Customer pressure for 20,000 psi-capable equipment has persisted for over a decade, yet no industry standards have been firmed up. This hasn’t stopped orders for such equipment, although some were later cancelled.Baker Hughes, a GE company,…
Teledyne RD Instruments (TRDI) has launched its next-generation Doppler Velocity Log (DVL), the Tasman DVL.In 1995, Teledyne RDI designed and manufactured the industry’s first DVL, the Workhorse Navigator, aand has since delivered thousands…
When properly designed and applied, composite materials, which have been used for pipeline repairs since the 1980s, can outlast the steel being repaired in offshore environments.Even with a decades-long track record, says Matt Green, VP of technical services at ClockspringNRI…
Acoustical engineering company AdBm Technologies and Dutch maritime contracting company Van Oord has successfully demonstrated the new AdBm noise mitigation system (NMS), which can be used for offshore wind applications.The NMS reduces underwater…
Project partners in the UK are working to develop a new approach for monitoring the long-term integrity of suspended or decommissioned oil and gas wells in the North Sea. Their proposed technique aims to act as a 'smoke alarm for the sea' to provide early warning in the event of a leak…
Subsea 7 posted first-quarter core profits below expectations on Thursday while adding that the offshore oilfield service provider's full-year revenue is no longer expected to decline.'We are now guiding for 2019 Group revenue to be broadly in line with 2018…
C-Kore Systems announced it has hired Diego Baraldi to represent the subsea testing tools manufacturer as Sales Manager – South America.Baraldi has more than 15 years of experience in the offshore oil and gas sector, starting his career with…
Connectors manufacturer SubConn has grown its production capacity in the US, with first connectors expected to come out of its new facility by October 2019.The company has invested in a 2,300-square-meter new location that combined with its existing 2…
Looking at the global subsea picture, what trends do you see, and how does Proserv plan to capitalize on potential areas of opportunity?In my opinion, we are now past the stabilization phase in the subsea sector, which has taken us through the last 18 months…
Olis Robotics, a Seattle based developer of next-generation remote robotics software, said it has hired Tom Boyer as the Chief Commercial Officer to spearhead new business development across core verticals, including offshore energy.Boyer brings…
A new guide published by ABS aims support the development of smart functions and condition-based approach to optimized performance that will help marine and offshore owners and operators capitalize on their operational data.Through the analytics that they provide…
Interventek Subsea Engineering said it is developing a control system for a new subsea in-riser landing string that is designed to reduce size, weight, complexity and cost.The development of the new control system has gained support by the way…
Seabed deployed remotely operated underwater vehicles (ROV) are already here. Since early last year, IKM Subsea has been operating its Merlin UCV R-ROV (resident ROV) from a cage placed beneath Norwegian operator Equinor’s Snorre B production facility offshore Norway…
Norway's Aker Solutions ASA raised its 2019 revenue outlook on expected higher spending on the offshore oil services and reported better than expected first-quarter profits, lifting its shares on Tuesday.The upbeat sentiment on oilfield spending…
Baker Hughes reported negative free cash flow for the first quarter at a time energy investors have been pushing companies to aggressively shore up capital for dividends and buybacks, sending its shares down as much as 8.5 percent.Oilfield service companies…