Vallourec Boosts Pipe Coating Offering with Latest Acquisition
French tubular solutions supplier Vallourec has entered into a definitive agreement to acquire Matt’s subsidiary Thermotite do Brasil, a specialized provider of thermal insulation pipe coating services for the offshore oil and gas industry.The acquisition price is $17.5 million, on a cash-free, debt-free basis, subject to customary price adjustments, including working capital.Thermotite’s facility is located within Vallourec’s existing coating services premises in Serra, Esperito Santo State in Brazil.The acquisition will support Vallourec’s strategy, reinforce its presence
Preparing for Floating Wind – Leveraging the Oil & Gas Supply Chain
mooring lines, anchors and array cables are significant. The quantity is not the only challenge for the existing installation fleet of anchor handlers and subsea vessels, but also the physical size of the components. The size of the mooring components is also generally larger than that seen in the oil and gas industry. In fact, project planning is calling for mooring chain sizes that challenge and even exceed the capabilities of the world’s largest deepwater anchor handlers. Given that today’s fleet of large anchor handlers was not designed with floating wind in mind, it is not surprising that
Oil and Gas Majors Start Next Phase of Pioneering OD OBN Project
The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry.The project, which began in 2018, involves a collaboration between industry partners including Shell Brasil Petróleo, Petrobras and SENAI CIMATEC and is supported under the Research Development and Infrastructure funding clause of the Brazilian National Agency for Petroleum, Natural Gas and Biofuels (ANP).These highly
Bardex Mooring System Takes Home Woelfel BMEA Award
Off Vessel Tensioning (OVT) BarLatch mooring system.The American Society of Mechanical Engineers (ASME) confers the prestigious award to recognize a product, device, or system that best reflects innovation in mechanical engineering to solve problems, improve design, or maximize performance in the oil and gas industry.Although the Woelfel BMEA award recognizes mechanical engineering innovations that serve the oil and gas industry, Bardex’s OVT method is also applicable to the offshore wind industryThe Bardex technology was selected from among five finalists at the Offshore Technology Conference this
Over 150 Specialist Subsea Jobs Up for Grabs at Rovco and Vaarst
, which spans wind farm planning surveys, seabed mapping, and UXO (unexploded ordnance) surveys.Rovco said it will be recruiting across several areas, including survey, engineering, data processing, and project management. Many of the skills required are directly transferrable from the offshore oil and gas industry, the company noted.As for Vaarst, the new roles will be offered in areas such as machine learning, computer vision autonomy, data, AI, and robotics software engineering, and will involve innovation in the green subsea industry and accelerating the energy transition.“Technology will be
Conroy Joins Connector Subsea Solutions
in driving revenue growth and fostering client relationships, Martyn brings a wealth of expertise to the company," the Norwegian headquartered company said in a statement. "Martyn joins us with a proven track record of building high-performing, sales-driven teams within the subsea oil and gas industry."Conroy has held a number of leadership positions at subsea technology companies and was most recently managing director at Deepsea Technologies.Connector Subsea Solutions supplies products and solutions to deliver offshore connections for the energy industry
Equinor Hires DeepOcean for Subsea Infrastructure and Cable Repairs
coming years,” says Olaf A. Hansen, managing director of DeepOcean’s European operation.Renewable Energy and Oil & GasFor work on offshore renewable energy fields, the agreement covers planned, or unplanned marine services related to subsea high voltage cables.As for the offshore oil and gas industry, the frame agreement entails planned or unplanned marine services using remote operated intervention methods with or without the use of PRS equipment.Under the agreement, DeepOcean may also be asked to undertake various engineering or preparedness studies as requested by Equinor or PRSI pool
Verlume and SeaTwirl Ink MoU
UK-based offshore intelligent energy management and energy storage specialist firm Verlume reports it has signed a memorandum of understanding (MOU with Swedish energy-tech company SeaTwirl to collaborate around electrification of offshore assets and decarbonization of the oil and gas industry.The partners say they will aim to identify and pursue potential opportunities to work together on the decarbonization of offshore oil and gas and other associated offshore electrification opportunities, using renewable power and seabed based energy storage and intelligent energy management. The target is to
Oceaneering and GDi Team Up for Oil and Gas Digital Asset Management
allows remote assessment of external conditions, eliminating the necessity for frequent on-site physical inspections.By leveraging this remote assessment method, Oceaneering aims to optimize personnel presence on-site, leading to cost savings and enhanced operational efficiency.“The oil and gas industry faces a significant challenge with growing inspection backlogs and limited resources to keep up with the demand. We are pleased to collaborate with GDi to introduce a new operational model aimed at reducing these backlogs.“GDi’s offerings complement our existing Inform software
