Global deepwater oil and gas development has been plagued for a decade by cost creep in equipment and services. Some of the inflation was warranted as we moved into deeper, harsher and frontier areas, requiring higher equipment specs, more specialized assets and a higher level of risk mitigation…
Subsea 7 has signed a letter of intent with Royal IHC in the Netherlands for the construction of a new US$300 million reel-lay vessel and associated pipe lay equipment for delivery in early 2020. A firm contract is expected to be awarded before the end of 2017…
In a sustained low oil price environment, operators are facing increased pressure to reduce costs and minimise risk when making a final investment decision (FID) on a project, resulting in many capital intensive offshore developments being shelved…
Magma Global has signed an agreement with Odebrecht Oil & Gas to supply m‐pipe for the CMHR (Composite Multi-‐Bore Hybrid Riser) solution for future deployment in deepwater pre-salt projects in Brazil. Magma’s patented mpipe technology…
Aker Solutions (stand 5C100) is launching its MultiBooster, a new, up to 6MW subsea multiphase pump to help operators maximize production from existing oil and gas fields, at SPE Offshore Europe this week. Aker Solutions says the now qualified…
Brazil has been and remains a key stone in the global offshore industry, not least when it comes to deepwater production. Despite the recent turmoil it has faced, including low oil prices, debt woes and the Operation Car Wash investigation…
Undeveloped pools in the North Sea and elsewhere could make it over the line with TechnipFMC’s iEPCI approach to subsea tiebacks. Elaine Maslin reports. A TechnipFMC iEPCI vision. Image from TechnipFMC…
Seawater injection is one of the jigsaw pieces making up the subsea processing puzzle. Elaine Maslin reports on Saipem’s Springs technology. Springs, how it might look subsea. Image from Saipem…
Subsea boosting is helping to push otherwise uneconomic subsea projects over the line. Elaine Maslin reports on two tiebacks benefiting from a bit of boost – including the industry’s longest deepwater subsea multiphase boosting tieback. Murphy…
Oceaneering and Sonsub are making moves towards subsea resident remote operated vehicles. Elaine Maslin reports on their progress. The eNovus ROV illustrated. Image from Oceaneering. The…
With a need to find more cost-effective solutions, for more complex systems, converging with the big data era, could it be time for the all-electric subsea system? Elaine Maslin reports. Daniel Abicht…
Elaine Maslin reports on a new pump under development that could be the next step in subsea multiphase boosting. Aslaug Melbø, engineering manager, subsea systems, BHGE, speaking at UTC Bergen…
Subsea boosting technology recently brought online at Chevron’s Jack and St. Malo fields is expected to boost production rates for the next 30 years. Chevron’s Chris Hey and Dan Broussard, and OneSubsea’s Mads Hjelmeland and Oeyvind Reimers explain…
Underwater robotics company, Saab Seaeye, has joined the National Oceanography Centre’s (NOC) Marine Robotics Innovation Centre, as an Associate Member. Since its foundation in 1986, Saab Seaeye has pioneered many innovations that have…
Italian contractor Saipem has won a string of contracts worth a total US$370 million. Eni Angola has awarded Saipem additional work orders for the West Hub Development project offshore Angola. The work, which will be performed by Saipem's E&C Offshore division…