Energy services company Proserv has signed an agreement to be acquired by major US private equity investor Riverstone Holdings LLC. Riverstone Global Energy and Power Fund V, LP, in partnership with Proserv management, will acquire 100% of Proserv shares from Intervale Capital…
OneSubsea signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. The agreement establishes a framework for BG to pursue a standardized approach to subsea production technology…
Noble Energy awarded Nordic Maritime a US$70 million, five-year contract for its DP2 IMR subsea vessel, Mokul Nordic. Mokul Nordic. From Nordic Maritime. The vessel will be performing…
Petrex supported the CNR International's Subsea Project Team during the installation of a multiphase booster pump (MPBP) at the Lyell subsea field in the North Sea. Petrex acted as the CNR International interface for the day-to-day project management of the MPBP vendor…
Norwegian-based subsea contractor Ocean Installer has opened an office in Perth, Australia to meet client demand for subsea construction services. “This is the beginning of our presence in another promising region in line with Ocean Installer’s growth strategy…
FMC Technologies reported a 15% increase in revenues and its highest quarterly subsea margins in four years, thanks to its Subsea Technologies division. Subsea Technologies saw a 16% increase in Q3 revenue, at US$1.3 billion, compared to the previous quarter…
McDermott International, Inc. won a transportation, installation and pre-commissioning contract from a subsidiary of PETRONAS, for the Bukit Tua development project in the Ketapang block of East Java, Indonesia. This new contract is for…
Viper Subsea exhibited its latest innovation in Aberdeen this week. The V-LIM is a line integrity monitor that provides extremely accurate electrical integrity data across a wide range of insulation resistance levels and can be readily integrated…
FMC Technologies, Inc. received an order from Total to supply subsea systems for its Edradour and Glenlivet fields offshore in the West of Shetland area. FMC Technologies' scope of supply consists of subsea equipment including manifolds and associated connections and controls equipment…
Eni East Africa SpA awarded the KD consortium, consisting of KBR Inc. and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), a contract for a front end engineering design (FEED) for a floating liquefied natural gas (FLNG) facility for…
EMAS AMC's flagship vessel, the Lewek Constellation, is due to arrive in the North Sea in the coming week in order to be fitted with its multi-lay tower and ancillary equipment for pipe lay activities at Huisman's Schiedam yard, Netherlands…
Wood Group Kenny has been awarded the front end engineering design (FEED) for the subsea and pipeline element of the Peterhead Carbon Capture and Storage (CCS) project in Aberdeenshire. The project, the world's first full-chain CCS project on a gas-fired power station…
Saipem awarded BMT Group Ltd. a contract to supply the riser integrity monitoring systems for the Lula Norte and Lula Extremo Sul developments in the Santos Basin pre-salt region, off Brazil. BMT’s subsidiary, BMT Scientific Marine Services…
ROVOP is investing more than US$ 6.3 million (£4million) in a new purpose-built headquarters that will include training facilities, a full ROV underwater test facility and an internal 40-tonne overhead crane. The facility is located in the Aberdeenshire’s Westhill area…
Expro obtained a US$50 million contract to supply a high rate well testing package and ancillary services for the Inpex-operated Ichthys LNG Project, off Australia. Upon the terms of agreement, Expro will provide well testing, large bore subsea landing string…