Upstream news

Forum Subsea Technologies has launched the latest version of its VMAX simulator to integrate with its next generation of electric remotely operated vehicles (eROV).

Acquisition of CGG’s 9800 km long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin has been completed.

Saudi Aramco’s plans to raise US$10 billion in bonds to finance the acquisition of Saudi petrochemicals group Sabic indicates a major shift in the Kingdom of Saudi Arabia, according to Rystad Energy’s Head of Analysis Per Magnus Nysveen.

Company to share industry expertise and deliver hands-on experience to ASOIU.

“Safety has to become a culture in the company to achieve this award” according to Danny Constantinis (Executive Chairman) of the EM&I Group.

Richard Adams will oversee the company’s defence activities.

Forum Subsea Technologies has secured orders from DOF Subsea to supply three of its Ultra Compact Perry XLX-C work-class remotely operated vehicles.

HydraWell has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment services in the UK North Sea.

Well-Safe Solutions has announced that it has agreed to acquire the Ocean Guardian semi-submersible drilling unit.

The 50-50 joint venture between Clough and Wood, has announced that it has received a ConocoPhillips 2018 Supplier Recognition Award for 'Focus on Execution'.