Offshore Engineer Industry News News - page 748


Norway Oil Industry Trims Investment Forecast

Aug 22, 2019

Oil and gas companies working in Norway have slightly cut their 2019 investment forecasts since May, a survey by the country's statistics agency (SSB) showed on Thursday.While 2019 investments are still forecast to hit a four-year high, it is…

FMS Wins BP Mooring Gig in the North Sea

Aug 22, 2019

Mooring equipment supplier FMS announced on Thursday it has secured a three-year, eight-figure contract with BP for the provision of mooring equipment for its North Sea operations.The contract commenced in July 2019.FMS Managing Director Steven…

Rever Concludes North Sea Campaigns

Aug 21, 2019

Subsea services provider Rever Offshore said it it has completed multiple projects within the North Sea in 2019, building upon existing frame agreements which has allowed clients quicker access to its fleet of specialized subsea support vessels and team…

Chevron Invests in Well Conveyor

Aug 21, 2019

Norwegian downhole technology company Well Conveyor said it has received equity investment from Chevron Technology Ventures (CTV), a division of Chevron U.S.A. Inc. Combined with additional investments from existing investors ProVenture and Investinor…

Forum Sells Its Stake in Ashtead Technology

Aug 21, 2019

Oilfield products company Forum Energy Technologies said it has reached a deal to sell its aggregate 40% interest in subsea rentals company Ashtead Technology to Buckthorn Partners and other investors that currently own the majority of the equity interests in Ashtead…

Subsea 7 Seeks Engineers - From Any Sector

Aug 21, 2019

Offshore contractor Subsea 7  isn't limiting its search to the offshore and subsea talent pool as it looks to grow its engineering team. The company said it is offering experienced engineers from all sectors the opportunity to forge a new career in the subsea industry…

FES Bags Multiple DBSC Orders

Aug 21, 2019

Fluid transfer systems provider FES International said it has secured four new orders to deliver is Diver Bend Stiffener Connectors (DBSCs) to projects across Asia, Africa and Europe.The 31 DBSCs will be supplied for projects taking place in the Johan Castberg field in the Barents Sea…

SeaRenergy Acquires Elbe-1

Aug 21, 2019

Hamburg-based offshore service provider SeaRenergy announced it has acquired Elbe-1, an engineering company that offers expertise and consultancy for design, certification and approval of offshore wind projects.Whereas SeaRenergy provides engineering…

Saipem Rolls Out DNV GL ShipManager Hull

Aug 21, 2019

Italian services firm Saipem is implementing software from DNV GL to optimize the planning of inspections and repairs for its crane and pipelaying vessels. DNV GL said it will supply its advanced software, ShipManager Hull, for implementation on five vessels of the Saipem fleet…

Sparrows Wins BP Deck Operations Contract

Aug 21, 2019

Sparrows Group announced on Wednesday it haws been awarded its first contract to deliver deck operations services in the UK Continental Shelf (UKCS) from supermajor BP.The Aberdeen-based equipment and services firm said the contract builds on…

Gulf Marine CEO Quits

Aug 21, 2019

Gulf Marine Services said on Wednesday Chief Executive Officer Duncan Anderson has resigned as the oilfield industry contractor warned a reassessment of its ships and contracts showed profit would fall this year, kicking its shares 12% down…

Equinor, YPF Partner in Argentina Offshore

Aug 21, 2019

Norwegian energy company Equinor has taken a 50% stake in Argentina's largest offshore block as part of its collaboration with the South American country's state-controlled oil firm YPF.Equinor said on Wednesday it has signed a preliminary agreement…

Woodside to Implement Schlumberger's DELFI

Aug 20, 2019

Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…

NOV Cuts Staff for Second Time This Year

Aug 20, 2019

Oilfield equipment and service provider National Oilwell Varco has begun trimming its workforce for the second time this year, two people familiar with the matter said this week, as oil producers cut spending budgets.The Houston, Texas-based…

Deep Down Riser Isolation Valve System for Shell

Aug 20, 2019

Offshore equipment and services company Deep Down announced it has received an order from Shell for work related to its Kaikias development in the U.S. Gulf of Mexico.The order is for the design, engineering, manufacturing and installation of…

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