Subsea Lifting News

 

Subsea Vehicles: To Be (resident), or Not to Be?

Oct 11, 2021

That’s the question? Or, more specifically, are there alternative ways of delivering robotics to where they’re needed without having to have seabed docking stations? Elaine Maslin takes a look.  The idea for some kind of resident subsea vehicle has been around for some time. From BP’s considerations in 1986 for an integrated ROV launch system onboard the SWOPS oil production system to support subsea…

Inadequate Planning, Execution Led to 35.2-ton Slip Joint Dropping from Offshore Rig in Norway

Oct 31, 2022

Inadequate planning and execution led to a 35.2-ton slip joint unintentionally dropping from Odfjell Drilling's offshore drilling rig to an offshore supply ship before ending up on the seabed offshore Norway in March this year, an investigation by the Petroleum Safety Authority Norway has shown…

MMA Offshore to Support Beach Energy Operations in Bass Strait, Australia

Oct 10, 2022

Australian offshore vessel owner MMA Offshore has secured a vessel contract with the oil and gas company Beach Energy.The MMA Coral will provide vessel support to Beach Energy’s two production platforms located in the Bass Strait, offshore Australia…

Seaway 7, Subsea 7 Revise Guidance on Offshore Wind Project Issues

Jun 13, 2022

Seaway 7, a fixed-bottom offshore wind installation affiliate of Subsea 7, on Monday revised its adjusted EBITDA guidance for the full year 2022, citing issues with offshore wind projects in the Netherlands and Taiwan.The company said its revenue…

Subsea 7 to Deliver Pipelines for Hanz Field Development in Norway

Dec 17, 2021

Subsea installation specialist Subsea 7 said Friday it had won a 'sizeable' contract with Aker BP for the Hanz field development located in the North Sea, offshore Norway. Subsea 7 defines a sizeable contract as being between $50 million and $150 million…

Seaway 7, OHT Merger Complete

Oct 01, 2021

Offshore installation giant Subsea 7 has informed that the merger between its offshore wind subsidiary Seaway 7 and offshore and heavy lift vessel owner OHT has been completed.Subsequent to the combination, first proposed in July 2021, OHT ASA will be re-named Seaway 7 ASA…

Helix Nets Multi-year Well Intervention Deal in U.S. Gulf of Mexico

Sep 14, 2021

Offshore oil and gas well services company Helix Energy Solutions said Monday it had won a multi-year riser-based well intervention scope of work with an unnamed major operator for the charter of the Helix Q5000 and 15K Intervention Riser System in the US Gulf of Mexico…

Executive Team Selected for New Offshore Wind Installation Firm

Sep 02, 2021

Offshore installation specialist Subsea 7 on Thursday announced the proposed executive team for Seaway 7, the company set to be created through the merger of OHT and Subsea 7's renewables business unit, as proposed in July 2021.Seaway 7, an offshore wind installation giant in the making…

Offshore Wind Installation Giant in the Making: Subsea 7 to Merge Renewables Business with OHT

Jul 08, 2021

Subsea energy services firm Subsea 7 said Thursday it had agreed to merge its renewables business with OHT, and Oslo-listed heavy lift and transportation vessel owner which is building a fleet of offshore wind installation vessels, too.The combined…

Nexans to Deliver Umbilicals for Equinor's Offshore Oilfield in Brazil

May 19, 2021

Subsea Integration Alliance, a partnership between OneSubsea and Subsea 7, has awarded offshore cable firm Nexans a contract to deliver umbilicals for Equinor's Bacalhau project offshore Brazil.Under the contract, Nexans will design, manufacture…

Subsea 7 Expects 2021 Results to be Adversely Impacted by Virus, But Forecasts Rise in Revenue

Feb 25, 2021

Offshore installation contractor Subsea 7 expects its 2021 results to be adversely impacted by costs associated with the Covid-19 pandemic, including more contagious, new variants of the virus.Despite this, the company expects that revenue in 2021 will exceed the 2020 revenue level…

First Subsea and James Fisher Decom Tool Hits Testing Milestone

Dec 01, 2020

First Subsea and James Fisher Offshore (JFO) have this week said they've completed a significant testing milestone in their joint development of a combined Internal Cut and Lift tool, as part of an Oil and Gas Technology Centre (OGTC) co-investment…

New Report Examines Offshore Hydrogen Embrittlement Issues

Nov 04, 2020

Offshore lifting hoists and chains solutions provider William Hackett has published an industry report aiming to help minimize the risk of Hydrogen Embrittlement (HE) and Stress Induced Corrosion Cracking (SICC). The report includes guidance on material choices used in topside and subsea lifts…

UK: Subsea Expo Delayed Due to Covid-19 Restrictions

Nov 04, 2020

Subsea Expo - a UK-based event focused on subsea engineering - has been postponed due to the current coronavirus-imposed restrictions.Subsea UK, the organizer of the event said Wednesday that the three-day conference and exhibition, along with the annual Subsea Awards dinner…

Wintershall Dea Installs Nova Field Risers

Sep 03, 2020

Oil and gas company Wintershall Dea has completed the installation of the risers for the Nova field development in the Norwegian North Sea, with development drilling set to follow.The Nova field is being developed as a subsea tie-back, connecting two templates to Neptune Energy's Gjøa platform…

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