United Arab Emirates-based energy heavyweight Abu Dhabi National Oil Company (ADNOC) and the U.S.-headquartered technology player SLB have deployed a platform running on artificial intelligence (AI) across a fleet of more than 120 rigs to cut downtime and improve drilling performance at onshore and
Aberdeen-based energy consultancy Xodus has expanded its role on a decommissioning program in Australian waters, supporting environmental approvals for the next phases in the removal of one of the country’s largest offshore oil field developments.
Intermoor, Acteon’s Moorings and Anchors business line, has secured its third contract with Brazilian oil & gas giant Petrobras in less than a year, this time for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchor
German energy player Uniper has signed off on a two-decade-long liquefied natural gas (LNG) deal with a multibillion-dollar LNG project being developed on Canada’s northwest coast to export lower-carbon LNG to energy markets.
Greece’s Asso.subsea has reported it was purchasing the inspection, maintenance and repair (IMR) vessel Viking Reach from the joint venture of Reach Subsea and Eidesvik Offshore, following the sale announcement from earlier today. It was reported today, August 4, that Eidesvik Reach, in which Eidesv
The State Oil Company of the Republic of Azerbaijan (SOCAR) has strengthened its hold on a giant oilfield in the Caspian Sea by acquiring Itochu Corporation’s participating interest, increasing its ownership in the oil and gas project off the coast of Azerbaijan as the Japanese trading and investmen
Bourbon’s new inspection, maintenance, and repair (IMR) vessel has entered into service and is starting its first long-term contract offshore India. Bourbon Evolution 810 has diesel-electric propulsion, is fitted with two active heave-compensated cranes with lifting capacities of 40 and 150 tons, an
Golar LNG, a Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, has landed a multimillion-dollar financing to fuel its floating LNG (FLNG) expansion.
ExxonMobil has selected Sercel, Viridien’s sensing and monitoring business line, to deliver a software tool to optimize maritime operations and support pipelay and mooring installation campaigns at a deepwater oil development project offshore Guyana. Under a one-year contract awarded by ExxonMobil G
Israel’s Navitas Petroleum has enlarged its footprint in the Gulf of America (U.S. Gulf of Mexico) by acquiring interests in two oil discoveries.
Eidesvik Reach, the joint venture of Reach Subsea and Eidesvik Offshore, is selling its 2009-built, 85-meter-long inspection, maintenance and repair (IMR) vessel Viking Reach. The joint venture, in which Eidesvik holds a 50.1% ownership interest and Reach Subsea 49.9%, has entered into a memorandum
Noble Corporation, a U.S.-based offshore drilling giant, has fitted one of its drillships with new equipment, reflecting its confidence in a strengthening offshore drilling market and busier years ahead for the global rig fleet.
Bermuda-incorporated offshore drilling contractor Valaris has confirmed the completion of its assignment with the UK-headquartered energy giant BP off the coast of Trinidad before the expected timeline.
Greek Hellenic Cables, the cables segment of Belgium-headquartered Cenergy Holdings, has achieved qualification of its 525 kV HVDC XLPE cable systems for both submarine and underground applications. The qualification covers cable systems designed for continuous operation at 80°C using XLPE insulatio
