Nekkar’s subsidiary Techano Oceanlift has been awarded a contract by Hercules Supply to deliver an offshore crane for its multi-purpose support vessel (MPSV) newbuild, currently under construction at Fujian Mawei Shipyard.Techano Oceanlift will…
Marine geophysical services company PXGEO has appointed Charles ‘Chuck’ Davison, Jnr. as Executive Chairman and Chief Executive Officer (CEO), effective immediately.Davidson will also continue to serve as EnerMech’s CEO, which shares the same shareholder as PXGEO…
French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Búzios 10 offshore project located at the Búzios field, operated by Petrobras.The contract represents nearly 18,000 tons of subsea seamless premium carbon steel line pipes…
Chevron has started oil and natural gas production from the Ballymore subsea tieback project in the deepwater Gulf of America.Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300…
Dutch geodata firm Fugro on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects…
Sea1 Offshore, formerly Siem Offshore, has signed an agreement to sell the 2014-built offshore construction vessel (OSCV) Sea1 Spearfish to an independent third party.The sale is done on market terms and will result in a gain of approximately $40 million for Sea1 Offshore…
Iraq has signed a deal to establish a subsea oil pipeline for exports via its southern ports, the country's oil ministry said on Sunday.The project is in cooperation with Italian offshore contractor Micoperi and Turkey's Esta for a pipeline with capacity of 2…
Eidesvik Seven Chartering, a joint venture company between Subsea7 and Eidesvik Offshore, has entered into an agreement with Subsea7 to extend the contract for the subsea vessel Seven Viking.Subsea7 declared the remaining option for 2026 and…
OEG Energy Group (OEG) has officially unveiled GEOBASE, an offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software…
Ashtead Technology has signed a global technology partnership with EdgeTech to bring the first eBOSS system to the subsea technology rental market.The EdgeTech Buried Object Sonar System (eBOSS) is the latest advanced technology sub-bottom sonar…
Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for moorings and installation subsea services…
A new report has found that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.Equinor procured goods and services with a total value of $13…
VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…
Industrial data and engineering consultancy Imrandd has secured contract with Apache North Sea, expanding scope to include pipeline capability.The renewal extends Imrandd’s ongoing provision of integrity data analytics and onshore integrity…
Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a memorandum of understanding (MoU) to work together to grow the subsea sector in both hemispheres.GUH, the trade and development body which represents the UK’s $11…