Norway’s asset integrity management company Axess Group and Guyana Logistics and Support Services (GLASS) have established a joint venture (JV) to launch an engineering and asset integrity management (AIM) firm in Guyana. Axess has been delivering services including design, inspection, maintenance,
Woodside has selected the U.S. provider of offshore drilling solutions Dril-Quip for the delivery of subsea wellhead systems for its deepwater oil project in the Perdido basin in the Gulf of Mexico. Dril-Quip is set to supply BigBore IIe subsea wellhead systems for the Trion greenfield deepwater dev
Baker Hughes has secured a contract with Brazilian state-owned oil and gas giant Petrobras for integrated well construction services for a large deepwater field, located in Brazil’s pre-salt Santos Basin. The integrated services project is set to start in the first half of 2025 and will include dril
UK’s EnergyPathways has signed a memorandum of understanding (MoU) with MCS Subsea Solutions (MCS) and Mermaid Subsea Services related to negotiating the provision of subsea FEED services for its field in the UK Irish Sea. The MoU concerns negotiating the provision of subsea FEED engineering, projec
TechnipFMC has secured a contract with Shell for what is said to be the first integrated engineering, procurement, construction, and installation (iEPCI) project to use high-pressure subsea production systems rated up to 20,000 psi (20K). Under the contract deemed as “substantial”, TechnipFMC will m
UK-headquartered oil and gas engineering services business Plexus Holdings has secured a contract valued at over £1 million to deliver equipment and services for multiple plug and abandonment (P&A) activities in the North Sea. Under the contract with an undisclosed client, Plexus will provide Exact
Norway’s energy giant Equinor has signed a long-term frame agreement for diving intervention services with compatriot SubseaPartner. The frame agreement focuses on contingency preparedness for Equinor as the principal user, in addition to 23 other operating companies participating in the Pipeline Re
Energy services provider Expro has entered into a definitive agreement to acquire Scotland-based well integrity and production optimization company Coretrax, from an investment group led by Buckthorn Partners, for a total consideration of approximately $210 million. By acquiring Coretrax, Expro said
Brazilian state-owned oil and gas giant Petrobras has appointed a North Carolina-headquartered company to deliver a seal-less canned motor boosting system for its field in the Campos Basin with the aim of enabling reliable subsea production. Curtiss-Wright Corporation has signed a technology coopera
China’s oil and gas giant China National Offshore Oil Corp. (CNOOC) has rolled out the country’s first locally-made subsea Xmas tree. CNOOC reported that the first China-produced subsea Xmas tree was officially put into use on February 6. The subsea tree is 3.5 meters long, 3.2 meters wide, and 3 me
Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr
Norwegian energy services company AGR has secured a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf (NCS). Under the framework agreement, AGR is set to provide services within blowout conti
A consortium of McDermott and Baker Hughes has completed the installation of subsea infrastructure for Inpex its gas field located offshore Australia. Awarded to the consortium in 2019, the subsea infrastructure development project for the Ichthys field included engineering, procurement, constructio
Texas-based oil and gas services company Trendsetter Engineering has completed two deepwater well stimulation campaigns for what the company says are major operators in the US Gulf of Mexico. These campaigns saw acid treatments performed on a total of six wells, in water depths from 6,500 to 7,200
