Japan’s Nippon Steel & Sumitomo Metal Corporation and Sumitomo Corp have renewed a master agreement for the supply of line pipe with the British oil company BP. The Japanese steelmaker on Friday said that the long-term deal, effective from July 1, was for five years. BP will have an option to extend
The French President and An Taoiseach Enda Kenny have launched the next stage of the Celtic Interconnector, a proposed €1 billion subsea electricity cable linking Ireland and France. The capacity of the Celtic Interconnector is estimated at approximately 700 megawatts (MW), enough to power 450,000 h
Dr. Robert Randall, W. H. Bauer Professor in Dredging Engineering in the Department of Ocean Engineering at Texas A&M University, recently conducted laboratory experiments using a model dredge at the Haynes Coastal Engineering Laboratory. Three graduate students, Joe Girani, Josh Lewis and Paulo de
Kongsberg Oil & Gas Technologies has signed a purchase agreement with a subsidiary of National Oilwell Varco (NOV) regarding the sale of Subsea Products. According to Kongsberg, the sale includes Thor Tie-In, Weaklink, Pipeline Structures (typically PLEM, PLETS, Wyes, Tees, Foundations, Spools, Jump
Norway’s Kongsberg Oil & Gas Technologies has signed a purchase agreement with a subsidiary of National Oilwell Varco (NOV) regarding the sale of Subsea Products. Kongsberg said that the sale includes Thor tie-in, weaklink, pipeline structures , adjustable pipeline supports, GRP protection covers, h
Following reports on Wednesday of Saudi Aramco awarding contracts for it Fadhili development in Saudi Arabia, a confirmation came from India’s Larsen & Toubro (L&T). L&T said that its subsidiary L&T Hydrocarbon Engineering (LTHE), in consortium with Emas Chiyoda Subsea (ECS) has won a large EPCI con
2H Offshore, an Acteon company, has appointed Yann Helle as managing director. Helle replaces Tim Eyles, who is moving to the role of vice president with parent company Acteon. Helle, who previously held the position of technical manager, will have responsibility for the leadership and development o
FMC Technologies, has recorded a sharp profit drop in the second quarter 2016 as the weak market drove its revenue down, especially in the surface technologies division. The Houston-based subsea specialist generated net income of $2.2 million, or $0.01 per diluted share, on revenue of $1.2 billion,
India’s Larsen & Toubro has reportedly received a contract for work on Saudi Aramco’s Fadhili development in Saudi Arabia. The news, however, is yet to be officially confirmed, as it appeared on CNBC TV channel, where it’s been reported that L&T signed a dealwith Saudi Aramco to build offshore gas u
CenturyLink has activated two 100 Gigabit waves of high capacity connectivity between New York and London on Aqua Comms’ America-Europe Connect (AEConnect) subsea cable system. The provisioning of secure and reliable capacity on the next-generation subsea fibre optic network will support CenturyLink
Oilfield services major Halliburton has seen red in the second quarter, ended June 30, 2016, as it recognized $3.5-million termination fee following a failed merger agreement with Baker Hughes and saw its revenue decline by some 35 percent. The company booked quarterly net loss of $3.2 billion ($3.7
First Subsea, has supplied a relatchable bend stiffener connector (BSC) to NOV Completion & Production Solutions for a flexible production riser for Statoil’s Gina Krog, turret moored, floating storage and offloading (FSO) vessel in the Norwegian sector of the North Sea. The Type II BSC comprises a
Subsea engineering company Viper Subsea informed that ExxonMobil has joined the joint industry project (JIP) to develop the company’s V-IR system. ExxonMobil has joined the V-IR project, which has been established through the Industry Technology Facilitator (ITF), at a crucial phase of development a
East Coast Oil and Gas Engineering (EC-OG) has secured over £1 million from Castle View Ventures and the Scottish Investment Bank for the development of subsea generation system powered by ocean currents. EC-OG is developing a power generation system known as the Subsea Power Hub (SPH) which provide
