If necessity truly is the mother of invention, then the oil and gas industry has it down to a fine art.
TechnipFMC has marked what it described as an “exceptional start” to 2021 as subsea orders doubled from the end of last year.
Trade body Subsea UK has entered into a partnership with its counterpart in the electronics industry to unlock untapped opportunities.
It is all very well to talk about coming out the other side of crises but it’s only by investing that we will get there in better shape.
Japan's Ministry of Economy, Trade and Industry (METI) is considering proposals to lay subsea power cables to connect demand centres with offshore wind projects as part of a push to expand renewable energy projects in the country.
The potential for subsea companies to benefit from the forecasted floating offshore wind boom will be explored in a three-part webinar series starting next week.
Virtual Tech Showcase: Removal of help for oilfield services exports may not hamper growth, analyst predicts
Plans to remove support for oilfield technology and services exports wont necessarily inhibit supply chain growth, according to an industry expert.
The Asia Pacific region offers plenty of opportunities for the UK’s subsea engineering sector, both in the traditional oil and gas business, as well as the rapidly expanding renewable energy industry, reckons Subsea UK.
Plexus CEO Ben van Bilderbeek is weighing fundraising options to “extend the runway” for the business, which has been faced with years of losses but may now be on the verge of success.
A seafarers union has hit back at plans from Rever Offshore to continue an extended rota for workers which it claims is “unsafe”.
Subsea UK chief executive Neil Gordon has said “only the brave” would make predictions about the sector’s future.
A trade union boss has warned predictions that 8,000 jobs have been lost in the oil and gas sector due to the latest downturn are likely to be very conservative.
Scottish start-up Mocean Energy has raised £850,000 for a new technology to bring wave power to subsea oil and gas.
TechnipFMC enjoyed its strongest quarter of the year for new orders in the three months ended September 30, booking in $2.2 billion of new deals.
Ocean Installer has appointed industry veteran Bob Gillespie as its new UK managing director.
A subsea cable inspection has uncovered a long-lost Nazi warship, attacked by a British submarine off Norway 80 years ago.
A north-east subsea and marine industry recruitment firm is drilling into a completely different sector as part of its diversification drive.
TechnipFMC has recorded pre-tax losses of £2.4bn for the first half of 2020 thanks to heavy write-downs of its oil and gas assets.
In between the Teams and Zoom calls, which now fill our days, and the odd webinar or two, it’s becoming increasingly evident that the oil and gas industry needs to have some serious conversations about value.
Aberdeen offshore rental firm Hiretech has announced it has acquired new equipment as part of a recent six figure investment in decommissioning equipment.
New jobs are on the cards as an Aberdeenshire subsea equipment firm looks to international expansion, despite the Covid-19 pandemic.
Oceaneering has put more than 300 UK workers at risk of redundancy less than three months after opening a brand new regional headquarters in Aberdeen.
Offshore wind must mimic North Sea export ‘battles’ and ‘win them on a global stage’, Orsted boss says
Orsted’s UK boss last night called on the country’s offshore wind sector to pick export “battles” like to the North Sea oil and gas industry and “win them on a global stage”.
Scores of workers are facing redundancy at a subsea equipment firm in Aberdeenshire following a drop off in work.
An energy service ROV firm has staked its claim in Scotland with a number of executive hires across its business in Edinburgh.