Africa-focused oil company Tower Resources has completed a geotechnical survey at its Thali license offshore Cameroon, ahead of the planned drilling operations later this year.'The Geoquip Marine survey vessel MV Investigator completed its survey…
Integrated marine and subsea solutions provider Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division.The provider of services and solutions for the offshore, subsea and life support industries…
Anglo-Australian oil and mining giant BHP has obtained 'effective offshore exploration licenses' to search for oil in the waters off Barbados.The Barbados Government Information Service informed this week that the Caribbean country's government…
National Oilwell Varco beat estimates for its fourth-quarter profit on Thursday, as the oilfield services provider cut costs to counter an ongoing decline in North American drilling activity. Lower crude prices and investor demand for higher returns have forced U…
Aker Solutions will likely see a 14% drop in revenue in 2020, reversing the gains made last year, the company said while reporting a decline in fourth-quarter earnings on Friday.Earnings before interest, tax, depreciation and amortization (EBITDA)…
Italian oilfield services firm Saipem reports it has been awarded several engineering, procurement, construction and installation (EPCI) contracts in various countries worth over $500 million combined.The first EPCI contract has been awarded…
Offshore oil and gas production is very energy intensive, and with declining field pressure and the need for enhanced production the energy demand even increases substantially in the later lifetime of an oil and gas production facility. The…
US-based services firm McDermott International announced on Wednesday it has been awarded a contract by BHP to provide subsea umbilicals, risers and flowlines (SURF), transportation and installation (T&I), pre-commissioning of one jacket and topsides for the Ruby Project…
North Sea oil & gas sector firms Legasea Ltd and Infinity Oilfield Services Ltd have formed a strategic alliance to work on offshore topsides and subsea projects.The alliance will provide clients with a competitive, integrated service across…
US-based seabed survey and ocean exploration company Ocean Infinity said it has launched a new marine technology and data company boasting the industry's largest fleet of unmanned surface vehicles (USV).Armada, with a focus on combining technology and environmental sustainability…
UK-based marine technology company Sonardyne International announced it has acquired Canadian underwater imaging and inspection specialist 2G Robotics.2G Robotics will join the Sonardyne group of companies, while remaining an independent business and brand…
First oil has started flowing from the BP-operated Alligin field in the West of Shetland region, offshore UK.Alligin is a part of the Greater Schiehallion Area and has been developed as a two-well subsea tie-back into the existing Schiehallion…
Oilfield services giant TechnipFMC has awarded steel producer Tata Steel three separate contracts in the UK sector of the North Sea.The scope of work includes the provision of a High-Frequency Induction (HFI) line pipe for carrier application and both spool and pipe-in-pipe systems…
Subsea technology company Seatools has completed the delivery of a CT umbilical winch on behalf Van Oord Offshore.The winch will power Van Oord’s new subsea trencher “Deep Dig It,” which will be deployed during cable installation operations at an offshore wind farm later this year…
Israel's Delek has dismissed reports that the gas pipeline carrying gas from the Leviathan offshore field to Egypt has been affected by a reported terrorist attack in Egypt.Al Jazeera on Monday reported that a group of attackers had blown up a gas pipeline in Egypt's Sinai Peninsula…