Northern Ireland-based offshore decommissioning technology firm Decom Engineering said Wednesday it had developed its largest Chopsaw to date in response to client demand for larger-sized subsea pipe-cutting capability.The C1-46 Chopsaw has…
Energy services firm Expro said Wednesday it had secured a contract with an unnamed 'major operator' for the first deployment of its single shear and seal high-debris 15K ball valve assembly.The multi-functional single shear and seal mechanism…
Extracting minerals from the ocean floor could negatively impact biodiversity on a scale of up to 25 times greater than land-based mining, and fixing the damage would cost twice as much as extraction, a new report said on Thursday.A search for…
Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion.Under the existing Long-Term Agreement (LTA) with Saudi Aramco…
Italy's Prysmian has adopted a net zero carbon target by 2050 and slightly upped its emission reduction targets for the near term, the world's largest cable maker said on Wednesday.Prysmian - which supplies cables for industries including high voltage power transmission…
FORCE Technology introduced a new generation of its P-Scan ultrasound scanner for subsea inspections. P-Scan 5 is designed to be easier to configure for a wider range of geometries and asset integrity applications, including regular inspection of submerged pipelines…
French oil and gas services provider Technip Energies on Tuesday agreed to resolve its outstanding matters with the French Parquet National Financier (PNF).The agreement on the form of a Convention Judiciaire d'Intérêt Public (CJIP) was signed on June 22…
Oilfield services firm TechnipFMC said Monday it had won a significant contract with Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola.For TechnipFMC, a “significant” contract is between $75 million and $250 million…
Corrosion and BlueStream launched ICCP-SAM, touted as sustainable corrosion protection of XX(X)L monopile foundations. ICCP-SAM is designed to remotely install ICCP anodes on monopile foundations of all sizes, anywhere on the foundation and even in the roughest ocean conditions…
Marine geophysical company PXGEO on Friday announced it has secured a contract with Petrobras for a 3D ocean bottom node (OBN) survey in the Campos Basin, Brazil.The survey is to be acquired in water depths of 2,300 meters with a duration of approximately 10 months, the company said.
ABS is providing new technology qualification services for subsea ammonia storage technology from NOV Subsea Production Systems.The 200-cubic-meter prototype subsea storage unit is en route to NOV’s testing facility in Norway where large-scale…
Energy technology company Baker Hughes announced it has been awarded a contract by Eni and its partner Petroci for the Baleine Phase 2 project in Ivory Coast, Africa’s first Scope 1 and 2 net-zero emissions development.This award, which includes eight deep water trees…
CSignum CEO Chris Brooks and his team discuss how its RadiEM innovation can seamlessly transmit data through the water-air boundary wirelessly.
A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types…
Subsea7 has confirmed that its offer, dated June 15, for the entire share capital of DOF Group expires at the end of Monday, June 19. The expiration follows the rejection of the offer by the DOF board on June 16.DOF concluded that NOK 35 per…