Some 28% of UK-based subsea industry firms have seen their sales drop by 50% of more since the start of the oil price collapse, according to a snapship survey by industry body Subsea UK. Yet, almost 80% of those surveyed said they were…
InterMoor has successfully completed the final tensioning and chain cutting operations on the floating production, storage and offloading (FPSO) vessel, Turritella, for the Shell Stones project, located in the Walker Ridge protraction area in the Gulf of Mexico (GoM)…
GE Oil & Gas has completed the qualification of its upgraded 36kV high voltage wet mate connector. MECON WM 36/500 is designed to offer greater reliability and predictability in subsea power system connections, and can be used with equipment such as transformers…
Mermaid Maritime’s subsidiaries, Seascape Surveys and PT Seascape Surveys Indonesia have been awarded six different subsea contracts in the Asian region with an estimated US$15 million. The various work scopes include subsea survey, inspection…
Aker Solutions says it is on track to boost cost efficiency in all areas of the company by a 30% goal - or NOK9 billion (US$1.11 billion) annually - in a bid to meet current market conditions. A quarter of the targeted improvement is expected to be achieved this year…
Materia, a catalyst and advanced polymer developer and manufacturer, has introduced Proxima thermoset resins for applications in subsea thermal insulation, subsea buoyancy, and for downhole tools. Proxima HTI resins for high temperature…
Joint integrity specialist Hydratight completed an upgrade project on a section of subsea pipeline for the John Brookes joint venture, on the North West Shelf of Western Australia. Connector being lowered for John Brooke's project…
Heerema Marine Contractor's Thialf heavy lift vessel lifted the new subsea pump control module (PCM) onto Shell's Draugen platform offshore Norway late last month. The 220-tonne control module is the topside part of the subsea pump system…
Aker Solutions is to supply its longest-ever umbilicals system to the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea. The agreement, with Petrobel, Egypt, is worth more than NOK 1 billion (US$120 million) and covers…
GE Oil & Gas has won a surface wellhead and Xmas tree equipment and services contract from Statoil for its Johan Sverdrup project in the North Sea. GE Oil & Gas will manufacture, deliver and install its standardized surface wellhead and…
Noble Energy has received approval to move forward with the development of Leviathan, offshore Israel, in addition to inking a US$2.5 billion deal to supply up to 473 Bcf from the highly anticipated project. Image from Delek…
Norwegian firm Stinger Technology has developed a small remotely operated vehicle (ROV) for a client, which wanted a unit to inspect a subsea oil storage tank. The new unit, called Nano ROV, had to be able to fly through 10in pipelines…
Remotely operated vehicle (ROV) provider ROVOP has been awarded £3 million worth of new contracts, which sees the company expanding into two new territories - southeast Asia and Mexico. The company has also announced the appointment of…
Technip has been awarded a major contract to develop the Bahr Essalam, Phase II development in the central Mediterranean Sea, offshore Libya. This natural gas field development, which is operated by Mellitah Oil & Gas, a consortium between National Oil Corporation and ENI North Africa…
Michael Cole, Fugro’s manager of survey prospects, explains how dynamic alarms coupled with office assisted remote services, can help provide better early warnings and navigation for end users. Vessel…