The TechnipFMC-owned diving support vessel Deep Arctic has departed Damen Shiprepair Amsterdam on time following a significant maintenance stopover, a substantial proportion of which was spent in dry dock.According to the shipyard, the project was exceptionally complex…
Equinor and OMV have signed two memorandums of understanding (MoU) to cooperate on both the Wisting development in the Barents Sea and the concept development for the Hades/Iris discovery in the Norwegian Sea.As development operator, Equinor will lead project development…
A new digital asset inspection system from Oceaneering International aims to streamline non-destructive testing (NDT) and inspection management.The tablet-based technology, called Inform Inspect, has been designed to equip technicians, supervisors and managers with the ability to deliver seamless…
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving another probe on its affairs with French authorities.TechnipFMC said…
Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling…
Oilfield service company Baker Hughes, a GE Company (BHGE) has entered into a joint venture with the California-based Artificial Intelligence (AI) software provider C3.ai to accelerate the digital transformation in the oil and gas industry.'AI…
Italian supermajor Eni and American information technology giant IBM have revealed the first results of a multiyear collaboration using artificial intelligence (AI) by launching a new research platform to support Eni's decision-making during the initial stages of exploration phase…
Enpro Subsea and DASS Can-K Pumps Inc. have entered into a Memorandum of Understanding (MoU) which will leverage each company’s expertise to deliver multiphase pumping solutions for topside and subsea well boosting.The announcement sees Can…
Two and a half years on from the genesis of the FCS 7011 concept in response to extensive feedback from the offshore energy sector, the build of the first of this design has begun at Damen Shipyards Antalya, Turkey. The milestone was marked by a traditional keel-laying ceremony held at the yard…
Seismic survey company TGS-NOPEC Geophysical Company (TGS) said its shareholders have approved a deal to acquire rival Spectrum ASA.Kristian Johansen, Chief Executive Officer of TGS, said, “Spectrum’s portfolio will enhance TGS’ position as…
New Jersey on Friday selected Denmark's Orsted A/S to develop a 1,100-megawatt wind project off the coast of Atlantic City, the largest ever offshore wind procurement by a U.S. state.Orsted's proposal received unanimous approval at a meeting…
Baker Hughes, a GE company (BHGE) has opened its transformed Center of Excellence (CoE) facility in Montrose, Scotland to deliver engineering, manufacturing, test and assembly and services to advance deepwater technology for its customers.The upgraded and expanded campus…
Danish-based Maersk Drilling said on Friday it has sold the Maesrk Giant jack-up drilling rig to the Poland's LOTOS Petrobaltic GroupThe rig will be renamed Giant, and the new owners will use the jack-up for drilling solely in the Baltic Sea…
UK based subsea Services group Acteon announced it has completed its acquisition of marine geosciences survey company TerraSond.US-headquartered TerraSond is a multidisciplinary geospatial and geophysical business with global experience working for clients in industries such as offshore oil and gas…
ACE Winches said it has expanded its offering at a number of locations worldwide, supported through a pair of new working partnerships.The UK-based firm, which designs, manufactures and hires lifting, pulling and deploying solutions, announced…