Aker Solutions beat second-quarter earnings on Wednesday citing demand from the offshore oil sector despite price pressure from ongoing high capacity.Service providers are slowly recovering from a 2014 slump in oil prices that prompted companies to curb offshore projects…
Italian services company Saipem said it will design and built a 500 megawatt (MW) floating offshore wind farm in Saudi Arabia under a memorandum of understanding and exclusive agreement with Abu Dhabi based renewables solutions firm Plambeck Emirates…
The business case for investing in new technology is much more than simply looking for new capabilities on the promise of greater efficiency and lower costs. Lee Clarke of Dynama advocates considering the bigger picture and explains why it pays…
Italian services firm Saipem said it has started functional testing on its Hydrone-R underwater resident vehicle at Sonsub facilities in Venice.The advanced underwater intervention drone is being launched in water for a comprehensive qualification…
In an industry with infrastructure well beyond its design life, stock sharing for replacement parts can help keep equipment running smoothly.Because maintenance is critical for safe and continued operations, asset owners tend to keep plenty of spare parts on hand…
C-Kore Systems has completed another offshore campaign off the West Australian North West Shelf. C-Kore’s subsea testing tools quickly located the faulty subsea equipment allowing it to be replaced to make the field operational again.C-Kore’s…
Fugro said it has provided remote positioning services on board a floating production storage and offloading (FPSO) vessel for Bluewater during a scheduled subsea inspection, repair and maintenance campaign in the North Sea.The recent week-long…
Tech conglomerate Siemens said it will provide three 34-megawatt (MW) SGT-A35 gas turbine power generation packages to power a floating production, storage, and offloading unit (FPSO) that will operate for Eni off the coast of Mexico.The Eni…
Global Energy Group said its North Fabrication division has completed and handed over the Schiehallion Central Production Manifold M1P to BP.The 130Te manifold was delivered safely and to the required project quality requirements, the manufacturer said…
The world's largest semi-submersible crane vessel will embark this week on its 45-day maiden voyage to Spain.Dutch firm Heerema Marine Contractors’s newest vessel Sleipnir, built by Sembcorp Marine in Singapore, is designed to work on large offshore projects such as installing and removing jackets…
Norwegian-based sensors company ClampOn said it has been awarded a contract for subsea corrosion-erosion monitors (CEM) for permanent monitoring of pipe erosion from sand production.The CEMs will be installed at a 6″ pipe bend on a subsea flow module…
Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond…
UK-based subsea technology company Sonardyne said Australian headquartered subsea services firm Neptune has become the latest to adopt its new, all-in-one acoustic and inertial positioning technology platform to support offshore survey projects…
Subsea services group Acteon announced on Monday it has acquired Proserv’s field technology services (FTS) business unit, including its surveying capability. The exact terms of the transaction were been disclosed.The services and facilities of the FTS business…
Technology company ABB said it will support Norwegian oil and gas producer OKEA in an effort to achieve productivity gains using agile and dynamic business models, looking at areas such as autonomous operations, digital solutions and advanced services…