US based ocean energy solutions company Ocean Power Technologies (OPT) and UK based subsea services and solutions company Acteon Field Life Service, an Acteon Group subsidiary, have entered into a nonexclusive memorandum of understanding (MOU) to develop…
Airborne Oil & Gas announced Friday that Aker Solutions has joined its shareholder base to further strengthen, integrate and diversify its range of thermoplastic composite pipe (TCP) solutions for the international subsea sector.The global engineering…
Subsea technology company Rovco said it has formed an invested partnership with offshore engineering firm Global Marine Group (GMG) to bring intelligent inspection, repair and maintenance (IRM) solutions to the global offshore market.GMG, made up of three business units - Global Offshore…
Norway-based subsea operations specialist Swire Seabed and compatriot provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry Seabed Solutions have signed an exclusive cooperation agreement for the provision of subsea dredging services worldwide…
The provider of ocean energy solutions Ocean Power Technologies (OPT) signed a letter of intent to enter into a long-term supply agreement with NEC Energy Solutions, global leader in utility scale energy storage.Under the terms of the supply agreement…
Commercial diving company Subsea Global Solutions (SGS) said it has acquired Muldoon Marine Services (Muldoon), a commercial diving firm based in Long Beach, Calif.'This is an exciting day for the SGS family as this acquisition will further…
Norwegian oil services firm Aker Solutions Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion (USD 210m) from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field…
Offshore oil services firm Subsea 7 has announced the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company.The award is for the deepwater…
Engineering consultancy BMT and subsea technology company Sonardyne International have signed an agreement to provide integrated marine integrity monitoring solutions to the oil and gas industry.The official Teaming Agreement between BMT and Sonardyne…
Global subsea equipment specialists Ashtead Technology has named Brett Lestrange as UK regional director. Brett Lestrange Source: Ashtead Lestrange, who has more than 25 years’ experience in the subsea industry…
Wood Group secured a new, five-year contract with Inpex Operations Australia (Inpex Australia) to provide subsea engineering services for the integrity of the Ichthys LNG Project, offshore Western Australia. Image from Inpex…
Global deepwater oil and gas development has been plagued for a decade by cost creep in equipment and services. Some of the inflation was warranted as we moved into deeper, harsher and frontier areas, requiring higher equipment specs, more specialized assets and a higher level of risk mitigation…
Oil Spill Response Ltd. (OSRL), Trendsetter Engineering and Halliburton have signed a memorandum of understanding (MoU) for integrated subsea well-capping response solutions. With the MOU, the companies will create a strategic alliance for…
Wood Mackenzie’s Caitlin Shaw provides perspective on the subsea market and how the industry will redefine a “good” year. An illustration of the Mad Dog Phase 2 development in the Gulf of Mexico…
Subsea Global Solutions (SGS), a portfolio company of Denver-based private equity firm Lariat Partners, has acquired All-Sea Underwater Solutions (All-Sea), enabling the company to provide underwater ship maintenance, repair and marine construction solutions across the globe…
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