MODEC Inc said Tuesday it is combining its wholly owned companies MODEC America Inc and SOFEC Inc to create an integrated mooring solutions business. "SOFEC will be fully integrated into the MODEC ...

A partnership of Ocean Installer and OneSubsea has been awarded a major new job related to the next development phase of the Balder area in the Norwegian North Sea. The partnership is under way with ...

Installation and production from new, higher capacity ultra-deepwater FPSOs will generate significant demand for next-generation OSVs and push up day rates The deployment of larger capacity floating ...

Ingvild Saether, the chief executive of European floating production company Altera Infrastructure, has died following a period of illness at the age of 57. The company said in a tribute on LinkedIn ...