NOV's Marine and Construction business unit has come up with a 'new and flexible' Modular Service and Operations Vessel (MSOV) concept to 'optimize offshore wind farm operations and maintenance.' NOV says the vessel's features resemble those of a sea otter.'The Enhydra series design characteristics resemble the sea otter's (Enhydra) unique and physical behavioral features. The sea otter is the sole marine mammal to use tools…
Malaysia-based Velesto Energy has signed a memorandum of understanding (MoU) with Petronas and National Oilwell Varco (NOV) to implement rig mechanized automation processes and integrate robotics into drilling operations.The MoU aims to establish…
North Sea Ekofisk and Forties crude differentials lost ground in the week's opening session on keen selling interest in the Platts window.PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance, and freight (CIF) or delivered at place (DAP)…
Norwegian seismic company PGS has teamed up with Onward, an energy innovation platform, to offer on-demand seismic data interpretation.The collaboration that facilitates on-demand data interpretation provided by Onward, which leverages its technical…
Houston-based energy solutions provider NOV has acquired the intellectual property (IP) rights of MAATS Tech, a defunct business providing turnkey ship-based carousel and cable-lay systems.In 2023, NOV formed a new Cable Lay team based in Stonehouse…
NOV’s telescopic leg crane has recently received recognition for its exceptional contribution to the offshore industry. At the Offshore Support Journal (OSJ) Industry Gala Dinner & Awards on February 7, the crane won the OSJ Innovation of the Year Award 2024…
NOV reports its Lifting & Handling group has sold what is said to be the industry’s first-ever electric subsea crane. The order was booked at the end of 2023 with an undisclosed client in Europe, NOV said.The first-of-its-kind crane offers enhanced efficiency compared to electro-hydraulic cranes…
NOV reports its Italian group Remacut has secured the cable-lay equipment contract for Nexans' new cable-lay vessel (CLV).Nexans Marine Operations and Norwegian shipbuilder Ulstein Verft entered into a contract in September for the construction of a large DP3 cable-laying vessel…
NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector.Floating wind farms are often farther offshore, in deeper waters and in harsher environments…
Vitol, the world's largest independent oil trader, has provisionally chartered a supertanker to load oil from Venezuela for China, according to two shipbrokers and data from shiptracking firms Kpler and Vortexa.The Very Large Crude Carrier Gustavia S…
Africa should be treated fairly while addressing global climate challenges as the continent contributes the smallest share to green house gas emissions globally, OPEC Secretary General Haitham Al Ghais said on Tuesday.Addressing an energy conference in Cape Town…
ABS is providing new technology qualification services for subsea ammonia storage technology from NOV Subsea Production Systems.The 200-cubic-meter prototype subsea storage unit is en route to NOV’s testing facility in Norway where large-scale…
NOV has signed a new contract with China's CIMC Raffles to supply another GustoMSC™ NG-20000X self-propelled wind turbine installation jack-up vessel design for Havfram, an offshore wind services company based in Norway, which recently ordered its second wind turbine installation vessel from CIMC…
NOV has signed contracts with China's CIMC Raffles to design and equip a self-propelled wind turbine installation jack-up vessel for the Norwegian offshore wind services company HavframNOV, until recently known as National Oilwell Varco, will…
NOV has secured contracts to deliver design and equipment for Danish offshore wind installation firm Cadeler's second F-class jack-up vessel, which will be able to install large wind turbine foundations as well as wind turbines. The F-class is a bespoke version of the GustoMSC NG-20000X model…
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