Offshore Subsea News


Subsea Power Distribution Drawing Near

Jun 18, 2019

Subsea power distribution set to move oil and gas production facilities on the seafloorSubsea power distribution down to 3,000 meters depth will soon be a reality. This summer, a full-scale prototype will be running a 3,000-hour test. After that…

Mermaid Gets Funds for Two Vessels

Jun 17, 2019

Thailand-based offshore drilling services company  Mermaid Maritime Public Company said that  its subsidiary Mermaid Subsea Services Thailand (MSST) has entered into a $65 million loan deal with the Export-Import Bank of Thailand (Exim).As per…

Norway Green Lights Gullfaks Boost

Jun 14, 2019

Norway has approved Equinor's project to boost oil recovery from the Gullfaks field in the North Sea by 17 million barrels, the energy ministry said on Friday.The project, which aims to produce oil from the Shetland/Lista dense lime reservoir located above the field's main reservoir…

Grimsrud Named CFO of Aker Solutions

Jun 14, 2019

Ole Martin Grimsrud has been appointed Chief Financial Officer of Aker Solutions, effective August 1, 2019. He replaces Svein Oskar Stoknes, who is taking over as CFO of Aker on the same day.Grimsrud joined Aker Solutions in 2012 as Vice President…

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…

Portable Equipment Reeling in SURF Change

Jun 13, 2019

In April, Maritime Developments (MDL) concluded a flexible installation project offshore West Africa. The work scope, commissioned by DeepOcean, saw the MDL third-generation reel drive system (RDS) used on board the Polar Onyx for installation of a 2…

iXblue Wins OWF Survey in France

Jun 13, 2019

iXblue said its Sea Operations division has been selected by developer EOLFI to conduct the geophysical survey of the future Groix & Belle-Île pilot floating wind farm located in the South of Brittany, off the west coast of France.The survey…

Flowline Specialists Names Whittingham CEO

Jun 13, 2019

Scotland-based energy equipment manufacturer and service provider Flowline Specialists announced changes to its senior management team, including the appointments of Ross Whittingham as CEO and Graeme Chalmers as COO.Whittingham, who was previously the firm’s engineering manager…

JFSE Launches Shallow Water Excavation Tool

Jun 13, 2019

Controlled flow excavation (CFE) services expert James Fisher Subsea Excavation (JFSE) said it has developed a low draft, lightweight excavator that is primarily aimed at shallow water excavation and shore pull works, including trench maintenance during pull-in operations…

Subsea 7 Wins Johan Sverdrup 2 Contract

Jun 13, 2019

Subsea 7 announced Thursday it has been awarded a contract for subsea pipelines and associated marine operations in the second phase of the large scale Johan Sverdrup project, in the Norwegian sector of the North Sea.The contract, awarded by…

Trump Administration Sued Over Offshore Rule Changes

Jun 12, 2019

A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department's rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP Deepwater Horizon oil spill…

Saab Seaeye eRobotics Campaign Wins UTC Award

Jun 12, 2019

A project that achieved a world first in subsea vehicle deepwater residency capability, proving the potential for marine autonomous systems to take a greater role in underwater inspection, repair and maintenance methodologies, is the winner of the annual UTC Subsea Award…

Subsea Challenges, but Also Solutions

Jun 12, 2019

The huge changes made in the industry since the downturn in 2014, through to the challenges that lay ahead and some of the solutions that could help solve them, were set out by a top tier line up ranging from oil major heads of macroeconomics…

PM Solberg: Industry Has the Power to Transform

Jun 12, 2019

Norwegian Prime Minister Erna Solberg underlined her and the government’s support for the offshore oil and gas industry, especially the subsea industry, in a keynote speech and visit to this year’s Underwater Technology Conference in her home town…

Worley, Enaval Form Brazil Brownfield JV

Jun 12, 2019

Australian-based engineering firm Worley said it has entered into a 50:50 joint venture with Brazilian services company Enaval.The new joint venture, Worley Enaval (WE) Integrated Solutions, combines Worley’s global engineering and brownfield…

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