Norwegian subsea services company Reach Subsea said Wednesday it had secured a contract in the UK offshore wind space.Reach said the contract, in the North Sea, would start early in Q2 2022, representing about 80 project days.'The project involves…
Norwegian offshore vessel owner Siem Offshore said Wednesday it had entered into agreements with the U.S. offshore well intervention firm Helix Energy Solutions for its Siem Helix 1 and Siem Helix 2 vessels.The new deal for the offshore well…
Schlumberger's current-quarter results are likely to be impacted by the ongoing Russia-Ukraine conflict, its chief executive officer said on Tuesday, as Moscow accounts for about 5% of the oilfield services company's global revenue.Crude prices…
Marine software pioneer Greensea Systems Inc. has launched spin-off company Armach Robotics, that capitalizes on Greensea’s digital expertise to offer a subscription model robotic hull cleaning system using autonomy, intelligence and data fusion to tackle biofouling…
Norwegian offshore vessel owner Havila Shipping has won vessel contracts with Nexans Norway and Peterson Den Helder. The company also secured work of one AHTS with an unnamed client.Nexans Norway has chartered Havila Shipping's subsea vessel Havila Phoenix…
Oilfield services company Schlumberger on Monday announced an enterprise-wide deployment of the cloud-based DELFI cognitive E&P environment for the U.S. oil firm ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled…
The Nordic Investment Bank (NIB) has agreed on a 10-year loan deal with Danish grid operator Energinet to increase the co-financing to construct the Viking Link, a 760- kilometer 1.4 GW high voltage direct current electricity interconnector…
DNV, Strohm, and the Non-Metallic Innovation Centre (NIC) have launched a report comparing the lifecycle carbon footprint of externally coated carbon steel pipe and thermoplastic composite pipes (TCP), which shows that TCP has a significantly lower carbon footprint…
Norwegian oil and gas company Equinor has awarded Subsea 7 a front-end engineering and design (FEED) study for the marine installations associated with the Krafla development project, offshore Norway.The awarded work is required to finalize…
UK-based wave energy technology company Mocean Energy has said it has secured a major new investment to accelerate the commercial roll-out of its Blue Star wave machine. The new funds will drive the technology's adoption in subsea oil and gas…
Engineering firm, a major supplier to the oil industry, has decided to pay a regular dividend and buy back stock as it swung to a full-year profit in 2021 and its outlook improved, the company said on Thursday.Subsea 7 said it 'firmly' believed…
Japan’s growing offshore wind industry is gaining a Saab Seaeye Cougar XTi underwater robotic vehicle for cable burial inspection and other roles. Kaiyo Engineering has acquired the 2000m rated Cougar for deployment from a 250-ton mother ship…
Malaysian offshore oil and gas services provider Alam Maritim has won a contract with Petrofac to provide transportation, installation, and pre-commissioning of flexible risers for the Cendor pipeline project in Malaysia. The total contract value is RM52 million (around $12…
British independent Serica Energy said it has paused production from the Rhum gas field in the U.K. North Sea while it works to replace malfunctioning underwater equipment.Serica said on Monday that it identified a fault in the Rhum subsea control module…
Marine data acquisition services company TDI-Brooks said it has conducted two projects with its new Neptune 5000 (N5K) cone penetration testing (CPT) System delivered from Datem in 2021.The first program was conducted in October for an offshore wind farm project on the U…