Offshore Subsea News


First Subsea Installations Begin at Duva

Jul 30, 2019

The first subsea installation and construction campaign for the Duva field development is now underway with the installation of the Integrated Template Structure (ITS), Neptune Energy said on social media on Tuesday.The ITS is the first large…

TechnipFMC: Record Orders, Backlog in Q2

Jul 25, 2019

Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…

Deep Blue Heads for Brazil

Jul 24, 2019

TechnipFMC’s flagship deepwater pipelay and construction vessel is embarking on a large-scale subsea project laying pipeline on the Equinor-operated Peregrino Phase 2 Project in the Campos Basin offshore Brazil.According to TechnipFMC, Deep…

MMA Offshore Acquires Neptune Marine Services

Jul 24, 2019

Australian offshore services company MMA Offshore said it has entered into an agreement to acquire the business of compatriot subsea services firm Neptune Marine Services by acquiring NMS's key operating subsidiaries.The purchase consideration…

UK-Denmark Subsea Power Cable Gig Awarded

Jul 24, 2019

The Italian electric power transmission specialists Prysmian, German multinational conglomerate Siemens and Swedish cable manufacturer have secured contracts worth a total 1.1 billion euros ($1.2 billion) to build the world’s longest subsea power cable…

OneSubsea Awarded Chevron Master Agreement

Jul 23, 2019

Chevron has awarded OneSubsea a 20-year subsea equipment and services master contract for development projects in the Gulf of Mexico, the subsea supplier’s parent company Schlumberger announced on Tuesday.Combining this master contract with…

TechnipFMC Bags Seagull iEPCI Award

Jul 22, 2019

TechnipFMC announced on Monday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Neptune Energy for the Seagull project, located in the UK North Sea.The contract, which is said to be worth $75 million-$250 million…

Emerson Enables Automation at Shah Deniz 2

Jul 22, 2019

US based technology company Emerson said it has completed its $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan and is fulfilling an ongoing five-year services contract to help ensure reliable…

Lamont Takes Over as ROVOP CEO

Jul 22, 2019

Subsea robotics firm ROVOP announced on Monday that its chairman David Lamont will assume the position of CEO with immediate effect, taking over for Steven Gray who is stepping down after eight years in the role.“I have enjoyed working with…

McDermott Opens Subsea Center in London

Jul 18, 2019

McDermott International said it has relocated its Subsea Center of Excellence from Epsom in Surrey to Bedfont Lakes office park near Feltham in London, to strengthen its subsea offering there following BP’s award of the Greater Tortue Ahmeyim natural gas roject…

Wild Well Upgrades Capping Stack Kit

Jul 18, 2019

Well control and engineering services fir Wild Well Control announced a new contract with Fugro for the provision of blowout preventer (BOP) intervention skids and test units for inclusion in its Subsea Response Kit. As part of the WellCONTAINED subsea capping stack program…

A Boost for Africa’s P&A Market

Jul 18, 2019

Despite Africa not being a top contender in the global decommissioning market, the region holds huge potential for growth as more offshore old and gas fields mature while some of the newly drilled ones turn dry.The region’s top oil and gas producers such as Angola…

MAN Wins Chevron FEED Gig

Jul 18, 2019

Chevron Australia has awarded a contract to MAN Energy Solutions to support the front-end engineering and design study of a subsea compression solution for Chevron-operated Jansz-Io field off Western Australia.According to a press note from the German tech major…

MDL Builds HLS for Double North Sea Scope

Jul 17, 2019

Maritime Developments (MDL) said it has added a horizontal lay system (HLS) to its rental fleet following a double project award from a new client in the North SeaThe HLS is designed to work in conjunction with the complete range of MDL 2-track…

Aker Solutions Beats Forecasts

Jul 17, 2019

Aker Solutions beat second-quarter earnings on Wednesday citing demand from the offshore oil sector despite price pressure from ongoing high capacity.Service providers are slowly recovering from a 2014 slump in oil prices that prompted companies to curb offshore projects…

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