Subsea News

 

Enhanced IM of subsea control systems

May 01, 2015

Claire Zhao and Dharmik Vadel, of Clarus Subsea Integrity, discuss condition monitoring as a proactive approach to minimizing downtime. Control system failure is one of the top contributors toward unplanned shutdowns in offshore subsea production systems…

Offshore heavy oil economics

May 01, 2015

Jeannie Stell looks at offshore heavy oil development economics with an eye on the current low-price environment. ExxonMobil expects its 52-well Hebron development project offshore Newfoundland to bring in first oil in 2017…

Danfoss driving subsea pumping technology

May 01, 2015

The subsea factory could be here sooner than many believe and Danish firm Danfoss is helping drive the innovation that will make it happen. Emma Gordon reports. Chemical inhibitor system. Photos from Danfoss…

FMC to receive OTC award

Apr 30, 2015

FMC Technologies will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of a Spotlight on New Technology Award. The award, which honors innovative technologies that significantly impact offshore exploration and production…

Subsea Services Alliance in 15,000-psi intervention riser system

Apr 30, 2015

Subsea Services Alliance announces the first joint technology project between OneSubsea and Helix to engineer and manufacture a 15,000-psi intervention riser system. This jointly developed technology advances the alliance’s objectives…

ExxonMobil starts Kizomba Phase 2

Apr 30, 2015

ExxonMobil started oil production at the Kizomba Satellites Phase 2 subsea development project off Angola. The Kizomba B FPSO. From BP. Phase 2 of Kizomba is a subsea infrastructure development of the Kakocha…

OTC Spotlight Awards reward technological advances

Apr 29, 2015

This year’s OTC Spotlight Awards showcases innovation in offshore seismic, drilling, subsea operations, inspection, performance maintenance and monitoring, and more. Congratulations to the recipients!   MultiNode…

Drop in spending means shrinking backlogs

Apr 29, 2015

Oilfield services companies are putting a brave face on the continuing market downturn, despite some reporting shrinking order books.  Subsea 7 and Fugro reported shrinking order books in their 1Q results this morning.  Subsea 7’s…

McDermott forms Ghana JV

Apr 27, 2015

EPCI contractor McDermott International and Accra, Ghana-based Hydra Offshore Group have joined forces to create a new joint venture called, McDermott Marine Construction Ghana Limited (MMCGL), focused on opportunities offshore Ghana. McDermott's partner…

EIC: High value contracts awarded despite decline in overall quantity

Apr 27, 2015

The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…

KML adds second Cougar ROV

Apr 27, 2015

Keynvor MorLift (KML) added a second Saab Seaeye Cougar XT to their ROV fleet. Cougar XT ROV with detachable tooling skid. From KML. This new addition comes fully containerized and can be easily transported…

Applus wins Kaomodo contract

Apr 23, 2015

Applus RTD has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola.  As part of the largest ultra deepwater subsea, umbilicals, risers, flowlines (SURF) development, Applus RTD will…

OneSubsea inks BP West Nile Delta gig

Apr 23, 2015

OneSubsea is getting a piece of BP’s West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea. The scope…

Furgo sets seafloor drill record

Apr 23, 2015

Fugro set a new seafloor drill water depth record of 2923m (9589ft) while completing a combined sampling and piezocone penetration testing (PCPT) borehole to 62m (203ft) below the seafloor. Fugro seafloor drill…

Headwinds to continue thru 2015

Apr 23, 2015

Strong performance in its subsea business has helped Technip offset “unsatisfactory” onshore and offshore revenues despite industry headwinds, the firm’s CEO Thierry Pilenko announced today. But, the chairman of France’s Technip, which recently launched a new subsea joint venture…

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