Offshore & subsea

Survey of America's oil and gas industry at OTC Houston in Texas reveals ‘adoption of new technologies’ as the critical business issue in the next 18 months.

Bibby Offshore’s construction will support vessel Olympic Ares, and its diving support vessel Bibby Polaris perform subsea engineering work.

The company has shut down its RMWB operations in a controlled manner and worked with government to enhance fire protection measures in the region.

A team led by AJ Jain, Harkand North America Managing Director, has agreed to a management buyout of Harkand’s North American and African business.

Baker Hughes Inc. has announced that the international rig count for April 2016 was 946, a decrease of 39 from the 985 counted in March 2016.

A new oilfield drilling technology firm, Extreme Rock Destruction, has been announced in Texas, USA.

New applications demonstrate value to major operator.

These projects combined are a substantial brownfield award for McDermott and have a total scope, which includes the EPCI for jackets and topsides, subsea pipelines and subsea cables.

Kearl workforce levels have been reduced to essential staff only in response to the fires in the Regional Municipality of Wood Buffalo.

Wood Group has been awarded a three year contract extending its support of Shell’s eight UKCS offshore assets.

Seven new joint ventures in North America in 2016.

Recent management appointment of Cristiano Tortelli to lead the new oil and gas business area.

The acquisition of TMC will enable Bureau Veritas to enhance its offering to the marine insurance consultancy market.

In addition to performing planned 5 yr vessel maintenance, Bibby HydroMap has also upgraded a number of key systems on the 27.5m DP1 catamaran, Bibby Tethra.

The company's new water treatment technology for the offshore oil and gas market was announced at OTC 2016.