Oceaneering Buys into Viper Subsea

Oceaneering’s UK subsidiary has, on August 7, completed the acquisition of a minority equity interest in Viper Subsea Technology.

Viper Subsea was established in 2007 by Neil Douglas and Max Nodder. The company designs and supplies hydraulic, chemical, and electrical subsea distribution systems and equipment, as well as offering a range of engineering consultancy services.

A portfolio of patents reflects the company’s investment in Research and Development. Of particular note is the V-LIFE system, a solution to one of subsea engineering’s most common problems, the degradation of insulation resistance in subsea cables, umbilicals and connectors.

Neil Douglas, Managing Director of Viper Subsea Technology, said: “This is an ideal opportunity to accelerate the growth and the global reach of Viper Subsea’s innovative products and services. Oceaneering is a widely respected company with a great reputation whose products and offerings complement our own and this is clearly an important strategic step for us. Our technology and capability will also provide significant pull-through for Oceaneering.”

“There will be no change in the day to day management team or management structure of Viper Subsea. We have a successful and highly experienced team in place who will continue to drive the development of Viper Subsea forward.”

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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Europort 2019

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