Offshore Energy

(Photo: PGS)

TGS Makes Surprise $600 Mln Offer for Part of Rival PGS

Seismic surveyor TGS, a supplier of geological data to the global oil industry, on Thursday said it had made an unsolicited cash offer of $600 million for a key part of rival PGS.If successful, the offer to buy PGS's so-called multi-client library would significantly broaden TGS's worldwide geophysical data offering, the company said.

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Offshore Wind Could Bring In $1.7B to U.S. Treasury by 2022

The United States has an opportunity to accelerate offshore wind energy growth, and benefit from 28 new gigawatts of wind power and $1.7 billion in U.S. Treasury revenue by 2022, according to a study released by the energy intelligence group Wood Mackenzie. Apart from the benefits to the Treasury, the offshore wind industry in the U.

(Image: SEA-KIT)

Fugro Orders Two SEA-KIT USVs

Dutch offshore surveying services provider Fugro has ordered two 12-meter SEA-KIT X class uncrewed surface vessels (USVs), with one bound for their Asia-Pacific region and the other for North Sea operations.Ivar de Josselin de Jong, Director Remote Inspection at Fugro, said, “This order cements Fugro’s

A Stena Drilling rig - Credit: Stena Drilling

SRO Updates Stena Drilling's Rigs with IBM’s Maximo System

Offshore drilling contractor Stena Drilling has had its asset management software system on six offshore rigs replaced.The company hired UK-based tech firm SRO Solutions which, over the course of 14 months replaced its existing asset management system with IBM’s Maximo software. Six engineers from SRO carried out the work,

Credit: JDR

Subsea Cable Specialist JDR Breaks Ground on US HQ

JDR,  a subsea cable supplier and services provider has started construction of a new US headquarters in Tomball, Texas. The building will consolidate three of JDR’s existing facilities in the region to expand its IWOCs (Intervention Work Over Control System) rental business to support current demand, JDR said.

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Webinar: Floating Production Forecasts & Analysis

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.

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Spirit Energy Orders POS-GRIP System from Plexus

Oil and gas company Spirit Energy has ordered a POS-GRIP surface production wellhead system from Plexus Holdings.The order from Spirit Energy includes Plexus' POS-GRIP 5,000psi leak-proof "HG" metal to metal sealing surface production wellhead and associated spares and equipment for a new gas well in the UK North Sea.

For illustration only - Credit: wanfahmy/AdobeStock

Petronas to Use Honeywell UOP Tech at Kasawari Gas Field

Malaysian oil and gas company Petronas Carigali will use Honeywell UOP modular natural gas processing technology at the Kasawari gas field offshore Sarawak, Malaysia.Honeywell UOP said Petronas would use its technology in the development of a 900 million standard cubic feet per day (mmscfd) offshore

Credit Colin Keldie

$10.5m Funding for CorPower Wave Energy Tech

CorPower Ocean announced the award of $10.5m in new funding for it’s wave energy tech innovation, a funding round led by Midroc New Technology, with additional investment from ALMI Invest Greentech, EIT InnoEnergy and a group of private investors.  CorPower Ocean’s Wave Energy Converters (WECs) are

Miss Emma McCall (Photo: TDI-Brooks)

TDI-Brooks' New Vessel Completes Its First Projects

TDI-Brooks’ newest vessel R/V Miss Emma McCall has recently completed its first projects for the U.S.-based marine data acquisition services company on behalf of Total and Cairn Energy offshore Mexico. TDI-Brooks has the vessel on a long-term bare-boat charter from Cameron Offshore Boats.

© sedsembak / Adobe Stock

Webinar: Floating Production Forecasts & Analysis

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.