Subsea News


Kongsberg in Apply Nemo buyout

Dec 11, 2012

Kongsberg Oil & Gas Technologies AS (KOGT), a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has entered into an agreement to acquire 100% of the shares in Apply Nemo AS, an independent supplier of advanced engineering services…

Tough Tether

Dec 09, 2012

Production and deployment of a bespoke, 7km long single length ROV fibre-optic hybrid cable was successfully accomplished by Italian cable manufacturer Novacavi for Finnish survey company Loxus Technologies' underwater inspection system…

Trenching spread delivered

Dec 09, 2012

Fugro recently took delivery of the first of two SMD QT1400 trenching systems for burial of cables, umbilicals and flowlines up to almost 36in diameter. The vehicle is equipped with a 3m jetting tool for soils of 100KPA, a mechanical chain…

Annulus Testing

Dec 09, 2012

Flexlife is providing independent assessment services worth up to $1.4 million for Petrobras' Cascade-Chinook subsea development in the Gulf of Mexico. The agreement involved annulus testing of the flexible risers, and work was to be carried…

ABB lights up Martin Linge

Dec 07, 2012

Martin Linge field illustrationSubsea 7 grants ABB $170Mln power cable deal Subsea 7 has chosen ABB to build a power link between two North Sea oil and gas fields and the Norwegian power grid, ABB announced on 6 December 2012.The project…

Cobalt hits homer at N. Platte

Dec 06, 2012

Ensco 8503Cobalt says deepwater oil find is significant Cobalt's deepwater Gulf of Mexico prospect North Platte has encountered significant oil pay, the company announced on 5 December 2012.Cobalt characterized the discovery as containing…

InterMoor opens Singapore yard

Dec 05, 2012

InterMoorInterMoor opens Loyang mooring equipment yard InterMoor, an Acteon company, has opened its new mooring equipment yard at Loyang offshore supply base in Singapore. The new facility provides mooring equipment storage and an ideal support location for maintenance…

Freeport acquires PXP, McMoRan

Dec 05, 2012

FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…

Petrobras cheers Muriú find

Dec 05, 2012

Map of Muriú prospectPetrobras makes 4th find off Sergipe-Alagoas Petrobras has made a fourth oil discovery in the ultra-deepwater Sergipe-Alagoas basin offshore Brazil, the company announced on 5 December 2012.Tests confirmed the presence of light oil in the Calumbi formation…

Shelf acquires Transocean rigs

Dec 03, 2012

Four Friede & Goldman L-780-Mod II jack-ups were sold to Shelf Drilling by TransoceanShelf closes $1.05 B jack-up rigs acquisitionTransocean has completed the sale of 38 shallow water rigs to newcomer Shelf Drilling for $1.05 billion, the company announced on 30 November 2012…

PXP finalizes GOM acquisitions

Nov 30, 2012

Holstein | Photo: SeatraxPlains Exploration takes reins on Gulf assets Plains Exploration and Production (PXP) has closed on $6.1 billion worth of Gulf of Mexico assets belonging to BP and Shell, the company announced on 30 November 2012…

Subsea 7 wins Shell extension

Nov 28, 2012

Seven AtlanticShell Upstream International Europe has awarded Subsea 7 a two-year extension on both of its underwater services contracts worth approximately $360 million, Subsea 7 announced on 27 November 2012.Under these contracts, Subsea 7 will continue to provide subsea construction…

Data transfer secures attention

Nov 28, 2012

Securing data while providing access to the right people is challenging in an onshore setting. Move the data offshore, where bandwidth is at a premium, and the challenges compound. Jennifer Pallanich looks into issues companies face in the offshore communications sector…

products in action- February 2012

Nov 27, 2012

‘World first’ 10k drilling riser The offshore engineering team at Aquaterra Energy is hailing the 10,000psi-rated, 20in ID full bore drilling riser it recently installed for Apache North Sea as a world first. Designed specifically for Apache…

Expro picks up Indian subsea job

Nov 27, 2012

Photo: ExproExpro has been awarded its first major subsea completion landing string contract in India, the company announced on 26 November 2012.The three-year contract comes with options to extend for another two years. The scope of work…

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