GE’s new 20,000psi-rated BOP recently secured a contract with Maersk Drilling as part of BP’s own Project 20K program. Jerry Lee reports on the new BOP and its control system. Completed GE BOP stack. All images from GE…
Apache North Sea Ltd. awarded STATS Group a contract to safely isolate the Forties Pipeline System (FPS) in the North Sea. The contract is for subsea isolation valves (SSIV) and piping spools to be safely installed and leak tested. This…
BMT Scientific Marine Services (BMT), a subsidiary of BMT Group, has been selected by Saipem to supply the riser integrity monitoring systems for Total's Egina development located 150km off the coast of Nigeria. The Egina field, discovered in 2003…
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
Hess Corp. is moving forward with the US$6 billion development of the Stampede Field in the deepwater Gulf of Mexico after a final investment decision was reached. Stampede, a joint development of the earlier Knotty Head and Pony discoveries…
Technip was awarded a substantial subsea contract by Chevron Indonesia for the Bangka Development, located in Rapak PSC area, approximately 70km offshore the province of East Kalimantan, Indonesia. The contract covers engineering, procurement…
Kleven’s Myklebust Verft signed a contract with Ocean Yield ASA for modifications of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV). The Aker Wayfarer. From Aker Solutions…
The world’s first subsea wet gas compressor station is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015, says Statoil. By adding 22MM boe extra from the…
The government of Nova Scotia awarded Petrofac a contract to help identify the best ways to exploit the province’s ultra deepwater oil potential. Under the terms of the agreement, Petrofac is expected to deliver a development study for…
Claxton Engineering was awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and pinning…
FMC Technologies Inc. signed a 10-year global frame agreement with BG Group to supply subsea equipment and services for BG developments worldwide. FMC mentioned the award from BG Group during its earnings call on 22 October 2014. This…
Aberdeen’s Ashtead Technology launched a first-of-its-kind subsea training academy in Aberdeen in the world-renowned subsea center of excellence at Westhill. Ashtead has invested more than US$804,000 in theAshtead Subsea Technology Training…
Even as European stalwarts like Statoil champion for a standardized, “Lego-style” subsea factory, it was the topic of the day at the Houston Technology Center’s Deepwater Technology Symposium. Speakers from DeepStar, FMC Technologies…
Energy services company Proserv has signed an agreement to be acquired by major US private equity investor Riverstone Holdings LLC. Riverstone Global Energy and Power Fund V, LP, in partnership with Proserv management, will acquire 100% of Proserv shares from Intervale Capital…
OneSubsea signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. The agreement establishes a framework for BG to pursue a standardized approach to subsea production technology…
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