Oilfield services firm TechnipFMC has said it won a 'significant' integrated engineering, procurement, construction, and installation contract from BP in Angola. For Technip - 'significant' contract is between $75 million and $250 million.Under the contract…
The last 12 months has seen a long-envisioned concept in field resident subsea finally make it mainstream. The idea now features in talks by chief technology officers at major industry events, instead of just being the focus of a smaller subsea side events…
In November 2019 ABB announced the commercial availability of its new subsea power distribution and conversion technology system. Jointly developed with Equinor, Chevron and Total, the tech aims to see the majority of the world’s offshore hydrocarbon…
The template and manifold for the Neptune-Energy-operated Fenja project are currently undergoing factory acceptance testing (FAT) and system integration testing (SIT) in Eydehavn, Norway, as the subsea development ramps up toward planned first oil in 2021…
Operators continue to look for fast returns via subsea tiebacks while vendors look for technical solutions to help unlock more fields for less.A tide is starting to turn on the subsea industry, not least thanks to subsea tiebacks. It’s a theme that’s been underlying the last four years…
Subsea power distribution set to move oil and gas production facilities on the seafloorSubsea power distribution down to 3,000 meters depth will soon be a reality. This summer, a full-scale prototype will be running a 3,000-hour test. After that…
The huge changes made in the industry since the downturn in 2014, through to the challenges that lay ahead and some of the solutions that could help solve them, were set out by a top tier line up ranging from oil major heads of macroeconomics…
...but not without a few global challengesAhead of this year’s Underwater Technology Conference (UTC) in Bergen, Elaine Maslin spoke with key members of the program committee to hear their thoughts on the state of the nation.From its humble beginnings in the offshore oil and gas industry…
It’s been long thought the “subsea factory” could reduce capex costs, but many topsides pieces of equipment must first be marinized to make that vision a reality. Oceaneering’s Subsea Pumping Technology (SPT), which recently won OTC's Spotlight on New Technology Award…
As exploration and production (E&P) activity in the offshore oil and gas industry gradually accelerates, the global subsea sector is set to face supply chain challenges, predicts controls technology company Proserv.Industry consultants have…
Subsea asset integrity is a growing challenge on the UK Continental Shelf and elsewhere, with each basin having its unique set of often complex demands. This applies to traditional oil and gas plant as well as the new generation of renewable energy structures…
UK subsea industry body Subsea UK is working with Scottish Enterprise to promote research and development projects between Japan and Scotland, aimed at solving complex subsea challenges, particularly through use of digital technologies. The…
Italian oil major Eni Norge has joined Siemens' Subsea Power Grid joint industry program (JIP). Siemens Subsea is developing a complete subsea power network with a group of partners, led by Chevron and including Statoil, ExxonMobil and Petrobras…
Diamond Offshore is championing a new Floating Factory concept meant to meet future deepwater challenges, but drumming up support during the downturn may be tough. Karen Boman reports. Photo from iStock…
The Research Council of Norway has awarded ABB a US$1.16 million (NOK10 million) research grant to develop subsea technology for use on the Norwegian continental shelf and the Barents Sea. This is the third award for ABB as part of the Council’s DEMO2000 initiative…