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 ...

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 ...

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 ...

Island Offshore, a global Light Well Intervention (LWI) specialist, has been selected by Premier Oil U.K. Ltd. to undertake a new LWI service contract on the U.K. Continental Shelf. The win ...

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 ...

Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation.

Oceaneering International, Inc. OII, a global leader in offshore engineering and applied technology, has been awarded a significant contract by BP Exploration (Caspian Sea) Ltd, a subsidiary of the ...

CHICAGO, July 10, 2020 /PRNewswire/ -- According to the new market research report "Well Intervention Market by Service (Logging & Bottomhole Survey, Tubing/Packer Failure & Repair, Stimulation, ...

Statoil has signed a Nkr100 million ($99.68 million) extension contract for light well intervention work with ship operator Island Offshore and subsea alliance partners FMC Technologies and Aker ...

Pune, Oct. 19, 2020 (GLOBE NEWSWIRE) -- The global well intervention market is set to gain traction from the increasing demand for energy and the rising investments in the subsea oil & gas industry.