Subsea technology and developments have been essential to unlocking the Norwegian subsea industry, but they are being challenged by alternative solutions and need to up their game to thrive in the future, a senior Statoil executive told the Underwater Technology Conference in Bergen…
Germany's Siemens and Spain's Gamesa will merge Siemens' wind power business, including wind services, with Gamesa to create one of the world's largest wind power firms, the two companies announced today (17 June). The aim of the merger…
Otto Energy and partner Red Emperor received approval from the Philippines Department of Energy for a two-year moratorium on required work activity under Service Contract 55, offshore the Philippines following failed attempts to find commercial discovery at Hawkeye…
Space exploration and energy technology needs were shared at an event in near Oxford this week to see where cross over technologies in both industries could be identified. The event was run by Merchant Marketing Group and The Satellite Applications Catapult…
Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen based fabrication and manufacturing business; following EESL's fall into administration in May. Wood Group says the acquisition enhances its asset integrity management capabilities…
UK-based fluid transfer solutions firm FES International has won a contract to supply equipment to Eni's Offshore Cape Three Points (OCTP) project, 60km offshore Ghana. The project includes the combined development of the Sankofa Main…
The Cross Group Subsea Solutions Division, together with Fugro Drilling & Well Services, has been awarded a multi-well riser-based plug and abandonment campaign in the Gulf of Mexico, which commenced May 2015. The Cross Group is managing the program…
FMC Technologies and Technip executed a business combination agreement (BCA) on 14 June 2016 regarding their proposed merger announced on 19 May. The execution of the BCA follows conclusion of the required work council consultation process in Europe…
India's Oil and Natural Gas Corp. (ONGC) has set a new pre-monsoon rig move record offshore India, with the support of Aqualis Offshore, a specialized marine and offshore engineering consultancy. ONGC executed a total of 33 mobile offshore…
Hoover Container Solutions announced three new changes to its senior management team, supporting its continued global growth. Joseph Levy has been appointed senior vice president and chief financial officer; Johan Wramsby has been appointed senior vice president and chief operating officer…
MacGregor launched a fiber-rope retrofit option for its subsea cranes. The modular upgrade replaces the crane's original steel wire rope with high-performance synthetic fiber rope, using the same technology as MacGregor's fiber-rope crane…
Offshore mooring and subsea services supplier Delmar Systems has acquired privately-owned InterOcean Systems. InterOcean designs and manufactures oceanographic and environmental equipment and systems, including its proprietary rig anchor release (RAR)…
Rystad Energy’s new report claims that there is hope in the oilfield service industry despite the current downturn, with an expected US$30 billion growth to be seen in the next two years. Closed and abandoned service markets as well as…
Honeywell Process Solutions (HPS) now offers ControlEdge Programmable Logic Controller (PLC), a new addition to Honeywell’s next generation family of controllers leveraging the power of the Industrial Internet of Things (IIoT). ControlEdge PLC…
SDX Energy is dropping its 35% stake in the Dana Petroleum-operated Bakassi West block in the Rio Del Rey basin offshore Cameroon, after failing to make an oil discovery in late-March at the shallow-water Manatee-1X well. SDX’s decision…
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