Subsea technology and developments have been essential to unlocking the Norwegian subsea industry, but they are being challenged by alternative solutions and need to up their game to thrive in the future, a senior Statoil executive told the Underwater Technology Conference in Bergen…
Space exploration and energy technology needs were shared at an event in near Oxford this week to see where cross over technologies in both industries could be identified. The event was run by Merchant Marketing Group and The Satellite Applications Catapult…
UK-based fluid transfer solutions firm FES International has won a contract to supply equipment to Eni's Offshore Cape Three Points (OCTP) project, 60km offshore Ghana. The project includes the combined development of the Sankofa Main…
FMC Technologies and Technip executed a business combination agreement (BCA) on 14 June 2016 regarding their proposed merger announced on 19 May. The execution of the BCA follows conclusion of the required work council consultation process in Europe…
MacGregor launched a fiber-rope retrofit option for its subsea cranes. The modular upgrade replaces the crane's original steel wire rope with high-performance synthetic fiber rope, using the same technology as MacGregor's fiber-rope crane…
Forum Energy Technologies (FET), a subsea technology provider, has unveiled a deepwater test facility and received industry accreditation for the calibration laboratory at its new European Operational Centre in Aberdeen. The primary purpose…
Fugro has been awarded a three-year contract for integrity management support (IMS) and intervention works for Det norske in the Norwegian sector of the North Sea. The offshore scope covers subsea assets at Alvheim, Vilje, Volund and Bøyla field developments…
Incidents relating to the installation and operation of high voltage subsea cables are the costliest cause of financial losses in the global offshore wind industry and led to insurance claims totaling more than US$67 million (€60 million) in 2015…
MPs and Cabinet Ministers will be urged to do everything they can to protect the US$13 billion (£9billion subsea) industry at a Parliamentary Reception this week, according to Subsea UK. The industry body is leading a delegation of high…
New business models able to handle ongoing volatility in the oil price are set to be the future of the North Sea industry, according to the CEO of Det Norkse. Karl Johnny Hersvik is set to lead a new company, Aker BP, which has been described as a “super independent…
The iXblue’s Phins Compact Family has been designed to offer the AUV industry players the ability to choose an inertial navigation system (INS) adapted to their vehicle. Based on iXblue’s fiber-optic gyroscope technology, Phins C3, C5, and…
Four individuals from the operating and contracting community have been chosen as the winners of this year’s Underwater Technology Foundation (UTF) Subsea Award for their efforts in seeing a new technology through qualification and into engineering…
The Norwegian Petroleum Directorate (NPD) has granted its consent to Statoil and its partners in Gullfaks production license 050 to start-up the facilities on the Rutil deposit on Gullfaks South, and to start producing. Illustration of Rutil…
Italy's Saipem is to lead the industrialization and commercialization of Springs ('Subsea PRocess and INjection Gear for Seawater'), a subsea water treatment technology designed for deep water application, developed in collaboration with oil major Total and water treatment specialist Veolia…
A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours. The two-year collaboration led by Norway-based DNV GL has resulted…
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