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Kreuz Subsea Delivers Project Off India
Equipment

Kreuz Subsea Delivers Project Off India

Singapore-based Kreuz Subsea recently undertook a hot tapping project on live pipelines, completing three hot taps and interconnecting spools for an EPC contractor and an undisclosed oil and gas major, on the West coast of India. Oceaneering’s smart taps (2 x 12” + 1 x 14”) with furmanite tooling, w

about 10 years ago
Diamond Offshore,Trelleborg Partner on Helical Riser Buoyancy
Equipment

Diamond Offshore,Trelleborg Partner on Helical Riser Buoyancy

Diamond Offshore Drilling and Trelleborg have entered into a joint development agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. The agreement will see Diamond Offshore work with Trelleborg on further application engineering, data acquisiti

about 10 years ago
Diamond, Trelleborg to build new riser tech for offshore drilling market
Equipment

Diamond, Trelleborg to build new riser tech for offshore drilling market

Drilling contractor Diamond Offshore Drilling and Trelleborg’s offshore operation have entered a Joint Development Agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. According to a press release by Diamond Offshore, this patented riser buoya

about 10 years ago
UK Subsea Sector Needs Government Support, Industry Body Says
Equipment

UK Subsea Sector Needs Government Support, Industry Body Says

Subsea UK, is leading a delegation of subsea companies across the country’s supply chain to Westminster on June 15th to outline what is required of Government to help the industry in the lower, for longer oil price environment. Subsea UK believes that out of 120,000 job losses in the oil & gas indus

about 10 years ago
Statoil Ahead of Schedule and Below Budget with Gullfaks Template
Equipment

Statoil Ahead of Schedule and Below Budget with Gullfaks Template

The Norwegian Petroleum Directorate (NPD) has granted the licensees in Gullfaks (production licence 050) consent to start-up the facilities on the Rutil deposit on Gullfaks South, and to start producing. Rutil is a gas-filled structure on Statoil-operated Gullfaks South, located in the Tampen area i

about 10 years ago
PwC on North Sea future: ‘The window of opportunity is now’
Equipment

PwC on North Sea future: ‘The window of opportunity is now’

Fifty-eight percent (58%) of senior oil and gas executives across the UK, Norway, and Holland feel positive about the future of the North Sea basin despite real and present threats, however, window of opportunity to transform North Sea business is slowly closing, PwC audit, assurance, tax and consul

about 10 years ago
Plexus to Raise $8.5 Mln to Support Firm Through Oil Downturn
Equipment

Plexus to Raise $8.5 Mln to Support Firm Through Oil Downturn

Plexus Holdings said it has agreed the terms of a conditional placing to raise £6 million ($8.5 million) before expenses, by way of a placing of 9,230,770 new ordinary shares at a price of 65 pence per ordinary share to new and existing investors. The placing is intended to strengthen Plexus’ balanc

about 10 years ago
DNV GL’s guideline moves to trash excess subsea paperwork
Equipment

DNV GL’s guideline moves to trash excess subsea paperwork

Offshore and maritime classification society DNV GL has launched a guideline which “trashes unnecessary subsea documentation.” According to DNV GL, customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. The guideline “Technical d

about 10 years ago
IHC Designs New Inter-Array Cable Layer
Equipment

IHC Designs New Inter-Array Cable Layer

IHC has introduced a new inter-array cable-laying vessel designed to facilitate more efficient offshore wind farm installations. The vessel is approximately 106 meters long with breath of 22 meters. According to IHC, the new design should reduce costs for inter-array cable-laying operations by 20 to

about 10 years ago
AAE-1 Subsea Cable Lands in Oman
Equipment

AAE-1 Subsea Cable Lands in Oman

Omantel has announced the landing of the Asia Africa Europe-1 (AAE-1) submarine cable system in Oman, local media reported. AAE-1 is a 25,000 km system owned by a consortium of 19 global service providers that will connect Southeast Asia to Europe across Egypt. The cable connects Hong Kong, Vietnam,

about 10 years ago
Basslink Interconnector Back in Business
Equipment

Basslink Interconnector Back in Business

Basslink informed that the electricity interconnector has returned to service ahead of its expected return to service date of June 14, 2016. Basslink Telecoms (the fibre optic cable) was back in service on Friday 10 June. Reportedly, Basslink resumed operation at 11:51 am, exporting power from Tasma

about 10 years ago
DNV GL Helps Trim Subsea Documentation
Equipment

DNV GL Helps Trim Subsea Documentation

A two-year cross-industry project led by DNV GL has delivered a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project. DNVGL-RP-O101 ‘Technical documentation for subsea projects’ detail

about 10 years ago
Barakah Offshore enters welding deal with Murphy
Equipment

Barakah Offshore enters welding deal with Murphy

Malaysia’s Barakah Offshore Petroleum Berhad has received a Letter of Award for an umbrella contract for the provision of welding services for drilling and subsea program from the oil and gas company Murphy Oil. The contract was awarded to Barakah’s wholly-owned subsidiary company, PBJV Group Sdn Bh

about 10 years ago
Chinese firms in offshore co-op pact
Equipment

Chinese firms in offshore co-op pact

China’s Hilong Group and Sinopec Offshore Oilfield Services Co., Ltd. have signed a strategic cooperation framework agreement in Shanghai. The companies will collaborate in offshore engineering and design, oilfield equipment, oilfield services, and pipeline construction equipment and services. Furth

about 10 years ago
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