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DOF ASA and DOF Subsea AS have entered into suspension agreements with, or received similar concessions from, secured lenders representing 93% of the secured debt of companies within the DOF Group comprised by the suspension agreements, the company said on May 15.
DeNovo Energy has awarded Aquaterra Energy, a leader in global offshore engineering solutions, the FEED contract on May 18 for a second Sea Swift platform to be located in the Zandolie field, off of the west coast of Trinidad and Tobago.
Neptune Energy has conducted the world’s first dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea on May 13.
Solstad Offshore ASA said May 11 that the Brazilian flagged CSV, Far Saga, has been awarded a contract with Petróleo Brasileiro SA (Petrobras) for a period of three years firm.
Resident vehicle systems can provide offshore oil and gas operators with standby, emergency support and cost savings through eliminating vessel requirements.
Wood and NERA (National Energy Resources Australia) have formed a partnership on May 5 to develop and deliver a solution for the inspection of critical industrial equipment, particularly for subsea oil and gas infrastructure.
Bosch Rexroth’s subsea valve actuator enables the electrification of subsea production systems not only for the development of greenfields, but also for the modernization of brownfields.