Subsea News

 

More GoM Work for Magseis Fairfield

Feb 12, 2021

Oslo-listed Magseis Fairfield on Friday said it had won a deep-water 4D Ocean Bottom Node (OBN) monitor survey contract in the US Gulf of Mexico with a repeat customer.The survey will be conducted with Magseis Fairfield’s ZXPLR technology, currently in use for ongoing projects in the same region…

Offshore Services Firm OceanPact Completes $227 Million IPO

Feb 10, 2021

Brazil maritime services provider OceanPact Servicos Maritimos has concluded a 1.22 billion reais ($226.51 million) initial public offering, according to a securities filing on Wednesday.OceanPact priced the offer at 11.15 reais per share, at the bottom limit of the indicative range of up to 13…

Subsea Equipment Rental Firm Opens Facility in Norway

Feb 10, 2021

GoSubsea, a newly established subsea equipment and service company has launched its Norway-based facility, targeting Scandinavian clients across the oil and gas, renewables, aquaculture, and educational research industries.According to the company's statement released Wednesday…

Magseis Fairfield in Deepwater Survey Gig, Offshore Angola

Feb 10, 2021

Oslo-listed seismic services company Magseis Fairfield has said it has won a seismic survey contract offshore Angola.The contract, with an unnamed 'major international energy company' is for a deep-water Ocean Bottom Node baseline survey (3D)…

Sapura Energy Nets E&C and Drilling Deals Worth $457M

Feb 10, 2021

Sapura Energy, a Malaysian integrated oil and gas services and solutions provider, said Wednesday its Engineering and Construction (E&C) and Drilling divisions have recently secured contracts with a combined value of about RM1.85 billion (around USD 457 million)…

Taggart Development: LLOG Gets Access to Eni's Gulf of Mexico Infrastructure

Feb 10, 2021

U.S. Gulf of Mexico focused oil firm LLOG Exploration Offshore, and the Italian oil company Eni have signed an infrastructure agreement in the deepwater Gulf of Mexico, that will help LLOG develop its Taggart discovery.The agreement provides…

No Need for Mothership: Kongsberg Launches HUGIN Endurance AUV

Feb 04, 2021

Norway's Kongsberg Maritime has announced the next generation of its HUGIN Autonomous Underwater Vehicle (AUV) that can carry out long missions without a mothership.Named HUGIN Endurance, Kongsberg Maritime says its new AUV boosts operational duration to approximately 15 days…

Vallourec Reaches Financial Restructuring Deal with Creditors

Feb 03, 2021

French steel pipemaker Vallourec said on Wednesday it has reached an agreement in principle on financial restructuring with its main creditors.It has filed a request with the commercial court of Nanterre, in greater Paris, for the opening of safeguard proceedings…

Strohm to Deliver TCP Jumpers for Deepwater Project in Malaysia

Feb 02, 2021

Strohm, a company that manufactures Thermoplastic Composite Pipe (TCP), has secured a contract to deliver two gas lift jumpers for an offshore project in deepwater Sabah, Malaysia.'This is the second time the firm’s technology has become a permanent application in the region…

E&P Major Hires Magseis Fairfield for 4D Survey Off Norway

Feb 01, 2021

Marine seismic player Magseis Fairfield has been awarded a 4D Ocean Bottom Node monitor survey in the Norwegian North Sea.The Oslo-listed contractor did not say who the client was, apart from saying it was a 'a major E&P company.'The survey…

C-Innovation Clinches One-year Extension with BP for RLWI in Gulf of Mexico

Feb 01, 2021

C-Innovation, LLC (C-I), an affiliate of U.S. offshore vessel operator  Edison Chouest Offshore, has secured a one-year contract extension with BP for Riserless Light Well Intervention (RLWI) in the Gulf of Mexico.The Island Venture vessel and…

Tekmar to Protect Subsea Cables at Neart na Gaoithe Offshore Wind Farm

Jan 28, 2021

Prysmian, one of Europe's largest power cable manufacturers, has hired Tekmar Energy to provide a cable protection system to be deployed at the Neart na Gaoithe (NnG) offshore wind farm in the UK.The 450MW NnG project, jointly owned by EDF Renewables and ESB…

Subsea 7, Aibel Clinch Northern Lights Contracts

Jan 28, 2021

Norwegian oil and gas firm Equinor has awarded contracts to Subsea 7 and Aibel in support of the realization of the Northern Lights carbon capture project in Norway.The Northern Lights project is part of the Norwegian full-scale carbon capture and storage (CCS) project “Langskip” (Longship)…

Nexans Charters Havila Phoenix Vessel

Jan 21, 2021

Norwegian offshore vessel operator Havila Shipping has won a charter deal with offshore cable provider Nexans for its Havila Phoenix subsea construction vessel.The contract with Nexans Norway is for a firm period of 90 days with optional periods of 90 days and is expected to start during April 2021…

JDR to Deliver Subsea Umbilical for Malaysian Offshore Project

Jan 21, 2021

Subsea umbilical supplier JDR has won a contract with UMD Energy to deliver a 2.7km long subsea production umbilical for the Ledang Redevelopment Segment 2 project, offshore Malaysia.The umbilical will provide the connection from the unmanned remote platform to the subsea production control system…

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