The number of drilled oil and gas wells this year is expected to reach about 55,350 this year, the lowest since at least the beginning of the century, Norwegian energy industry intelligence firm Rystad Energy said. The demand for drilling equipment is also down.The expected 55,350 wells in 2020 are a drop of 23% fall from 2019’s number of 71,946 wells.From the 55,350 wells to be drilled in 2020, 2…
Oceaneering's Brazilian subsidiary, Marine Production Systems do Brasil, has secured a five-year contract from the Brazilian oil company Petrobras for the operation of three existing drill pipe riser (“DPR”) systems to support intervention and completion operations in Brazil…
The Norwegian offshore energy industry services company Axess Technologies has secured a riser replacement contract with the Norwegian offshore energy giant Equinor.The contract, of an undisclosed value, will see Axess Technologies replace three…
Ocean services provider DeepOcean has been awarded a contract by Equinor to support the Troll B – Increased Gas Export project, located in the northern part of the North Sea.Troll B is a floating processing and accommodation platform with a concrete substructure…
Scana's PSW Technology has secured a contract to sell a deepwater riser system to offshore drilling contractor Northern Ocean.'The agreement involves the sale of a complete marine riser system to Northern Ocean for ultra-deepwater operations…
Scana-owned PSW Technology has secured a contract with offshore drilling contractor Odfjell Drilling for the delivery of marine risers to operations in West Africa. The deal includes the leasing of a complete riser package for a minimum of 18 months…
Scana's Subseatec has won a contract with an international energy company for the delivery of riser joints. The joints are intended for an offshore field development. Scana said the deal was a sizeable contract for the company, meaning it is worth between NOK 10 million and NOK 50 million…
Scana's PSW Technology has signed an exclusive license agreement with global oil service provider Cameron, a subsidiary of Schlumberger company.The agreement, which is the first in Norway for both Cameron and PSW, allows PSW to carry out recertifications…
4Subsea, a provider of tech solutions for the offshore energy industry, has secured a service agreement to monitor steel catenary risers on the Bacalhau field FPSO, offshore Brazil. The field, in Brazil's Santos Basin, is operated by Norway's Equinor…
In what has been described as an industry first, ABS has design reviewed a deep-sea mineral riser system capable of reaching more than 6,000 meters beneath the sea surface.Developed by Oil States Industries (OSI), the Merlin Deepsea Riser System…
Offshore engineering solutions provider Aquaterra Energy said Monday it had won a multi-million-dollar riser contract in the Asia Pacific region.Aquaterra said the contract was with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region…
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