Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers the following business segments: Subsea…
OneSubsea – a Cameron and Schlumberger company – Helix Energy Solutions Group, and Schlumberger announced that they have entered into a letter of intent to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems…
A second confirmed design contract for Wärtsilä's new series of arctic platform supply vessels has been signed. This latest order is for a multi-purpose platform supply vessel (MPSV) being built by Tersan Shipyard in Turkey on behalf of US-based Tidewater Inc…
Proserv appoints two vice presidents to its senior management team. Paul Douglas has been promoted to the role of VP operations with Bruce Stuart joining Proserv as VP sales and business development for Europe and West Africa (EWA) from FMC Technologies…
Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) began oil production from the first well at the Bonga North West deepwater development, off the Nigerian coast, approximately 120km offshore the Gulf of Guinea, on 5 August. Oil…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
EMAS AMC, the subsea services division of Ezra Holdings, has been awarded several projects around the world worth close to US$110 million, including options. The scope of work for the projects include the transport and installation of subsea structures in Africa…
Production began from two “high-rate” wells at Murphy Oil’s Dalmatian development in the US Gulf of Mexico. The US-based company announced that the project came online during its 2Q 2014 earnings report. Murphy Oil said the results were “better than planned…
Hydra Offshore Ltd. and Wood Group Ghana Ltd. cement a long-term relationship for subsea engineering services in Ghana. Ghanaian company Hydra Offshore has signed a two-year contract to provide local engineering support to Wood Group Ghana…
The Mariner development concept. Images from Statoil. The Mariner heavy oil field took 40 years, 12 oil companies, five seismic surveys, and 18 exploration/appraisal wells to get to where it is today…
Ingrid Sølvberg, director for the Norwegian and Barents seas, Norwegian Petroleum Directorate. Photo from UTC. Challenges to produce new areas, like the Barents, and extend the life of more mature regions…
Rising subsea development costs have led Statoil to set a target for 20-30% cost reduction on projects. Elaine Maslin reports from the Underwater Technology Conference. Subsea – facing new realities” was the slogan for this year’s Underwater Technology Conference (UTC) in Norway…
The J-Lay test rig applies a 20 te vertical load via the rollers whilst pulling the product through. Image from Trelleborg Offshore. Specifying the right vortex induced vibration…
Huisman’s 900-tonne RL-KBC with long outreach. Photos from Huisman. Subsea 7’s Seven Arctic is due for delivery in 2016. Its 900-tonne capacity crane was developed in close cooperation with Huisman…
The Leman compression module at HSM Offshore, Schiedam. Photos from HSM Offshore. HSM Offshore has added new contracts to its order book, but more could be done by the industry to reduce costs and more efficiently use assets…
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