Subsea News

 

AGR Secures Frame Agreement with Petoro for Oil and Gas Work

Apr 02, 2024

Norwegian state-owned company Petoro has awarded a frame agreement to AGR for the provision of independent consultancy and third-party verification studies within subsurface, drilling and wells and field development.Petoro is a state-owned limited…

Chuditch-2 Appraisal Well Surveys in Full Swing Offshore Timor-Leste

Mar 29, 2024

SundaGas Banda Unipessoal, a subsidiary of UK-based oil and gas company Baron Oil, has completed geophysical site surveys at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste, and is planning to start a new one next month…

Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services

Mar 28, 2024

Ocean Infinity signed a global framework agreement (GFA) with Shell to provide its robotic fleet for servicing the offshore energy sector.The GFA marks a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services…

Equinor Sets Up Union Partnership for New York’s First Offshore Wind Hub

Mar 28, 2024

Empire Wind and the Building & Construction Trades Council of Greater New York and Vicinity (BCTC) have signed a Project Labor Agreement (PLA) for the construction of the South Brooklyn Marine Terminal (SBMT).The revitalized SBMT will play a…

Acteon Acquired by Private Equity Investors with New CEO in Charge

Mar 27, 2024

Acteon Group, the international offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP).Buckthorn and OEP are making a substantial investment in the business…

GEG Wraps Up Subsea7 Fabrication Scope for Aker BP’s Valhall PWP - Fenris Field

Mar 27, 2024

Global Energy Group (GEG) has completed the fabrication of two towheads at the Port of Nigg on behalf of Subsea7, for the Aker BP Valhall PWP - Fenris field in the southern North Sea.The two towheads come complete with equipment interface support frames and buoyancy tank interface frames…

PTTEP Hires McDermott for Gas Job Offshore Malaysia

Mar 27, 2024

McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…

Equinor Contracts Ocean Installer for Gas Field Work Offshore Norway

Mar 27, 2024

Ocean Installer has secured a new Subsea Line Modification (SLM) project award from Equinor on Åsgard A floating storage and offloading vessel (FPSO), located in the central part of the Norwegian Sea.The scope of work on Åsgard A covers recovery of two risers…

Enshore Subsea Welcomes Back World’s Most Powerful Subsea Trencher

Mar 26, 2024

Enshore Subsea has taken delivery of the 170 tonnes, 2200kW, T3200 subsea trencher, which is currently undergoing complete refurbishment at the firm's Blyth workshop ahead of planned series of projects.The T3200, built in 2009 for Enshore Subsea’s original parent company DeepOcean…

Argeo Inks Pact with CSI for Second HUGIN Superior AUV

Mar 22, 2024

Argeo Subsea, CSI Nordics and Kongsberg Discovery signed a three-party Certificate of Delivery and Acceptance for a new HUGIN Superior AUV. The agreement supports Argeo’s fleet expansion plans, as it aims to build the world’s most advanced AUV fleet…

Rem Offshore Places Order for Next-Gen Subsea Construction Vessel

Mar 21, 2024

Norway-based offshore vessel owner Rem Offshore and shipbuilder Myklebust Verft have signed a contract for the construction of an Energy Subsea Construction Vessel (ESCV) with a 250-tonne crane.The vessel will be delivered in 2026 and will be…

Optime Subsea to Deliver Two ROCS for Deepest Gas Field Offshore Norway

Mar 21, 2024

Optime Subsea has been contracted by Equinor to deliver two Remotely Operated Control Systems (ROCS) for use at the operator’s Irpa field development in the Norwegian Sea.Optime Subsea will manufacture the two ROCS systems at the company’s headquarter in Notodden…

Oceaneering and GDi Team Up for Oil and Gas Digital Asset Management

Mar 21, 2024

Oceaneering International has signed a strategic collaboration agreement with Global Design Innovation (GDi) to deliver digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation. The…

NOV Acquires MAATS Tech's Carousel and Cable-Lay Systems IP

Mar 20, 2024

Houston-based energy solutions provider NOV has acquired the intellectual property (IP) rights of MAATS Tech, a defunct business providing turnkey ship-based carousel and cable-lay systems.In 2023, NOV formed a new Cable Lay team based in Stonehouse…

Reach Subsea Extends Olympic Taurus Charter and Orders Two ROVs

Mar 20, 2024

Norwegian company Reach Subsea has extended the charter for the Olympic Taurus subsea vessel and ordered two new Constructor-type remotely operated vehicles (ROVs) from Kystdesign.Back in February, Reach Subsea announced a 100-day project charter for the subsea vessel Olympic Taurus…

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