Equinor ASA EQNR has awarded a long-term subsea inspection, maintenance and repair (IMR) contract to DeepOcean, a subsea services provider based in Norway, to support its operational activities in the ...

With the contract extension, DeepOcean will continue to provide IMR support through 2026 and into 2027, using dedicated IMR vessels and full subsea services. The agreement also co ...

Their super-major projects are in their early stages. Margins and profits are already growing, but they will grow much more when the big projects mature. The key thing to keep in mind is always that ...

Oil producers are working in ever more challenging environments as they continue to develop newer fields. Deepwater operations are becoming more common, with some oil being extracted in as a much as ...

Rystad Energy’s latest report offers an optimistic outlook for the global subsea market, projecting capital investments to surpass $42 billion by 2027. This growth is anticipated to be fueled by ...

HOUSTON, Oct. 18-- Halliburton Co., Dallas, and subsea contractor DSND Subsea ASA, Grimstad, Norway, agreed to form a joint venture that will combine their subsea interests in the upstream oil and gas ...

EnerMech Limited has invested £500,000 ($820,000) on a crane simulator for use in the Australian-Asia Pacific market. The company is also devising an exclusive program to extend the simulator's ...

The completion of a joint industry project (JIP) to improve existing standards and regulations around subsea lifting operations has resulted in a new recommended practice (RP). The recommended ...

DeepOcean was established in 1999 and is dedicated to subsea services and operations in deep waters, able to take on deep-water assignments anywhere in the world. The company is an integrated service ...

AUSTIN, Texas--(BUSINESS WIRE)--Terradepth, a pioneer that is pushing the boundaries of ocean exploration with complete ODaaS (Ocean Data as a Service) solutions and autonomous underwater vehicles ...

We've already seen digital twinning transition from onshore to offshore, so subsea is an obvious next step for its application. This piece presents the opinions of the author. It does not necessarily ...