Subsea News

 

FET opens Houston Syntech plant

Jul 25, 2016

Forum Energy Technologies (FET) has opened a new plant near Houston expanding its syntactic foam manufacturing capabilities. The six-acre facility in Bryan, Texas, brings Forum’s Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth…

OneSubsea selects Nexans for Greater Enfield, Australia

Jul 25, 2016

OneSubsea has ordered umbilical and accessories from French firm Nexans as part of work to develop the Greater Enfield development, off Exmouth, Western Australia. The project, worth around US$21.9 million (€20 million), will see Nexans' first product installed in Australia…

SapuraKenana inks Pemex Mexico pipeline job

Jul 25, 2016

SapuraKencana’s wholly-owned subsidiary, SapuraKencana Mexicana has been awarded a contract worth approximately US$113 million from Pemex. The contract is for the procurement and construction of a 36in, 18km-long sour gas pipeline (KMZ…

NOV buys Kongsberg's Subsea Products

Jul 22, 2016

Kongsberg Oil & Gas Technologies has signed a purchase agreement with a subsidiary of National Oilwell Varco (NOV) regarding the sale of its Subsea Products business. The sale includes Thor Tie-In, Weaklink, Pipeline Structures (typically PLEM…

Well intervention market to grow 4.3% CAGR to 2021

Jul 21, 2016

A new report from Reports and Reports called 'Global Well Intervention Market 2016-2021,' says worldwide, well intervention is forecast to grow at a CAGR of 4.34% from 2016-2021, on account of rising demand in the oil and gas energy along with aging well assets…

First Subsea connector for Gina Krog

Jul 20, 2016

Subsea connector specialist, First Subsea, has supplied a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian North Sea…

Exxon joins V-IR JIP

Jul 19, 2016

ExxonMobil has joined a joint industry project (JIP) to develop Viper Subsea’s innovative V-IR system.  ExxonMobil has joined the V-IR project, which has been established through the Industry Technology Facilitator (ITF), at a crucial…

ROS releases new ROV products

Jul 19, 2016

Remote Ocean Systems (ROS) has released three new products for ROVs, research, and oil and gas. The L350 Full Range Dimming LED is an underwater LED floodlight that allows full range dimming up to 7500 Lumen. Designed with the offshore operator in mind…

Subsea UK: Subsea diversification is key

Jul 18, 2016

With global offshore wind expenditure expected to reach about US$288 billion (£210 billion) over the next 10 years, Subsea UK is encouraging companies to expand into the renewables sector to sustain long-term growth. The industry body…

What to see at Deepwater Intervention Forum 2016

Jul 18, 2016

The 12th Annual Deepwater Intervention Forum (DIF), presented by OE, kicks off in Galveston, Texas, this 9-11 August, which will feature industry-leading experts from the subsea intervention space. DIF exhibit hall in 2015…

AFGlobal to acquire MHWirth subsidiary

Jul 15, 2016

Houston-based AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth. The resulting combination of companies will offer technologies covering both onshore and offshore applications, including deepwater managed pressure drilling (MPD)…

OneSubsea wins Woodside supply

Jul 14, 2016

OneSubsea has been awarded an engineering, procurement and construction contract totaling approximately US$300 million from Woodside Energy. OneSubsea will supply a subsea production system and a dual multiphase boosting system for the Greater Enfield Project…

DONG, Faroe in US$70 million five field deal 

Jul 14, 2016

DONG E&P Norge is divesting its shares of five Norwegian oil and gas fields to Faroe Petroleum in a US$70.2 million deal, as Faroe moves to raise $81 million (£60.8 million) to fund the acquisition, as well as accelerate its Brasse discovery towards development…

NPD completes four ROV dives

Jul 14, 2016

The Norwegian Petroleum Directorate (NPD) has carried out four successful ROV (remotely operated underwater vehicle) dives and has acquired depth data (bathymetry) near the Vøring Spur in the western Norwegian Sea. Figure 1…

Tenaris opens Thai service center

Jul 13, 2016

Tenaris has inaugurated its first service center in Thailand in order to serve Chevron. From Songkhla, an important harbor on the Gulf of Thailand, Tenaris will supply the major OCTG and Rig Direct services. Tenaris will provide 80,000-ton of chrome and carbon casing and tubing…

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