Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…
Aker Solutions and ABB have agreed to work together on subsea processing solutions, bringing together their strengths in subsea, power and automation technologies. The cooperation will integrate Aker Solutions' subsea capabilities and…
UPDATE: According to Reuters, Statoil restarted production at Gullfaks B, as of 2 May, following a helicopter crash that killed 13 people. Read the latest here Statoil has released the names of several offshore workers who died on Friday…
Aker Solutions secured a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields. The contract has a fixed period of five years and may be extended by two years. It covers subsea engineering services…
If topsides asset integrity management is a bane, imagine looking after subsea assets. Elaine Maslin reports on the challenges associated with keeping up with both older equipment and newer, more complex equipment. A subsea field layout…
Kvaerner has signed a framework agreement with Statoil, on behalf of partners, for upgrading of the Njord A semisubmersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of US$14…
Norway’s Petroleum Safety Authority (PSA) has revealed in its investigation of a fatality aboard the COSL Innovator, that the rig was not built to endure weather conditions that occurred on the night of 30 December, however, COSL Drilling Europe conducted its own heavy-hitter investigation…
Aker Solutions is reducing its Norwegian workforce by as many as 600 positions as the company takes necessary measures to strengthen the organization and boost competitiveness amid a continued market slowdown. Image from Aker…
Kvaerner's executive vice president and CFO, Eiliv Gjesdal, has decided to step down from the role as CFO as of 6 April 2016. He will work with special tasks until his notice period ends 30 June 2016. 'Gjesdal started as CFO in Kvaerner…
Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup field in the Norwegian sector of the North Sea. The study includes design solutions for a tie-in of the…
Well-SENSE Technology’s technology director Dan Purkis has been singled out for his efforts in the offshore oil and gas industry with the award of the Society of Petroleum Engineer’s (SPE) Aberdeen section Significant Contribution accolade…
Aker Solutions was recognized as the best subsea company of the year at last night's the Subsea UK awards, with Subsea 7's David Bloom picking up the outstanding contribution to the subsea industry accolade. The awards, which seek to…
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both…
Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for North Sea fields operated by ConocoPhillips. The company received a framework agreement for a fixed period of five years to become…
Aker Solutions is to 'streamline' its maintenance, modifications and operations (MMO) unit in Norway from four units to one regional unit, the firm announced today. The company said it was taking 'necessary steps to reposition the business…
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