A research by industry body, Subsea UK, has found that, 90% of surveyed companies in the UK’s subsea industry have in the last 18 months seen sales drop by 30-50% or more. Of those, 28% have lost half their revenues with sales decreasing by 50% or more, while close to 6% reported no impact on sales
The video above shows Wintershall’s flagship development in Norway achieving a new milestone as the subsea templates for the Maria field were installed last week some 210 kilometres offshore Kristiansund, Norway. Two subsea templates arrived in Kristiansund in May onboard the heavy load carrier Meri
German oil and gas producer Wintershall completed the installation of subsea templates for the Maria field, offshore Norway, last week. The subsea templates travelled 210 km from Kristiansund, Norway to the field location in the Norwegian Sea and were installed at 300 meters water depth. Wintershall
Italian oilfield services provider and drilling contractor Saipem has been awarded several new drilling contracts and extensions to existing contracts. The contracts of a combined value of around 150 million euros, are for work in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America
Statoil, operator of production licence 272, has encountered gas and condensate after the completion of the drilling of wildcat well 30/11-13. The well was drilled eight kilometres southeast of the 30/11-8 S (Krafla) discovery, and about 27 kilometres south of the Oseberg South facility in the North
Siemens has developed and tested a new product for better subsea Ethernet communication. The Advanced Converter & Switch (ACS) is making it possible to communicate at higher data rates and over longer lengths, the company explained. This communication solution can be used for connecting to existing
Tekmar Energy has carried out a full-scale demonstration of its products at The Underwater Centre, based in Fort William. The objective of the demonstration was to prove the ability to rapidly and reliably remove a cable protection systems (CPS) without the need for divers, the company explained. Te
Wood Group Mustang and Grupo Diavaz, a Mexican oil & gas operator and services company, have created a joint venture engineering business Mustang Diavaz. Mustang Diavaz is based in Mexico City and will provide engineering, procurement and construction management services to onshore and offshore faci
The International Association of Dredging Companies (IADC) Young Author Award will be presented at the World Dredging Congress and Exposition (WODCON) in June in Miami, Florida. The annual Award is given to stimulate the promotion of new ideas and to encourage young people working in the dredging in
InterMoor, an Acteon company, has completed the final tensioning and chain cutting operations on the FPSO Turritella for the Shell Stones project, located in the Walker Ridge protraction area in the U.S. Gulf of Mexico. InterMoor stated in a press release on Wednesday that the FPSO Turritella will c
During Aker companies investor day 2016 at Fornebu on Tuesday, Det norske CEO Karl Johnny Hersvik revealed that the oil company has awarded a subsea contract for christmas trees to Aker Solutions for Alvheim field, Det norske’s core area of production. In addition, Subsea 7 has been awarded a contra
InterMoor, an Acteon company, has completed the final tensioning and chain cutting operations on the FPSO Turritella for the Shell Stones project, located in the Walker Ridge protraction area in the Gulf of Mexico. The FPSO Turritella will connect to subsea infrastructure located beneath approximate
Dril-Quip, a Houston-based designer and manufacturer of offshore drilling and production equipment, has completed a fourth subsea tree installation on Premier Oil’s Catcher field development, in the UK part of the North Sea. The company said on Tuesday that the installation was done at a depth of 29
Siem Offshore Contractors has started laying the first inter-array cable in the construction area of the Nordsee One offshore wind farm. The fifty-four turbines will be connected to the offshore substation by ten strings of cables with an overall length of approximately 70 kilometres. Tim Kittelhake
