Oilfield services firm Archer has entered into an agreement with Air Drilling Associates to acquire its managed pressure drilling (MPD) subsidiary ADA Argentina.ADA provides MPD services to Archer's largest customers in the Vaca Muerta basin in Argentina…
Danish subsea cable and services firm NKT has started construction of a new cable extrusion tower for what’s said to be the world’s largest high-voltage offshore cable factory being built in Sweden.NKT has now started the slipform casting of concrete for the site’s third extrusion tower…
OEG Offshore has secured a long-term Master Services Agreement (MSA) with a tier 1 well decommissioning company to provide helifuel inspections and aviation support services across the company’s offshore assets.The contract will see OEG Offshore…
23 Degrees Renewables and SEAJET Systems, two of OEG Renewables businesses within cables service line, have delivered a turnkey cable burial campaign for Nexans at an offshore wind farm site in the U.K.SEAJET utilised their innovative all-electric…
UK-based oil and gas company Viaro Energy reached an agreement with Shell and ExxonMobil for the acquisition of a full working interest in the Shell-operated UK Southern North Sea assets owned by the two supermajors.Viaro Energy made the deal…
U.S. marine robotics company Ocean Infinity has completed an offshore wind farm survey for Ørsted and PGE in the Polish sector of the Baltic Sea, using lean crewed vessel and real-time remote data management.The project team based in Ocean Infinity’s operations centre in Gothenburg…
BP increased its dividend and extended its share repurchasing programme on Tuesday as it reported a forecast beating second-quarter profit of $2.76 billion, with weak refining offset by stronger oil prices and retail.The result will ease pressure…
Heavy lift and transport services firm Mammoet has entered into agreement to become the exclusive contractor for the provision of heavy lift and transport services at Steel River Quay, which lies at the heart of the Teesworks industrial zone in Teesside…
Danish wind turbine maker Vestas has received a firm wind turbine order for the OranjeWind offshore wind farm, formerly known as Hollandse Kust West VII, in the Netherlands.Vestas will be supplying 53 V236-15.0 MW wind turbines and is responsible for the supply…
The drilling operations on the Selene exploration well in the Southern North Sea have begun with Valaris 123 rig.Shell, as the operator of the license P2437, has informed the drilling of the well 48/8b-3 has started using Valari’s Valaris 123 drilling rig…
Green Marine (UK)’s initiative looking to retrofit crew transfer vessels (CTV) with hydrogen, fuel cells and battery, with the aim to cut emissions while servicing offshore wind farms, has been granted Approval in Principle (AiP) by global classification society RINA…
Saipem and Curtiss-Wright Corporation have reached a new milestone for the subsea applications industry, having completed the qualification process of an all-electric seabed barrier fluid-less pump.Developed based on proprietary solutions inherited from the nuclear sector…
Engineering company Apollo has completed the offshore trials for its PALM Quick Connection System (QCS), designed to streamline the efficient hook-up and disconnection of cables or moorings for floating offshore renewable energy devices.The trials…
Spanish engineering firm Saitec Offshore Technologies and offshore wind player RWE have launched the DemoSATH Lab initiative to carry out further environmental monitoring studies around the floating wind demonstrator deployed off the Basque coast…
OEG Energy Group has completed the acquisition of Offshore Painting Services (OPS Wind), a provider of specialist operations and maintenance (O&M) and training services to the offshore wind sector.OPS Wind has its head office in Liverpool with a regional office in Llandudno…
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