD 73.3 million with a minimum value of approx…
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