Subsea ///

PRT Offshore commissions In-line Compensator in Gulf of Mexico

PRT Offshore’s innovative In-line Compensator (ILC) has been successfully deployed and operated from a deepwater drillship in 3,500 ft of water in the Gulf of Mexico.

Statoil joins Aker BP, Lundin and NOV in subsea JIP

Statoil is the latest addition to a Joint Industry Project (JIP) attempting to revolutionize subsea boosting pumps.

Wärtsilä announces acquisition of Trident B.V.

The technology group Wärtsilä strengthens its service offering by acquiring Trident B.V., a Netherland based company specialized in underwater ship maintenance, inspection and repair services.

Global Marine Group announces new offshore business unit

The Global Marine Group (GMG), a market leader in offshore engineering services to the telecommunications, renewables and oil & gas industries, announced today the launch of Global Offshore, a new business unit that will deliver trenching and power cable laying services to the oil & gas sector.

Aker Solutions wins orders from Aker BP for offshore Norway fields

Aker Solutions won orders from Aker BP for the Skogul and Valhall Flank West oil fields, offshore Norway.

Subsea UK review shows £7.5-billion subsea industry supports 45,000 jobs

Subsea UK’s latest business activity review reveals that the industry is generating annual revenues of £7.5 billion, compared to £8.9 billion in 2014.

Aker Solutions secures subsea services agreement with Statoil

Aker Solutions has secured a framework agreement to provide subsea services for Statoil-operated oil and gas fields offshore Norway.

Well foundation technology to cut well costs, improve safety and reduce environmental impact

The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Center (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.

What's New in Production

Don Francis, Contributing Editor

‘Tis the reason…

Drilling Advances

Jim Redden, Contributing Editor

Bigger nail and hammer

NL official says province has much to offer oil and gas investors

Kurt Abraham, World Oil

An interview with Newfoundland and Labrador Minister of Natural Resources Siobhan Coady

Newfoundland and Labrador ranks among top regions globally for upstream potential

Kurt Abraham, World Oil

Current dynamics should portend prosperity, but over-regulation could alter the picture.

Aker Solutions to provide subsea production system for Aker BP's Ærfugl

Aker Solutions was awarded a contract from Aker BP to deliver the subsea production system for the first phase of the Ærfugl development offshore Norway.

Woodside awards Greater Enfield subsea rig interface work to ICON Engineering

Woodside Energy has awarded ICON Engineering a scope of works providing subsea rig interfaces for the Greater Enfield oil development project.

Aker Solutions wins NOK 4 billion worth of Johan Castberg orders

Aker Solutions won key work to help Statoil develop Johan Castberg field, the largest oil discovery in the Norwegian Barents Sea.

Acteon completes purchase of Viking Seatech Group

Subsea services group Acteon has announced that it has enhanced its moorings capabilities by completing the purchase of the Viking Seatech Group.

AFGlobal to provide lifecycle riser services for IFP Energies Nouvelles

AFGlobal today announced that it has entered into an agreement with IFP Energies nouvelles (IFPEN), the developer of the Clip-Riser technology, to provide inspection, maintenance and repair of IFPEN drilling risers.

Ashtead boosts rental fleet with £1-million investment

Global subsea equipment specialist, Ashtead Technology, has boosted its rental fleet with an investment of £1 million in the latest iXblue technology over the past 12 months.

North Sea tax measure to unlock upstream UKCS investment, says Oil & Gas UK

Chancellor Philip Hammond today announced a tax measure that will unlock further investment in the UK North Sea by enabling more assets to change hands and allow new owners to provide fresh investment in many mature oil and gas fields.

BP to sell Bruce assets to Serica Energy

BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc. BP currently operates the assets, which comprise Bruce, Keith and Rhum fields, three bridge-linked platforms and associated subsea infrastructure.