Subsea technology firm Rovco announced it has secured £5 million ($6.5 million) in new funding to support international expansion and continued development of 3D computer vision and artificial intelligence (AI) subsea technology.The funding includes a £3…
Norway should construct a new pipeline or a second liquefied natural gas (LNG) unit to boost its gas exports from the Arctic Barents Sea, pipeline system operator Gassco said on Monday.Natural gas represents about a quarter of Norway's overall exports…
SOFEC said it has loaded out of the replacement turret for the floating storage and offloading unit (FSO) HYSY121 at the Lufeng field, in the South China Sea.The construction was completed at Penglai Jutal Offshore Engineering Heavy Industries Co…
Subsea equipment specialist Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs in the U.S. Gulf of Mexico and West Africa. The company said Friday that both projects included design, engineering…
Offshore installation and construction specialist Subsea 7 has said it has won a 'very large' subsea equipment contract from Woodside for the Sangomar project offshore Senegal.Subsea 7 has won a contract in cooperation with Schlumberger's One…
Ocean Installer has announced the appointment of Odd Strømsnes as the company’s new CEO as company enters new growth phase and addresses offshore wind market.The Norwegian subsea contractor said in a press note that the interim CEO Kevin Murphy will continue as Deputy CEO…
Offsore services firm Subsea 7 on Thursday announced changes to its executive management team, including the appointment of a new Chief Executive Officer and three Executive Vice Presidents, effective from January 1, 2020.John Evans is now in place as Chief Executive Officer…
Subsea services firm Aqueos Corporation announced Friday it recently completed a diving and remotely operated underwater vehicle (ROV) campaign on the US West Coast.The work scope included level III and IV subsea surveys of three large conventional…
Aqueos Corporation said it has wrapped up saturation diving and remotely operated underwater vehicle (ROV) campaigns for multiple clients in the US Northeast.The saturation diving vessel DP2 DSV Kelly Ann Candies was used to conduct inspection…
When it comes to smooth, safe drilling, you’d be hard-pressed to argue that the blowout preventer (BOP) stack isn’t the key to the whole operation. A series of mechanisms to regulate pressure levels in a well and prevent blowouts, which could potentially endanger personnel and the environment…
Subsea 7, the subsea engineering, construction and services company serving the offshore energy industry, announced the award of a sizeable SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico…
Norwegian energy firm BKK announced plans to build an offshore power grid in the North Sea, in a more than $2 billion project to help the country's oil and gas industry cut greenhouse gas emissions.It will undertake the project with infrastructure company CapeOmega…
Offshore services company Subsea 7 on Friday announced it has secured a contract from Chevron for the subsea installation services at the St. Malo field, located in the Walker Ridge area of the Gulf of Mexico.Subsea 7’s scope of work includes project management…
Norwegean offshore and subsea shipping company Siem Offshore has won one-year contracts for three anchor handling tug supply (AHTS) vessels in Australia.The Cayman Islands-registered marine transportation and logistics services provider said…
Aberdeen engineering outfit Balmoral Group said it has invested a six-figure sum in Blaze Manufacturing Solutions, taking a 70% stake in the Aberdeenshire-based company.This latest move comes after Balmoral significantly raised its shareholding in another Aberdeenshire company…
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