New lightweight, modular subsea technologies could reduce not just lead times for equipment delivery but lower the total cost of ownership for the full life of the field.Baker Hughes, a GE company, revealed its thinking on subsea developments during the launch event in Houston earlier this week…
Rolls-Royce said it has signed agreements for the supply of mooring equipment to drilling rigs under construction at Singapore’s KeppelFELS yard and China Merchants Heavy Industry’s facility in Jiangsu, China.The 12-point mooring system Rolls…
Subsea equipment solutions specialist Ashtead Technology said it has bolstered its inspection, maintenance and repair (IMR) services and capabilities with the acquisition of Canadian-based underwater inspection company Welaptega.The transaction…
As the Brazilian oil and gas market emerges from a four year crisis, with expanded oil block tenders including the high quality/high yield pre-salt plays desired by most major IOCs, new subsea solutions are required to increase operational efficiency while decreasing costs…
There is great potential for large underwater turbines engineered to harness power from tides and ocean currents to produce industrial-scale levels of electricity. At the smaller scale, tidal power can be just as useful and, indeed, can be much easier to deploy to meet commercial needs…
Nexans announced Monday it has secured a contract to supply of over 200 kilometers of the high voltage alternating current (HVAC) subsea export cable system for the near shore section of the world's largest offshore wind farm. The contract…
Oilfield services company Expro said it has secured a four-year contract extension for BP’s Shah Deniz Stage 2 project in the South Caspian Sea.The contract extension will see Expro continue its provision of subsea landing string equipment and services to the project…
Gulf Island Fabrication said on Thursday it has completed the sale of its North Yard facilities and associated equipment in Aransas Pass, Texas.The Houston based builder of offshore structures and vessels announced the $28 million sale in September…
Norway's Bergen Group has appointed Nils Hoff as its new CEO and Morten Riiser as CFO, effective Thursday.Hoff succeeds Torgeir Nærø, who has resigned as CEO to pursue other opportunities. The outgoing cheif executive will take on an advisory position until the end of Q1 2019…
Offshore robotics company FORSSEA ROBOTICS chose GMS as main technical partner to certify its real-time visual positioning technologies. A joint laboratory will be created to develop a common offer covering camera calibration, subsea image treatment and innovative photogrammetry solutions…
TechnipFMC announced on Wednesday it has signed a five-year Surface Technologies Frame Agreement with Chevron to cover the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.Richard Alabaster, President of TechnipFMC’s Surface Technologies business…
Subsea and offshore solutions provider Unique Group, together with engineering, construction and equipment rental company Innovo, have completed a multimillion dollar decommissioning contract for Italian marine oil and gas contractor Saipem offshore Saudi Arabia…
Metal-to-metal downhole sealing solutions provider BiSN said it recently deployed the largest-ever bismuth plug in the Valhall A-30 well, Norway, in conjunction with AkerBP and Altus Intervention.BiSN’s Wel-lok M2M technology – which can be…
TE Connectivity (TE) introduced its Raychem Cat 5e cable that offers high-performance Ethernet connectivity at speeds up to 1-Gb/s in harsh military, marine and aerospace environments.The Cat 5e cable makes use of high temperature fluoropolymers…
Michael Behrens has been named chief commercial officer of subsea technology provider MacArtney Underwater Technology from November 1, based at the company's headquarters in Esbjerg, Denmark.Behrens joins MacArtney from the largest steel and technical sales company in Denmark…
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