Dutch contractor Jumbo has completed a contract for PetroSA installing a subsea MEG riser on the Ikhwezi development FA platform offshore South Africa. The contract was awarded by PetroSA on 5 December, offshore installation…
Maersk Supply Service show an illustration of its four new subsea support vessels, due to enter the market no later than 2017. The vessels are rated for advanced operations in water depths of up to 3000 m. They offer 1925 sq m of free deck space for equipment and cargo…
Total E&P UK has awarded Technip an additional scope for the parallel development of the Glenlivet field close to the Edradour subsea development, about 75km northwest of Shetlands in the UK North Sea. The Glenlivet scope includes: fabrication and installation of 12in…
Farstad Shipping ASA signed a letter of intent (LOI) with Technip regarding utilization of the subsea vessel Far tbn Sleipner. The agreement is to secure the vessel for a period of 11 months, divided into two fixed periods. Including mobilization and demobilization…
Statoil is eying further opportunities in the Oseberg area after bringing its tenth fast-track portfolio project, the 77 MMboe recoverable Oseberg Delta 2, onstream. Oseberg Delta 2 is a two-template, 14km-long subsea tieback from the Delta terrace to the Oseberg Field Centre…
Tullow Ghana awarded DeepOcean Ghana a contract to provide the services of a multi purpose construction vessel (MPV) offshore Ghana. DeepOcean will provide the inspection, survey and subsea construction on the Tullow operated deepwater Jubilee and TEN fields…
Aker Solutions has delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the US Gulf of Mexico. The Subsea Containment Assembly…
Royal IHC (IHC) has joined forces with Tompkins UK – the parent company of Modus Seabed Intervention – to enter the deep and ultra-deep water, oil and gas geotechnical survey and site investigation market under the banner of TI Geosciences…
Technip CEO and chairman Thierry Pilenko says the headwinds facing the industry, both before and following the oil price collapse imply a 'prolonged, harsh slowdown' in many parts of the oil and gas industry. Pilenko, outlining the firm's 2014 results…
The outlook for mergers and acquisitions in the oil and gas service sector in 2015 will hinge upon the resilience of businesses and a recalibration of pricing expectations, according to energy specialist corporate advisory firm Simmons & Co…
Subsea 7 is to provide fabrication, subsea installation and diving services on Woodside Energy's Persephone project offshore Australia. The Persephone Project consists of two wells tied into a subsea production manifold with production…
Proserv was named company of the year at the 2015 Subsea UK Awards. During the past 12 months, Proserv marked a number of milestones including a series of contract awards which expanded its manufacturing facilities and launching a new subsea technology…
Sonardyne has announced that Seatronics is to take delivery of US$1.54 million worth of its 6G acoustic positioning technology. The contract was displayed at the Subsea Expo 2015 exhibition and conference in Aberdeen. The 6G equipment…
GE Oil & Gas invested more than US$20.7 million across its subsea manufacturing facilities in Montrose, Scotland, enhancing the business’s test and assembly (T&A) and manufacturing capabilities in direct response to customer need. GE…
The fast-growing UK subsea sector, which supports 60,000 jobs, is in for two years of tough times. An Infield report showed subsea tree orders, a major indicator of subsea activity, is expected to fall by nearly 30% between 2014-2019…