Subsea News

 

Allspeeds invests in new facilities

Jun 17, 2015

Cutting tools specialist Allspeeds has invested over US$316,000 (£200,000) in new product development facilities at the company’s headquarters in Accrington, Lancashire to increase the competitiveness and applications for the company’s Webtool cutting tools in the subsea…

WGK secures KPOC work

Jun 17, 2015

Wood Group Kenny (WGK) will support the Kebabangan Petroleum Operating Co. (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia. The scope of work will include…

UTC: Job losses and the new norm

Jun 17, 2015

Globally, some 150,000 jobs have been let go in the oil and gas industry, some 20,000 of those in Norway, a conference in Bergen heard this morning. Statoil executive and Society of Petroleum Engineers (SPE) 2015 President Helge Hove…

UTC: The evolution of the ROV

Jun 17, 2015

Subsea challenges are in focus at this week’s Underwater Technology Conference in Bergen. While the conference examines future oilfield challenges, we take a look back at past innovations in the industry. In the second of a three-part series…

Ceona appoints new CEO

Jun 16, 2015

Ceona appointed Mark Preece as the company’s chief executive officer (CEO). Previously, he served as executive vice president of commercial and business development for the company. Preece takes over from current CEO, Steve Preston…

UTC: The one-atmosphere experiment

Jun 16, 2015

Subsea challenges are in focus at this week’s Underwater Technology Conference (UTC) in Bergen. While the conference examines future oilfield challenges, we take a look back at past innovations in the industry. In a three-part series, Elaine Maslin looks at three past papers from UTC Bergen’s…

J2 Subsea opens subsea tooling facility

Jun 15, 2015

J2 Subsea opened a new subsea tooling facility at sister Acteon company, Seatronics’, subsea electronics location in Houston. The new facility marks the next stage in J2 Subsea’s global expansion plan. North American customers can…

More job cuts expected from Aker, FMC

Jun 11, 2015

Another round of job cuts are on the way as Aker Solutions and FMC Technologies move to reduce their workforces in Norway. Norwegian-based Aker Solutions said on Thursday (11 June) that it notified employees at its subsea services center in Agotnes…

FPSO market to reach US$8.65 billion in 2015

Jun 11, 2015

The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain.  The largest spend will be focused on offshore…

Delta SubSea, Zerlux sign laser technology MOU

Jun 10, 2015

Delta SubSea signed a memorandum of understanding with Zerlux Hungary to intensify collaboration on laser based hydrate remediation technology.  Laser based hydrate remediation technology uses “focused warming” to create a relief path…

Technip gets GoM subsea decommissioning, installation gig

Jun 10, 2015

Chevron awarded Technip a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2000m…

NorSea Group nets decommissioning work

Jun 10, 2015

NorSea Group won northeast Scotland’s first major “small piece” decommissioning contract. Work has already begun on the six-month project which is being carried out at NorSea Group’s Peterhead facility on behalf of Endeavour Energy and…

OTC 2015 in Review

Jun 10, 2015

There were many memorable presentations and product demonstrations at this year’s Offshore Technology Conference in Houston this past May. OE Staff reports on a few notable discussions. Safety post-Macondo This year marks the fifth anniversary of the Deepwater Horizon disaster…

Maersk, Seadrill sign training agreement

Jun 09, 2015

Maersk Training entered into an agreement with Seadrill to deliver its Well Control training globally under the accreditation of The International Well Control Forum. The agreement will cover more than 2000 assistant drillers, drillers…

Åsgard subsea module installation begins

Jun 09, 2015

Statoil started the installation of 22 Åsgard subsea gas compression modules in the Norwegian Sea. Åsgard subsea compressor. Images from Statoil. The Åsgard field lies on the Halten Bank…

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