While most oil and gas operators and service companies are reducing expenses to keep costs down, some companies are beginning to falter due to financial distress. This month alone, two Houston-based companies, BPZ Energy (which trades under the name BPZ Resources) and Cal Dive International…
Inspection, maintenance and repair (IMR) specialists N-Sea has launched its third diving support daughter craft. The Edradour represents a £1.5 million investment for the company and will be immediately used in its IMR operations across the North Sea…
Technip has completed the previously announced sale of its diving assets in the US Gulf of Mexico to Ranger Offshore Inc. As part of this transaction, Technip USA and Ranger Offshore have entered into a multiyear Diving Services Agreement covering Technip’s North America Region…
Technip is to name its latest newbuild dive support vessel (DSV), currently being built by Vard, the Deep Explorer. The high-specification, DP3 vessel will feature a 24-man saturated dive system, large deck area, moonpool, work-class ROVs…
The National Offshore Safety Advisory Committee (NOSAC), sponsored by the US Coast Guard, will meet on 18-19 November in Houston. Topics on the agenda include diving safety; OSV purpose and offshore workers; and training of personnel…
Inspection, maintenance and repair company N-Sea recently completed its inaugural diving scope with the TUP Diving System(Transfer Under Pressure). The TUP Diving System Image: N-Sea The…
Technip has agreed to its North American diving assets to Ranger Offshore as it looks to focus on high technology and ultra-deep water products and services. Proceeds from this divestment will be partially reinvested directly into Technip's subsea business…
Harkand has been awarded a contract to support Apache's North Sea business with inspection, repair and maintenance work (IRM) as well as light construction (LC). The award includes provision of vessels, ROV and diving services for three years…
Technip announced it has been awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years…
Owen Kratz marks his 60th birthday this year, but he's far from settling down. The CEO of Helix Energy Solutions Group, including the business unit Well Ops, including business unit Well Ops, has the global intervention business in his sights…
Global Energy Group is launching a new offshore diving division to expand its existing inshore diving operations. Global Diving will deliver air and nitrox diving for the offshore oil and gas and renewables sectors in the UK and world-wide…
N-Sea’s TUP Diving System® can be equipped with a hyperbaric lifeboat, offering a safer, more efficient solution to the market. The system consists of a 3-man diving bell, launch and recovery system, triple-lock decompression chamber, gas diver control…
Subsea inspection, repair and maintenance (IRM) group Harkand has ordered a new build dive support vessel and agreed an option for a second. The order has been placed with Norway's Vard Holdings Limited (VARD), with delivery of the first vessel scheduled for Q2 2016…
As part of its continuing global growth strategy, subsea installation contractor Bibby Offshore has announced the opening of a new division and international base in Houston. The company, that also has bases in Aberdeen, Liverpool, Singapore and Trinidad…
Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian…
