Hunting Plc, the international energy services group, has completed the acquisition of Enpro Subsea Ltd. on Feb. 21 for a total consideration of $33 million payable on completion, plus a potential maximum earn out of $3 million based on EBITDA performance in 2020.
The agreement will help fast-track innovation and streamline the adoption of applied technologies in areas such as marine robotics, advanced sensing, artificial intelligence and autonomous systems to address the industry’s challenges to improve safety, cost-efficiency and sustainability.
TGS, a provider of multi-client geoscience data for E&P companies, announced the Eastern Delta Refocus 3D Ocean-Bottom Seismic (OBS) imaging program in the U.S. Gulf of Mexico on Feb. 13.
Offshore driller Noble Corp. Plc and Exxon Mobil have entered a unique commercial enabling agreement on Feb. 11 for drilling services in the Guyana-Suriname Basin.
The Egypt Upstream Gateway will leverage the GAIA* digital subsurface platform and provide additional value-added solutions—enabled by digital technology and domain expertise—using the DELFI* E&P cognitive environment capabilities and technologies.
Saipem has been awarded several EPCI contracts in various countries around the world worth over $500 million, the company said on Feb. 6.
The Ruby Field resides in the Block 3(a) development area of Trinidad & Tobago, approximately 28 miles (45 km) off the northeastern coast of Trinidad.
Gulf of Mexico and North Sea wins lead controls technology firm’s strong second half to the year.
Aquaterra Energy and Oceaneering formed a partnership to offer complete decommissioning and late-life solution packages to the North Sea oil and gas industry.
DOF Subsea has been awarded multiple contract awards from undisclosed clients across the North America region, the company said on Jan. 29.