Oceaneering Acquires Blue Ocean Technologies for $30 Million

Houston-based Oceaneering International on Oct. 17 said that it has acquired the assets of privately owned Blue Ocean Technologies, LLC. The purchase price of $30 million includes three riserless light well intervention (RWLI) systems. Only one system is functional at this time, but the two systems under construction are expected…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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