Subsea News

 

Shell to Develop Jackdaw Gas Project in the UK North Sea

Jul 25, 2022

Supermajor Shell on Monday said it will develop the Jackdaw gas field approximately 250 kilometers east of Aberdeen, Scotland in the U.K. North Sea.The Jackdaw field is 100% owned and operated by Shell U.K. affiliate BG International, which…

AKOFS Offshore Inks $282m, Four-year Deal for Aker Wayfarer

Jul 25, 2022

Akastor ASA's 50% owned affiliate AKOFS Offshore AS signed a firm contract for its vessel Aker Wayfarer that will continue to perform services as a subsea equipment support vessel (SESV) for Petróleo Brasileiro S.A. as client in Brazil.The duration of the contract is 1…

Reach Subsea Takes Volstad's Deep Cygnus Vessel on a 4-year Charter

Jul 14, 2022

Subsea service provider Reach Subsea has chartered Volstad Maritime's offshore construction vessel Deep Cygnus for four years, with an option to extend for one year.The vessel will be equipped with launch and recovery systems (LARS) and ROVs before the delivery to Reach Subsea…

Aker Solutions Raises 2022 Revenue Outlook

Jul 14, 2022

Norwegian oil services firm Aker Solutions raised its 2022 revenue outlook as it sees increased activity from oil and gas companies, with tender activity heading for a new record, it said on Thursday.The company now expects its 2022 revenues to rise by around 30% year-on-year…

Deepsea Technologies Acquires AF Global UK

Jul 05, 2022

Houston-based Deepsea Technologies, Inc. (DTI) on Tuesday announced it has acquire a 100% share AF Global UK Ltd. (AFGUK), the subsea division of AFG Holdings Corporation. The company will now operate under the name Deepsea Technologies UK Ltd…

Vår Energi In Strategic Partnership Deals with Aker Solutions, Havfram, and Saipem

Jun 30, 2022

Norwegian oil and gas company Vår Energi on Thursday signed strategic partnership agreements with Aker Solutions AS, Havfram, and Saipem for SPS/SURF deliveries, in preparation for record high activity level on the Norwegian Continental Shelf (NCS)…

Rovco Nets UXO, Seabed Survey Deal at Dutch Offshore Wind Farm

Jun 30, 2022

Subsea and hydrographic survey services firm Rovco has signed a contract with the Dutch marine services contractor Van Oord to carry out subsea investigation works on Dutch offshore wind farm Hollandse Kust Noord. Rovco will perform an unexploded…

Equinor and Fluxys Plan 1000-km European Pipeline to Norwegian Offshore CO2 Storage Sites

Jun 29, 2022

Norway's Equinor and Belgium's Fluxys plan to build a 1,000-km (620-mile) pipeline to transport CO2 captured on the European continent for storage underneath the North Sea [on the Norwegian continental shelf], the two companies said on Wednesday…

PSW Technology to Provide Maintenance Services for Odfjell Drilling's Rig Equipment

Jun 28, 2022

Scana-owned PSW Technology has signed a one-year extension of its frame agreement with the Norwegian offshore drilling contractor Odfjell Drilling.The frame-agreement is for maintenance and recertification of marine riser and subsea equipment for all of Odfjell Drilling's offshore drilling rigs…

Saipem Nets $1,2B Worth of Onshore, Offshore Contracts in M. East

Jun 28, 2022

Italian oil and gas services company Saipem said Tuesday it had won several contracts, both onshore and offshore, in the Middle East worth approximately $1,2 billion.The first batch of is related to the extension of onshore drilling contracts in the Middle East…

MMA Offshore to Buy Rigs-to-Reefs Specialist Subcon for $8.4M

Jun 23, 2022

Australian offshore support vessel owner MMA Offshore has agreed to buy Perth-based Subcon, a company that provides innovative stabilization, coastal erosion, and engineered reef solutions to the oil and gas, offshore wind, coastal infrastructure…

TSC Subsea Deploys 'Industry's First' Acoustic Deepwater Hydrate Detection Solution

Jun 23, 2022

Norway-based subsea inspection solutions provider TSC Subsea said Thursday it had launched an industry first in acoustic deepwater hydrate detection solution, first deployed at a project offshore Angola.According to the company, the solutions…

DOF Subsea Adds $100M+ in Backlog with Petrobras Extension

Jun 22, 2022

Norwegian subsea services company DOF Subsea has secured an extension for its four contracts with Petrobras for subsea inspection works in Brazil.DOF said that the extension would call for at least three vessels operating for 18 months, to the…

Havfram Bags Senegalese Mooring Pre-Lay Contract from MODEC

Jun 21, 2022

Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) in 2022…

Deal Signed to Progress Carbon Capture and Storage in the Dutch North Sea

Jun 20, 2022

Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Rosewood Exploration and EBN Capital B.V. signed a cooperation agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.The agreement…

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