Offshore Equipment News - page 6

 

Cost Cuts Pay Off for NOV

Feb 07, 2020

National Oilwell Varco beat estimates for its fourth-quarter profit on Thursday, as the oilfield services provider cut costs to counter an ongoing decline in North American drilling activity. Lower crude prices and investor demand for higher returns have forced U…

Veolia's Seawater System for MODEC FPSO

Jan 31, 2020

Japanese FPSO giant MODEC has ordered a seawater treatment package for the FPSO Almirante Barroso from Veolia Water Technologies.Under the contract, Veolia will be responsible for the design and procurement of equipment with construction for a seawater treatment plant sizedfor 280…

Uptick for Subsea Tree Installs Coming

Jan 30, 2020

Increasing activity, led by scaled down, accelerated projects and subsea tiebacks is helping drive an increasing business in the subsea industry. But there’s slim chance of revisiting the boom days of 2013, the Society of Underwater Technology’s…

Subsea Integration Alliance in Bacalhau Field SURF Award

Jan 30, 2020

Subsea Integration Alliance, a JV between Subsea 7 and OneSubsea, has been awarded an exclusive contract by Equinor for the Front End Engineering Design (FEED) study for the SURF (Subsea, Umbilical, Risers and Flowlines) on its Bacalhau (formerly Carcará) project…

Prysmian's Umbilicals for Petrobras' Mero 1

Jan 27, 2020

Offshore cable specialist Prysmian has been selected to supply steel tube umbilicals for Petrobras' operated Mero offshore oil field in Brazil.Prysmian will supply its steel tube umbilicals for the Mero 1 ultra-deep-water development. The contract…

New Crane Booms for Swire's Pacific Osprey

Jan 24, 2020

Offshore wind farm installation company Swire Blue Ocean has awarded Blue Water Shipping a contract to transport new crane boom for its Pacific Osprey jack-up unit.Blue Water Shipping will transport Pacific Osprey’s new crane boom from NOV’s manufacturing yard to Denmark aboard SAL’s M/V Wiebke…

Baker Hughes Profit Misses Estimates

Jan 22, 2020

Oilfield services provider Baker Hughes Co missed analysts' estimates for quarterly profit on Wednesday, hit by lower orders in its business that supplies turbines and compressors to liquefied natural gas (LNG) producers. Orders in the unit fell 10% year-over-year…

Halliburton Posts $1.7B Loss, Beats Estimates

Jan 21, 2020

Halliburton Co beat analysts' estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion.International…

SOFEC to Supply Sangomar FPSO Turret Mooring System

Jan 20, 2020

SOFEC announced it has been awarded a contract from MODEC to supply an external turret mooring system for a floating production, storage and offloading (FPSO) vessel for the Sangomar project offshore Senegal.SOFEC will be responsible for all engineering…

PSW Takes Over EMAS Spoolbase In Norway

Jan 16, 2020

Norway's PSW Group has taken over the operation of the former EMAS spoolbase located in Gulen Industrial Harbor, Western Norway. In a statement on Wednesday, PSW Group said the agreement to take over the spoolbase covered all activities related…

Crosby Takes Over Mooring Equipment Firm Feubo

Jan 14, 2020

US-based lifting and rigging accessories manufacturer Crosby has completed the acquisition of offshore mooring company Feubo.The purchase includes the Feubo facility located in Hattingen, Germany that will become Crosby’s center of excellence for mooring components…

Replacement Turret for Lufeng FSO Completed

Jan 10, 2020

SOFEC said it has loaded out of the replacement turret for the floating storage and offloading unit (FSO) HYSY121 at the Lufeng field, in the South China Sea.The construction was completed at Penglai Jutal Offshore Engineering Heavy Industries Co…

OneSubsea to Supply 20K SPS for Chevron's Anchor

Dec 12, 2019

Oilfield services company Schlumberger announced Thursday that its subsea arm has received a contract from Chevron to provide an integrated subsea production and multiphase boosting system for the deepwater Anchor field in the US Gulf of Mexico…

Seatool’s Plug-and-Play Subsea HPU Range

Dec 10, 2019

Seatools offers a new range of subsea hydraulic power units (SHPUs) which come as true plug-and-play solutions.“We believe this new product range proposes a unique offering,” said Johan Sol, Business Development Manager at Seatools. “Complementing…

Subsea 7 Wins Julimar-Brunello Contract

Nov 28, 2019

Offshore services company Subsea 7 said it has been awarded a contract from Woodside for the execution of phase 2 of the Julimar-Brunello Project, approximately 200 kilometers offshore North Western Australia.Subsea 7 said its full scope of work will be to design…

Current News

Guyana Nears Deal with Exxon for Payara Project

Guyana Nears Deal with Exxon for Payara Project

Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry

Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry

Petrobras Eyes Sale of Albacora Offshore Fields

Petrobras Eyes Sale of Albacora Offshore Fields

OHT set for Merkur Market Debut

OHT set for Merkur Market Debut

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