Subsea Production Systems News

 

Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil

Jun 13, 2025

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest…

Petrobras, TechnipFMC Kick Off Electric-Actuation Pilot in Brazil

Jun 13, 2025

TechnipFMC and Petrobras have agreed to test and monitor a new electric actuation technology that is set to join the TechnipFMC eSolutions portfolio of electrical subsea systems.Scheduled for integration into a subsea tree planned for installation in 2026…

Israel Orders Energean to Halt FPSO Production as Iran Launches Counterstrikes

Jun 13, 2025

British gas producer Energean said on Friday it has temporarily suspended the production and activities of its Power floating production storage and offloading (FPSO) located offshore Northern Israel due to the geopolitical escalation in the Middle East…

Topsides for Cenovus Energy’s West White Rose Platform En Route to Canada

Jun 13, 2025

Topsides for Canadian oil and gas firm Cenovus Energy’s West White Rose offshore platform, built by Kiewit Offshore Services in Texas, have started their journey to a field in Newfoundland waters.The 23,000 tonne topsides structure will be installed in the White Rose field in July…

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

Jun 12, 2025

TotalEnergies and its partners have signed a production sharing contract (PSC) extension for Block 17, located in deep waters offshore Angola.Block 17 is one of the country’s most prolific offshore oil exploration blocks and it is operated by TotalEnergies with Equinor…

Reach Subsea’s New 24-Meter USV Ready for Commercial Deployment

Jun 12, 2025

Norwegian subsea services firm Reach Subsea has taken delivery of the REACH REMOTE 2 uncrewed surface vessel (USV), which is now ready for deployment in commercial projects.This milestone signifies the successful completion of REACH REMOTE 2…

DNO Quadruples North Sea Production with Sval Energi Acquisition

Jun 12, 2025

Norwegian oil and gas operator DNO has completed the acquisition of Sval Energi Group from HitecVision, picking up 16 producing fields in Norway and quadrupling its North Sea production to 80,000 barrels of oil equivalent per day (boepd).DNO…

FourPhase Nets Shell Contract for its Caribbean Oil and Gas Platforms

Jun 12, 2025

FourPhase, a solids and production performance specialist for the oil and gas industry, has secured a master service agreement (MSA) with Shell Trinidad and Tobago, for work on its topside offshore oil and gas platforms in the Caribbean.The MSA involves sand management and production optimization…

JDR Wraps Up Type Test Qualification of Next-Gen Offshore Wind Cables

Jun 12, 2025

JDR Cable Systems (JDR), part of the TFKable Group, has completed two new type test qualifications at 132kV for static and dynamic array cables, supporting the next generation of fixed and floating offshore wind projects.The successful testing marks a critical step in delivering U…

NKT Picks OSBIT to Deliver ‘World’s Most Powerful’ Subsea Trencher

Jun 12, 2025

Danish power cable maker and services provider NKT has commissioned OSBIT, a U.K.-based original equipment supplier, to design and build the NKT T3600, set to become the world’s most powerful subsea trencher.To meet the high demand for high-voltage power cables needed for renewable energy…

Equinor Gets Green Light for Drilling Job in Barents Sea

Jun 12, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for wellbore 7117/4-1 in production license 1238.The license is operated by Equinor with 40% working interest…

Norwegian Firms Form Subsea Distribution Alliance

Jun 11, 2025

Norwegian firms HTS Dynamics, Connector Subsea Solutions, and TESS Subsea have launched the Subsea Distribution Alliance, targeting complete control and unmatched performance across the entire subsea distribution value chain.The Subsea Distribution…

Africa Energy Aims to Start Production in South Africa by 2033

Jun 10, 2025

Canada-listed Africa Energy Corp is aiming to start production from South Africa's largest gas discovery by 2033, its CEO said on Tuesday, as it forges ahead with a project former operator TotalEnergies walked away from.The company is awaiting…

Repsol Hires Halliburton for Well Lifecycle Optimization of North Sea Assets

Jun 10, 2025

Repsol Resources UK has hired Halliburton under a five-year contract to support the full well lifecycle on its oil and gas assets in the U.K. North Sea.Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments…

Aquaterra Energy to Deliver Well Services Work for North Sea CCS Project

Jun 10, 2025

Offshore engineering solutions provider Aquaterra Energy has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster.The project, which will initially…

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