AMEC, the international engineering and project management company, has formed a joint venture with Samsung Heavy Industries and Samsung Engineering to carry out the design engineering for fixed and floating offshore platforms, FPSOs and subsea pipelines for Samsung’s future offshore oil and gas projects. The joint venture, which is subject to final regulatory approvals, has [...]
VNPT and Viettel announce co-operation with Facebook and other Asian telecommunication providers to invest in Asia Submarine-cable Express (ASE), which will run from Malaysia to the Republic of Korea. China Mobile, China Telecom, China Unicom (China), Chunghwa Telecom (Taiwan), KT and LG (the RoK), NTT (Japan), StarHub (Singapore), Time dotcom (Malaysia), and PLDT (the Philippines) [...]
August 16, 2012 | Posted in
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Ocean Riser Systems (ORS) has joined forces with Enhanced Drilling Solutions (EDS), a division of AGR Group (AGR), to form AGR EDS-ORS. The announcement was made on the Oslo Stock Exchange this morning that AGR has signed an agreement to purchase 100% of the shares in ORS, which has ‘developed technology and Intellectual property complementary [...]
Recently at Oceanology International, Sonardyne International Ltd (Stand G300) announced the creation of a new joint venture company with the Woods Hole Oceanographic Institution. The spinout company, called Lumasys, is to launch the first commercially available subsea optical communication system, BlueComm. The two organisations are working in collaboration to bring BlueComm to market. This unique [...]
March 20, 2012 | Posted in
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MacArtney Underwater Technology Group, a world leader in underwater services and support, has announced that it has expanded its North American operations. MacArtney Offshore and M.J. Stewart Associates have joined forces as MacArtney Inc. MacArtney Inc. has assumed responsibility for SubConn® sales in North America and augmented the sales organisation with additional products and expanded [...]
March 14, 2012 | Posted in
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Deep Down, Inc. and Bornemann Pumps, Inc. announced the formation of a strategic alliance to provide high-quality subsea pumping packages and services to the Gulf of Mexico subsea oil and gas industry. As part of the alliance, Deep Down will manage the overall project management, subsea engineering, local support functions and fabrication of the subsea [...]
March 5, 2012 | Posted in
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Major oil and gas companies have formed a dedicated cluster group to collaborate on identifying common technology challenges and potential solutions pertinent to the industry in Australia. Established by global technology facilitator, ITF, nine operators and international service companies including Chevron, ConocoPhillips, Shell, Total, Woodside, GE Oil & Gas and Siemens have joined the Perth [...]
February 17, 2012 | Posted in
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As oil and gas developments go deeper, the risk related to lifting operations is increasing. “Existing standards and regulations don’t sufficiently meet this challenge and this is why DNV now has initiated a joint industry project to ensure a unified safety approach. Fourteen key international offshore players have joined the project,” says Robert A. Oftedal, [...]
February 7, 2012 | Posted in
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PanGeo Subsea Inc. (PanGeo) and Global Geophysical Services Inc, two leading geophysical service and technology providers, announced that they have entered into an agreement for the development and commercialization of the Acoustic Zoom® product line. Acoustic Zoom® uses steered beams of acoustic energy to produce 3D seismic images of the subsurface with higher definition than [...]
January 31, 2012 | Posted in
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Western Process Controls have been one of Western Australia’s premier valve suppliers for the past 27 years, primarily in the Topside and Downstream market segments. With the advancements in subsea technology, making more subsea production processes possible and significant subsea projects in WA has led Western Process Controls to partner with ATV (Advanced Technology [...]
January 27, 2012 | Posted in
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