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DeepOcean announced that Øyvind Mikaelsen will take over as the company’s CEO effective 2 May. Mikaelsen most recently worked as executive vice president at Subsea 7 and has 30 years of experience in the global subsea business holding various senior executive roles. He began his career in energy with Kvaerner Rosenberg in 1988 before moving on to Norske Shell. He join…

Brodie's line of combination air eliminator/strainers are designed to provide separation, elimination, and prevention of air in piping systems for a variety of installations. Air eliminators decrease the velocity of the flowing stream and bring the liquid to a state of relative calm so that air bubbles or vapor will rise. As air and vapor collect in the top of the ves…

Stress Engineering Services’ NeoSight is a standalone integrity management system that automates the link between data and models, enabling a continuous evaluation of the system of interest. NeoSight supports tieback and expansion projects, real-time data retrieval, life extension efforts, and regulatory compliance. It also reduces non-productive time as well as inspe…

Wells often end up producing oil and gas far longer than expected. But that often requires the operator to commit to building and maintaining facilities for the long haul.

McDermott’s board of directors rejected an acquisition offer from Subsea 7, which called for McDermott to abandon its planned $6-billion combination with CB&I. McDermott’s special meeting of stockholders, which was scheduled earlier to address the CB&I deal, will be held on 2 May.

Climate change has brought the oil industry face-to-face with the enormous challenge of providing the world with a source of efficient and reliable energy while at the same time ensuring that CO2 emissions are mitigated.

Scheduled for 2020 startups, the Alligin and Vorlich Fields are expected to produce 30,000 gross BOE/D.

The Trump administration will begin the environmental review process for oil and gas drilling on a section of the Arctic National Wildlife Refuge, a region in northern Alaska rich in crude but prized by conservationists.

The joint venture will include work on P&A, towage of floating units, and removal of subsea infrastructure, with the ultimate goal of providing the full end-to-end process for decommissioning.

Oil prices have recovered somewhat and operators are making money again. So why haven’t the service companies been invited to the party?

Advanced AUVs with early-stage technologies for live streaming, ultrasonic testing, and 3D laser scanning are set to enter inspection trials on North Sea facilities. The aim is to reduce facilities inspection costs by 50%.

Pipetech has launched a new active caisson management service following a number of recent projects with North Sea operators. The service aims to drive cost efficiencies while maintaining asset integrity throughout the life cycle of the caisson. It involves a single-sourced, full range of services including inspection, cleaning, coating, and planned and programmed mai…