Companies successful in reducing their capex and opex costs in the real world often do so by taking advantage of the digital world.There’s a reason terms like big data, digitalization, artificial intelligence (AI), machine learning and the digital…
Services firm InterMoor said it said it swapped out 12 mooring lines on the Chevron-operated Alba floating storage unit (FSU) currently moored in 140 meters water depth in the UK North Sea.The scope of the project included engineering, procurement…
Houston-based services company Trendsetter Engineering said it has been awarded a contract to supply TC7 Clamp Connection Systems and ancillary equipment for Talos Energy on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block…
TechnipFMC said it has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Shell for the deepwater Perdido Phase 2 development, located in the Gulf of Mexico.Arnaud Piéton, President Subsea at TechnipFMC…
TechnipFMC announced on Friday it has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia.The contract…
Woodside said it has made a final investment decision (FID) for the Pyxis Hub project offshore North West Australia.The Australian energy company revealed in its third quarter earnings report that the FID was taken for the project in August 2019…
Aberdeen-based deepwater specialist Balmoral announced it has won three industry awards in recent weeks.Earlier this month, the company picked up two prizes at the Energy Industries Council (EIC) national awards in the ‘Service and Solutions’ and ‘Collaboration’ categories…
The value of the global market for subsea power cables needed to build offshore wind farms will grow by 57% from GBP 717 million this year to over GBP 1.13 billion by 2023, according to a new report by RenewableUK.The study – 'Offshore Wind…
The North Sea oil and gas industry’s 50-plus year heritage now means that history is being revisited as facilities – including subsea wells – installed decades ago are decommissioned.One is the first early production system tieback, which included…
US-based LLOG has ordered subsea trees designed for pressures up to 20,000 pounds per square inch (psi) for its deepwater Shenandoah development in the US Gulf of Mexico.The subsea trees, ordered from TechnipFMC on Tuesday, mark the first material…
Transmark Subsea announced on Tuesday it has acquired fellow Norwegian underwater environment company WiSub.Transmark Subsea manufactures cable systems for distribution of electrical signals, power and fiber optics to the offshore subsea industry…
TechnipFMC announced on Tuesday it has been awarded a contract by PetroVietnam Gas for the engineering, procurement and construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.The scope…
Scottish and Japanese companies will receive £9 million from a joint fund to work together on innovative subsea technology.Combined with investment made by the companies themselves, a total of £20.9 million of industrial research and development will go ahead…
A new method for manufacturing large power umbilicals can shave off 15% to 20% of manufacturing time by minimizing the number of electrical cable splices required.Power umbilicals can be 10 inches in diameter and up to 60 miles long and take up a lot of space prior to installation…
Tekmar Group, a provider of subsea protection systems technologies, said it has signed a sale and purchase agreement for the acquisition of subsea concrete mattresses provider Pipeshield International from its founder Steven Howlett. The deal…