Offshore Subsea News

 

Swagelok

Oct 12, 2012

Swagelok has acquired the assets of Erie, Pennsylvania-based Innovative Pressure Technologies. IPT manufactures high and medium pressure subsea valves, fittings and fluid control devices.

Caribbean concerns

Oct 01, 2012

As a number of Caribbean nations set sights on developing potential deepwater reserves, concerns have surfaced about the region’s ability to respond to a Macondo-style subsea leak. The topic is especially prominent in a swath of sea where tourists…

Frade seeps continue to haunt

Oct 01, 2012

Oil seeps at Chevron’s Frade field nearly a year ago have led Brazilian regulator ANP to assess millions in fines against Chevron and ultimately halted output at the troubled Campos Basin field. In November 2011, Chevron P&A’d an appraisal well…

Magnet motor key to subsea step change

Oct 01, 2012

Full qualification testing of a 3.2MW multiphase subsea pump system capable of operation in pressures up to 5000psi has now been completed, FMC Technologies and Sulzer Pumps confirmed during Stavanger’s ONS show.Unveiling the new system, Tore Halvorsen…

Rig delays dampen deepwater carnival

Oct 01, 2012

Brazil’s oil & gas potential continues to grab the industry headlines, with Petrobras confirming more than a score of offshore discoveries, most of them deepwater, in the last 18 months alone. Newcomer OGX confirmed a number of discoveries too…

Teledyne Impulse-PDM

Sep 12, 2012

Teledyne has acquired the parent company of PDM Neptec, a UK-based provider of underwater cables, fibre optic and electrical subsea connectors. The acquired company will now operate under the name Teledyne Impulse-PDM.

Jubilee points way for Prosperidade

Sep 01, 2012

Anadarko Petroleum has taken on a challenging project with the Prosperidade development in Mozambique. But the company plans to draw on lessons from its involvement in Ghanas Jubilee field development to unlock Mozambiques huge gas resources…

Subsea sector recruitment: rekindling a love of engineering

Sep 01, 2012

The extreme shortage of skilled personnel in the oil & gas industry is arguably the industry's biggest challenge today. Technical solutions may have changed but new challenges remain, particularly in the specialist area of subsea engineering…

Clever coatings

Aug 17, 2012

New from Jotun are two new high performance coatings developed specifically for the the offshore industry and conforming with ISO20340 and Norsok M501 standards.Barrier Plus, a two-component zincrich epoxy primer, is said to provide optimal…

ROV moonpool handling systems

Aug 17, 2012

Two complete ROV moonpool handling systems are to be delivered by Norwegian specialist Rapp Hydema for Ezra Marine Service’s newbuild vessel Constellation. The new-generation systems are designed for work class ROV operations down to 4000m.…

Aker Solutions

Aug 17, 2012

Aker Solutions has acquired two Norwegian companies, Subsea House and SSH Engineering, from Subsea Holding. The deal, due to complete in 3Q 2012, includes a subsea test facility for subsea products, systems and tools.

Bredero Shaw

Aug 17, 2012

Bredero Shaw bagged its second contract for the Inpex/Total Ichthys LNG project in Australia. Awarded by McDermott and worth over $100 million, it calls for pipeline coating and related services for the project’s flowlines and tie-in spools.

David Stephen appointed GM Europe-Africa for Positioneering

Aug 17, 2012

David Stephen has been appointed GM Europe-Africa for Positioneering, an Aberdeen startup company providing GNSS-based positioning services for the offshore market. He joins from Specialist Subsea Services where he was GM of the Caledonian-Geotech division…

North West European Continental Shelf Oil & Gas Activity

Aug 17, 2012

Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…

Subsea hardware spend rebounds

Aug 01, 2012

Oil & gas companies will spend roughly $135 billion on subsea hardware between 2012 and 2016, an increase of 14% over the preceding five-year period, according to a new report from Douglas-Westwood.Spending took a hit in 2010 and 2011 as the…

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PGS Calls off Debt Refinancing, Shares Fall

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