UK-based offshore technology company Osbit said it has been awarded a contract by FTAI Ocean, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (FTAI), to design and construct a new well intervention tower system.Osbit’s…
Enhanced Well Technologies AS, a company owned and controlled by EV Private Equity together with Shell Ventures B.V. and the IKM Group, announced the acquisition of riserless mud recovery services provider IKM Cleandrill AS. This acquisition…
Norwegian authorities have given Equinor consent to use Island Wellserver for light well intervention (LWI), the Petroleum Safety Authority (PSA) announced on Wednesday. The consent concerns an extension to an existing LWI approval as well as a new operation using a coil hose…
Two providers of subsea and well intervention solutions, China based offshore and subsea solutions company COOEC Offshore and oilfield services company Expro, have formed an alliance agreement to expand capabilities and resources.COOEC Offshore…
Despite Africa not being a top contender in the global decommissioning market, the region holds huge potential for growth as more offshore old and gas fields mature while some of the newly drilled ones turn dry.The region’s top oil and gas producers such as Angola…
Oilfield services company Expro said it has been awarded a contract by Pacific Drilling subsidiary Pacific Santa Ana for the provision of an Intervention Riser System (IRS) for PETRONAS’s Chinguetti Field Phase II plug and abandonment (P&A) contract…
US-based marine services firm C-Innovation (C-I) said it has been awarded a contract to perform riserless light well intervention (RLWI) activities for oil major BP in the Gulf of Mexico.C-I, an affiliate of Edison Chouest Offshore (ECO) and its family of companies…
Asia Pacific focused Jadestone Energy announced Monday it has begun a riserless light well intervention (RLWI) campaign at the Montara complex, offshore Australia.The Sapura Constructor light well intervention vessel was mobilized to the field on May 30…
New deepwater technologies and service capabilities from drilling fluids provider Newpark aim to help offshore oil and gas customers tackle challenging environments with faster, safer and cleaner results.The company's expanded portfolio of stimulation…
Subsea intervention is going to be big in 2019, just not where you were expecting. David Carr, Senior Vice President - International Development at Helix Energy Solutions Group, gives his forecast for 2019.Around this time of year, the papers are full of forecasts…
UK operators have gone a long way to reducing their costs and are even starting to look at investment, delegates attending the Oil & Gas UK Share Fair in Aberdeen early November learned. Elaine Maslin reports (First published in the December 2017 OE…
Audrey Leon discusses the next game-changing intervention technologies with OE’s Deepwater Intervention Forum advisory board members ahead of this year’s show. Onboard the Well Enhancer looking…
TechnipFMC has signed a three-year frame agreement with Woodside Energy in Australia for riserless light well intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services. Under the agreement…
Oceaneering International’s acquisition of Blue Ocean Technologies is set to reap returns in terms of new technology. Elaine Maslin reports. IRIS and BORIS. Images from Oceaneering. When…
The Offshore Technology Conference (OTC) recognizes innovative technologies each year with the Spotlight on New Technology Award. This awards program is exclusively for OTC exhibitors and showcases the latest and most advanced technologies that are leading the industry into the future…
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