Australian oil and gas firm Beach Energy is proposing to undertake subsea installation and commissioning works within petroleum production licence VIC/L23. Specifically, these activities are part of the Otway Phase 4 Development project, which aims to increase gas supply to the Beach-operated Otway
Subseatec has won several contracts to deliver machined riser joints to field developments in the Gulf of Mexico and Brazil. The total contract value is approximately SEK 15 million ($1.8 million). Specifically, Subseatec’s scope includes assembly, testing and delivery of up to 10 riser joints. Manu
Premier Oil’s decommissioning plans for the Balmoral field, located in the UK North Sea, have been approved by UK authorities.
Norwegian offshore safety watchdog PSA has granted consent for manned underwater operations in 2021 to Vår Energi, Equinor, Gassco and Aker BP. Equinor has signed framework agreements with TechnipFMC and Subsea 7 for the performance of manned underwater operations in 2021. Through a pool agreement w
Offshore services provider TechnipFMC has signed a contract with AbuQir Petroleum, a joint venture between Energean and EGPC, for a subsea tie-back located offshore Egypt. The contract covers the engineering, procurement, construction, and installation of four subsea wells as well as the subsea tie-
Solstad has secured a contract for the CSV Normand Cutter with UK-based subsea engineering firm Global Marine Group (GMG). Commencement of the contract is in March 2021, in direct continuation of current charter with GMG. Firm duration of the contract is 120 days plus 80 days options thereafter. In
Energy consultancy AGR has signed a framework agreement with Gassnova for carbon capture and storage technical advisory services. Norway’s Gassnova facilitates the development of technology and solutions to enable cost efficient and progressive solution for the capture and storage of CO2. AGR will d
TechnipFMC today officially completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies has set its technical reference price at €9.00 ahead of its direct listing on the Euronext Par
Offshore geoscience and geotechnical engineering consultancy Cathie has carried out a foundation design feasibility study for an offshore, subsea datacenter. Cathie’s undisclosed system developer for the storage of datacenters offshore and underwater, engaged them to undertake a foundation design st
Norwegian energy services player Aker Solutions has seen its loss widened in the fourth quarter 2020 on impairments and lower activity, which led to some 30 per cent revenue drop. The Oslo-listed company recognised quarterly net loss of NOK 844 million, versus net loss of NOK 129 million in Q4 2019.
Subsea boosting could make an immediate increase in production profitably on more than 200 oil projects globally, according to Rystad Energy’s newly launched Subsea Processing Screening Tool. The increase in recoverable reserves for the top 100 projects, out of more than 200 projects identified wher
Aberdeen-based 3D technology specialist Eserv is investing a six-figure sum into the research and development of new capabilities to allow them to expand into the subsea sector. Eserv’s decision to drive the business into new sectors comes on the heels of a successful 2020 which saw their AS-TEG sol
Kongsberg Maritime has signed a letter of intent to deliver a large technology package for Triumph Subsea Services’ next generation field development vessel (FDV). The deal, signed with Brodosplit Shipyard and DIV Group in Croatia, covers an ST-269 unit, with an option for three more vessels of iden
TechnipFMC has officially opened its brand new spoolbase in Brazil. The new facility is located in the Açu Port, north of Rio de Janeiro State. According to the company, it will be its most modern spoolbase worldwide as well as an important asset to meet the future demands of subsea projects. With a
