Tekmar Group, a provider of subsea protection systems technologies, said it has signed a sale and purchase agreement for the acquisition of subsea concrete mattresses provider Pipeshield International from its founder Steven Howlett. The deal…
A new tool designed to help reduce the cost of decommissioning is being developed by Aberdeen-based oil and gas technology company Deep Casing Tools (DCT) in collaboration with the Oil and Gas Technology Center (OGTC) and Total.The UK is expected…
Universal Subsea Inc. (USI) announced that its patent-pending Defender subsea isolation cap was installed to the Bulleit subsea well, operated by Talos Energy in the Gulf of Mexico at a water depth of 1,300 feet.The lightweight, thermoplastic cap was landed…
Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has completed sea trials in Norway, the manufacturer announced on Wednesday.The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range…
Swagelining, the polymer lining specialist for subsea pipelines, said it has installed its LinerBridge connector technology for the first time for three North Sea projects..The Swagelining team installed the LinerBridge polymer lining connectors…
Subsea and offshore solutions provider Unique Group has sad it has signed an agreement to acquire five unmanned surface vessels (USV) DriX units from French technology company iXblue.The autonomous offshore survey vehicles are designed for a…
Oilfield services company Halliburton said it has been awarded an international license for ExxonMobil’s patented Non-Aqueous Fluid Gravel Packing (NAFPac) technique for gravel pack completions.Hole stability and shale inhibition are keys to successful installation of openhole completions…
As the oil and gas industry increasingly automates functions, one service company has focused on changing the focus from dumb iron to the cloud.Weatherford’s vision is to take its range of production tools and technologies to the next level by bringing them together with the basics of Industry 4…
Neodrill's CAN well foundation has been proven to cut well construction time, costs and environmental impact, while also reducing risks and improve safety during conduct or running operations.
The starting gun on a subsea space race has now officially been fired with the first ever award of a contract that includes services from a subsea resident drone.But, what is less known is that the award, made by Equinor to Saipem for operations on the Njord field…
Services company Subsea 7 announced it has acquired 4Subsea, a provider of technology and services that delivers decision support to oil and gas and offshore wind operators.4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team…
Despite the age of big data, 71% of organizations still rely on a single data source to analyze asset performance and risk management – instead of drawing information from multiple sources for a more comprehensive view, reveals a report released by Lloyd’s Register…
Unmanned maritime systems (UMS), especially autonomous underwater vehicles (AUVs), are no stranger to commercial applications. Survey of the seafloor by AUVs and subsequently unmanned surface vehicles (USVs) is now an accepted practice. UMS technology is moving into new commercial domains…
Oilfield services company Weatherford International announced it has secured a contract with Brazilian-based multinational corporation Petróleo Brasileiro S.A., more commonly known as Petrobras, to deliver 24 Optimax deep-set safety valves in the next four years…
Transocean has deployed the world’s first hybrid energy storage system aboard a floating drilling unit. The system is now operational on the Transocean Spitsbergen, engaged in drilling operations at the Snorre field in Norway, the drilling contractor said on Wednesday…