Even before the drastic drop in oil prices, deepwater extraction costs were under examination, as costs had nearly quadrupled in the past 10 years. The price collapse has created a greater urgency for rethinking how the industry does business…
Kongsberg Evotec, a fully owned subsidiary of Kongsberg Maritime, signed an agreement with Bourbon Offshore Norway for the delivery of the E-LARS launch and recovery system for remote operated vehicles (ROV). The delivery will take place in December 2015…
Norway's Ministry of Petroleum and Energy approved plans for Wintershall’s US$1.8 billion (NOK 15.3 billion) Maria development, offshore Norway. Maria development plan. Image from Wintershall. The Maria field…
Two additional contracts have been awarded for the Shah Deniz Stage 2 project, offshore Azerbaijan in the Caspian Sea, some 100km south of Baku, operator BP announced. FMC Kongsberg Subsea won a US$297 million contract for the supply of the subsea production system hardware…
Norwegian yard Westcon has been awarded a contract by Subsea 7 to deliver equipment to be used on the Martin Linge field. Westcon's contract with Subsea 7 covers three riser bases and associated protection structures, to be used on Total's Martin Linge field…
Kongsberg Maritime has been awarded a call-off order for delivery of the safety and automation system (SAS), life cycle simulator and SAS information management system for the four platforms on Statoil’s Johan Sverdrup development field center…
Delta SubSea entered into an agreement with Olympic Shipping for the Olympic Delta, a newly built multipurpose subsea support and construction vessel. Image of the Olympic Delta. From Delta SubSea…
A DNV GL-led subsea production systems (SPS) joint industry project (JIP) involving 20 industry players has made a major step forward in addressing this global industry with the first issue of a recommended practice (RP). “The JIP group…
Norway's Kongsberg Maritime and UK technology ABT Oil and Gas (ABTOG) (50% owned by Enegi Oil) have signed a collaboration agreement to work together on a proof of concept to demonstrate the effectiveness of normally unattended operations of facilities for the development of marginal fields…
Saipem awarded Kongsberg Oil & Gas Technologies a US$10 million contract for the delivery of subsea structures for the gas export pipeline project of the INPEX-operated Ichthys LNG Project. Image from Kongsberg…
Kongsberg Maritime Embient, with KONGSBERG partner company Contros Systems and Solutions, has been selected to develop and deliver innovative technologies and strategies for environmental monitoring during gas hydrate exploration and production…
CAGE, Centre for Arctic Gas Hydrate, Environment and Climate selected Kongsberg Maritime to develop and deliver two ocean observatories. Jürgen Mienert (Director CAGE, left) and Arild Brevik (Konsberg Maritime)…
FMC Technologies' Norwegian subsidiary FMC Kongsberg Subsea has agreed a frame agreement deal with Germany's Wintershall to supply subsea equipment on the Norwegian Continental Shelf, starting with a US$280 million project on the Maria development…
Kongsberg Maritime’s Hugin autonomous underwater vehicle (AUV) will provide offshore operation services to several survey providers including DOF Subsea of Norway, Fugro Geoservices of Lafayette US, Northwest Maritime of Norway and AXA Engehnaria Submarina of Brazil…
Kongsberg Maritime Embient last week received the 2014 Compass International Award for outstanding contributions to the advancement of marine science and technology from the Marine Technology Society (MTS). The German subsea technology specialist and systems integrator…