Government agency Scottish Enterprise has revealed a new Subsea Engineering Action Plan with the aim of capturing an even bigger slice of the current £50 billion global subsea market. The news was announced as Scottish Government Minister for Business…
DOF Subsea North America has appointed Greg Donnelly as the new general manager of the DOF Subsea US team. Donnelly assumed responsibilities 16 January 2017 and will report directly to Marco Sclocchi, executive vice president North America…
Statoil awarded OneSubsea an engineering, procurement and construction (EPC) contract to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea. The scope of the contract includes a subsea template manifold system…
Steve Hall is to replace Bob Allwood as CEO of the Society of Underwater Technology (SUT) this April, following Allwood's retirement after seven years in the post. Hall has been chairman of the SUT's Education and Training Committee for…
Stabilizing oil prices have prompted producers to return to both shale and offshore projects, but the industry still needs to cut costs. A new workforce program offered by the University of Houston (UH) focuses on helping oil and gas…
Japan's Inpex completed the installation of a complex network of subsea infrastructure designed to support the extraction of gas and condensate for the Ichthys liquefied natural gas (LNG) project, offshore Western Australia. The final…
Statoil is set to move forward with more than half a billion dollar's worth of investment in the UK and Norwegian North Seas after getting the green light for its Utgard and Byrding projects. The move comes just as the firm is considering…
Subsea contractor Subsea 7 has made an offer of nearly US$320 million to take over Dutch offshore firm Seaway Heavy Lifting by acquiring the 50% stake in the firm it currently doesn't own. Seaway Heavy Lifting is a specialist offshore…
UK Export Finance (UKEF) will provide US$400 million in support for a GE Oil & Gas contract the Offshore Cape Three Points (OCTP) project in Ghana. UKEF will provide $400 million of support to the OCTP project, including a loan under its direct lending facility…
Norway’s Petroleum Safety Authority (PSA) has carried out an audit of Statoil's management of the subsea compression project at Gullfaks. Map of Gullfaks, from Statoil. In 2015…
Qinterra Technologies has been awarded a three-year wireline tractor and instrumented intervention services contract with a deepwater oil and gas operator in the US Gulf of Mexico, effective immediately. The scope of the contract includes tractor conveyance…
Inpex awarded Fugro a five-year subsea inspection, repair and maintenance (IRM) services contract for the Ichthys project in the Timor Sea. Ichthys is about 220km from the coast of Western Australia. The contract, awarded by Inpex Operations Australia…
Norway's Solstad Offshore (SOFF) has been awarded a subcontract with US-headquartered McDermott for the provision of light construction vessel services associated with Ichthys gas field development project, offshore Western Australia. Solstad's…
Malaysia's SapuraKencana Petroleum (SKPB) and UK-based engineering firm Proserv are joining forces to provide enhanced technology services offerings to clients in Asia Pacific. The firms will jointly provide a range of services across the drilling…
Webtool, a hydraulic cutting tools provider, will highlight its latest cable gripper and retrieval tools, and electrically operated subsea cutters at Subsea Expo 2017. The stand will feature the Webtool cable gripper, which allows the…