General Electric Co is selling a portion of its stake in oilfield services provider Baker Hughes, the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.GE, which bought Baker Hughes in July 2017, has…
Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said.Exploration and production, known as the upstream industry…
Ampelmann, the global leader in offshore access solutions, has opened its second office in the Middle East in a move to further expand its presence in the region. The office in Dubai (UAE) will be manned by Tim Mulders as Business Developer…
Offshore workers are set to be better prepared for helicopter safety training thanks to new innovative technology being launched at a U.K. safety training provider.Falck Safety Services UK revealed new 360° immersive technology at the OPITO Safety & Competence Conference being held in Kuala Lumpur…
Ocean energy solutions developer Ocean Power Technologies, Inc. has expanded its suite of complimentary products that leverage the core technology of the PowerBuoy, which include subsea batteries and a hybrid (liquid-fueled) PowerBuoy.George H…
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…
Independent provider of subsea equipment rental, sales and services to the offshore industry Ashtead Technology Limited announced Wednesday that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider…
As Brazilian national operator Petrobras and major international oil companies (IOC) target decreasing exploration and production (E&P) costs, especially at deepwater pre-salt plays in Brazil, increased investment will be funneled to research…
Hydrographic and geophysical survey company Ocean Infinity has placed three separate orders for a total of five Kongsberg Maritime HUGIN autonomous underwater vehicle (AUV) Systems, increasing its inventory to 15.Kongsberg Maritime said the…
Ireland is the only country in the EU with a significant Atlantic coastline that is not currently developing offshore wind resources.Up to 1000MW of offshore wind resource in the Irish Sea is deliverable in the immediate future, with 3000MW additional potential there…
Teledyne CARIS has released Bathy DataBASE 5.2, which introduces enhanced tools for validating and creating chart features from lidar surveys as well as new bathymetry compilation techniques.This latest version includes an updated workflow process…
Fugro has signed a joint development agreement with autonomous vessel technology firm L3 ASV to create the next generation of autonomous vessels for the commercial survey market.The partnership brings together the expertise of both companies…
Denmark-based cable supplier NKT said it has received a letter of award from Norway's Equinor to supply and install a cable system of 200 kilometers of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in the Norwegian North Sea…
Halfwave said it has has been awarded two new in-line inspection (ILI) contracts by Woodside in Australia. The awards have been made as part of a Master Services Agreement (MSA).Woodside is an early adopter of Halfwave’s ultra-wideband acoustic resonance technology (ART) inspection technique…
First power from the floating wind farm project offshore Kincardineshire, Scotland began flowing in September, clearing the way for the full 50 MW build-out of the project by 2020, Kincardine Offshore Windfarm Ltd. (KOWL) confirmed.Principle…
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