The rewards are huge, however. According to the Norwegian Petroleum Directorate, conventional subsea wells extract eight percentage points less oil than regular wells. The 17 subsea fields on the ...

Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that its Offshore Projects Group (OPG) has been awarded a contract by bp Exploration (Caspian Sea) Ltd. for the provision of ...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant (1) contract by Equinor to provide riserless light well intervention (RLWI) services on the Norwegian ...

In a remarkable achievement that amplifies the exceptionality and expertise of Nigerian engineers, Mr. Olushola Odeyemi has set a new benchmark in Subsea Engineering with his groundbreaking deployment ...

TechnipFMC FTI, a leading global provider of subsea solutions, secured a contract from Equinor EQNR to deliver Riserless Light Well Intervention (RLWI) services on the Norwegian Continental Shelf.

Under this contract, Oceaneering will deploy one of its state-of-the-art deepwater RLWI systems. This system will be integrated onto a subsea construction vessel provided by BP Exploration. The RLWI ...

Aker Solutions has been awarded two contracts from Island Offshore to provide well intervention services for Statoil in the North Sea. Scope of work is to deliver downhole well intervention services ...

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--A subsidiary of TechnipFMC (NYSE and Euronext: FTI) has entered into an agreement with INPEX Operations Australia for Riserless Light Well Intervention (RLWI ...

Equinor Energy AS has let a contract to TechnipFMC to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf. Equinor Energy AS has let a contract to TechnipFMC ...

US subsea engineering group FMC Technologies has signed a three-year contract worth about $25 million with Island Offshore Management to supply a riserless light well intervention system for use by BP ...