Remote operated vehicles (ROV) have become standard workhorses for the offshore industry, providing vital support to underwater operations, from drilling to servicing the latest subsea processing technologies. But, they’re now undergoing a transformation…
Italian oilfield services firm Saipem said it has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) for the proposed Payara development project located in the Stabroek block offshore Guyana at a water depth of around 2…
Norway approved the plans of ConocoPhillips for a 6.1 billion crowns ($667.10 million) development of the Tor II field, which is expected to start production in the final quarter of 2020, the oil and energy ministry said on Thursday.The project will allow restarting output at the Tor field…
Subsea 7’s life of field business unit i-Tech 7 reports it has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible…
Showcasing Norwegian digital solutions, the Subsea Digital Alliance has been launched to bring smart cloud collaboration to the energy industry.As digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new…
UK-based player in subsea, onshore/offshore and surface projects TechnipFMC has entered into a memorandum of agreement (MOA) to sell the Global 1201 S-lay and heavy-lift and pipelay vessel in an effort to optimize the profile and size of its subsea fleet…
First Subsea said it has secured a second contract with Spanish developer and construction company Cobra Group to provide Dynamic Bend Stiffener Connectors for the Kincardine Floating Offshore Windfarm. Following the initial supply to the pilot turbine last year…
The Ærfugl partners have decided to proceed with Phase 2 of the Ærfugl project in the Norwegian Sea, three years ahead of the original plan, operator Aker BP announced on Monday.The Norwegian energy company and its partners Equinor, Wintershall…
Norwegean subsea operating company DOF Subsea announced that it has won multiple contracts for projects in Trinidad and the U.S. Gulf of Mexico (GOM).The offshore services firm did not disclose the names of its clients.Skandi Neptune has been…
Baker Hughes announced today that Apache Corporation’s North Sea subsidiaries have awarded, through a multi-year frame agreement, a suite of subsea equipment and services including six trees, wellheads and an associated service package. This…
Equatorial Guinea has awarded a $90-$100 million contract to build a 70 km subsea pipeline linking the Noble Energy operated Alen Unit to the country's Punta Europa petrochemical hub to Italian firm Saipem , the oil ministry said on Thursday…
Offshore services provider Subsea 7 cut its 2019 revenue outlook on Thursday but predicted a rebound next year as demand for oilfield services and from renewable energy providers is set to increase, boosting its shares almost 6%.Subsea 7 now expects a slight decline in revenue this year from 2018…
Subsea and field development planning services provider Peritus International announced that Matthew Rawlings will be joining Peritus’ Perth office as Australia Pacific Regional Managing Director.Peritus has over 30 years' experience in the…
In a bid to boost its offshore deep water operations, RusselSmith, a Nigeria-based oilfield services provider, has chosen Saab Seaeye’s Cougar XT electric underwater robotic vehicle to boost its ROV fleet.“The Cougar is an ideal choice,” says RusselSmith CEO…
With extensive experience in designing and manufacturing underwater custom cables, NOVACAVI has recently supplied a couple of specially engineered mooring cables for the Lofoten-Vesterålen Cabeled Ocean Observatory.The Lofoten-Vesterålen Cabeled…