Offshore services provider Subsea 7 cut its 2019 revenue outlook on Thursday but predicted a rebound next year as demand for oilfield services and from renewable energy providers is set to increase, boosting its shares almost 6%.Subsea 7 now expects a slight decline in revenue this year from 2018…
Subsea and field development planning services provider Peritus International announced that Matthew Rawlings will be joining Peritus’ Perth office as Australia Pacific Regional Managing Director.Peritus has over 30 years' experience in the…
In a bid to boost its offshore deep water operations, RusselSmith, a Nigeria-based oilfield services provider, has chosen Saab Seaeye’s Cougar XT electric underwater robotic vehicle to boost its ROV fleet.“The Cougar is an ideal choice,” says RusselSmith CEO…
With extensive experience in designing and manufacturing underwater custom cables, NOVACAVI has recently supplied a couple of specially engineered mooring cables for the Lofoten-Vesterålen Cabeled Ocean Observatory.The Lofoten-Vesterålen Cabeled…
Sentinel Subsea, specialist in long-term well integrity verification, has announced the successful completion its first offshore field trial, run in conjunction with independent operator Spirit Energy and the Oil & Gas Technology Center (OGTC)…
MDL Marine Services has successfully completed tranpooling of a flexible product for an independent UK exploration and production company, Spirit Energy.The project was managed by MDL Project Engineering Team and entailed relocating the client’s…
Schlumberger said its subsea technologies division OneSubsea has secured a frame agreement with A/S Norske Shell for an engineering, procurement, construction and installation (EPCI) contract for the supply of a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea…
A new DNV GL recommended practice (RP) aims to help the oil and gas sector to deliver more cost-efficient and environmentally friendly subsea processing for improved hydrocarbons recovery. DNVGL-RP-F303 Subsea pumping systems provides a comprehensive…
Gro Stakkestad, manager of subsea intervention and pipeline repair, Equinor, weighs in on her company’s thoughts on subsea resident vehicles.Why are subsea resident vehicles attractive now?The recent downturn in the oil price combined with ever…
Sean Halpin, Director, Product Management and Marketing, at relatively new entrant Houston Mechatronics, says that cost is driving a willingness to innovate. “Financial efficiency is a significant priority for the world’s oil companies in this…
Steffan Lindsø, Director of Emerging Technology, Europe, at Oceaneering, discusses resident subsea systems and why uptake today looks more likely than in the 2000s.What was missing in the early 2000s?The primary missing component for this to make any operational sense has been communications…
It’s long been a vision to have underwater vehicles able to support subsea operations without reliance on a surface vessel. We’re closer to this vision than ever before, but what’s new that wasn’t in place before to make this happen?Earlier…
C-Kore Systems announced it has been honored with The Queen’s Awards for Enterprise, in the Innovation category.The company welcome two Deputy Lord Lieutenants of North Yorkshire, David Kerfoot MBE DL and Trevor Watson JP DL, to its offices near York…
Norwegian international subsea operating company DOF Subsea has won two contracts totaling more than 160 vessel days for its offshore vessels Skandi Seven and Skandi Skansen in Africa.Skandi Seven has commenced operations for a repeat international energy company in Angola…
Houston based equipment and services firm Deep Down announced on Thursday it has received orders exceeding $2 million from different customers, within one week.The orders are for flying leads, riser isolation valve controls and other offshore equipment and services…
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