In its efforts to minimize the widening oil spill in the Gulf of Mexico, BP is deploying a large structure -- essentially a giant concrete funnel -- to capture leaking oil. Here's how it works. Called ...
Two related technologies make the subsea portion of the Perdido project viable: the subsea boosting system, and a surface blowout preventer for drilling and completing the direct vertical access ...
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE: BHGE) announces the launch of its new approach to subsea development: Subsea Connect, including its Aptara™ TOTEX-lite subsea ...
Subsea cable manufacturing firm Xtera has been acquired by a pair of Italian companies. Late December saw a joint venture ...
Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of ...
ABB’s pioneering subsea power distribution and conversion technology system is commercially viable, bringing groundbreaking potential for cleaner, safer and more sustainable offshore oil and gas ...
The oil industry has steadily moved deeper and deeper offshore to tap oil reserves in harder to reach places. This trend is a function of depleting reserves of easy oil, but it is only possible ...
Offshore oil services firm Subsea 7 has announced the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a ...
LONDON--(BUSINESS WIRE)--The subsea production systems market is poised to grow by USD 1 bn during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. Worried about the impact of ...
Nextgen Group and Alcatel-Lucent Submarine Networks have announced activating the $139 million North West Cable System (NWCS), a 2,100km fibre-optic submarine cable between Darwin and Port Hedland.
Autonomous underwater vehicle (AUV) developer Vatn Systems on Wednesday said it has acquired Crewless Marine in a deal that ...
The Indigo subsea telecommunications cable will land in NextDC's Perth and Sydney datacentres, the companies have announced. The cable will connect to NextDC's 6MW P1 and 16MW S1 datacentres, as well ...
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