Subsea ///

ADNOC CEO says oil and gas industry a critical enabler of economic growth

The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO, ADNOC.

Global oil and gas leaders discuss evolving energy landscape

Twenty-six of the world’s leading oil and gas sector leaders gathered in Abu Dhabi on Sunday, for a high-level industry forum focused on the evolving dynamics of the energy landscape, and the opportunities for hydrocarbon-produced energy to support global growth, today, and in the future.

Topaz signs long-term agreement with Reach Subsea

Topaz Energy and Marine, a leading offshore marine logistics company has signed a long-term agreement with Reach Subsea under which Reach will charter the newbuild subsea vessel, Topaz Tiamat.

Ashtead signs global master lease agreement with Oceaneering

Independent provider of subsea equipment rental, sales and services to the offshore industry, Ashtead Technology Limited has announced that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider, Oceaneering International Inc.

Fugro, L3 ASV partner to develop next-generation autonomy

Fugro has signed a joint development agreement with L3 ASV, a leader in the field of unmanned and autonomous vessel technology, to create the next generation of autonomous vessels for the commercial survey market.

Kreuz Subsea, Seamec consortium mobilize Kreuz Glorious for two-year ONGC project

Global integrated subsea services business, Kreuz Subsea and consortium partner Seamec Ltd, have successfully completed the mobilization of the Kreuz Glorious vessel to commence a two-year project with India’s Oil & Natural Gas Corporation (ONGC).

Siemens completes shallow water test of subsea power grid

Siemens has successfully concluded the first phase of its subsea power grid shallow water test in Trondheim, Norway.

Wartsila acquires Spanish Burriel Navarro

The technology group Wärtsilä has acquired Burriel Navarro, S.L, a company operating in underwater services in the main ports of Spain.

Rovco expands ROV fleet with new Falcon DR ROV

UK subsea services company, Rovco, has expanded its ROV and hydrographic survey capabilities with the addition of a Saab Seaeye Falcon DR ROV to its fleet.

ROVOP acquires M2 Subsea's entire ROV fleet

ROVOP, the independent provider of underwater remotely operated vehicles (ROVs), has today announced the purchase of the entire fleet of 28 ROV systems from M2 Subsea.

Modern facies analysis brings greater accuracy to reservoir models

Deriving facies models from the outcomes of seismic inversions, and their derivatives, has become standard practice in reservoir characterization workflows.

C-Kore Systems launches new in-line testing tools

C-Kore Systems are proud to announce a new ‘in-line’ version of their C-Kore subsea testing tools.

Data-driven solutions improve oil field productivity

Glen Breerwood, Christoffer Nåden, Halliburton

A suite of permanent monitoring products takes well monitoring one step further by providing accurate, reliable and cost-effective multi-point temperature and pressure sensing.

Chevron exits Norway as wider retreat looms from North Sea

Chevron Corp. is selling its last remaining oil exploration license in Norway, putting it one step closer to a full retreat from the aging North Sea basin as the U.S. major seeks higher returns elsewhere.

New products and services

Michele Cowart, World Oil

Nine Energy Service has rolled out enhanced SkyView wireline trucks.

Companies in the news

Michele Cowart, World Oil

Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, has reached Johan Sverdrup field.

C-Innovation opens new Port Fourchon dock facility

C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has opened a new dock facility in Port Fourchon, La., to expand the capabilities of its Subsea Services group.

Aker Solutions wins subsea order for giant Mero field, offshore Brazil

Aker Solutions has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1 project within the Mero field development, one of the largest oil discoveries in Brazil's pre-salt area.

TVO inks agreement with SubseaDesign for tethered BOP system

Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has signed an agreement with SubseaDesign AS in Norway, providing SubseaDesign sole rights to market and commercialize TVO’s patented Tethered BOP design for use in the Norwegian sector of the North Sea.

PDO for Norway's Nova development gets green light

Wintershall Norge AS and its partners have now received approval by the Ministry of Petroleum and Energy for the plan for development and operation (PDO) for the Nova development, about 120 km northwest of Bergen, Norway.