Offshore Engineer Equipment News

 

Racing to 20K Equipment Amid Changing Regulations

May 03, 2019

Customer pressure for 20,000 psi-capable equipment has persisted for over a decade, yet no industry standards have been firmed up. This hasn’t stopped orders for such equipment, although some were later cancelled.Baker Hughes, a GE company,…

Ampelmann Scores Contract from Harvey Gulf

May 03, 2019

Dutch offshore access provider Ampelmann has secured a contract to supply a walk-to-work (W2W) transfer system for US based marine transportation company Harvey Gulf to be used during maintenance work at an oil and gas platform in the Gulf of Mexico…

Subsea 7 Raises Revenue Outlook

May 02, 2019

Subsea 7 posted first-quarter core profits below expectations on Thursday while adding that the offshore oilfield service provider's full-year revenue is no longer expected to decline.'We are now guiding for 2019 Group revenue to be broadly in line with 2018…

Baraldi Joins C-Kore Systems

May 01, 2019

C-Kore Systems announced it has hired Diego Baraldi to represent the subsea testing tools manufacturer as Sales Manager – South America.Baraldi has more than 15 years of experience in the offshore oil and gas sector, starting his career with…

SubConn Expands Its Production Facility

May 01, 2019

Connectors manufacturer SubConn has grown its production capacity in the US, with first connectors expected to come out of its new facility by October 2019.The company has invested in a 2,300-square-meter new location that combined with its existing 2…

Interview: David Currie, CEO, Proserv

May 01, 2019

Looking at the global subsea picture, what trends do you see, and how does Proserv plan to capitalize on potential areas of opportunity?In my opinion, we are now past the stabilization phase in the subsea sector, which has taken us through the last 18 months…

New Subsea Landing String Control System

Apr 30, 2019

Interventek Subsea Engineering said it is developing a control system for a new subsea in-riser landing string that is designed to reduce size, weight, complexity and cost.The development of the new control system has gained support by the way…

A Sliding Scale of Residency

Apr 30, 2019

Seabed deployed remotely operated underwater vehicles (ROV) are already here. Since early last year, IKM Subsea has been operating its Merlin UCV R-ROV (resident ROV) from a cage placed beneath Norwegian operator Equinor’s Snorre B production facility offshore Norway…

Aker Solutions Raises 2019 Forecasts

Apr 30, 2019

Norway's Aker Solutions ASA raised its 2019 revenue outlook on expected higher spending on the offshore oil services and reported better than expected first-quarter profits, lifting its shares on Tuesday.The upbeat sentiment on oilfield spending…

Baker Hughes Profits from Foreign Focus

Apr 30, 2019

Baker Hughes reported negative free cash flow for the first quarter at a time energy investors have been pushing companies to aggressively shore up capital for dividends and buybacks, sending its shares down as much as 8.5 percent.Oilfield service companies…

New Jackup Delivered to EnscoRowan

Apr 26, 2019

Singapore-based rig builder Keppel FELS announced Friday it has delivered a new jackup rig to EnscoRowan. The US based driller, the product of a recent merger between Ensco and Rowan, has a contract to deploy the rig in the UK North Sea.The…

Pumping Tech a Piece of the Subsea Factory Puzzle

Apr 26, 2019

It’s been long thought the “subsea factory” could reduce capex costs, but many topsides pieces of equipment must first be marinized to make that vision a reality. Oceaneering’s Subsea Pumping Technology (SPT), which recently won OTC's Spotlight on New Technology Award…

Magnetic Drive Tech Overcomes Issues with ESPs

Apr 24, 2019

Upwing Energy, a technology firm in California, has developed a Magnetic Drive System (MDS) that aims to transform the century-old topology for electric submersible pumps (ESP).Upwing Energy is a spinoff of Calentix Technologies, a company in…

Drilling Rig Runs Thrusters from Batteries

Apr 23, 2019

Energy Storage Systems (ESS) that transfer power to the thrusters of Transocean’s Spitsbergen drilling vessel have been successfully installed and tested, marking the first time thrusters have been run directly from batteries on a drilling vessel…

Voser Steps in as Interim CEO at ABB

Apr 18, 2019

ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation.Spiesshofer’s abrupt exit follows…

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