China's Zhuzhou China South Rail Times Electric completed a £130 million acquisition of the UK-based ROV and trenching equipment manufacturer Specialist Machine Developments (SMD), also known as Soil Machine Dynamics. Zhuzhou specializes…
Ezra Holdings’ subsea services division, EMAS AMC, has won multiple new awards from various oil and energy companies worth approximately US$55 million. The Lewek Constellation. From EMAS. The scope of work includes project support…
Nautronix's NASNet array in Statoil’s Aasta Hansteen field is now fully operational and awaiting first field construction, the UK-based firm said. Last year, Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along…
Ophir Equatorial Guinea awarded WorleyParsons a contract for provision of engineering and project management services for their Equatorial Guinea Block R Project, the Fortuna project. Block R map…
Steel forgings are important building blocks for subsea components and are often tailored to meet end-users’ specific requirements. This results in long delivery times and repeated follow-ups throughout the supply chain. With DNV GL’s new…
Hydro Group teamed up with mechanical engineering group EnerMech to launch a new hydraulics hose product, offering lay-up and over-sheathing of hydraulic hoses for use in umbilical, topside and well intervention projects in the oil and gas industry…
Never let a good crisis go to waste, an industry conference in Oslo, Norway, had been told this morning, Image from Aker. The phrase, used by former UK Prime Minister and wartime…
Saipem awarded Kongsberg Oil & Gas Technologies a US$10 million contract for the delivery of subsea structures for the gas export pipeline project of the INPEX-operated Ichthys LNG Project. Image from Kongsberg…
Dana Petroleum awarded Technip a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel in the central North Sea. Image from Dana Petroleum. This…
The Statoil-operated Gullfaks gas field in the Norwegian Sea will use Nexans' innovative power umbilicals combining power, fiber-optic and hydraulic lines in a single cross section. The cables were handed over to Statoil this month. The…
The official naming ceremony took place for Bibby Offshore’s IRM (inspection repair and maintenance) light construction vessel, the Olympic Bibby, at the Kleven Shipyard, Norway. Bibby Offshore signed a charter agreement with Olympic Shipping in March 2014 for the newly built Olympic Bibby…
Petrobras awarded Subsea 7 a two-year US$200 million contract for continued use of its Seven Seas construction and flex-lay vessel for the installation of flexible lines. The contract work scope will be similar to that of other Subsea…
Aker Solutions and Fjords Processing have formed WellSep, an alliance to develop technology and capabilities for advanced wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The alliance…
Oil Spill Response Ltd. (OSRL) and the Subsea Well Response Project (SWRP) delivered a containment toolkit, which can be used to minimize the environmental impact of a subsea well incident. Image from SWRP…
Netherlands headquartered subsea services firm DeepOcean has been awarded the riser installation contract for the Kristin and Heidrun platforms by Statoil. The modification of the two platforms is required in preparation of a possible…