Offshore Subsea News - page 6

 

Poland's PGNiG Expects Over 100,000 Tons of Oil from Skogul in 2020

May 25, 2020

Polish oil company PGNiG said Monday it expects to produce about 115 tons of oil from the Skogul field offshore Norway in 2020.First oil from Skogul, located in the North Sea, offshore Norway was achieved in March, 2020. was achieved during the quarter…

Prysmian Targets Half of Sales from Low-Carbon Products by 2022

May 25, 2020

Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.The Italian company, which supplies cables for industries ranging…

EU Court Throws Out Nord Stream 2 Challenge

May 21, 2020

Europe's second-highest court on Wednesday rejected a challenge by the operators of the Nord Stream 1 and Nord Stream 2 pipelines against European Union gas rules, saying it was up individual member states to enforce them.Nord Stream 2, designed…

Rovco Expands ROV Fleet with Saab Seaeye Leopard Unit

May 21, 2020

Rovco, a company providing ROV and hydrographic services has expanded its ROV fleet with a Saab Seaeye Leopard ROV.The company said that the high-performance electric “Fast ROV” work-class platform increases Rovco’s service offering to support…

SMD Delivers Pre-Lay Plow to Boskalis

May 20, 2020

U.K.-based manufacturer Soil Machine Dynamics Ltd (SMD) said it handed over a purpose-built pre-lay plow to marine service providers Boskalis, for use at Ørsted’s offshore wind farm Hornsea Two.The multifunctional pre-lay plow will be used to…

Tanjung Offshore Nets 4-Year Contract with Hess

May 20, 2020

Malaysian offshore services provider Tanjung Offshore has secured a contract with Carigali Hess Operating Company, a Malaysian subsidiary of the U.S. oil company Hess Corp.The contract is for the provision of onshore fabrication, offshore hook-up and commissioning for infill flowlines…

Rystad: Oilfield Services Firms' Market Cap Halved. Offshore Drillers Have it Worst

May 15, 2020

Oilfield services companies have collectively lost almost half of their market capitalization, hit by the combination of the coronavirus pandemic and low oil prices, with offshore drillers, in particular, the most affected, Norway's Rystad Energy has said in its analysis released on Friday…

First Foundation Installed for Kriegers Flak Offshore Wind Farm

May 15, 2020

Following the arrival of Van Oord's Svanen heavy-lift vessel at the Kriegers Flak Offshore Wind Farm location offshore Denmark earlier this week, the first foundation has now been placed on the seabed, Vattenfall, the operator of what will be Denmark's largest offshore wind farm…

Santos Gets OK for Dorado Block Survey

May 13, 2020

Australia's offshore oil and gas safety body NOPSEMA has approved oil company Santos' plan to carry out a geotechnical and geophysical survey within Permit WA-437-P offshore W. Australia, containing the large oil discovery Dorado.Santos is planning…

Neptune Energy's Fenja Drilling in a World's First

May 13, 2020

Oil and gas company Neptune Energy has said it has carried out the world’s first dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.'In conjunction with the start-up of the Fenja drilling campaign last month…

TechnipFMC's Vessel Breaks Record Offshore Norway

May 12, 2020

Oilfield services provider TechnipFMC has said its Deep Energy vessel has set a new world record for the stiffest pipe ever installed from a Reel-Lay vessel. In a social media post on Tuesday, TechnipFMC said the landmark was achieved while…

Wood, NERA Team Up for AI-Powered Subsea Inspections

May 08, 2020

Oil and gas engineering firm Wood has teamed up with National Energy Resources Australia (NERA) to develop and deliver an AI Inspection tool for subsea oil and gas infrastructure.The companies say that the solution has the potential to revolutionize…

Subsea Umbilicals Demand Hit by COVID-19

May 07, 2020

Analysts from Norway's Rystad Energy expect that the global oil and gas investment cuts will severely hit demand for subsea equipment, with demand for subsea umbilicals expected to fall by 32%.Rystad sees just 713 kilometers (km) of lines ordered in 2020…

IOG Taps Subsea 7 for North Sea Project SURF

May 07, 2020

Offshore installation company Subsea 7 has won a contract by Independent Oil and Gas (IOG) to provide Subsea, Umbilicals, Risers, and Flowlines (SURF) for Phase 1 of IOG's Core Project in the UK Southern North Sea.Subsea 7 will be responsible for the project management…

Falcon ROV Chosen for Project off West Africa

May 06, 2020

A service provider in the West African offshore energy sector has ordered a Saab Seaeye Falcon, fully fitted for survey work.Lucas Inyama, Technical Director of Nigeria-based Geocadinal Integrated Services, said, “We ordered a survey customized…

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