Although MTL has a robust oil and gas heritage, with formidable experience in the global energy marketplace, it also invests heavily in R&D and undertake rigorous testing and research from its base in Kintore, Aberdeenshire. MTL recognizes…
A new autonomous underwater vehicle (AUV) system rolled out today by Norwegian-based Kongsberg Maritime offers significantly enhanced data, positioning and endurance capabilities.The new HUGIN SUPERIOR AUV system builds upon the existing HUGIN…
Specialized offshore services provider Petrus Group was founded in Macaé, on the North Coast of Rio de Janeiro, the acknowledged oil capital of Brazil in 2009, during the oil boom caused by the early pre-salt discoveries. The company has since grown steadily in Brazil…
Subsea Innovation, the supplier engineered equipment and technology used in the installation of subsea equipment for the offshore oil and gas, has announced two high profile contract wins with Royal IHC, as part of a collaborative framework agreement…
Bergen-based Vestdavit said has secured a contract to equip the Nexans flag ship cable layer Nexans Aurora with its MissionEase multi-boat handling system for mission bays.The cable laying vessel (CLV) has been designed by Skipsteknisk in Ålesund…
UK-based oil products company Ineos Oil and Gas UK has completed a project to re-route production from its Clipper South field via the Shell operated Clipper field into the Bacton processing terminal.According to a company release, the USD 80…
Dutch offshore construction and engineering company Heerema Fabrication Group (HFG) intends to divest a significant part of its activities in the field of design and fabrication of complex steel constructions for the offshore market.HFG has…
Global heavy lift and transportation specialist ALE has expanded its heavy lifting services by establishing a non-disclosure agreement with the Port of Dundee, which is owned by Forth Ports, and lifting, jacking and storage specialist OM Heavy Lift to provide the full service of port operations…
VesselsValue's Head of ƶijϻ Charlie Hockless weighs in on the merger between Tidewater and GulfMark.'The consolidation between GulfMark and Tidewater is a positive for the market. With Tidewater’s steadfast and unyielding attitude towards the scrapping of non-performing vessels…
UK-based international oil and gas exploration and production company Energean Oil & Gas said that it is on track to achieve first gas from the Karish-Tanin project off the coast of Israel in the first quarter of 2021.The company with operations offshore Israel…
Norway's Bergen Group has appointed Nils Hoff as its new CEO and Morten Riiser as CFO, effective Thursday.Hoff succeeds Torgeir Nærø, who has resigned as CEO to pursue other opportunities. The outgoing cheif executive will take on an advisory position until the end of Q1 2019…
Independent provider of subsea equipment rental, sales and services to the offshore industry Ashtead Technology Limited announced Wednesday that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider…
Remote robotics software developer Olis Robotics announed it has hired of Dr. Blaine Levedahl to lead the company's U.S. Government programs.Don Pickering, CEO of Olis Robotics, said, “Dr. Levedahl’s depth of knowledge and experience leading…
Tymor Marine of Aberdeen has been tapped to deliver a vessel mid-life extension survey for the Irish Naval Service.Tymor will survey the Irish Navy’s P50 class vessels to assess the condition of their structure, systems, equipment and machinery…
Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross ƶijϻ Well Management AS…