On July 1, Saipem-Sonsub’s Hydrone-R underwater intervention drone was launched in water to start the endurance and qualification tests prior to its commercialization by year’s end.The Hydrone Program is the key workstream of Saipem’s Technology Development Plan within subsea robotics…
Offshore services provider DEME has completed the installation of a subsea export cable for Belgian grid operator Elia's Modular Offshore Grid (MOG) ahead of schedule.The installation of 85 km of subsea export cable was done using its cable installation vessel 'Living Stone'…
Shell has taken the final investment decision (FID) for the PowerNap deepwater project in the US Gulf of Mexico, the supermajor announced on Thursday.PowerNap, a subsea tie-back to the Shell-operated Olympus production hub, is expected to start production in late 2021 and produce up to 35…
Trendsetter Vulcan Offshore (TVO) has contracted with independent oil and gas company Tamarind Resources to provide its next-generation Wellhead Fatigue Mitigation Systems for deployment offshore New Zealand. The new system alleviates the impact of modern…
US-based Teledyne Marine said it has opened a Vehicles Service Center at the Teledyne Reson office in Slangerup, Denmark.The expanded facility in Slangerup will support the large number of LBVs, vLBVs, and Z-Boats throughout Europe, the company said…
Baker Hughes, General Electric Co's oilfield services arm, reported a better-than-expected quarterly profit on Wednesday, helped by higher activity in LNG markets and rise in international demand for oilfield services.Revenue from the company's oilfield services segment…
Singapore offshore company Swiber Holdings' wholly-owned subsidiary, Swiber Offshore Construction (SOC) has entered into a shareholder's agreement with Hilong Marine Engineering (HME) to establish a joint venture company in Singapore.The shareholders…
McDermott International and Baker Hughes, a GE company (BHGE), announced on Tuesday that the companies have been awarded contracts to provide a joint subsea umbilicals, risers and flowlines (SURF) and subsea production systems (SPS) solution…
First Subsea said it will provide platform mooring connectors to the world’s largest floating offshore wind farm.The company, part of the First Tech Group based in Aberdeen, has confirmed its secured the contract with Spanish developer and construction…
The first subsea installation and construction campaign for the Duva field development is now underway with the installation of the Integrated Template Structure (ITS), Neptune Energy said on social media on Tuesday.The ITS is the first large…
Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…
TechnipFMC’s flagship deepwater pipelay and construction vessel is embarking on a large-scale subsea project laying pipeline on the Equinor-operated Peregrino Phase 2 Project in the Campos Basin offshore Brazil.According to TechnipFMC, Deep…
Australian offshore services company MMA Offshore said it has entered into an agreement to acquire the business of compatriot subsea services firm Neptune Marine Services by acquiring NMS's key operating subsidiaries.The purchase consideration…
The Italian electric power transmission specialists Prysmian, German multinational conglomerate Siemens and Swedish cable manufacturer have secured contracts worth a total 1.1 billion euros ($1.2 billion) to build the world’s longest subsea power cable…
Chevron has awarded OneSubsea a 20-year subsea equipment and services master contract for development projects in the Gulf of Mexico, the subsea supplier’s parent company Schlumberger announced on Tuesday.Combining this master contract with…