Subsea

ROVs

Offshore: Subsea Resident ROV Supports Critical Operations

Resident vehicle systems can provide offshore oil and gas operators with standby, emergency support and cost savings through eliminating vessel requirements.

May 11, 2020

Subsea

Wood, NERA Partner to Develop Subsea AI Inspection Tool

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.

May 8, 2020

Pressure Pumping , Umbilical

Bosch Rexroth Wins Spotlight On New Technology Award from OTC

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.

May 7, 2020

Umbilical , Flowlines

Subsea 7 Bags IOG North Sea Deal

Subsea 7 SA has been awarded a sizeable contract on May 7 by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development, located in the U.K. sector of the southern North Sea.

May 7, 2020

ROVs

Logan Industries Builds Custom ROV A-frame for TechnipFMC

Logan Industries, a hydraulic repair, manufacturing and rental company, has delivered a custom A-frame to TechnipFMC for one of their new state-of-the-art ROVs, which will deploy later this year in the Gulf of Mexico, the company said on May 5.

May 6, 2020

Subsea

Dril-Quip Receives Recognition for Vertical Subsea Tree System

Dril-Quip Inc. has been presented with a Spotlight on New Technology Award by the Offshore Technology Conference (OTC) on May 5 for its VXTe vertical subsea tree system.

May 6, 2020

ROVs

Oceaneering Completes Integrated Rig Services Campaign Offshore South America

Oceaneering International’s Remotely Operated Survey (ROS) group has successfully completed an integrated rig services campaign for a major operator offshore South America and recorded a milestone 150,000 hours of ROS operations with 99% uptime with no client operations or vessel downtime on May 5.

May 5, 2020

Subsea , Pipelines

Saipem Scores Baltic Pipe Deal worth $350 Million

Saipem has been awarded a contract by Gaz-System SA for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea.

May 4, 2020

Earnings , Subsea

Oceaneering Cuts Executive Salaries

Oceaneering International Inc. said May 4 that, consistent with its commitment to cost reductions during the ongoing public health and energy market crises, its board of directors has approved voluntary base salary reductions of the executive management team and other members of senior management, effective as of May 1, 2020.

May 4, 2020

Digital Oilfield , Completions , Subsea

OTC Reveals 2020 Spotlight on New Technology Award Recipients

Eighteen technologies from 14 companies from around the world will be awarded this year, including six companies that will be recognized for the Spotlight on Small Business Award.

May 4, 2020