Subsea News

 

Schlumberger Posts Q2 Loss as Oil Rout Leads to $3.7B Charge

Jul 24, 2020

Oilfield services giant Schlumberger NV on Friday reported its second straight quarterly loss after recording a $3.7 billion charge related to thousands of job cuts and a major pipeline outage in Ecuador.The company cut some 21,000 jobs amid…

Tekmar Energy's Cable Protection for Offshore Wind Farms in Japan

Jul 24, 2020

Subsea protection equipment provider Tekmar Energy will provide cable protection for the Akita and Noshiro offshore wind farm project in Japan.The wind farms, set to be the first utility-scale offshore wind project in Japan, will be delivered by Akita Offshore Wind Corporation…

VIDEO: Neptune Installs Subsea Flowlines at Duva & Gjøa P1

Jul 23, 2020

Neptune Energy installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian sector of the North Sea.The company said Thursday it had sped up key elements of the development schedule of the subsea tiebacks…

Malaysia: Cortez Subsea Installs Subsea Pipeline Using Weld-Free Tech

Jul 21, 2020

Subsea technology and services company, Cortez Subsea has reported it has completed the first-ever subsea pipeline using NOV's Zap-Lok mechanical connector, offshore Malaysia.The company says the technology enables faster and cheaper completion of subsea pipelay…

Israel Approves Eastmed Subsea Pipeline

Jul 21, 2020

The Israeli government on Sunday approved an agreement with European countries for the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean.The Eastmed pipeline, which has been in planning for several years…

Trelleborg Names Nilsson as New CFO

Jul 20, 2020

Fredrik Nilsson has been hired to take over as the new Chief Financial Officer of Sweden-based engineered polymer solutions company Trelleborg Group, replacing Ulf Berghult who is leaving the role to take a position outside the company.Berghult…

Ocean Infinity Completes Guyana Survey for ExxonMobil

Jul 16, 2020

Marine robotics company Ocean Infinity has completed its survey project for ExxonMobil, within the enormous Stabroek block offshore Guyana, where the oil giant has over the recent few years discovered more than 8 billion barrels of oil.The project…

Cathie, Global Maritime Team Up to Offer Jack-Up Consultancy Services

Jul 13, 2020

Offshore geoscience and geotechnical engineering consultancy, Cathie has teamed up with marine, offshore and engineering consultancy, Global Maritime in the sphere of jack-up rig services.More specifically, the duo promises to offer a 'holistic'…

Rever Offshore Wraps Electrical Diagnostics Gig for Serica in North Sea

Jul 13, 2020

UK-based subsea services provider Rever Offshore has said it has completed a contract awarded by Serica Energy for work at the Rhum field in the North Sea.Throughout the two-week campaign, Rever Offshore deployed the multi-purpose dive support and offshore construction vessel…

Halliburton, TechnipFMC Launch Acoustic Sensing Solution for Subsea Wells

Jul 09, 2020

Oilfield services giants Halliburton and TechnipFMC have jointly introduced Odassea, described as the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic…

Oceaneering Lands W. Australia Order

Jul 09, 2020

Oceaneering has won a contract to provide a number of monobore diverless connectors for an offshore Western Australia project.Oceaneering said Wednesday it would supply 3-inch M5 connectors, which will be used for Monoethylene Glycol (MEG) and…

ICONIC Installs First Instrumented Tubular Plug Offshore Norway

Jul 07, 2020

ICONIC, a Stavanger-based company developing wireless monitoring products for downhole applications, has said it has installed its first iTP (Instrumented Tubular Plug) in the Norwegian North Sea. The company, formed in 2020, was born out of ICON Instruments…

First Jacket Installed at Moray East Offshore Wind Farm

Jul 07, 2020

Belgian offshore contractor DEME Offshore has installed the first jacket at the 950 MW Moray East offshore wind farm, offshore Scotland, the UK. In total, 100 wind turbine jackets and 3 offshore substation jackets will be installed at the project…

Saipem to Install Subsea Equipment at Petrobras' Buzios Field

Jul 06, 2020

Italian oilfield services company Saipem has been awarded a $325 million contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project.The Búzios-5 overall production system foresees the interconnection of 15 wells to the FPSO in two phases…

Nord Stream 2 Allowed to Use Anchored Pipelayers in Denmark

Jul 06, 2020

Nord Stream 2 AG, Russia's Gazprom-led company building the Nord Stream 2 gas pipeline in the Baltic Sea, has been granted permission from the Danish authorities to use pipelaying vessels with anchors instead of the dynamic-positioning ones…

Current News

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Mitsubishi Boosts Stake in Pet

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

India Opts Out of Buying Gas f

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