Well intervention spending has been hit harder than other areas, but it is not due to a lack of opportunities. Elaine Maslin reports. Island Offshore’s Island Frontier. Image from Island Offshore…
Composite for coiled tubing has been tried before, but the industry wasn’t ready yet. Norway’s Prototech is taking another look. New software optimizes composite pipe based on typical CT loading conditions…
Marie Morkved shows how a desire to eschew ‘how we’ve always done it’ helped Maersk Oil take a different approach to well intervention – using coiled hose on its UK North Sea Balloch field. Coilhose…
Audrey Leon discusses the next game-changing intervention technologies with OE’s Deepwater Intervention Forum advisory board members ahead of this year’s show. Onboard the Well Enhancer looking…
While significant costs have been stripped out of the oil and gas industry, shale is fighting back. And, if the subsea industry is to survive, it will need more than just reduced costs, industry executives told the Underwater Technology Conference (UTC) in Bergen…
Elaine Maslin surveys some of the plugging and abandonment solutions presented at Sintef’s Experimental P&A Research for the North Sea event in Trondheim, Norway. Alexandra Bech Gjørv Plugging…
Subsea 7 has acquired parts of EMAS Chiyoda Subsea (ECS), following the firm's fall into Chapter 11 bankruptcy proceedings in the US. The Lewek Constellation. Subsea…
GE Oil & Gas has signed a long-term agreement to collaborate with Eni and CNPC consortium EEA on Area 4 offshore Mozambique, including the Coral South floating LNG (FLNG) project. The Coral South FLNG project will be the first deepwater gas development offshore Mozambique…
First oil from the US$2.5 billion Kraken floating heavy oil development in the UK North Sea has been announced. The Kraken development, about 125km east of the Shetland Islands, off Scotland, is due to comprise a total 25 wells (14…
Aker Solutions has won a contract to deliver three umbilicals and associated equipment at ENI's Coral South project, Mozambique's first offshore field development. The work scope includes three steel tube umbilicals that will total more…
If one thing is certain, it’s that oil prices fall, rise, and then fall again and that the dynamics driving prices are complex and will change faster than we might expect. Image from UTC Twitter…
The second phase of a joint industry project aiming to reduce subsea processing costs has been kicked off. Phase 2 of the Subsea Processing JIP includes system suppliers Aker Solutions, GE Oil & Gas, OneSubsea and TechnipFMC, as well as operators Shell…
UK-based engineering firm Aquaterra Energy has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea. The multi-million pound deal will see Aquaterra…
What is thought to be the world’s first commercial controlled-from-onshore ROV operations started at IKM Subsea headquarters in Norway this week. Soon, up to three work class ROVs and one observation ROV on Statoil’s Snorre B and Visund…
TechnipFMC has been awarded an extension to its ongoing engineering, procurement and construction (EPC) contract from Statoil in the Norwegian North Sea. The ongoing EPC project covers the provision of subsea equipment including template structure…