Forsys Subsea, the joint venture between FMC Technologies and Technip, has been awarded a contract from Statoil to provide a subsea front-end engineering and design (FEED) study for subsea tie-back of Trestakk to Åsgard A floating production…
Aker Solutions saw a 16.5% drop in its revenue in Q4 2015 as the market activity declined, especially in the North Sea, that will result in the company to slow down activity, reduce costs, and streamline its maintenance, modifications, and operations (MMO)…
Halliburton has released the Dash 3in subsea safety system, a solution for electrohydraulic control of Halliburton’s subsea safety tree. Previously, control was provided through direct hydraulic pressure from the surface. This latest edition…
Premier Oil has issued key front end engineering and design (FEED) contracts for the subsea work on its Falklands Islands Sea Lion development. The subsea umbilicals, risers and flowlines transport and installation to Subsea 7. A FEED…
Technip has been awarded a lump sum contract by Deep Gulf Energy III for the development of the deepwater Southe Santa Cruz and Barataria fields, in 200m water depth in the Mississippi Canyon, Gulf of Mexico. The contract consists of: Project management and engineering services…
Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver operations and maintenance services to the Alba Northern platform, Alba floating storage unit…
Diamond Offshore Drilling and GE Oil & Gas entered into the offshore drilling industry's first-of-its-kind contractual service agreement (CSA) that transfers full accountability for blowout preventer (BOP) performance to GE Oil & Gas. In this Pressure Control by the Hour model…
Subsea services company Acteon has launched a new service offering to directly address the demands and changing conditions of the global oil and gas industry. Acteon Field Life Service (FLS) offers a “joined-up” approach to the capex…
First gas from Total’s Laggan and Tormore gas and condensate subsea-to-shore development has finally been achieved. Originally due on stream at the end of 2014, the Laggan-Tormore development, has suffered delays, resulting in massive costs for onshore contractor Petrofac…
Standardization is a hot topic in the offshore oil and gas industry, not least in the subsea sector. OE caught up with GE Oil & Gas' global leader of subsea services and offshore Nick Dunn after his talk at Subsea Expo, which touched on the topic…
Almost 7000 visits were made to this week's Subsea Expo - Europe’s largest subsea event, held in Aberdeen, despite the industry facing its toughest year ever. The exhibition and conference, organized by Subsea UK, attracted just under 5000 individual delegates…
At Subsea Expo, Subsea UK has announced that it will sponsor an initiative which inspires budding subsea engineers for a second year. The body which represents the US$13.1 billion (£9 billion) subsea industry has now committed over $29…
Panoro Energy announced that the final works on the floating production, storage and offloading (FPSO) vessel, for the Aje field operations, have been completed. The vessel has left Singapore and is expected to arrive in Nigeria mid-March 2016…
Unlocking small pools of oil and gas on the UK Continental Shelf could open up £20 billion capital investment – but the clock is ticking, Subsea Expo heard. Studies have shown there are some 210 so-called small pools in the UK North Sea…
Aker Solutions was recognized as the best subsea company of the year at last night's the Subsea UK awards, with Subsea 7's David Bloom picking up the outstanding contribution to the subsea industry accolade. The awards, which seek to…