Subsea Storage News


Thistle Platform Evacuted

Oct 24, 2019

The Thistle platform in the UK North Sea has been shut down and all 115 workers have been evacuated following an inspection relating to a support element on a redundant subsea storage tank.EnQuest said it evacuated the Thistle platform, in block 211/18…

Japan, Scotland Invest in Subsea Technology

Oct 11, 2019

Scottish and Japanese companies will receive £9 million from a joint fund to work together on innovative subsea technology.Combined with investment made by the companies themselves, a total of £20.9 million of industrial research and development will go ahead…

Subsea 7 Acquires 4Subsea

Oct 03, 2019

Services company Subsea 7 announced it has acquired 4Subsea, a provider of technology and services that delivers decision support to oil and gas and offshore wind operators.4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team…

Another Piece of the Puzzle

Sep 18, 2019

One of the missing links for some fully subsea production systems has been subsea storage, either for production fluids, later periodic offtake or production chemicals.NOV has been working on a gravity-based subsea storage unit (SSU), based on a design initially developed by Kongsberg…

Norway's CCS Project Gets Industry Boost

Sep 05, 2019

Norway's Equinor and its partners in the Northern Lights underground carbon dioxide (CO2) storage project offshore Norway have signed preliminary agreements with seven potential industrial customers for the venture.The agreements are a crucial…

Oceanteam Extends Cable Storage Gig

Jul 04, 2019

Norway's Oceanteam Solutions has extended subsea cable storage contract with one of Europe’s biggest cable manufacturers.The 6-months extension plus two times 3 months options follows a successful two years of cable storage in Oceanteam’s 1100t carousel at its cable storage facility in Velsen…

The Subsea Transformation is Happening

Jun 13, 2019

The light has been shone on the potential for the subsea oil and gas industry to not only play a role in but lead energy transition initiatives and new ocean industries in Norway and overseas during the Underwater Technology Conference (UTC) Bergen today…

Pumping Tech a Piece of the Subsea Factory Puzzle

Apr 26, 2019

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…

Subsea Power Hub Tested in Aberdeen

Apr 10, 2019

Subsea energy storage and power generation specialists EC-OG said it has demonstrated the capabilities of its Subsea Power Hub (SPH) for powering subsea production equipment using battery power alone, during a recent workshop test program in Aberdeen…

Subsea 7 Wins Three Woodside Contracts

Mar 06, 2019

Australia's Woodside Petroleum in recent months has awarded several oil and gas engineering contracts to Subsea 7 for two projects offshore Australia and one off Senegal, the offshore services company said on Wednesday.The three contracts awarded…

DOF Subsea Tallies Multiple Contracts

Mar 05, 2019

DOF Subsea announced Tuesday it has been awarded various contracts, securing utilization for vessels in the subsea inspection, maintenance and repair (IMR) projects segment.The company said its Atlantic region has been awarded a contract by…

Equinor to Build CO2 Storage Under the Seabed

Jan 11, 2019

Equinor has won a license to develop carbon dioxide (CO2) storage under the North Sea, Norway's oil ministry said on Friday, part of a push to combat climate change.Equinor is expected to submit a development plan this year, with parliament making a final decision in 2020 or 2021…

Ocean Power Technologies Pact with NEC Energy Solutions

Dec 05, 2018

The provider of ocean energy solutions Ocean Power Technologies (OPT) signed a letter of intent to enter into a long-term supply agreement with NEC Energy Solutions, global leader in utility scale energy storage.Under the terms of the supply agreement…

Propelling UK subsea innovation

Jan 05, 2018

Elaine Maslin profiles subsea organization National Subsea Research Initiative (NSRI)  and its current work as it prepares for a change in leadership (first published in the January 2018 OE, access full issue here).   Since its launch in 2014…

Statoil taps SBM, others for Castberg

Dec 07, 2017

SBM Offshore has been awarded a contract for the delivery of a turret mooring system for Statoil's US$5.9 billion Johan Castberg floating production, storage and offloading (FPSO) vessel.  The Norwegian Barents Sea project will tap an…

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