Although Houston-based FMC Technologies fell 22% in its 3Q 2015 revenue, the company managed to book US$1 billion in subsea orders, and added US supermajor Chevron to its 20k JIP. FMC ROV. Image from FMC Twitter…
Norwegian firms have chalked up yet another subsea first on the country's continental shelf. Just weeks after Statoil brought the Aasgard subsea gas compression project online, on 17 September, Statoil has announced it has now also started…
OneSubsea has been awarded a front-end engineering and design (FEED) contract for the Greater Enfield Area Development offshore northwest Australia. The FEED study, which will be conducted by OneSubsea’s local team in Perth, will include…
UK supermajor Shell awarded OneSubsea a contract to supply subsea services for the Stones ultra deepwater development project in the Gulf of Mexico. An artist's impression of the Stones FPSO. From SBM Offshore…
The subsea sector is highly consolidated with just five players servicing the US$12billion annual requirements of the global exploration and production community. The two largest, FMC and OneSubsea, account for approximately two-thirds of the market but despite this…
OneSubsea and Subsea 7 entered into an agreement to form a non-incorporated alliance to design, develop and deliver integrated subsea development solutions for the oil and gas industry. Image from Subsea 7…
OneSubsea, a Cameron and Schlumberger company, and Chevron USA Inc. agreed to form a joint industry program (JIP) to develop subsea systems technology for 20,000-psi applications. The JIP, known as the 20Ksi Subsea System Development Program…
Aveon Offshore has successfully completed fabrication, supported testing and load-out of subsea equipment for Esso's Erha North Phase 2 project offshore Nigeria. The load out and sail away of the five suction piles, production and…
Saipem awarded Aker Solutions its first order offshore Mexico at the Pemex-operated Lakach deepwater natural gas field. Lakach map. From Pemex. Lakach, Mexico's first subsea gas development with onshore processing facilities…
BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the…
OE’s Audrey Leon spoke with Francisco Nunez, regional sales manager, Latin America, at OneSubsea, about the opening of Mexico’s oil and gas industry and what effects it will have on both OneSubsea and the industry at large. Please explain…
OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…
FMC Technologies Inc. signed a 10-year global frame agreement with BG Group to supply subsea equipment and services for BG developments worldwide. FMC mentioned the award from BG Group during its earnings call on 22 October 2014. This…
OneSubsea is to provide pump systems for the Total Moho Phase 1bis development in the deep water Moho-Bilondo license offshore Congo. The contract includes a multiphase pump station with two 3.5megawatt high-boost pumps, a power and control module…