Subsea News

 

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…

Nexans Secures First Call-Off Under TenneT’s Offshore Wind Grid Deal

Mar 20, 2024

French subsea power cable maker Nexans and transmission system operator TenneT have signed call-off contract for the BalWin3 and LanWin4 offshore grid connection projects, which will link up North Sea offshore wind farms with German grid.The…

Sulmara to Work on Site Characterization at Scottish Floating Wind Farm

Mar 19, 2024

International subsea specialist Sulmara has secured a contract from Stromar, a joint venture between Ørsted, BlueFloat Energy and Renantis, to work on the 1 GW floating offshore wind farm in Scotland.Under the contract, Sulmara will conduct site characterization for the project using Vos Gorgeous…

OneSubsea to Supply Subsea Wellheads for Prime Energy’s Malampaya Field

Mar 19, 2024

Prime Energy has awarded of a contract to OneSubsea, a Schlumberger company, for the supply of wellheads, christmas trees (control equipment), and subsea production system for phase 4 drilling at Malampaya field, offshore Philippines.The equipment…

BIRNS High Amperage Connector Series Debuts

Mar 18, 2024

BIRNS made a big splash at Oceanology International in London last week at the company’s Power Forward event, with the celebration of the company’s 70th anniversary, and the launch of an all new high amperage subsea connector series, the 225 Amp BIRNS Meridian line…

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