Subsea News

 

Statoil submits Peregrino II plan

Feb 27, 2015

Statoil and its Peregrino field partner Sinochem submitted its US$3.5 billion development plan for the Peregrino Phase II project to Brazilian regulator, the National Agency of Petroleum, Natural Gas and Biofuels, at the end of January, the Norwegian explorer announced on 27 February…

Intecsea to FEED Buckskin/Moccasin

Feb 26, 2015

Chevron awarded INTECSEA a contract to provide engineering and long-lead procurement services for the front-end engineering & design (FEED) phase of the Buckskin/Moccasin development in the Gulf of Mexico. Map provided by Chevron…

McDermott-Petrofac ink SURF alliance

Feb 25, 2015

Oil and gas services provider Petrofac has agreed to form a strategic marketing alliance with McDermott International in the deepwater, subsea umbilicals, risers and flowlines (SURF) sector. Under a Memorandum of Understanding (MoU), the two will form a five-year alliance…

Schneider Electric wins Kaombo contract

Feb 24, 2015

Saipem awarded Schneider Electric a contract to design, fabricate and pre-commission two E-House modules, fully-integrated technical buildings, to support the Total E&P Angola-operated deep offshore Kaombo FPSO project. Located 260km offshore Luanda in water depths ranging from 1400-1950 m…

Intecsea appoints new UK lead

Feb 24, 2015

INTECSEA has appointed JP Kenny director Dave Baker as Director of its UK operations. Baker (pictured) will officially join INTECSEA in April 2015, following more than 35 years' industry knowledge and expertise. His most recent role was Managing Director at JP Kenny…

Jumbo installs Ikhwezi riser

Feb 24, 2015

Dutch contractor Jumbo has completed a contract for PetroSA installing a subsea MEG riser on the Ikhwezi development FA platform offshore South Africa.  The contract was awarded by PetroSA on 5 December, offshore installation…

Maersk introduces four subsea support vessels

Feb 24, 2015

Maersk Supply Service show an illustration of its four new subsea support vessels, due to enter the market no later than 2017. The vessels are rated for advanced operations in water depths of up to 3000 m. They offer 1925 sq m of free deck space for equipment and cargo…

Technip wins Glenlivet subsea contract

Feb 24, 2015

Total E&P UK has awarded Technip an additional scope for the parallel development of the Glenlivet field close to the Edradour subsea development, about 75km northwest of Shetlands in the UK North Sea. The Glenlivet scope includes:     fabrication and installation of 12in…

Technip, Farstad sign subsea vessel LOI

Feb 23, 2015

Farstad Shipping ASA signed a letter of intent (LOI) with Technip regarding utilization of the subsea vessel Far tbn Sleipner. The agreement is to secure the vessel for a period of 11 months, divided into two fixed periods. Including mobilization and demobilization…

Oseberg opens up opportunities

Feb 23, 2015

Statoil is eying further opportunities in the Oseberg area after bringing its tenth fast-track portfolio project, the 77 MMboe recoverable Oseberg Delta 2, onstream. Oseberg Delta 2 is a two-template, 14km-long subsea tieback from the Delta terrace to the Oseberg Field Centre…

DeepOcean providing MPV for Tullow

Feb 19, 2015

Tullow Ghana awarded DeepOcean Ghana a contract to provide the services of a multi purpose construction vessel (MPV) offshore Ghana. DeepOcean will provide the inspection, survey and subsea construction on the Tullow operated deepwater Jubilee and TEN fields…

Aker Solutions delivered MWCC SCA

Feb 19, 2015

Aker Solutions has delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the US Gulf of Mexico. The Subsea Containment Assembly…

IHC/Tompkins launch geotech firm

Feb 19, 2015

Royal IHC (IHC) has joined forces with Tompkins UK – the parent company of Modus Seabed Intervention – to enter the deep and ultra-deep water, oil and gas geotechnical survey and site investigation market under the banner of TI Geosciences…

Technip predicts prolonged, harsh slowdown

Feb 18, 2015

Technip CEO and chairman Thierry Pilenko says the headwinds facing the industry, both before and following the oil price collapse imply a 'prolonged, harsh slowdown' in many parts of the oil and gas industry.  Pilenko, outlining the firm's 2014 results…

Pricing will be key to 2015 oilfield services M&A activity

Feb 16, 2015

The outlook for mergers and acquisitions in the oil and gas service sector in 2015 will hinge upon the resilience of businesses and a recalibration of pricing expectations, according to energy specialist corporate advisory firm Simmons & Co…

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