Shearwater scores offshore South Africa

Norwegian seismic exploration company Shearwater GeoServices has secured a contract to carry out a “major” 3D seismic exploration survey offshore South Africa. The survey will be acquired by the Amazon Warrier and will cover more than 6,000 sqkm of 3D seismic data. The project is planned to last for approximately four months. According to Shearwater, the Amazon class... Continue Reading →

Esgian: Seadrill’s Fleet Value Plunges

(OE/Hans Jacob Bassoe ) Earlier this year, Seadrill filed for chapter 11 for the second time since 2017 and on Monday it announced that more than 88% of the secured lenders accepted the reorganization plan. At the end of October, Seadrill’s plan will be delivered to the court and, if confirmed, it could exit chapter 11... Continue Reading →

TechnipFMC targets composite pipe tech with Magma Global buy

TechnipFMC has completed the acquisition of outstanding shares of Magma Global with an aim to accelerate the development of composite pipe technologies for conventional energy and CO2 applications. TechnipFMC originally acquired an interest in Magma in 2018, combining its experience in flexible pipe technology with Magma’s composite capabilities to develop a disruptive composite pipe solution... Continue Reading →

Aker Solutions, DeepOcean, and Solstad Offshore in Offshore Wind Services Pact

Offshore energy industry service providers Aker Solutions, DeepOcean, and Solstad Offshore have formed Windstaller Alliance, focused on offshore wind services. "The new partnership aims to provide the world’s most cost-efficient and complete product supply, fabrication, and marine services offering within offshore wind. The alliance will also pursue other offshore renewables segments," the companies said Thursday.The... Continue Reading →

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