M2 Subsea News

 

Subsea 7 Nets "Sizable" Contract Offshore Trinidad

Sep 01, 2020

Oslo-listed offshore services company Subsea 7 has won a 'sizable' contract for work offshore Trinidad & Tobago. This means the value of the contract falls between $50 million and $150 million.Subsea 7, which did not say who the client was, said the contract was for the project management…

ROV Operator Rovco Charters Glomar Wave Vessel for Offshore Wind Work

Jul 21, 2020

The UK-based operator of Remotely Operated Vehicles Rovco has chartered the Glomar Wave vessel from Glomar Offshore to support its work on offshore wind farms.Rovco said the 66.44m DP2 vessel would support a campaign of secured ROV projects to be undertaken by Rovco…

IOG Taps Subsea 7 for North Sea Project SURF

May 07, 2020

Offshore installation company Subsea 7 has won a contract by Independent Oil and Gas (IOG) to provide Subsea, Umbilicals, Risers, and Flowlines (SURF) for Phase 1 of IOG's Core Project in the UK Southern North Sea.Subsea 7 will be responsible for the project management…

Subsea 7 Bags Chevron's Anchor SURF Deal

Apr 14, 2020

Offshore installation and construction firm Subsea 7 has won a contract to deliver subsea equipment and flowlines for Chevron's Anchor development in the U.S. Gulf of MexicoThe US supermajor Chevron sanctioned the $5.7 billion deepwater Anchor project in December 2019…

Tidal Power Firm gets Funding from Scottish Gov't

Mar 25, 2020

Tidal energy developer MeyGen Ltd has been awarded a £1.545 million grant from the Scottish Government's Saltire Tidal Energy Challenge Fund.The proceeds will be used to develop a subsea tidal turbine connection hub for the next phase of development of the MeyGen tidal power array…

Deep Down to Repair Umbilicals for Two Oil Operators

Jan 10, 2020

Subsea equipment specialist Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs in the U.S. Gulf of Mexico and West Africa. The company said Friday that both projects included design, engineering…

Woodside Executes Sangomar Contracts As FDP Approved

Jan 10, 2020

Woodside has received final approval for its Sangomar oil field development plan in Senegal, and the Australian company has now entered the 'execute phase' of activities. The FDP approval comes just days after Woodside and its partners received…

Japan, Scotland Invest in Subsea Technology

Oct 11, 2019

Scottish and Japanese companies will receive £9 million from a joint fund to work together on innovative subsea technology.Combined with investment made by the companies themselves, a total of £20.9 million of industrial research and development will go ahead…

Talos Deploys USI Subsea Wellhead Cap in the GoM

Oct 09, 2019

Universal Subsea Inc. (USI) announced that its patent-pending Defender subsea isolation cap was installed to the Bulleit subsea well, operated by Talos Energy in the Gulf of Mexico at a water depth of 1,300 feet.The lightweight, thermoplastic cap was landed…

Subsea 7 Acquires 4Subsea

Oct 03, 2019

Services company Subsea 7 announced it has acquired 4Subsea, a provider of technology and services that delivers decision support to oil and gas and offshore wind operators.4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team…

McDermott, BHGE Score Ichthys Contracts

Jul 30, 2019

McDermott International and Baker Hughes, a GE company (BHGE), announced on Tuesday that the companies have been awarded contracts to provide a joint subsea umbilicals, risers and flowlines (SURF) and subsea production systems (SPS) solution…

Is There a Golden Opportunity for Jack-ups?

May 13, 2019

As oil prices continue to stabilize, operators are looking for the most efficient drilling and intervention methods to keep their downturn inspired cost savings in place.Jack-up rigs have long been known as the cheaper alternative to their floating cousins…

Subsea 7 Wins Three Woodside Contracts

Mar 06, 2019

Australia's Woodside Petroleum in recent months has awarded several oil and gas engineering contracts to Subsea 7 for two projects offshore Australia and one off Senegal, the offshore services company said on Wednesday.The three contracts awarded…

DOF Subsea Tallies Multiple Contracts

Mar 05, 2019

DOF Subsea announced Tuesday it has been awarded various contracts, securing utilization for vessels in the subsea inspection, maintenance and repair (IMR) projects segment.The company said its Atlantic region has been awarded a contract by…

ROVOP Acquires M2 Subsea's ROV Fleet

Oct 22, 2018

Remotely operated underwater vehicles (ROVs) operator ROVOP announced it has purchase of the entire fleet of 28 ROV systems from competitor M2 Subsea.Following a technical review, 19 of the systems meet the ROVOP standard and will be added to its fleet…

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