Subsea ///

Ocean Power Technologies establishes Houston presence

Ocean Power Technologies, Inc. has announced that it has established a presence in Houston, Texas to more effectively support the company’s oil & gas business development activities.

M2 Subsea secures vessel alliance in Gulf of Mexico

M2 Subsea, the global independent provider of ROV services, has formed an alliance with vessel operator, Harvey Gulf Marine International, to provide subsea ROV services in the Gulf of Mexico.

Newfoundland and Labrador shrug off mediocre market, as offshore projects proceed

Kurt Abraham, World Oil

Despite less than ideal oil prices, operators are proceeding with multiple field projects offshore Newfoundland, given their long timeframes. The exploration side of the local industry is also active, while provincial officials consider the next role for the long-serving, Bull Arm fabrication site.

U.S. operators are teed up for a drilling resurgence

Alex Endress, Craig Fleming, Kurt Abraham, World Oil

Drilling activity is noticeably higher, as American drillers climb out from historically low levels.

New decommissioning company targets £200-million investment

Well-Safe Solutions, set up by a group of oil industry stalwarts - including Alasdair Locke, Mark Patterson, and Paul Warwick - will provide a ground-breaking approach to the safe and cost-efficient decommissioning of subsea wells.

Expro secures well abandonment contract for UK North Sea multi-field campaign

Expro has been awarded a substantial contract from global oil and gas company Maersk Oil for the provision of subsea and well test services on two offshore units in the North Sea.

Saipem secures $900-million contract for EPCI activities at Zohr field

Saipem and Petrobel have finalized offshore contract variations worth $900 million for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimized Ramp Up” phase of the giant Zohr field development project, situated in the Mediterranean Sea off the Egyptian coast.

Subsea engineering firm SengS nets £1.6 million worth of contracts

A northeast engineering services firm, acquired by a private-equity backed manufacturer last year, has continued to build upon recent momentum with the announcement of new contracts worth £1.6 million.

ABIS seals agreement to support Spanish port development

ABIS Holdings Energy Services Ltd. has signed an agency agreement to support the development and operation of an offshore supply base on the Spanish island of Gran Canaria.

Aquaterra Energy signs investment deal with EV

Aquaterra Energy, a leading global offshore engineering solutions provider, has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches.

Schlumberger awarded EPCIC contract for Taqa's Otter field in the UK North Sea

OneSubsea, a Schlumberger company, has announced the award of an engineering, procurement, construction, installation and commissioning (EPCIC) contract for a subsea multi-phase boosting system by Taqa for Otter field in the UK North Sea.

TFKable to acquire JDR Cable Systems

JDR Cable Systems (Holdings) Ltd., a supplier of subsea umbilicals and power cables to the offshore energy industry, has announced that it is to be acquired by TELE-FONIKA Kable (TFKable).

Trendsetter Engineering completes live well operations with 15,000-psi subsea hydraulic intervention system

Trendsetter Engineering has successfully completed live well operations with the new 15,000-psi subsea hydraulic intervention system (STIM). The STIM system, which had previously been utilized for subsea hydrate remediation work, has now completed seven subsea projects in the GOM since November 2016, in water depths ranging from 2,500 ft to 7,200 ft.

Sharper solutions yield relevance on the cutting edge

Mike Slaton, Contributing Editor

The answer is always changing. What works today probably won’t be the solution tomorrow. In addressing the current demands of the offshore industry, the biggest single challenge may be staying relevant.

C-Kore Systems inks agreement with Shell for subsea technology

C-Kore Systems have developed a new subsea technology which is expected to save the UKCS subsea industry time and money.

M2 Subsea awarded numerous DNV-GL certifications

M2 Subsea, the global independent provider of ROV services, has been awarded a raft of industry certifications from DNV-GL for its management system standards, just seven months after starting up.

GE, Eni sign agreement to develop gas resources offshore Mozambique

GE Oil & Gas has signed an agreement to collaborate with Eni East Africa, on the offshore Mozambique developments it operates.

Oseberg Vestflanken 2 platform, jacket set sail

At Heerema Zwijndrecht, one of the production locations of Heerema Fabrication Group (HFG), the topside for the Oseberg Vestflanken 2 Unmanned Wellhead Platform sailed out on Sunday, June 25. The jacket followed on Monday, June 26.

Seatronics supports global oilfield engineering services provider with key Brazilian project

Seatronics has supported a global oilfield provider of engineered services and products, with a key project in Brazil through the supply of subsea equipment.

Claxton awarded casing cutting, recovery combined services contract with southern North Sea operator

Claxton, a leading supplier of engineering and services for shallow-water, jackup-depth markets in subsea services company Acteon, has been awarded a contract to riglessly casing cut and recover a total of seven wells in the southern North Sea across two of the operator’s, normally unmanned, platforms, along with an additional subsea suspended well at one of the locations.