Engineering and construction firm McDermott International has announced a string of new contracts offshore Australia and a few frame agreement focused on subsea projects offshore India. The frame frame agreement is with L&T Hydrocarbon Engineering (LTHE)…
Fugro has won a contract to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Under the contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to…
Nexans Norway and IKM Subsea have come to an agreement to extend the current ROV services contracts on board the C/S Nexans Skagerrak. The contract value including options is NOK 75 million and duration term is firm for three years plus two yearly options…
UK-based engineering firm Wood Group has won a contract with Australia's Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system. The GWF-2 project is on the North West Shelf, offshore Western Australia…
The protracted low price environment is pushing the offshore marine supply chain to breaking point. Rig managers, offshore support vessel (OSV) contractors and subsea vessel owners are trading at 60-70% discounts to 2013 highs and every week seems to usher in a new wave of profit warnings…
UK-based subsea power cable and umbilicals manufacturer JDR has been awarded two umbilical contracts by McDermott for two projects in the United Arab Emirates and Qatar. The first project includes three umbilicals with a total combined length of 9km…
UK based C-Kore Systems delivered its subsea monitoring units to PTTEP Australasia for use on the Subsea Equipment Australian Reliability (SEAR) JIP. The SEAR JIP was formed to meet the challenging subsea conditions faced in Australian waters…
Seacon released its newly designed A259 Ruffnek MUX series as an enhancement to the 7991 Ruffnek MUX series used on subsea BOP systems. Three key changes to the connector design include: Integrating a rubber molded face onto the…
Petróleo Brasileiro (Petrobras) has started production from the Cidade de Maricá floating production storage offloading unit (FPSO), in the pre-salt layer of the Santos Basin, offshore Brazil, in addition to the expansion of the country’s longest subsea natural gas pipeline…
Eidesvik Offshore entered into a new contract extension with Technip for the Viking Neptune subsea support vessel that is scheduled to begin in early April. The supply ship Viking Prince has also been awarded a contract with Faroe Petroleum for a well starting in mid May 2016…
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both…
TE Connectivity (TE) announced a new Macro Sensors SSBR-937 Series CANBus LVDT Position Sensor with a CANopen interface compliant to CiA 443 for subsea instruments. The subsea CiA 443 LVDT position sensor…
Forsys Subsea, the joint venture between FMC Technologies and Technip, has been awarded a contract from Statoil to provide a subsea front-end engineering and design (FEED) study for subsea tie-back of Trestakk to Åsgard A floating production…
Aker Solutions saw a 16.5% drop in its revenue in Q4 2015 as the market activity declined, especially in the North Sea, that will result in the company to slow down activity, reduce costs, and streamline its maintenance, modifications, and operations (MMO)…
Halliburton has released the Dash 3in subsea safety system, a solution for electrohydraulic control of Halliburton’s subsea safety tree. Previously, control was provided through direct hydraulic pressure from the surface. This latest edition…