OneSubsea has announced the successful commission and start-up of subsea boosting systems installed in ultra deepwaters, located in the Gulf of Mexico. Installed in depths of approximately 7000ft (2100m), the subsea boosting systems consist of three retrievable 3 MW single-phase pump modules…
Aker Solutions secured a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields. The contract has a fixed period of five years and may be extended by two years. It covers subsea engineering services…
Aker Solutions is reducing its Norwegian workforce by as many as 600 positions as the company takes necessary measures to strengthen the organization and boost competitiveness amid a continued market slowdown. Image from Aker…
A joint industry project (JIP) to standardize subsea processing systems has been kick-started by DNV GL with industry partners Petrobras, Shell, Statoil and Woodside. Subsea development projects have been under substantial pressure due to cost inflation and the low oil price…
Subsea processing market projections have consistently overestimated the growth of the market – DNV GL looked into why. Elaine Maslin reports. For the last 15 years a number of market outlooks…
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both…
Unlocking small pools of oil and gas on the UK Continental Shelf could open up £20 billion capital investment – but the clock is ticking, Subsea Expo heard. Studies have shown there are some 210 so-called small pools in the UK North Sea…
GE Oil & Gas has launched a subsea boosting joint industry project, among other new initiatives, at its annual meeting in Florence today. The subsea boosting JIP aims to develop a new and simplified subsea boosting system that has the…
Cameron stockholders voted to approve the merger agreement between the equipment manufacturer and Schlumberger today (December 18) at a special meeting. In late August, oilfield services giant Schlumberger announced it would acquire Cameron in a deal worth US$14…
GE Oil & Gas has agreed to acquire Norway's Advantec, a provider of subsea intervention equipment and services, to boost the company’s capabilities to offer cost-efficient products and services. Image from Advantec…
Most of the building blocks are in place for the all-subsea solution. But do they offer an attractive proposition? Elaine Maslin looks at DNV GL’s current thinking. Operations during the Åsgard…
Oil services giant Schlumberger (SLB) entered into a deal to acquire Cameron International in a US$14.8 billion stock and cash deal that will offer the industry’s first complete drilling and productions systems. Image from Schlumberger…
Safe Marine Transfer (SMT), under an initiative to develop a “Deepwater Permanent Subsea Pressure Compensated Chemical Storage and Injection System” has awarded OceanWorks a contract for a substantial engineering effort to define, engineer and quantify the equipment required…
The rewards on offer from subsea boosting technology were spelled out at the MCE Deepwater Development Conference in London this spring by Arne B. Olsen, sales director, pumps and subsea processing at OneSubsea. Meg Chesshyre reports. Gullfaks…
In the first installment of a two part series, Elaine Maslin takes a look at what all the clamor is about on standardization, what the industry is planning to do about it and what the results have been to date. Image from Statoil…
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