McDermott and BHGE Land Myanmar Gas Field Deal
McDermott and Baker Hughes, a GE company (BHGE), have been awarded a contract by POSCO DAEWOO Corp. for phase two of the Shwe gas field development offshore Western Myanmar. The McDermott-led consortium took part in a FEED competition in 2017. The successful execution of the FEED followed by the EPCIC tender led to the award […]
Bhagwan Marine Names New Chief Operating Officer
Bhagwan Marine has appointed Peter Bengtsson as chief operating officer of the company. Peter Bengtsson, an experienced mariner and logistics professional, is due to start in his new role at Bhagwan Marine in August 2018. He will be based out of the company’s head office in Perth, Western Australia. Loui Kannikoski, founder and managing director of Bhagwan […]
Sweden Backs CorPower’s Full-Scale Wave Technology Demo
Swedish Energy Agency has co-financed the demonstration project of the CorPower’s wave energy technology and decided to invest €8.2M to commercialize the technology at full scale. “With the Energy Agency’s investment, we have a good foundation for commercializing our product,” said Patrik Möller, CEO of CorPower. CorPower will now focus on designing and demonstration of the […]
GE Lines Up Baker Hughes Sale
General Electric (GE) has said it plans to fully separate and divest its equity ownership position in oilfield services major Baker Hughes (BHGE). The plan is to fully separate its 62.5% interest in BHGE in an orderly manner over the next two to three years. The announcement comes just one year after […]
University of Exeter Deploys New Mooring Rope
University of Exeter has deployed a new type of mooring rope at the Marmok-A-5 wave energy device, developed by Oceantec, at the BiMEP test site in the Bay of Biscay, Spain. The elastomeric mooring tethers were developed and tested by renewable energy experts from the University of Exeter in the Dynamic Marine Component […]
Reach Subsea Wins Equinor Contract in Offshore Wind Sector
Equinor has, on behalf of the UK offshore wind farm operations at Dudgeon Offshore Wind and Hywind, awarded Reach Subsea a frame agreement for survey and inspection, maintenance and repair (IMR) services. The frame agreement has a firm duration of 3 years, with extension options for 2 additional years, and will be […]
Spectrum Begins Seismic Shoot in Eastern Turkish Black Sea
Spectrum Geo has started acquisition of an offshore multi-client 2D seismic survey in the Eastern Turkish Black Sea. The first phase of this campaign comprises 7,000 km of 2D data and is focused on an area identified to have significant hydrocarbon potential. The project is carried out in partnership with BGP, utilizing […]
Deep Casing Tools Hires New Manager for Middle East Region
Aberdeen-headquartered casing and completion technology business, Deep Casing Tools, has appointed a new regional manager for the Middle East division of the company. Based in the UAE, Neil Hathaway will lead the company’s growth strategy in the region. Deep Casing Tools recently secured a long-term contract with a national oil company in the Middle East […]
Saab Seaeye Delivers Falcon to Norwegian KB Dykk and AQS
KB Dykk and AQS have taken delivery of the Saab Seaeye Falcon robotic vehicle (ROV), following a merger of the two aquaculture support companies. With 23 service vessels and over 60 divers, the new enlarged grouping becomes the second biggest aquaculture support organisation in Norway, Saab noted. Ola Krylstad, managing director of KB […]