Subsea News


Subsea Services Alliance in 15,000-psi intervention riser system

Apr 30, 2015

Subsea Services Alliance announces the first joint technology project between OneSubsea and Helix to engineer and manufacture a 15,000-psi intervention riser system. This jointly developed technology advances the alliance’s objectives…

ExxonMobil starts Kizomba Phase 2

Apr 30, 2015

ExxonMobil started oil production at the Kizomba Satellites Phase 2 subsea development project off Angola. The Kizomba B FPSO. From BP. Phase 2 of Kizomba is a subsea infrastructure development of the Kakocha…

OTC Spotlight Awards reward technological advances

Apr 29, 2015

This year’s OTC Spotlight Awards showcases innovation in offshore seismic, drilling, subsea operations, inspection, performance maintenance and monitoring, and more. Congratulations to the recipients!   MultiNode…

Drop in spending means shrinking backlogs

Apr 29, 2015

Oilfield services companies are putting a brave face on the continuing market downturn, despite some reporting shrinking order books.  Subsea 7 and Fugro reported shrinking order books in their 1Q results this morning.  Subsea 7’s…

McDermott forms Ghana JV

Apr 27, 2015

EPCI contractor McDermott International and Accra, Ghana-based Hydra Offshore Group have joined forces to create a new joint venture called, McDermott Marine Construction Ghana Limited (MMCGL), focused on opportunities offshore Ghana. McDermott's partner…

EIC: High value contracts awarded despite decline in overall quantity

Apr 27, 2015

The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…

KML adds second Cougar ROV

Apr 27, 2015

Keynvor MorLift (KML) added a second Saab Seaeye Cougar XT to their ROV fleet. Cougar XT ROV with detachable tooling skid. From KML. This new addition comes fully containerized and can be easily transported…

Applus wins Kaomodo contract

Apr 23, 2015

Applus RTD has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola.  As part of the largest ultra deepwater subsea, umbilicals, risers, flowlines (SURF) development, Applus RTD will…

OneSubsea inks BP West Nile Delta gig

Apr 23, 2015

OneSubsea is getting a piece of BP’s West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea. The scope…

Furgo sets seafloor drill record

Apr 23, 2015

Fugro set a new seafloor drill water depth record of 2923m (9589ft) while completing a combined sampling and piezocone penetration testing (PCPT) borehole to 62m (203ft) below the seafloor. Fugro seafloor drill…

Headwinds to continue thru 2015

Apr 23, 2015

Strong performance in its subsea business has helped Technip offset “unsatisfactory” onshore and offshore revenues despite industry headwinds, the firm’s CEO Thierry Pilenko announced today. But, the chairman of France’s Technip, which recently launched a new subsea joint venture…

FTO riserless light well intervention

Apr 22, 2015

FTO Services shows its riserless light well intervention at work in this video.  Riserless light well intervention is able to reduce well intervention costs by eliminating the need to use a drilling rig and it also increases the number of well interventions that can be performed…

MacGregor cranes for seabed miner

Apr 21, 2015

MacGregor, part of Cargotec, has been awarded a contract by Fujian Mawei Shipbuilding Ltd. for two subsea knuckle boom cranes to be installed on the world's first seabed mining vessel.  Delivery of the cranes is scheduled for 1Q 2017.  The…

Five years after Deepwater Horizon

Apr 21, 2015

This week commemorates the fifth anniversary of one of the worst oil spills in US history. On 20 April 2010, 11 lives were lost when BP’s Macondo well blew out, spilling millions of barrels of oil, igniting not just a fire, but change within the oil and gas industry…

DNV GL subsea RP delivers first results

Apr 20, 2015

A DNV GL-led subsea production systems (SPS) joint industry project (JIP) involving 20 industry players has made a major step forward in addressing this global industry with the first issue of a recommended practice (RP). “The JIP group…

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