As technology development continues at pace in the subsea space, a young innovative group out of Switzerland—Hydromea—unveiled the prototype of what it is calling the 'world’s first' wireless underwater drone in a pool demo on May 11, 2021. According to the company…
Venezuela's Socialist party-controlled National Assembly on Thursday ratified an 'anti-blockade' law, as President Nicolas Maduro seeks to attract private investment to boost the OPEC nation's struggling economy despite U.S. sanctions.The law…
Offshore energy services company Subsea 7, and its subsidiary Xodus Group have received recognition from OTC for Subsea 7 Nano Engineered Sensor Platform (Subsea 7 NESP), and will receive a Spotlight on New Technology Award at this year's Offshore Technology Conference (OTC)…
Salunda Limited has recently introduced an innovative real-time location tracking system that improves the safety of people working in the ‘Red Zone’ on offshore oil and gas rigs.'The patent-protected Crew Hawk integrates multiple technologies into a reliable…
Norway-based Tampnet which operates offshore high-capacity communication networks has completed the acquisition of BP's Gulf of Mexico (GoM) offshore fiber cable network, in what Tampnet says is one of the most significant milestones in the history of the company…
PSE Kinsale Energy, a Petronas subsidiary working to decommission its Kinsale area offshore gas fields in Ireland, has awarded a contract to HydraWell to support the project.PSE Kinsale Energy last July said that the Kinsale area offshore gas…
Production from the Apsara field, Cambodia's first producing offshore oil field, has been below expectations, and will almost certainly not meet the pre-development forecast of peak production of 7,500 bopd, according to KrisEnergy, the operator of the project…
UK-focused oil company Tailwind Energy has acquired Decipher Energy Limited, an oil and gas company with assets in the UK North Sea.'This acquisition will allow Tailwind to continue to deploy its strategy of exploiting organic production and…
Floatel, a provider of offshore accommodation rigs for the international offshore energy industry, has secured a contract extension for its Floatel Endurance semi-submersible unit in Norway.Floatel, which last week announced it had successfully…
Offshore helicopter operator NHV Group has secured a contract in Ireland with PSE Kinsale Energy Ltd in support of its decommissioning operations in the Celtic Sea. PSE Kinsale Energy, a Petronas subsidiary, last in July said that the Kinsale…
Sweden's Lundin Energy, a partner in Norway's giant Johan Sverdrup oilfield, said on Thursday it expected the field's production capacity and its reserve estimates to grow in the future.Production capacity from 2.2 billion to 3.2 billion barrels of oil equivalent (boe) field…
A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.While global peers like BP, Royal…
Steve Lykins, President, Mako Industries, discusses the case for investing in Puradigm COVID-19 mitigation and monitoring technology onboard offshore rigs and ships.The creation of Mako Industries, a subsidiary of Mako Oilfield Services, is proof that every storm cloud has a silver lining…
Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…
Abu Dhabi Ports’ maritime arm SAFEEN has signed an agreement with offshore vessel owner Allianz Marine & Logistics Services (AMLS), to launch a new international provider of integrated maritime logistic services.'Operating under the title of…
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