Subsea News


Simon Hird Subsea support

Mar 22, 2013

Simon Hird Houston-based offshore survey company UTEC appointed Simon Hird general manager of its Australian arm UTEC Survey Australia last month. Hird, an industry veteran, with 30 years experience in the oil and gas sectors, has been stationed in Australia since 2008…

UK subsea sector looks to increase global market share

Mar 21, 2013

In his opening address, Subsea UK CEO Neil Gordon said that the global subsea market was set to double from £20 to 40 billion over the next fi ve years. The big challenge for Subsea UK and for the subsea UK industry was how to retain one-third of that market and grow its global share…

FMC scores subsea contract duo

Mar 21, 2013

FMC Technologies, Inc. announced it has won multiple subsea contracts this week. Subsea tree (Image: FMC Technologies)The Houston-based equipment supplier said on March 21 that it won a $30 million subsea equipment order from LLOG Exploration Co…

FMC lassos Mad Dog supply

Mar 19, 2013

FMC Technologies, Inc. signed a manufacturing and subsea equipment supply contract with BP in support of the Mad Dog Phase 2 field development, the company announced on 19 March 2013. Mad Dog Platform (Image: BP)The contract's scope includes the supply subsea trees…

The recovery challenge

Mar 18, 2013

Production from subsea wells is growing in importance in many operator portfolios. As easily accessible oil is depleted, subsea processing offers a compelling solution to economically produce in a variety of challenging conditions. Worldwide…

DeepOcean charters Havila Phoenix

Mar 18, 2013

DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that the company has entered into a long term charter of the Havila Phoenix.The vessel, equipped with 250 ton crane, will be lengthened by 15 metres prior to delivery in Q1 2014 to 125m length by 23m beam…

Energy Skills Challenge Fund helps train subsea divers

Mar 14, 2013

The Underwater Centre gains funding for 15 more trainees The Underwater Centre awarded further £130,000 to train a further 15 divers The Underwater Centre in Fort William has been awarded a further £130,000 as part of a major initiative…

Major North Sea wins for EMAS

Mar 14, 2013

The subsea services division of global offshore contractor EMAS has won two major contracts offshore Norway.EMAS AMC has been awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million…

Technip buys Norwegian engineering firm

Mar 13, 2013

Technip announces the acquisition of Ingenium AS, a highly-experienced offshore engineering and services contractor located in Oslo, Norway. Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry…

Aker Solutions on Quad 204 controls

Mar 13, 2013

Aker Solutions, the international oil services provider, has secured a NOK 650 million (GBP 70 million) contract with BP to help redevelop one of the largest oil fields in the UK sector.The Aberdeen operation of Aker Solutions will manufacture…

Petrobras win for Subsea 7

Mar 13, 2013

Subsea 7 has announced the award of three contracts with a combined value in excess of US$300 million from Petrobras. The work includes the installation of flexible lines by the Seven Seas, under two lump-sum contracts and one day-rate contract…

AGR adds subsea offering

Mar 08, 2013

Global oil and gas service provider AGR boosted its Australian business with the launch of a new division within the region and growth of its existing Perth-based offer. David Grant (Image: AGR)AGR’s new Subsea Project Management division enhances the company’s current service portfolio…

Marine group buys Divex

Mar 07, 2013

Marine service group James Fisher and Sons is to buy diving equipment firm Divex for up to £33million.The deal will see UK-based James Fisher and Sons pay an initial consideration of £20m in cash plus a further maximum additional consideration of £13m linked to future profitability targets…

Aasta Hansteen contract for Subsea 7

Mar 05, 2013

Subsea 7 today announced the award of a contract valued at approximately US$380 million from Statoil for the Aasta Hansteen gas field, located west of Bodø in the northern part of the Norwegian Sea.The contract comprises the design, coating…

Subsea 7 UK & Canada wins Talisman pipeline contract

Mar 04, 2013

Subsea 7 wins North Sea contract Subsea 7 has been awarded a contract to install a 10km pipeline bundle from Talisman Sinopec Energy UK Ltd. The contract, valued at US$285 million is for subsea construction services in support of the company’s Montrose Area Redevelopment (MAR) Project…

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