L&T Hydrocarbon Engineering Ltd., a wholly owned subsidiary of Larsen & Toubro, has unveiled high-tech spool base facilities at L&T’s fabrication facility at Kattupalli, in Chennai. These facilities are being employed to execute a prestigious…
The light well intervention and dive support vessel MSV Seawell has returned to service after a US$74.5 million (£60 million) investment by its owners, Aberdeen-based Helix Well Ops (UK), a UK subsidiary of international offshore energy service company Helix Energy Solutions Group…
BP has agreed to buy a 10% interest in the Shorouk concession offshore Egypt, containing the super-giant Zohr gas field, for US$375 million. As part of the deal with Eni, BP will also reimburse Eni for BP’s share of past expenditure…
FMC Technologies and Technip been cleared by the European Commission to go ahead with a merger. The firms are set to combine, with shareholders due to vote on the move, announced back in May, on 5 December. Clearance decisions have…
SMD, a subsea technology provider, has introduced of Sentio, a synthetic environment and virtualization platform that is designed to optimize and improve the efficiency of operations in offshore environments. Sentio lets the user create models and environments to produce virtual scenarios…
The oil and gas industry is known for being cyclical, however, the current reality of a “lower for longer” oil price has made sanctioning large offshore projects financially unviable, Douglas-Westwood (DW) said. Many oil majors have opted to focus on subsea well tiebacks…
mltech, pipework set-up and measurement software developer, has developed automet Lite, a pipe spool fabrication inspection system, which can be used without specialist training. Used in conjunction with Leica iCON survey instruments…
Neptune Marine Services (Neptune) has opened a new office in Houston, Texas, operating under the name Neptune Subsea. The move will enable Neptune to provide the full suite of Neptune’s services to clients within the Gulf of Mexico and the Americas…
Flash Tekk Engineering has chosen the Saab Seaeye Panther XT Plus ROV as a key diving support vessel resource. Flash Tekk is a major diving equipment supplier for the international offshore industry worldwide and supplies diving systems…
Utility ROV Services (URS) has developed a new Mattress Recovery Tool (MRT) for the oil and gas decommissioning market. The tool has been designed to recover concrete mattresses that have been installed extensively in oil and gas fields to protect subsea piping…
GC Rieber Shipping has entered into a time charter agreement in West Africa with Marine Platforms Ltd.(MPL) for the SURF (subsea umbilicals, risers, and flowlines) vessel Polar Onyx. The vessel will perform subsea construction/SURF installation and field development for end client Chevron…
Premier Oil says it has further reduced costs on the Catcher floating production development in the North sea, to a forecast total US$1.7 billion. The drop, a 24% reduction on the original sanctioned estimate, comes after costs had been reduced 20% to $1…
Technip’s latest newbuild, the diving support vessel (DSV) Deep Explorer, has been officially named in Norway. The traditional naming ceremony was held at VARD’s Langsten shipyard. Deep Explorer is a DP3 class DSV, purpose-designed and…
MacGregor introduced the 3D Motion Compensator (3DMC), a flexible retrofit device, which is designed to enhance the load-handling precision of an offshore crane even in challenging sea states. 'MacGregor's standard active heave-compensation (AHC)…
IKM Cleandrill has been awarded a three-year frame agreement with AkerBP for riserless closed loop mud recovery services. The initial operations under this contract will be production well drilling on the Alvheim development from the Transocean Arctic semisubmersible rig…
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