On 1 June 2015, Omega Subsea UK opened an office and established a subsidiary in Aberdeen, Scotland. Its parent company, Omega AS, provides project personnel and project systems, primarily to the oil and gas and energy sectors. The Norway…
A group of ex-FMC employees have teamed up with subsea installation player DeepOcean to found Optime Subsea Services, whose multiCompletionSystem (mCS) can provide up to 80% time and cost savings on subsea tree installations compared to traditional solutions…
GE Oil & Gas and Enpro Subsea entered in an agreement to jointly market and provide fluid intervention services that offer oil and gas operators a cost-effective way to improve production rates in producing wells. The companies have signed…
James Fisher Offshore, part of James Fisher and Sons, has reached an agreement with KPMG in Scotland to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The assets include work-class ROVs, inspection class ROV and survey equipment…
Subsea UK has launched a new market intelligence service to help subsea companies exploit global opportunities. The industry body, which represents the UK’s £9billion subsea sector, has developed SubseaIntel – a unique on-line database…
Norske Shell has awarded IKM Subsea a long term IMR and ROV service contract. The contract value including options about US$19.1 million (150 million NOK) and duration term is firm for five years, plus five yearly options. “We are…
Subsea 7 has been awarded a two-year extension to two Underwater Services Contracts (USCs) by Shell Upstream International Europe, worth approximately US$240 million. Under these life of field contract extensions for diving support vessel…
Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…
DOF Subsea has been awarded multiple contracts, worth a total NOK830 million. In Asia Pacific, DOF Subsea has been awarded several contracts including project management and engineering, inspection, maintenance and repair services and subsea installation work…
HitecVision acquired all of GC Rieber Shipping's remaining shares in subsea services provider Reef Subsea, the company announced 28 Jan 2014. HitecVision will now hold 100% of the shares in Reef Subsea. HitecVision expects to receive full ownership by March…
Conductor Installation Services Ltd (CIS), an Acteon company, launched a new service line: Subsea Piling services, which coincides with CIS’s new Subsea Piling system, a remotely operated system that the company developed to drive piles as large as 36in diameter…
Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian…
Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian and African regions…
FMC Technologies, Inc. announced it has won multiple subsea contracts this week. Subsea tree (Image: FMC Technologies)The Houston-based equipment supplier said on March 21 that it won a $30 million subsea equipment order from LLOG Exploration Co…
Seven AtlanticShell Upstream International Europe has awarded Subsea 7 a two-year extension on both of its underwater services contracts worth approximately $360 million, Subsea 7 announced on 27 November 2012.Under these contracts, Subsea 7 will continue to provide subsea construction…
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