The floating production, storage and offloading (FPSO) vessel, Prof. John Evans Atta Mills set sail from Singapore on 23 January. The vessel is sailing to Ghana, where it will produce and store oil from Ghana’s Tweneboa-Enyenra-Ntomme (TEN) offshore oil fields…
According to a recent study by the UK’s Technology Leadership Board, there are 210 “small pools” of hydrocarbons (those containing less than 15 MMboe). While recognized, these pools, containing 1.5 billion boe in total, remain undeveloped…
Subsea 7 expects to save US$550 million through its plans to cut 2500 jobs and 12 vessels from its fleet, the firm said today as the offshore industry continues to suffer from low oil prices. The firm, which had announced its staff and vessel reduction plans in May…
Atkins installed the subsea oil storage tank on the 40 million barrel Solan field west of Shetland, in the UK. Solan tank arrives on site. From Atkins. Fabricated at Dry Docks World Dubai…
Norwegian exploration and production firm Noreco is facing uncertainty after its chairman resigned with immediate effect as the firm deals with significant write-downs on reserves at key production assets. Noreco says, according to updated reservoir modeling by operator Dong Energy…
FoundOcean and Ranger Offshore Inc. signed a strategic agreement this month, formalizing a relationship that has previously developed between the two companies. FoundOcean, Ranger Offshore combine…
Jacket installation operations on Premier Oil’s Solan oil field development west of Shetland are due to start. The four-legged steel jacket for the field, in Block 205/26a, in 135m water depth, left the construction yard at Methil, Fife…
Subsea 7’s Autonomous Inspection Vehicle (AIV) has successfully completed its first test mission in the UK North Sea for Shell, the firm announced today (13 August). A series of field trials were undertaken from Subsea 7 vessel the…
Norway's Kvaerner has been given backing from Newfoundland's Research & Development Corporation (RDC) and Statoil Canada to carry out a research and development project for subsea separation and storage facilities. The project's…
Offshore grouting contractor FoundOcean has secured two contracts on the Solan oil field development west of the Shetland in the North Sea. The contracts, with Heerema Marine Contractors and Bibby Offshore,& cover structural grouting on the 8000-tonne Solan platform jacket and its 300…
Forum Energy Technologies, Inc. received an order from Subsea 7 SA to supply eight work-class remotely operated vehicle (ROV) systems. The ROVs will be delivered through late 2014 and 2015. The order comprises two Perry™ XLX Evo 200HP…
As subsea production systems are entering a new era, Statoil is finding that designing, qualifying and installing the subsea factory is just the start—the future will require a new breed of vessel, Elaine Maslin explains. Earlier this summer…
The world-leading expertise on subsea equipment and technology that Norwegian companies hold has evolved over time. Now, it is vital that these companies are able to use the resources and knowledge they have available – and work smarter…
Since the 1980’s, the Norwegian subsea industry has evolved to become a world-leading supplier of underwater equipment and technology. Oil and gas production across the world happens in ever deeper water, and the wells are increasingly complicated to operate…
Subsea has moved from being the outlier to being ‘one of the core ways of us doing our business’, Chevron’s Peter Blake told the recent Subsea 2012 conference in Aberdeen. He expects the company’s net operated subsea production, currently in the region of 600…