UK-based subsea rental equipment and solutions firm Ashtead Technology has signed a rental agreement with Norway-based RTS, a provider of electronic engineering equipment for the underwater industry.Under the deal, Ashtead Technology will have access to the RTS-owned equipment fleet…
Houston-based Deepsea Technologies, Inc. (DTI) on Tuesday announced it has acquire a 100% share AF Global UK Ltd. (AFGUK), the subsea division of AFG Holdings Corporation. The company will now operate under the name Deepsea Technologies UK Ltd…
Norwegian oil firm Equinor and Halten East partners Vår Energi, Spirit Energy, and Petoro have decided to invest around NOK 9 billion (around $937,5 million) to develop the area near the Åsgard field in the Norwegian Sea.The area consists of…
Offshore operations and well services provider Odfjell Technology has won a three-year contract with Petronas in Malaysia. The company will provide all required tools, chemicals, and services for the Petronas' wellbore cleanup operations in East Malaysia…
Ashtead Technology developed a new optical chain measurement system (CMS) to provide highly accurate and repeatable mooring chain measurements to track chain corrosion, wear and elongation between surveys, combined with inclination measurement to verify chain tension…