Reactive Downhole Tools, an independent supplier of well completion solutions to the global oil and gas industry, has announced a new wellbore clean-up (WBCU) product line, CHIMERA, which has been launched at this year’s OTC Houston.
A pioneering study of the Equatorial West African margin identifies new targets for exploration controlled by structure of the underlying basement.
Damen Shipyards Group has announced the introduction of a new model to its Fast Crew Supplier range. The FCS 2710 builds on the success of the best-selling FCS 2610, first introduced in 2011.
XL Global Group is relaunching as a global multi-discipline technology and engineering group, following a period of investment in acquisitions, new divisions, people and technology. The integrated group has been awarded over $10 million in new contracts.
Cortland, a global heavy lift and rope slings specialist, has launched a new load transfer hook, specifically designed for the oil and gas and marine markets, at OTC in Houston.
China Merchants Heavy Industry (Jiangsu) Co., Ltd (CMHI) and DNV GL signed a Letter of Intent (LoI) for the classification of two multi-activity jack-up units at the Offshore Technology Conference (OTC) in Houston on Tuesday, May 1.
Production optimization company, Enpro Subsea, has reported its busiest 18 months hitting its key strategic objectives with campaigns completed or commencing in North Sea, West Africa and Gulf of Mexico.
Blue Atlantic Industrial & Logistics Park is welcoming a ‘transformational’ dredging project which will unleash trade and export opportunities in the Port of Setubal, Portugal.
CGG's Board of Directors, meeting on April 26, 2018, elected Philippe Salle as Chairman of the Board of Directors. Sophie Zurquiyah took up her position of CEO of the Group and was appointed director by the general meeting on the same day.
Siccar Point Energy has started drilling a final appraisal well on the Cambo field, north-west of Shetland, with results expected this summer.
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) has announced that it had taken note of McDermott International, Inc. ("McDermott," NYSE: MDR) shareholders' vote in favor of a combination with CB&I (NYSE: CBI).
Osbit Ltd has delivered to Gulf Marine Services UK Ltd (GMS) the offshore industry’s first height adjustable boat landing system for a jack-up vessel.
Bureau Veritas, a global leader in testing, inspection and certification (TIC) services, has awarded Approval in Principal (AiP) to a new vessel concept design that could provide clean power and water more efficiently and cost-effectively than conventional solutions.
Xodus Group has signed a Memorandum of Understanding (MoU) with Atlantis Resources to pursue the development of a tidal energy project in Japan.
The ambition for this agreement is to secure funding and establish a commercially viable tidal energy demonstration project of three to eight turbines in the country.
International manufacturer Roxtec has supplied a package of specialist cable sealing solutions to Scotland’s largest offshore wind farm.
Oil markets are heading into the period of maximum seasonal tightness (June through September) with relatively low levels of global crude stocks. With a forecast increase of 3 MMB/D in crude runs, we see extraordinary summer tightness in oil markets.
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