Bourbon announced that it sold three vessels, including a tug, an MPSV (multipurpose supply vessel) from the Subsea Services fleet and a PSV (platform supply vessel), for an approximate total amount of US$38 million generating a total capital gain of approximately US$18 million…
Growing numbers of subsea wells in increasingly deeper waters will continue to drive the market for well intervention capabilities. Infields’ James Hearn outlines the market. Depleting oil and gas reserves within established shallow water…
FMC Technologies, Inc. received an order from Tullow Ghana Ltd to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order has an estimated value of US$340 million in revenue. FMC Technologies' scope of supply includes subsea trees…
The Bureau of Safety and Environmental Enforcement (BSEE) will be issuing new requirements for the blowout preventers (BOP) by the end of the year, according to agency director Brian M. Salerno. BOPs are large, high-pressure valves used…
Milling bit packed with set asphaltenes Copyright Welltec A/S Various myths and misperceptions surround riserless light well interventions (RLWI), preventing operators from performing these cost-efficient…
Bluefin Robotics, an autonomous underwater vehicles (AUVs) provider, owned by Battelle, has acquired SeeByte, Ltd., a company that provides autonomous platform software. SeeByte, headquartered in Edinburgh, Scotland, will operate as a wholly-owned subsidiary of Bluefin…
Aquatic Engineering & Construction Ltd, an Acteon company, has unveiled its 1500 te carousel (AQCS‐01‐1500) a powerful, modular drive system representing a significant capability extension for customers requiring installation or replacement of flexibles…
Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…
Oceaneering International, Inc. has commissioned the construction of a subsea support vessel from BAE Systems. Expected delivery of this vessel is by the end of 1Q 2016. This vessel will be US-flagged and documented with a coastwise endorsement by the US Coast Guard…
Petrobras awarded Prysmian Group a contract worth approximately US$260 million for umbilicals. The award is related to a previous frame agreement covering 360km of umbilicals, most of it to be used in pre-salt fields. The contract comes…
Dow Chemical Co. announced a milestone in the commercialization of the DOW NEPTUNE™ Advanced Subsea Flow Assurance Insulation System at the Society of Petroleum Engineers’ Annual Technical Conference and Exhibition (ATCE) in New Orleans.…
Italy's Novacavi announces the launch of Aquancable, a wide range of specialist, bespoke cables for maritime and underwater technologies. These include ROV cables, fiber optic hybrid cables, umbilicals, subsea armoured cables, subsea detection…
Statoil ASA is extending its production stoppage in the Njord oilfield, located in the Norwegian Sea, to reinforce a drilling platform. Production was originally halted on July 27 due to some small deformations found in some beams and other structural elements in the deck framing…
Leading players in the 3DTV industry will converging on Aberdeen next month for a conference focusing on use of such technologies in the oil and gas and renewables industries. The 3DTV Conference: Vision Beyond Depth event has been organised by Aberdeen University…
Salamander Energy plc announced the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, less than one mi northeast of the recent Surin oil discovery…