AW-Lake Company launched its SABRE Turbine flowmeter for the subsea market. To keep the electronics dry and in a pressure-regulated environment, the meter was designed with integral, sealed electronics, allowing more valuable real estate in the subsea electronics module canister…
OceanTools Ltd. completed a redesign of their MA500 Precision Altimeter. DSP electronics combined with frequency swept CHIRP technology are housed in a hard anodized aluminium housing rated to 3000m as standard. The MA500 uses a new composite…
The US Dept. of the Interior's Bureau of Ocean Energy Management (BOEM) announced final details for the Western Gulf of Mexico Lease Sale 233. The sale will take place on August 28 and will cover about 20.7 million acres off Texas for oil and gas exploration and development…
The offshore oil and gas industry has changed tremendously over the last several years. Moving into deeper waters has created challenges in operations that would be considered commonplace in shallow water projects. Deeper water has not only made tasks more complicated…
As subsea production systems are entering a new era, Statoil is finding that designing, qualifying and installing the subsea factory is just the start—the future will require a new breed of vessel, Elaine Maslin explains. Earlier this summer…
The global offshore heavy lift market is fragmented, but evolving, with new vessels expected to bring a step change in capability and flexibility. Elaine Maslin reports. Offshore heavy lifting capability has increased in waves, from the early heavy lifts of just a few hundred tonne…
Aberdeen-based Meta Downhole Ltd., a downhole isolation company offering complete integrity across the life of the well, announced a contract with Shell for high-performance liner tieback solutions in the Gulf of Mexico. Meta will supply its V0 ISO14310-certified Meta Liner Tieback…
Determining accumulator best suited for an application depends on the environment in which it will operate, reliability, and maintenance cost. Accumulators are energy storage devices that have a variety of applications. Most notably, they can be used to store potential energy…
Petrobras awarded FMC Technologies a $40 million contract to supply three subsea boosting stations for the Parque das Baleias development, located offshore Brazil's Espirito Santo state in the Campos Basin. 'The Horizontal Boosting Station…
Tekmar Energy has announced ambitious plans to return to the oil and gas market, while maintaining its leading position in offshore renewables. As part of the firm’s blueprint for growth, it aims to generate £15million in turnover from…
ExxonMobil chose Oceaneering International Inc. to supply production control umbilicals for its US$4 billion Julia development in the Gulf of Mexico. The order is for a 14mi.-long (22.5 km), electro-hydraulic, steel-tube umbilical. The umbilical will supply hydraulic control fluids…
FMC Technologies, Inc. received an order from Total Upstream Nigeria Ltd. for subsea equipment for the Egina field. It has an estimated value of $1.2 billion. The supply scope includes subsea trees and wellheads, manifolds, installation tooling…
Saipem has been awarded the contract for the Nigerian subsea development of the Egina field, in a 1700m water depth. It is worth approximately $3 billion. Fabrication will be performed almost entirely in Nigeria and most in the Saipem Rumoulumeni Yard in Port Harcourt…
FMC Technologies, Inc. received an order from Petrobras for subsea trees for its pre-salt fields off Brazil. The award is estimated at US$500 million and represents the call-off of the remaining value of the $1.5 billion agreement announced in March of 2012…
Technip was awarded a lump sum contract for pipelay and subsea installations for the Snøhvit CO2 Solution project by Statoil. Snøhvit field is located about 140km north-west of Hammerfest, Norway. The project will establish an additional well at a new CO2 injection template…