Subsea ///

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.

Aquaterra Energy wins multi-million-pound North Sea abandonment contract

Aquaterra Energy, a leading global offshore engineering solutions provider, has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea.

BSEE rule allows industry more development time

A final regulation by the Bureau of Safety and Environmental Enforcement (BSEE) doubles the amount of time offshore oil and gas operators will have to coordinate development operations and retain their leases in federal waters of the U.S. Outer Continental Shelf.

UTEC secures contract win with Saipem for support of Zohr field

UTEC, a leading global survey company in subsea services group Acteon, has been awarded a contract with world leading subsea construction company Saipem to support its operations as part of the Zohr Field Development Project.

TechnipFMC awarded three-year well intervention contract in Australia

TechnipFMC has entered into a three-year frame agreement with Woodside Energy in Australia for Riserless Light Well Intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services.

P&A retrieval operation enhances long-term well integrity

Roar Pedersen, Silje Harestad, Archer

A new plug system is designed to help operators plug and abandon wells more safely, more efficiently, and more economically, by increasing hang-off loads, reducing rig site handling, and enabling pressure testing, both above and below the plug.

Aquaterra Sea Swift platform installed and operating in Egypt

Aquaterra Energy, a leading global offshore engineering solutions provider, has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Company’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt.

Trouble brewing for OPEC as once costly deepwater drilling turns cheap

Reports of deepwater drilling’s demise in a world of sub-$100 oil may have been greatly exaggerated, much to OPEC’s dismay.

Bibby Offshore secures significant contract with TAQA

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has been awarded a significant contract with TAQA for subsea construction works in Eider field, located 184 km north-east of Shetland.

Ensco to acquire Atwood Oceanics, Inc.

Ensco plc and Atwood Oceanics, Inc., have jointly announced that they have entered into a definitive merger agreement under which Ensco will acquire Atwood in an all-stock transaction.

GE Oil & Gas and Alpha Petroleum to partner on North Sea’s Cheviot oil field

Alpha Petroleum, which is backed by upstream oil and gas investment firm Petroleum Equity, today announces an agreement with GE Oil & Gas to partner on the advancement of the subsea infrastructure for the Cheviot oil field, one of the largest undeveloped fields in the UK North Sea with 55 MMbbl of oil and 20 MMboe of future gas production.

Wood Group signs long-term, global agreement with Hess Corp.

Hess Corporation has signed a non-exclusive, 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations & maintenance, integrity management, subsea, and decommissioning services.

Trump proposes $204.9 million budget for BSEE in 2018

President Donald Trump has proposed a $204.9 million Fiscal Year (FY) 2018 budget for the Bureau of Safety and Environmental Enforcement (BSEE).

Subsea Systems Institute launches digital upstream project

The Subsea Systems Institute (SSI) announces that, in partnership with Endeavor Management and World Oil, it will sponsor an industry-based initiative focused on adapting the broad area of digitalization to the upstream oil and gas industry.

Petrobras starts production on platform P-66 in Santos Basin's pre-salt Lula Field

Petrobras and its partners in the BM-S-11 Consortium have started producing oil and natural gas from the Santos Basin’s pre-salt Lula Sul field.

Wild Well purchases subsea capping equipment from Shell EP Wells Equipment Services

Wild Well Control, Inc., a well control and engineering services company, has purchased subsea capping equipment from Shell EP Wells Equipment Services B.V.

ACE Winches, Scantrol AS provide combined active heave compensation solution to Saipem

Leading global deck machinery specialist, ACE Winches has successfully delivered and engineered a back deck solution for Saipem. Working to a tight deadline of three and half weeks, ACE Winches worked in conjunction with Scantrol AS to supply a deck machinery solution which included an Active Heave Compensation winch and A-frame solution that will be used as an auxiliary deepwater deployment system for subsea equipment.

Bollinger's 4,000-ton drydock arrives in Algiers, La.

Bollinger Shipyards has announced the arrival of the drydock Mrs. Jody, with a total lifting capacity of 4,000 tons at Bollinger Algiers in Louisiana.

Wood Group awarded conceptual engineering contracts for Chevron's Tigris, Anchor

Wood Group has signed a 10-year master services agreement (MSA) with Chevron that allows them to deliver conceptual engineering, pre-front-end engineering design (pre-FEED), FEED, detailed design and procurement services in multiple locations across Chevron’s global onshore and offshore asset portfolio.

2H Offshore launches JIP to drive intelligent efficiencies

2H Offshore, riser and conductor specialists in subsea services group Acteon, is pleased to announce the launch of the STREAM (STeel Riser Enhanced Analytics using Measurements) Joint Industry Project (JIP), which will see 2H Offshore work with operators to find efficiencies for the industry.