As a number of Caribbean nations set sights on developing potential deepwater reserves, concerns have surfaced about the region’s ability to respond to a Macondo-style subsea leak. The topic is especially prominent in a swath of sea where tourists…
Oil seeps at Chevron’s Frade field nearly a year ago have led Brazilian regulator ANP to assess millions in fines against Chevron and ultimately halted output at the troubled Campos Basin field. In November 2011, Chevron P&A’d an appraisal well…
Full qualification testing of a 3.2MW multiphase subsea pump system capable of operation in pressures up to 5000psi has now been completed, FMC Technologies and Sulzer Pumps confirmed during Stavanger’s ONS show.Unveiling the new system, Tore Halvorsen…
Brazil’s oil & gas potential continues to grab the industry headlines, with Petrobras confirming more than a score of offshore discoveries, most of them deepwater, in the last 18 months alone. Newcomer OGX confirmed a number of discoveries too…
Teledyne has acquired the parent company of PDM Neptec, a UK-based provider of underwater cables, fibre optic and electrical subsea connectors. The acquired company will now operate under the name Teledyne Impulse-PDM.
Anadarko Petroleum has taken on a challenging project with the Prosperidade development in Mozambique. But the company plans to draw on lessons from its involvement in Ghanas Jubilee field development to unlock Mozambiques huge gas resources…
The extreme shortage of skilled personnel in the oil & gas industry is arguably the industry's biggest challenge today. Technical solutions may have changed but new challenges remain, particularly in the specialist area of subsea engineering…
New from Jotun are two new high performance coatings developed specifically for the the offshore industry and conforming with ISO20340 and Norsok M501 standards.Barrier Plus, a two-component zincrich epoxy primer, is said to provide optimal…
Two complete ROV moonpool handling systems are to be delivered by Norwegian specialist Rapp Hydema for Ezra Marine Service’s newbuild vessel Constellation. The new-generation systems are designed for work class ROV operations down to 4000m.…
Aker Solutions has acquired two Norwegian companies, Subsea House and SSH Engineering, from Subsea Holding. The deal, due to complete in 3Q 2012, includes a subsea test facility for subsea products, systems and tools.
Bredero Shaw bagged its second contract for the Inpex/Total Ichthys LNG project in Australia. Awarded by McDermott and worth over $100 million, it calls for pipeline coating and related services for the project’s flowlines and tie-in spools.
David Stephen has been appointed GM Europe-Africa for Positioneering, an Aberdeen startup company providing GNSS-based positioning services for the offshore market. He joins from Specialist Subsea Services where he was GM of the Caledonian-Geotech division…
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
Oil & gas companies will spend roughly $135 billion on subsea hardware between 2012 and 2016, an increase of 14% over the preceding five-year period, according to a new report from Douglas-Westwood.Spending took a hit in 2010 and 2011 as the…
High demand for goods and services helped push up building and operating costs for upstream oil & gas facilities over the six-month period covering 3Q 2011 to 1Q 2012, according to two IHS cost indexes. The IHS Upstream Capital Cost index rose 2…