Subsea News

 

Innovation – in all its forms

Aug 01, 2015

Standardization has been high on the agenda at the Underwater Technology Conference (UTC) in Bergen for the past two years. This year, the focus was “innovating for the next wave.” Elaine Maslin reports on innovations discussed and on show…

Shell’s 4D optimizes Brazil waterflood project

Aug 01, 2015

Shell’s second waterflood monitor survey offshore Brazil shows technical success. Jeannie Stell reports. SBM Offshore’s Espirito Santo FPSO can produce up to 100,000 bo/d and inject up to 75,000 b/d of water…

Finding an alternative

Aug 01, 2015

Already deployed off Brazil and West Africa, Jerry Lee investigates a new way to intervene on wells — from the drill pipe. Animated picture of the ocean floor properties of Vallourec. Image from Vallourec…

Intervention essentials

Aug 01, 2015

Getting the best out of subsea wells has always been important given the significant investment cost. This becomes especially true when field economics come under pressure. Having a subsea well intervention strategy is a key part of maximizing…

Boosting in the deep

Aug 01, 2015

The rewards on offer from subsea boosting technology were spelled out at the MCE Deepwater Development Conference in London this spring by Arne B. Olsen, sales director, pumps and subsea processing at OneSubsea. Meg Chesshyre reports. Gullfaks…

OP delivers Helix intervention equipment

Jul 30, 2015

OSBIT Power (OP), a leading Northeast England offshore and subsea engineering company, has successfully delivered two well intervention equipment projects, totaling several million pounds, to Helix Well Ops UK for installation on the Q7000…

Subsea 7 on BP's West Nile Delta

Jul 30, 2015

Subsea 7 has won a contract worth about US$500 million from BP for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt.  The contract is the first phase of Egypt's West Nile Delta project where field development will be at depths of approximately 800m…

Subsea 7: Cuts will save $550 million

Jul 29, 2015

Subsea 7 expects to save US$550 million through its plans to cut 2500 jobs and 12 vessels from its fleet, the firm said today as the offshore industry continues to suffer from low oil prices. The firm, which had announced its staff and vessel reduction plans in May…

Gullfaks South adds 65 MMboe

Jul 29, 2015

Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started 27 July, increasing output from the Gullfaks area by around 65 MMboe. The project is part of Statoil’s fast-track portfolio…

Husky still assessing West White Rose

Jul 28, 2015

Husky Energy says it still continues to assess potential development options for its West White Rose extension in the Jeanne d'Arc Basin. The firm started production from the nearby South White Rose project, a subsea satellite tieback to the White Rose project's SeaRose FPSO…

Technip wins PFLNG1 tieback work

Jul 28, 2015

Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first floating liquefied natural gas (PFLNG1) facility to KAKG-A platform. The platform…

Excelerate’s Aguirre gets FERC approval

Jul 27, 2015

Houston-based Excelerate Energy received authorization from the Federal Energy Regulatory Commission (FERC) for the Aguirre Offshore GasPort project offshore Puerto Rico.Image from Excelerate. After nearly four years of environmental reviews…

Babcock project reaches milestone

Jul 27, 2015

Image: manifolds leaving Rosythe/Babcock A major milestone has been reached in Babcock’s delivery of 73 subsea structures for BP’s Quad 204 offshore redevelopment project, 130km west of Shetland…

STR expands ROV services range

Jul 27, 2015

Subsea Technology & Rentals (STR), a provider for the design, production and rental of advanced subsea technology for the offshore energy industry, is pleased to announce the addition of IKM Technique’s ROV gas sampling systems to their range of ROV sensors and tooling…

The evolution of subsea EPC

Jul 27, 2015

The subsea sector is highly consolidated with just five players servicing the US$12billion annual requirements of the global exploration and production community. The two largest, FMC and OneSubsea, account for approximately two-thirds of the market but despite this…

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