Offshore Subsea News - page 7

Aker BP Gets Skogul Start-Up Nod

Feb 24, 2020

Norwegian oil company Aker BP has received regulatory consent for the start-up of the Skogul field in the North Sea, offshore Norway.The Norwegian Petroleum Directorate granted its consent for the of the field in production license 460 on Monday…

Subsea Contracts Hit Record High in 2019

Feb 23, 2020

Integrated subsea contracts took center stage in 2019 and had a breakout year with 20 such contracts signed, representing a record-high of over 150 subsea trees awarded under such deals.'After hitting rock bottom in 2016, the subsea equipment market has gradually recovered…

Worley Bags Mozambique LNG Work with Total

Feb 21, 2020

French oil company Total has awarded oilfield services firm Worley two master service agreements (MSAs) for services at the Mozambique LNG Project.The Mozambique LNG project, previously operated by Anadarko, will be Mozambique’s first onshore LNG development…

Shell Working on FID for Mars Pipeline System Expansion

Feb 21, 2020

Shell Midstream Partners LP expects to take final investment decisions on expanding its Mars crude oil pipeline system in the Gulf of Mexico in the first half of the year, Chief Executive Kevin Nichols said on Thursday.Shell has seen significant interest from oil producers as the 600…

Hunting Buys Enpro Subsea

Feb 21, 2020

Energy services group Hunting has said it has completed the acquisition of Enpro Subsea for $33 million.Hunting said Friday that, apart from the $33 million, the consideration also includes a potential maximum earn-out of US$3.0m based on EBITDA performance in 2020…

Kongsberg Sells HUGIN AUV System to NIOT

Feb 20, 2020

Norwegian technology enterprise Kongsberg Maritime announced that contracts have been signed for the sale of a HUGIN AUV System to the Indian National Institute of Ocean Technology (NIOT), located in Chennai, India.According to a statement from Kongsberg Maritime India…

Shell Orders Deep Down Equipment for Whale Development

Feb 20, 2020

Deep Down, a U.S.-based subsea oil and gas equipment supplier, has received an order from Shell for a delivery related to Shell's Whale development in the U.S. Gulf of Mexico.Under the contract with Shell, Deep Down will design, engineer and…

DOF Vessel to Install Seismic Nodes in Nigeria

Feb 20, 2020

Norwegian offshore vessel operator DOF Subsea has secured two contracts in Nigeria, and Angola, respectively.The first contract is for seismic nodes installation in Nigeria for an undisclosed client. The work will be executed from the CSV Geosund…

Optime Subsea Invests in Topside Equipment

Feb 20, 2020

Norway's Optime Subsea, a subsea system solutions provider, has said it has recently secured large international contracts worth millions of dollars as a result of the product portfolio expansion.The company, which last year won a two-year well access deal with Aker BP…

Eidesvik Offshore Duo in 4-Month Charter with Seabed Geosolutions

Feb 19, 2020

Offshore supply vessel operator Eidesvik Offshore has signed a deal to provide two of its vessels to the seismic company Seabed Geosolutions.The Norwegian vessel owner said Wednesday it would, under the contracts, provide the seismic source…

Neptune Brings Online HPHT Well in Dutch North Sea

Feb 19, 2020

Neptune Energy has started gas production from the new L5a-D4 well. According to Neptune, the well sits in the deepest producing gas field of the Dutch North Sea.L5a-D4 is a high pressure, high temperature well located in the L5a-D field, around 100 kilometers north of Den Helder…

Eddyfi/NDT Buys Norway's Halfwave

Feb 18, 2020

Eddyfi/ND, on non-destructive testing specialistd+ providing services for energy, mining, transportation industries announced today the acquisition of the subsea inspection company Halfwave, headquartered in Bergen, Norway. Halfwave is the owner…

UK Oilfield Services Firm Expands Facilities, Adds Jobs

Feb 18, 2020

UK-based well services and oilfield equipment rental company RMEC has expanded its total headcount to 43, on the back of a recent six-figure sum investment in its on-site test bay facilities.RMEC said this week the investment was aimed at maximizing…

Petrofac Lands Huge Offshore Deal with ADNOC

Feb 18, 2020

Petrofac Emirates, a subsidiary of the UK oilfield services company Petrofac, has signed two contracts worth $1.65 billion with Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates to deliver offshore platforms and gas processing facilities…

Shell, i-Tech 7 Team Up to Speed Up Subsea Digitalization

Feb 18, 2020

Subsea 7’s Life of Field business unit i-Tech 7 has partnered up with Shell in a technology agreement aimed at speed up subsea digitalization, initially for a period of five years from the fourth quarter of 2019.The agreement, i-Tech said Tuesday…

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