Wärtsilä, a Finland-based marine equipment manufacturer, has secured order to deliver thrusters for Boskalis' crane vessel Bokalift 2.The Finnish company said its comprehensive thruster solution would enable Boskalis to convert an existing hull to create the crane vessel Bokalift 2…
Energy services group Hunting has said it has completed the acquisition of Enpro Subsea for $33 million.Hunting said Friday that, apart from the $33 million, the consideration also includes a potential maximum earn-out of US$3.0m based on EBITDA performance in 2020…
UK-based offshore equipment specialist Sparrows Group has signed a deal for the delivery of three cranes for Qatargas' giant North Field offshore expansion project.Sparrows said Wednesday the contract was secured through McDermott International…
Petrofac Emirates, a subsidiary of the UK oilfield services company Petrofac, has signed two contracts worth $1.65 billion with Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates to deliver offshore platforms and gas processing facilities…
Magseis Fairfield, a marine seismic acquisition company specializing in Ocean Bottom Node surveys, has signed a system sales contract for the delivery of Z100-nodes to an existing client in Asia. The Oslo-listed surveyor said the delivery complemented…
While much focus on resident subsea vehicles has been about the vehicles, there’s also been a lot of focus behind the scenes on creating electric tooling. The industry has relied on hydraulic tooling since tooling has been used, with the benefits and drawbacks that come with it…
Belgium-based offshore installation specialist DEME Offshore and German builder of tunnel boring equipment Herrenknecht have teamed up to build a subsea drill to be deployed at the Saint-Nazaire offshore wind farm in France. This is the first…
Robert Gordon University (RGU) has appointed Chris Pearson as Director for the National Subsea Center (NSC), tasked with leading the center’s research and development to tackle subsea engineering challenges.Pearson will take up the new post…
Aker BP said it plans to trial robots and drones for autonomous inspection, data capture and automatic report generation on its operated Skarv installation in the Norwegian Sea during 2020.The Norwegian focused exploration and production firm…
Norway's Equinor has said that the new gas module recently put on the Troll C platform in the North Sea will accelerate and boost production from the nearby Fram field 'by substantial profitable volumes.'The Fram oil deposits in the North Sea comprise the Fram Vest and Fram Øst fields…
U.S. oilfield equipment supplier National Oilwell Varco on Friday called the coronavirus a 'wildcard' in the oil industry's outlook, with an extended outbreak potentially hurting access to Chinese-make materials and foreign sales.The Houston…
Churchill Drilling Tools, oilfield services firm specializing in drilling equipment has entered the Egyptian offshore oil and gas market after an undisclosed operator ran five Churchill tools in its drill-string.'Egypt is just one of a number…
US-based seabed survey and ocean exploration company Ocean Infinity said it has launched a new marine technology and data company boasting the industry's largest fleet of unmanned surface vehicles (USV).Armada, with a focus on combining technology and environmental sustainability…
Increasing activity, led by scaled down, accelerated projects and subsea tiebacks is helping drive an increasing business in the subsea industry. But there’s slim chance of revisiting the boom days of 2013, the Society of Underwater Technology’s…
SOFEC announced it has been awarded a contract from MODEC to supply an external turret mooring system for a floating production, storage and offloading (FPSO) vessel for the Sangomar project offshore Senegal.SOFEC will be responsible for all engineering…
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