KONGSBERG signs deal with offshore intallation groupKongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text |
Reef Subsea extends its range of activities by providing installation and trenching services
Aker Solutions buys majority stake in Benestad and Phaze Technologies
OMS recognised for innovation by Pipeline Industries Guild
Marine Well Containment Company Welcomes Statoil
Marine Well Containment Company Welcomes Apache
Siemens strengthens its position in the subsea power market
Clough AMEC announce JV with Beca New Zealand
Oceaneering to Acquire Norse Cutting & Abandonment AS
Knowledge Reservoir and Quest Offshore Resources Announce Strategic Alliance
Join our free subsea industry newsletter.
BP is today announcing proposed plans for important changes to its North Sea organisation, headquartered in Aberdeen, designed to secure a long-term future for the company's oil and gas business in the UK. Full text
The Arctic will become increasingly important, not least because of oil and gas, believes Norwegian foreign minister Johan Gahr Støre. But Norway will not be planting a flag at the North Pole. Full text
A new study published today by analysts Douglas-Westwood The World Deepwater Market Report 2008-2012 forecasts that nearly $25 billion will be spent annually in deepwater capital expenditure by 2012. Speaking at the Deep Offshore Technology International Conference 2007, Stavanger, today, John Westwood, Douglas-Westwood MD commented that “the deepwater oil & gas industry is set for continued growth through to 2012, with over 30% growth forecast for the 2008-2012 period when compared with the previous five years. Full text