Kongsberg Oil & Gas Technologies has signed a purchase agreement with a subsidiary of National Oilwell Varco (NOV) regarding the sale of its Subsea Products business. The sale includes Thor Tie-In, Weaklink, Pipeline Structures (typically PLEM…
A new report from Reports and Reports called 'Global Well Intervention Market 2016-2021,' says worldwide, well intervention is forecast to grow at a CAGR of 4.34% from 2016-2021, on account of rising demand in the oil and gas energy along with aging well assets…
Subsea connector specialist, First Subsea, has supplied a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian North Sea…
ExxonMobil has joined a joint industry project (JIP) to develop Viper Subsea’s innovative V-IR system. ExxonMobil has joined the V-IR project, which has been established through the Industry Technology Facilitator (ITF), at a crucial…
Remote Ocean Systems (ROS) has released three new products for ROVs, research, and oil and gas. The L350 Full Range Dimming LED is an underwater LED floodlight that allows full range dimming up to 7500 Lumen. Designed with the offshore operator in mind…
With global offshore wind expenditure expected to reach about US$288 billion (£210 billion) over the next 10 years, Subsea UK is encouraging companies to expand into the renewables sector to sustain long-term growth. The industry body…
The 12th Annual Deepwater Intervention Forum (DIF), presented by OE, kicks off in Galveston, Texas, this 9-11 August, which will feature industry-leading experts from the subsea intervention space. DIF exhibit hall in 2015…
Houston-based AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth. The resulting combination of companies will offer technologies covering both onshore and offshore applications, including deepwater managed pressure drilling (MPD)…
OneSubsea has been awarded an engineering, procurement and construction contract totaling approximately US$300 million from Woodside Energy. OneSubsea will supply a subsea production system and a dual multiphase boosting system for the Greater Enfield Project…
DONG E&P Norge is divesting its shares of five Norwegian oil and gas fields to Faroe Petroleum in a US$70.2 million deal, as Faroe moves to raise $81 million (£60.8 million) to fund the acquisition, as well as accelerate its Brasse discovery towards development…
The Norwegian Petroleum Directorate (NPD) has carried out four successful ROV (remotely operated underwater vehicle) dives and has acquired depth data (bathymetry) near the Vøring Spur in the western Norwegian Sea. Figure 1…
Tenaris has inaugurated its first service center in Thailand in order to serve Chevron. From Songkhla, an important harbor on the Gulf of Thailand, Tenaris will supply the major OCTG and Rig Direct services. Tenaris will provide 80,000-ton of chrome and carbon casing and tubing…
Mermaid Subsea Services (Thailand) (MSST) has been awarded a contract to provide technical support service personnel to a national offshore oil and gas engineering, procurement, installation and commissioning company with large-scale projects internationally…
Oceaneering has entered into a master service agreement with Heerema Marine Contractors through to December 2020. Under the agreement, Oceaneering will provide up to 10 remotely operated vehicle (ROV) systems with associated subsea tooling…
Subsea intervention, construction and engineering firm Canyon Offshore has opted for a Mermac electric winch solution to handle ROV systems on board the latest two additions to its Grand Canyon family of offshore support vessels. MacArtney has supplied a total of four winch systems…