Subsea News


Wellhead Fatigue Mitigation System Deployed off NZ

Jul 31, 2019

Trendsetter Vulcan Offshore (TVO) has contracted with independent oil and gas company Tamarind Resources to provide its next-generation Wellhead Fatigue Mitigation Systems for deployment offshore New Zealand. The new system alleviates the impact of modern…

Teledyne Marine Opens Vehicles Service Center

Jul 31, 2019

US-based Teledyne Marine said it has opened a Vehicles Service Center at the Teledyne Reson office in Slangerup, Denmark.The expanded facility in Slangerup will support the large number of LBVs, vLBVs, and Z-Boats throughout Europe, the company said…

BHGE Adjusted Profit More Than Doubles

Jul 31, 2019

Baker Hughes, General Electric Co's oilfield services arm, reported a better-than-expected quarterly profit on Wednesday, helped by higher activity in LNG markets and rise in international demand for oilfield services.Revenue from the company's oilfield services segment…

Swiber Forms JV with Hilong Marine

Jul 31, 2019

Singapore offshore company Swiber Holdings' wholly-owned subsidiary, Swiber Offshore Construction (SOC) has entered into a shareholder's agreement with Hilong Marine Engineering (HME) to establish a joint venture company in Singapore.The shareholders…

McDermott, BHGE Score Ichthys Contracts

Jul 30, 2019

McDermott International and Baker Hughes, a GE company (BHGE), announced on Tuesday that the companies have been awarded contracts to provide a joint subsea umbilicals, risers and flowlines (SURF) and subsea production systems (SPS) solution…

New Mooring Solution for Kincardine OWF

Jul 30, 2019

First Subsea said it will provide platform mooring connectors to the world’s largest floating offshore wind farm.The company, part of the First Tech Group based in Aberdeen, has confirmed its secured the contract with Spanish developer and construction…

First Subsea Installations Begin at Duva

Jul 30, 2019

The first subsea installation and construction campaign for the Duva field development is now underway with the installation of the Integrated Template Structure (ITS), Neptune Energy said on social media on Tuesday.The ITS is the first large…

TechnipFMC: Record Orders, Backlog in Q2

Jul 25, 2019

Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…

Deep Blue Heads for Brazil

Jul 24, 2019

TechnipFMC’s flagship deepwater pipelay and construction vessel is embarking on a large-scale subsea project laying pipeline on the Equinor-operated Peregrino Phase 2 Project in the Campos Basin offshore Brazil.According to TechnipFMC, Deep…

MMA Offshore Acquires Neptune Marine Services

Jul 24, 2019

Australian offshore services company MMA Offshore said it has entered into an agreement to acquire the business of compatriot subsea services firm Neptune Marine Services by acquiring NMS's key operating subsidiaries.The purchase consideration…

UK-Denmark Subsea Power Cable Gig Awarded

Jul 24, 2019

The Italian electric power transmission specialists Prysmian, German multinational conglomerate Siemens and Swedish cable manufacturer have secured contracts worth a total 1.1 billion euros ($1.2 billion) to build the world’s longest subsea power cable…

OneSubsea Awarded Chevron Master Agreement

Jul 23, 2019

Chevron has awarded OneSubsea a 20-year subsea equipment and services master contract for development projects in the Gulf of Mexico, the subsea supplier’s parent company Schlumberger announced on Tuesday.Combining this master contract with…

TechnipFMC Bags Seagull iEPCI Award

Jul 22, 2019

TechnipFMC announced on Monday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Neptune Energy for the Seagull project, located in the UK North Sea.The contract, which is said to be worth $75 million-$250 million…

Emerson Enables Automation at Shah Deniz 2

Jul 22, 2019

US based technology company Emerson said it has completed its $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan and is fulfilling an ongoing five-year services contract to help ensure reliable…

Lamont Takes Over as ROVOP CEO

Jul 22, 2019

Subsea robotics firm ROVOP announced on Monday that its chairman David Lamont will assume the position of CEO with immediate effect, taking over for Steven Gray who is stepping down after eight years in the role.“I have enjoyed working with…

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