Power conversion specialist Converteam has been selected to supply its sophisticated C-Series dynamic position (DP) control systems for two platform supply vessels (PSVs) destined for operation in the oil and gas fields of Russia’s northern seas. The award for Converteam’s sophisticated automatic po
TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions. The acquisition wi
Victrex Polymer Solutions, a division of Victrex plc, the world’s leading manufacturer of high performance polyaryletherketones, and Magma Global Ltd. have signed a collaboration and exclusive material supply agreement that will enable the two companies jointly to address the increasingly harsh and
Van Oord will join forces with Canadian based CSL Group Inc. for the technical and commercial management of flexible fallpipe vessels including the MV Tertnes, the MV Nordnes and the MV Stornes. The MV Tertnes, as well as the underlying contracts for each of the three vessels, were acquired by CSL a
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured new contracts for the design and construction of a series of three Multi Role Vessels (MRV) for DOF ASA. Delivery is scheduled for the second half of 2012.
Subsea 7 S.A. announced the award of two SURF contracts with an approximate total value of $150 million from ConocoPhillips Skandinavia AS, on the Greater Ekofisk Area in the North Sea. The first contract is for the engineering, procurement, fabrication, installation and hyperbaric weld tie-in of a
IHC Hytop Winches, part of IHC Merwede, was officially launched. The new company’s workshop plays an important role in its activities because it enables it to build complex winch systems for the offshore and dredging markets. This will expand the supply of IHC Hytop Winches’ range of complex winch s
On 24 March 2011, IHC Hytop Winches, part of IHC Merwede, was officially launched. The new company’s workshop plays an important role in its activities because it enables it to build complex winch systems for the offshore and dredging markets. This will expand the supply of IHC Hytop Winches’ range
On 24 March 2011, IHC Hytop Winches, part of IHC Merwede, was officially launched. The new company’s workshop plays an important role in its activities because it enables it to build complex winch systems for the offshore and dredging markets. This will expand the supply of IHC Hytop Winches’ range
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, has signed an agreement to supply as the end user LLC Gazflot (‘Gazflot’), a subsidiary of leading Russian oil and gas company Gazprom, with its propri
Electromagnetic Geoservices ASA (EMGS) announces that a major international oil company has joined EMGS and Shell in a joint industry project (JIP) to plan and design the next-generation 3D EM system. “We are delighted that yet another customer with extensive EM experience has joined the JIP,” says
Maersk Oil has entered a collaborative 4-year research project that aims to increase oil recovery and prolong operations in the Danish North Sea by using biotechnology to create efficient, viable and environmentally safe solutions to the challenges of maturing oil and gas fields. The ‘Biotechnology
An affordable and functional solution for Mid Water Station Keeping (MWSK) has been on the wish list of most ROV operators and manufacturers for some time now; the huge benefits in terms of operational efficiency and the future potential for pre-planned automated missions has made it a case of when,
New system developed for drilling and production safety in deeper waters.The next generation of Kongsberg Maritime’s Emergency Acoustic BOP (BlowOut Preventer) Control System, the ACS500 uses the new proprietary Kongsberg Maritime ‘Cymbal’ signal processing protocol for optimal data communication at
