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Offshore drilling contractor Transocean has deployed what is says is the world’s first hybrid energy storage system aboard a floating drilling unit. The system is now operational on the Transocean Spitsbergen rig, engaged in drilling operations at the Snorre field in Norway. Transocean said on Wednesday that its patented hybrid power technology, developed in partnership... Continue Reading →
Subsea 7 is pleased to announce that it has acquired 4Subsea, a leading provider of technology and services that delivers key decision support to oil & gas and offshore wind operators worldwide. 4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team. 4Subsea’s Peter Jenkins will continue in his role as... Continue Reading →
Oct 02, 2019 Weatherford has signed a contract with Petrobras to supply the oil company with 24 deepwater safety valves. Lasting four years, the deal involves equipment capable of withstanding pressures up to 10,000 psi and water depths up to 3,658 m. Operating in 80 countries, Weatherford provides solutions, technology and services to the oil... Continue Reading →
Norway’s Equinor has awarded Italy’s Saipem a subsea service contract which entails using a wireless underwater intervention drone and an ROV on the Njord field located offshore Norway. The contract will make Equinor the first user of technology expected to be completed in 2020, Equinor said on Wednesday. “This is a historic contract in the... Continue Reading →
