Subsea Digitisation

An article by WFS Technologies

Protean Firms Up Wave Energy Converter Sale

Protean has completed the term sheet agreement for the sale of the Protean Wave Energy Converter technology assets ...

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Akastor Wraps Up AKOFS Stake Sale to Mitsui and MOL

Akastor has completed the transfer of 50% of its shares in AKOFS Offshore to Mitsui and MOL (Mitsui O.S.K. Lines) ...

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GE Lines Up Baker Hughes Sale

General Electric (GE) has said it plans to fully separate and divest its equity ownership position in oilfield ...

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Faroe Wraps Up Sale of Interest in Fenja Field to Suncor

Faroe Petroleum has completed the sale of its 17.5% working interest in the Fenja development located in PL586 in ...

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Bourbon Restructuring Move Lines Up 41 Ships for Sale

French vessel owner and offshore services provider Bourbon is accelerating its transformation and announced its ...

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UUV Aquabotix Concludes First Sale in Japan

UUV Aquabotix has sold its first product in the Japanese market following the appointment of an agent in Japan. ...

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Oceanteam Finalizes Sale of KCI to IHC

Oceanteam has concluded the sale of its engineering and consultancy company KCI the Engineers B.V. to Royal IHC. ...

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Premier Sells ETS Pipeline Stake to CATS Management

Premier Oil has entered into a sale and purchase agreement to sell its entire equity interest in the Esmond ...

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Siem Ends Cable Lay Business Sale Talks with Subsea 7

Siem Offshore, a Norwegian shipping company, has terminated discussions about the potential sale of its cable lay ...

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Remøy Disposes of ‘Ocean Odyssey’

A Remøy Group subsidiary, Remøy Standby, has sold the Ocean Odyssey to a Norwegian client, Maritim Research I AS, a ...

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Plexus Sells Wellhead Exploration Business to TechnipFMC

TechnipFMC has been reached an agreement with Plexus to acquire Plexus’s Wellhead exploration equipment and ...

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Kleven in Vessel Sale

Norwegian shipbuilder Kleven has sold the vessel BN 379 to an undisclosed international player. The vessel was ...

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Solstad Farstad Completes Sale of Rem Etive to Fugro

Solstad Farstad (SOFF), a merger company of Solstad, Farstad and Deep Sea Supply (DESSC), has completed the sale ...

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Thalassa Could Dispose of WGP

Thalassa Holdings said it has received an indication of interest from an undisclosed industry participant for the ...

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EMGS in Norwegian Data Sale

Electromagnetic Geoservices (EMGS) said it has entered into various agreements with oil companies involving data ...

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Forties Pipeline Sale 'Bad for Scotland and UK', Unite Says

UK’s largest union, Unite, has called for the Scottish and Westminster parliaments to carry out urgent ...

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BP Confirms Sale of Forties Pipeline to Ineos

BP has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore ...

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Halliburton Closing In on Acquisition of Aker Solutions

The US oilfield services major Halliburton is said to be close to strike a deal to acquire Norwegian oil services ...

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ABB Wraps Up Sale of Cable Business to NKT

ABB has completed the divestment of its high-voltage cables and cable accessories businesses to NKT Cables. The ...

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Eni and BP Conclude Stake Sale in Egypt’s Zohr Field

Eni and BP have completed the sale of 10% interest in the Shorouk concession offshore Egypt, which contains the ...

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Mcdermott Grabs Ceona Amazon?

The Houston-based offshore EPCI player, McDermott, has reportedly struck a deal to acquire the pipelay and ...

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