Latest News

Aqueos Corporation, a premier provider of subsea services to the Gulf of Mexico and Pacific Coast, has announced their move into a new permanent Houston office facility located at 2930 West Sam Houston Pkwy. North, Suite 200, Houston, TX 77043.

Olis Robotics, a leader in next generation robotic autonomy solutions announced a new agreement with the Aleron Subsea, a part of the Aleron Group, a leader in ROV System design and build for sale and rental. Aleron will lead sales, distribution and support of Olis Robotics machine-learning ROV manipulator controllers.

The last five years have been one of the longest and most challenging downturns the offshore industry has ever experienced. Since the oil price drop of 2014/2015, the Offshore vessel market has been plagued by bankruptcies, consolidations, takeovers and mergers, forced fleet sales and most importantly a significant decrease in asset values.

Diamond Offshore Drilling, Inc. (NYSE: DO) ("Diamond" or "the Company") has announced that the Company and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas (the "Chapter 11 Cases").

Reach Subsea has, together with MMT, been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 450 project days. The projects involve both inspection, survey and construction support work across Europe and the Americas, for major operators in both the oil & gas and renewables sectors.

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com