Subsea ///

Texas A&M to lead new Ocean Energy Safety Institute

The Texas A&M Engineering Experiment Station will collaborate with energy-sector stakeholders, several national labs and universities in ten states as the manager of a new Ocean Energy Safety Institute.

Biden loosens Nord Stream 2 pipeline sanctions, but startup challenges remain

A natural gas pipeline linking Russia and Germany edged closer to completion after the Biden administration loosened sanctions of the controversial project, but significant hurdles remain before the fuel can start flowing under the Baltic Sea.

Developing pre-rig solutions that are greener, safer and more efficient

Jostein Aleksandersen, Neodrill

There is an increased focus in the oil and gas sector to look further afield to opportunities presented in deepwater locations. Because of this, finding cost-efficient solutions and overcoming the associated challenges that arise below 1,000 ft will be vital for the success of new activity.

Dutch government invites Shell, Exxon to join $2.6B subsea carbon storage plan

The project at the Port of Rotterdam could sequester about 2.5 million metric tons of carbon dioxide annually by storing it in depleted gas fields in the seabed. The four companies involved—Shell, Exxon, Air Liquide SA, and Air Products and Chemicals Inc.—will receive state backing for the plan, according to Sjaak Poppe, a spokesman for the port.

CGG and dCarbonX sign strategic agreement for decarbonization exploration

CGG has signed a strategic agreement to support dCarbonX in the subsurface assessment of its operated clean energy projects offshore Ireland and the UK, which include geothermal energy and storage sites for CO2, hydrogen and ammonia.

Exxon proposes federally-funded $100B carbon capture facility on Texas Gulf Coast

In what would be the world’s biggest carbon carbon and sequestration project, Exxon, along with a multitude of private and public partners, would build a facility to collect emissions from refineries, petrochemical plants and other industrial facilities along the Houston Ship Channel, Joe Blommaert, president of Exxon’s new low-carbon business said in a blog post.

Maersk Drilling secures four-well intervention contract for Mærsk Developer in Brazil

The contract is expected to commence in the first half of 2022, with a firm duration of 110 days. The value of the firm contract is approximately USD 34m, including rig modifications and a mobilization fee.

Halliburton and Optime Subsea form global subsea services alliance

The strategic alliance between Halliburton and Optime Subsea will jointly commercialize and deploy innovative and efficient subsea interventions and controls.

VARD wins North Star Renewables contract for three SOVs to operate on Dogger Bank Wind Farm

VARD has secured contracts for the design and construction of three Service Operation Vessels (SOVs) for North Star Renewables in Scotland. The state-of-the-art hybrid trio will operate on the Dogger Bank Wind Farm in the North Sea.

Novel flexible pipe overcomes challenges in pre-salt subsea developments

Andre Macedo, Mauricio Brandao, Baker Hughes

An innovative technological solution has overcome flexible pipe corrosion cracking in high CO2 content fields, including Brazil’s pre-salt offshore developments. The new pipe system is verified to extend service life by at least 50%, compared to standard flexibles.

Noble Corp to acquire Pacific Drilling in all-stock deal

Noble Corporation and Pacific Drilling Company have entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction.

Baker Hughes and Horisont Energi team on Barents Sea carbon capture and storage project

Baker Hughes and Horisont Energi AS have signed a memorandum of understanding for the Polaris carbon storage project off the northern coast of Norway. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport and storage (CCTS).

Baker Hughes pioneers flexible pipe solution to overcome stress corrosion cracking

Baker Hughes has reached a significant technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments.

TechnipFMC to develop floating offshore wind projects in partnership with Magnora

TechnipFMC has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.

Expro and FTAI Ocean form subsea well intervention alliance

Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean for the supply of the DP3 M/V Pride well intervention vessel to provide full light well intervention services to the subsea oil and gas sector.

Forum Energy Technologies appoints Brazilian partner to support growth in South America

Forum Energy Technologies has entered into a partnership with Brazil’s Deepsea Technologies Equipamentos Industriais Ltda as part of their long-term growth strategy in South America.

ClassNK releases ROV/AUV performance and safety requirements

Classification society ClassNK has released its “Guidelines for ROV/AUV” which summarize the performance and safety requirements for remotely operated underwater vehicles and autonomous underwater vehicles as part of its activities to meet industry needs related to the establishment of safety standards for innovative technologies and third-party certification.

Baker Hughes and Akastor ASA form global offshore drilling joint venture

Baker Hughes and Akastor ASA have announced an agreement to create a joint venture company that will bring together Baker Hughes’ Subsea Drilling Systems business with Akastor’s wholly owned subsidiary, MHWirth AS.

Oceaneering lands integrated rig services contract in the U.S. Gulf of Mexico

The work scope includes the provision of remotely operated vehicles with collocated ROV tooling and technicians, remote positioning and metrology survey resources, and installation and workover control system equipment and technicians.

Israel and Egypt discuss natural gas pipeline link

The announcement comes as nations in the eastern Mediterranean ramp up investments in offshore gas fields. Egypt is seeking to become a major hub for exporting LNG to Europe, where demand is growing as governments transition from dirtier fossil fuels such as coal and oil.