Exclusives

Cobalt’s US Gulf Of Mexico Bankruptcy Auction Pulls In $578 Million

The largest winning bid was a $339 million joint offer by Statoil and Total for Cobalt’s 60% operated interest in the North Platte discovery.

Ocean Power Technologies, OPT, PB3, PowerBuoy, offshore technology, offshore oil and gas technology, subsea technology, Eni, AUV

A couple of companies are testing ocean wave-driven devices to power subsea equipment. Ocean Power Technologies CEO speaks about the technology.

subsea cables, subsea engineering news

Submarine cable market activity is set to grow and make the North Sea—and other regions—an even busier place in which to operate in years to come.

Overcoming the challenges of wax deposits and hydrate formation have traditionally made longer tiebacks uneconomic, but cold flow technology from Subsea 7 may change that.

Espen Alegria Ulimoen, head of technical advisory, control and safety at ABB, gave Hart Energy insight into the company’s work in subsea automation and digitization.

Deepwater International

Fugro has a new AUV (Autonomous Underwater Vehicle) to play with, after recently taking delivery of the Hugin 1000 AUV, E...

BW Offshore has sold the VLCC BW Opal...

An FPSO, export pipeline and floating liquefaction solution is on the drawing board for an ultradeepwater gas discovery in the South China Sea operated by CNOOC.

DNV GL is leading a Joint Industry Project (JIP) aimed at solving the challenges brought about by sour service fluids from wells and the demands it places on pipeline material.

Odfjell Drilling expects the deepwater rig market to remain weak over the next couple of years, due to the continued delivery of newbuild units and oil companies’ increased cost focus and capital discipline.