Rising oil and gas demand and supply disruption caused by the war in Ukraine could spur increased relatively high-capex deepwater and ultradeepwater projects reliant on subsea systems, according to GlobalData.
Dril-Quip achieved revenue of $94 million in second-quarter 2022, up $10.8 million from the first quarter, and driven by improved subsea equipment and downhole products and services results.
A Rystad Energy analyst will provide projections for capital expenditures by offshore oil and gas companies in the near term, with a particular focus on the drilling, EPC and subsea construction markets.
Yinson has entered into an agreement with bp Exploration (Angola) Ltd., as the operator of Block 31, for the reservation of the Nganhurra FPSO for use in bp’s proposed 10-well subsea PAJ fields off Angola.
Oceaneering International's Subsea Robotics segment has been awarded a multi-year service contract supporting Petrobras projects off the coast of Brazil.
C-Kore Systems recently completed a campaign on a North Sea subsea oil field, in which C-Kore tools were used to test the electrical integrity of the subsea assets, giving quick feedback to the operator for their maintenance decisions.
James Fisher and Abu Dhabi’s NMDC Group have signed an MoU to collaborate on key projects and opportunities in the oil and gas sector as well as the decommissioning and offshore wind industries.
Two Conferences. One Location. Attendees can expect to learn and discuss the real-life issues and solutions relevant to deepwater operations and topsides, platforms and hulls. Nov. 8-10, 2022.
Woodside Energy has issued updates on its global offshore projects, including operations that came with its recent acquisition of BHP’s hydrocarbon activities.
Reach Subsea has entered into an agreement with Volstad Maritime for use of the Deep Cygnus subsea vessel for four years, with an option to extend for one year.
The Deepsea Yantai semisubmersible has drilled all four development wells for the Neptune Energy-operated Fenja oil and gas field in the Norwegian Sea.
Aker Solutions is progressing construction for various major offshore projects in Norway and Australia, according to the company’s latest results statement.
