Subsea ///

InterMoor launches acoustic release mooring connectors

InterMoor, a leading provider of mooring services, foundation solutions and offshore installations in subsea services group Acteon, has announced the market introduction of its new Inter-M Release mooring connector.

Universal Subsea Inc. introduces new subsea isolation cap at OTC

Sean Thomas, P.E., general manager at Universal Subsea Inc., presented the company’s business plan and patent-pending Wellhead Defender subsea isolation cap at the Rice Alliance Startup Roundup at OTC on April 30.

Delmar Systems, MDL launch wire rope inspection and change-out service solution

Delmar Systems and Maritime Developments (MDL) have formed a joint-partnership to launch LiveWire, an innovative solution for wire rope inspection and change-out services.

McDermott completes installation, startup for Vashishta and S1 field

McDermott International, Inc., has successfully concluded the installation and startup on Vashishta and S1 field, an engineering, procurement, construction and installation (EPCI) contract that it received from ONGC in December 2015.

Shell invests in the Vito development in the Gulf of Mexico

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, today announces the final investment decision for Vito, a deepwater development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less than $35/bbl.

Rystad: Subsea 7 aims to assume SURF throne through McDermott acquisition

Subsea 7’s attempt to acquire rival contractor McDermott could create a powerful new entity in the global market for subsea umbilicals, risers and flowlines (SURF), giving it a best-in-class market share of 24%, according to research and analysis by Rystad Energy.

Kreuz Challenger vessel mobilized for long-term Brunei Shell contract

Kreuz Subsea has mobilized a new-build dive support vessel as part of its seven-year contract with Brunei Shell.

NOIA elects 18 industry leaders to its board of directors

The National Ocean Industries Association (NOIA) elected 18 industry leaders to its board of directors on April 12, 2018, during its Annual Meeting in Washington, D.C.

Maersk Drilling, Maersk Supply Service establish JV decommissioning company

A 50-50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will leverage the companies’ heritage of over 50 years of operations to provide decommissioning services to oil and gas operators.

What’s new in production

Don Francis, Contributing Editor

The Great East Japan Earthquake and MH 21.

Technical advances solve a variety of offshore problems

As was the case last year, nearly all of this group of new technologies and next-generation improvements on existing products remains split between drilling and production applications.

OTC Spotlight on New Technology Awards: Offshore industry innovates despite muted activity

Offshore investments may still be slow to accelerate, but that hasn’t stopped companies from ramping up R&D efforts to create a safer, more efficient and more productive offshore industry.

Subsea 7 awarded sizeable EPCI contract from BP

Subsea 7 S.A. has announced the award of a sizeable contract by BP, for the provision of EPCI flowline supply and subsea installation services for the Alligin subsea development project, located approximately 140 km west of the Shetland Islands.

Aquaterra Energy designs, fabricates and installs first CSP platform offshore Trinidad and Tobago

Aquaterra Energy, a leading global offshore engineering solutions provider, has announced that it has completed the delivery of a Sea Swift conductor supported platform (CSP) for DeNovo Energy in the Gulf of Paria, offshore Trinidad and Tobago.

BSEE implements new quality assurance process

In an ongoing effort to increase responsible and efficient offshore energy operations, the Bureau of Safety and Environmental Enforcement (BSEE) has implemented a new quality assurance process for reviewing and assessing its permitting systems.

SAAB signs contract for fleet of Sabertooths

The first in a planned fleet of Saab Seaeye Sabertooth underwater electric robotic vehicles has been ordered by a leading company in the sector.

BHGE CEO presents letter to shareholders

Baker Hughes, a GE company, released its first annual report today in its current corporate structure. What follows is the “Letter to Shareholders” from BHGE Chairman and CEO Lorenzo Simonelli.

UTEC provides operator with real-world, virtual access to Canada's largest FPSO

UTEC, a global survey company in subsea services group Acteon, has delivered a bespoke Virtual Asset Management tool to an offshore Operator in Eastern Canada, to allow its team to remotely access its Floating, Production Storage and Offloading (FPSO), from their desktop.

TechnipFMC, Magma Global enter collaboration agreement for hybrid flexible pipe

TechnipFMC has agreed to terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications.

Mubadala Petroleum reaches FID for Pegaga gas field, offshore Malaysia

Mubadala Petroleum and its partners PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) and Sarawak Shell Berhad have reached the Final Investment Decision for the Pegaga gas field development in Block SK 320, offshore Malaysia. The project will now proceed to the construction and installation stage.