Offshore Subsea News

 

Sparrows Provides Cable Handling for Hornsea One

Mar 04, 2019

Sparrows Group Cable and Pipe Lay Solutions (CPLS) division has delivered its largest renewables project to date as part of three contracts awarded through VBMS; DEME Offshore, formerly known as Tideway; and DeepOcean. The work scope, part of…

Subsea Supply Chain Tightening -Proserv

Mar 04, 2019

As exploration and production (E&P) activity in the offshore oil and gas industry gradually accelerates, the global subsea sector is set to face supply chain challenges, predicts controls technology company Proserv.Industry consultants have…

Naviera Tramarsa Adds Another ROV

Feb 28, 2019

Offshore operator Naviera Tramarsa has extended its subsea vehicle fleet with a new Cougar XT remotely operated underwater vehicle (ROV) from manufacturer Saab Seaeye.The 2,000m rated Cougar XT will enter operations in May 2019, joining the company’s Saab Seaeye Falcon ROV…

Subsea 7 Profit Beats Forecast

Feb 28, 2019

Subsea 7 posted higher-than-expected fourth-quarter profits on Thursday and announced a special dividend payment as well as an extension of its share buybacks.The Oslo-listed offshore services provider's adjusted earnings before interest, tax…

Solstad Offshore Fixes CSV with Subsea 7

Feb 27, 2019

Norwegian offshore service and supply ship shipping company Solstad Offshore has won a four-year contract extension with the seabed-to-surface engineering company Subsea 7 for the construction support vessel (CSV) Normand Subsea.The duration of the contract is now firm until 31…

Subsea 7 Wins BP Work Offshore UK

Feb 27, 2019

Subsea 7 S.A. announced Wednesday it has been awarded a contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets West of Shetland and Northern North Sea…

Shell to Boost Ormen Lange Field Output

Feb 27, 2019

Royal Dutch Shell aims to boost output and recoverable reserves from its Ormen Lange gas field off Norway by installing subsea compressors, the head of its Norwegian operations said on Wednesday.Output from Shell-operated Ormen Lange, Norway's…

Enhanced Seismic Monitoring at Johan Sverdrup

Feb 26, 2019

Cabled subsea instrumentation will help increase the accuracy of time-lapse seismic data for Norwegian energy firm Equinor at the giant Johan Sverdrup oil field in the North Sea, about 87 miles west of Stavanger, Norway.From first production at the development…

Aker to Build Nova Digital Twin

Feb 25, 2019

Norwegian engineering company Aker Solutions has been appointed by Wintershall to build a complete digital replica of Nova production system in the Norwegian North Sea for data-driven engineering, production and maintenance decisions.Through two separate agreements…

Moog Focal Products for APL Norway AS

Feb 22, 2019

A Floating Storage and Offloading project in the Norwegian Sea is to benefit from high-end products for data and process control from MacArtney & Moog Focal.MacArtney has secured a contract from APL Norway AS, a Norwegian Mooring and Loading…

N-Sea Scores North Sea Contracts

Feb 21, 2019

UK and Netherlands-based subsea provider N-Sea said it has been awarded two multimillion dollar contracts for a pair of unnamed operators in the North Sea.Managed and supported by N-Sea’s Aberdeen base, the first is a three-year contract, awarded by an international operator…

Wood Bags EPCI Contract from Equinor

Feb 20, 2019

Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project.Effective immediately, Wood will…

Offshore ROV Market: $330m by 2025

Feb 17, 2019

The global market for remotely operated vehicles (ROVs), which are a vital part of underwater activities in offshore, is valued at USD 210 million  in 2018 is expected to reach USD 330 million by the end of 2025, growing at a CAGR of 6.3% during 2019-2025…

The “Disruption” in AUV Trends

Feb 15, 2019

Missions—it’s all a question of missions. The mission decides the payload, battery capacity, size and processing power of an autonomous underwater vehicle, or AUV. King among these is payload, from which market disruption is just waiting to happen…

Saab Seaeye Progresses Vehicle Residency

Feb 14, 2019

Saab Seaeye said it has shown that underwater e-robotic vehicles can dock at remote deepwater sub-resident docking stations for data transfer, assignment instructions and battery charging.The underwater robotics company said its Sabertooth hybrid…

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