Helix Energy Solutions Group, OneSubsea, and Schlumberger executed definitive agreements for the companies’ non-incorporated alliance, formed to develop technologies and deliver equipment and services to optimize the value chain of subsea well intervention systems…
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…
Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…
DNV GL and Subsea Global Solutions LLC. (SGS) announced the completion of an extensive joint research and development program that allows permanent repairs to be carried out by underwater wet welding on certain areas of vessels. With DNV GL’s approval…
Trelleborg’s subsea solutions, including its recently re-branded portfolio of thermal insulation materials and subsea seals, will be on display at the 2014 ONS Exhibition and Conference in Stavanger, Norway. Trelleborg Sealing Solutions…
Aker Solutions is to split into two separate companies to speed up a bid to reduce costs via streamlining and 'better position' the business in an increasingly competitive global energy industry. The subsea, umbilicals, engineering and maintenance…
The finalists for the annual Subsea Awards have been revealed with a mix of small start-ups and large, multi-nationals in contention for recognition during Subsea Expo. The winners will be announced at the gala dinner on Wednesday, February 5…
Siemens is hoping to have a complete subsea power grid installed on the seabed by 2018, according to its head of subsea power solutions. The division has been formed by Siemen’s acquisition of Bennex from Subsea Technology Group in 2011…
A new era is developing in subsea aftermarket service provision offshore Norway – one which is expected to set global standards. In 2010 production from subsea wells on the Norwegian Continental Shelf (NCS) outstripped production from surface wells for the first time…
Since the 1980’s, the Norwegian subsea industry has evolved to become a world-leading supplier of underwater equipment and technology. Oil and gas production across the world happens in ever deeper water, and the wells are increasingly complicated to operate…
ConocoPhillips Ltd. Australia Pty Ltd. has awarded FMC Technologies an order to supply subsea equipment for its Bayu Undan Phase 3 project. The order has an estimated value of US $26 million. The Bayu Undan field is located in the Timor Sea…
EMAS AMC, the subsea services division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and the operating brand of Ezra Holdings Limited, announced today that it has been awarded a subsea engineering…
Global oil and gas service provider AGR boosted its Australian business with the launch of a new division within the region and growth of its existing Perth-based offer. David Grant (Image: AGR)AGR’s new Subsea Project Management division enhances the company’s current service portfolio…
The era of the oil & gas industry is not over. Predictions for global energy demand can’t be met without an increasing utilization of petroleum recourses. And when many thought our industry was in decline, elephant discoveries in the North Sea…
Having launched its Fluor Offshore Solutions arm in 2008, Fluor has been busy situating itself to win subsea work when the offshore oil & gas market starts its uptick. The firm most recently announced an alliance with China's Offshore Oil Engineering…
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