APL, a business unit within NOV's Completion & Production Solutions segment, has secured the contract from South Korean builder Samsung Heavy Industries to supply a large submerged turret production (STP) system for a newbuild floating production…
Offshore engineering firm Aquaterra Energy has opened its first engineering office and warehouse facility in Perth, Australia following recent regional contract wins.Located on Murray Street, Perth, Aquaterra Energy’s new office in Australia’s…
As oil prices continue to stabilize, operators are looking for the most efficient drilling and intervention methods to keep their downturn inspired cost savings in place.Jack-up rigs have long been known as the cheaper alternative to their floating cousins…
The Irish-domiciled multinational oil and natural gas service company Weatherford International plc unveiled Victus intelligent managed pressure drilling (MPD), an Industry 4.0 solution that features intelligent control, equipment automation…
The offshore industry continues to find new ways to use machine learning and artificial intelligence to become more efficient, improve safety levels, and increase production. Stress Engineering Services is leveraging those technologies along…
Billing it as Industry 4.0, Weatherford launched its automated managed pressure drilling (MPD) riser system in Houston this week. The automated riser system combines with artificial intelligence, condition-based maintenance and additional sensors to speed operations…
Claxton Engineering has won a multimillion-dollar contract to provide high-pressure riser and abrasive jet cutting services to the Deep Panuke decommissioning project offshore Canada.The supplier of engineering and services for shallow-water…
The exploration and production of deepwater pre-salt plays offshore Brazil have triggered major technological challenges. Some reservoirs are located under 2,000 meters of water and have to be drilled through another 2,000 or so meters of salt…
Statoil has awarded DeepOcean a contract to provide project management, engineering, procurement of anchors for risers and umbilicals, and offshore installation activities on the Snorre Expansion Project in the North Sea. The offshore…
Helix Energy Solutions Group has been awarded its first contract for a new 15,000psi intervention riser system (IRS). The 35-day award is with a large oil and gas operator in the US Gulf of Mexico. The 15,000psi IRS is part of a joint…
2H Offshore is seeking additional participants for its recently launched STREAM (Steel Riser Enhanced Analytics using Measurements) joint industry project (JIP). So far, four major oil and gas operators have agreed to participate in the JIP…
Intecsea’s Kirsten Oliver discusses a new flexible riser inspection tool created in partnership with UK-based Innospection. Figure 1: A typical flexible riser composition. Images from Intecsea…
4Subsea won a contract with Statoil to deliver services and research projects related to structural integrity of fixed and floating offshore installations. The deal will see 4Subsea deliver services related to subsea installations from subsea wellheads…
Houston’s Dril-Quip has signed an agreement acquired OilPatch Technologies (OPT) in a US$20 million cash deal. Founded in 1990 and based in Houston, OPT is a provider of offshore riser systems and components, proprietary threaded connections and other products…
Audrey Leon speaks with Helix Energy Solutions Group’s David Carr about a new system from the Subsea Services Alliance, which seeks to safely drive down the cost of well abandonment operations in open waters. Helix…
