Subsea News


Topaz Revenue Climbs

6 hours ago

Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai-based offshore vessel operator’s first-half net income also surged to $42 million…

Wild Well Control Adds 10K Capping Stack

Aug 21, 2019

Well control and engineering services company Wild Well Control said it has added a new 10,000 psi-rated capping stack to its WellCONTAINED group of subsea containment equipment.The 10,000 psi-rated (10K) stack is rated to water depths of 10…

Rever Concludes North Sea Campaigns

Aug 21, 2019

Subsea services provider Rever Offshore said it it has completed multiple projects within the North Sea in 2019, building upon existing frame agreements which has allowed clients quicker access to its fleet of specialized subsea support vessels and team…

Forum Sells Its Stake in Ashtead Technology

Aug 21, 2019

Oilfield products company Forum Energy Technologies said it has reached a deal to sell its aggregate 40% interest in subsea rentals company Ashtead Technology to Buckthorn Partners and other investors that currently own the majority of the equity interests in Ashtead…

Subsea 7 Seeks Engineers - From Any Sector

Aug 21, 2019

Offshore contractor Subsea 7  isn't limiting its search to the offshore and subsea talent pool as it looks to grow its engineering team. The company said it is offering experienced engineers from all sectors the opportunity to forge a new career in the subsea industry…

FES Bags Multiple DBSC Orders

Aug 21, 2019

Fluid transfer systems provider FES International said it has secured four new orders to deliver is Diver Bend Stiffener Connectors (DBSCs) to projects across Asia, Africa and Europe.The 31 DBSCs will be supplied for projects taking place in the Johan Castberg field in the Barents Sea…

Subsea Network Repaired in the North Sea

Aug 21, 2019

Faulty elements in the subsea network within the Greater Guillemot Area field were diagnosed and replaced within 24 hours of the start of a recent fault-finding campaign, subsea testing tools manufacturer C-Kore Systems said.The GGA area in…

Aker Solutions Wins ADNOC Umbilicals Contract

Aug 21, 2019

Norwegian engineering and equipment firm Aker Solutions said it has secured a NOK 700 million ($78.2 million) order from ADNOC (Abu Dhabi National Oil Company) to deliver subsea umbilicals for the Dalma gas development project located offshore…

Op/ed: Avoiding Obsolete Equipment Risks

Aug 21, 2019

In the oil and gas industry, cold, hard data greatly informs an upstream operator when it looks to predict the future direction of the market and chart the course of its business strategy.A substantial rise in the price of oil might mean previously shelved…

Standardized Subsea Processing

Aug 20, 2019

When used under the right circumstances, subsea processing technologies have clear and obvious benefits as an enabler for increased oil recovery and even as a more environmentally friendly alternative to conventional processing equipment.In many instances…

INTECSEA Wins MJ Field Contract from RIL

Aug 19, 2019

Worley subsidiary INTECSEA has been awarded a project management consultancy (PMC) contract by Reliance Industries Ltd (RIL) for the MJ Field deepwater gas and condensate project offshore India.Under the contract, INTECSEA will provide PMC services…

Hunting Acquires RTI Energy Systems

Aug 16, 2019

London-headquartered energy services group Hunting said it has acquired the business and assets of US-based riser technologies manufacturer RTI Energy Systems (RTIES) for a total cash consideration of $12.5 million, funded from existing cash resources…

Prolonging Wellhead Fatigue Life

Aug 16, 2019

When oil and gas operators need to carry out workovers or plug and abandon a deepwater well, a primary concern is how much fatigue life remains in the wellhead.Wells from two decades ago were drilled and completed with rigs that may have been decommissioned…

Subsea Innovation Scores TechnipFMC Contract

Aug 15, 2019

Subsea Innovation said it has won a contract win with TechnipFMC in Norway for the supply and installation support of subsea protection equipment.In 2018 Subsea Innovation engineered next-generation seal for their Pipe in Pipe Waterstops, designed and developed from its head office in Darlington…

Current News

FMS Wins BP Mooring Gig in the North Sea

Topaz Revenue Climbs

TechnipFMC’s iEPCI

Wild Well Control Adds 10K Capping Stack

ADNOC Dishes $3.6 Billion in Contracts

Zohr Gas Field Output Rises to 2.7 bcfd

Rever Concludes North Sea Campaigns

Chevron Invests in Well Conveyor

Forum Sells Its Stake in Ashtead Technology

US Gulf Lease Sale Pulls in $159.4 Million

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