Offshore Pipelines News


Long-term Contracts with Petrobras for Subsea 7 PLSV Trio

Oct 19, 2021

Subsea 7 has announced a very large award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun.The offshore installation services firm said Tuesday that the contracts were worth between $500 million and $750 million in total…

First Line of Nord Stream 2 Pipeline Filled with Technical Gas

Oct 18, 2021

The operator of the Russia-led Nord Stream 2 gas pipeline on the bed of the Baltic Sea said the first of the project's two lines has been filled with so-called technical gas, while still awaiting clearance to start sales to Europe.The pipeline…

Germany's Nord Stream 2 Gatekeeper: The Long Road Until Gas Flows

Oct 15, 2021

The Nord Stream 2 pipeline is completed and ready to pump Russian gas to Europe, but nothing is flowing yet because it is still awaiting clearance from Germany's energy regulator.Europe's most controversial energy project, which is led by Russian gas giant Gazprom…

Subsea 7, Schlumberger Secure Work on Turkey's Giant Offshore Gas Find

Oct 15, 2021

Subsea 7 has confirmed the award of a major contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. Subsea 7 defines a major contract as being one where Subsea 7’s share of revenue is over USD 750 million…

TechnipFMC Acquires Remaining Stake in Composite Pipe Maker Magma Global

Oct 14, 2021

Energy industry services firm TechnipFMC has completed the acquisition of the remaining stake of Magma Global, a provider of composite pipe technology.TechnipFMC originally acquired an interest in Magma in 2018, combining its flexible pipe technology…

Putin: Russia Not Using Gas as a Weapon

Oct 13, 2021

President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the region's bloc called an emergency summit to tackle skyrocketing prices.Energy demand has surged as economies have rebounded from the pandemic…

Gazprom Supplying Gas to Europe at Maximum Levels, Kremlin Says

Oct 13, 2021

The Kremlin said on Wednesday that Russian gas giant Gazprom was supplying gas to Europe at maximum levels under existing contracts and any increase would need to be negotiated with the company.'Nothing can be delivered beyond the contracts…

Petrobras Takes TechnipFMC's Pipelay Support Vessel on Long-term Charter

Oct 12, 2021

Oilfield services company TechnipFMC has secured a long-term charter and services contract with Petrobras in Brazil for the pipelay support vessel Coral do Atlântico.TechniFMC said the contract was a “substantial” one, meaning it has a value between $250 million and $500 million…

DOF, OFG Team Up to Offer AUV Services to Offshore Industry

Oct 11, 2021

Offshore vessel owner DOF Subsea has entered a partnership deal with offshore survey firm Ocean Floor Geophysics Inc. (OFG) to offer Autonomous Underwater Vehicle (AUV) services to the international offshore industry.'The partnership will effectively…

Southern California: Beaches to Reopen After Offshore Oil Spill

Oct 11, 2021

Beaches in a southern California city that were shut because of an oil spill last week are set to reopen on Monday morning, authorities said in a statement.City and state beaches of Huntington Beach city will reopen as water quality testing…

Gazprom's Nord Stream 2 Can Challenge EU Rules, Court Adviser Says

Oct 06, 2021

Gazprom's Swiss unit can challenge an EU gas rule that requires gas producers to be separate companies from those that control the pipeline, an adviser to the EU's top court said on Wednesday.Russia's Gazprom owns operator Nord Stream 2 and…

Petrobras Restarts Production from Manati Offshore Field after Leak

Oct 06, 2021

Brazilian oil company Petrobras has restarted production from the Manati offshore gas field in Brazil, after closure in September due to a leak in the onshore part of the export pipeline.Production from the field located in the Camamu Basin…

Pipeline from California Offshore Oil Spill was Moved 32 Meters Along Sea Floor

Oct 06, 2021

A section of the oil pipeline that burst off the Southern California coast was displaced 105 feet (32 meters) across the ocean floor, officials said on Tuesday, fueling speculation that a ship's anchor may have caused the environmental disaster…

TIMELINE- Nord Stream 2: Gazprom's Legal Battle to Boost Gas Supplies to Germany

Oct 05, 2021

Russia's Gazprom said on Tuesday it has appealed a court decision that confirmed the Nord Stream 2 gas pipeline will be subject to European Union rules that require the owners of pipelines be different from the gas suppliers.Gazprom says the rules…

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