Subsea ///
The strategic alliance between Halliburton and Optime Subsea will jointly commercialize and deploy innovative and efficient subsea interventions and controls.
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.
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 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 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 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 has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.
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 has entered into a partnership with Brazil’s Deepsea Technologies Equipamentos Industriais Ltda as part of their long-term growth strategy in South America.
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.
The Alfa Laval company and pump manufacturer Framo will supply pumping systems for foundations of Scotland’s largest offshore wind farm project. It is the second order for pumping systems in this application, and marks an important milestone as it applies the company’s extensive experience from the offshore industry to renewable energy applications.
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.
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.
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.
The agreement provides LLOG access to Eni and Marubeni Oil & Gas’ existing subsea infrastructure connected to the Williams-owned Devils Tower Spar in Mississippi Canyon 773 to optimize its development of the Taggart discovery.
The UK's Crown Estate auctioned seabed rights that will allow about 8 gigawatts of new wind farms, enough to power more than 7 million homes. With oil majors taking a majority of the sites, it’s a sign that green energy companies are facing a new era of competition for some of the world’s biggest renewable energy projects.
The leading representative body for the UK oil and gas industry has today announced the appointment of a new co-chair to its board, as the sector focuses on the industry’s recovery whilst meeting net-zero targets for 2021.
C-Innovation, LLC announced a one-year contract extension with BP for Riserless Light Well Intervention in the Gulf of Mexico. The Island Venture and team are currently mobilized and in the field working on one of BP’s assets.
Keppel Offshore & Marine will exit the offshore rig building business, after completing the existing rigs under construction, the company said in a statement.
“The region that would bear the brunt of the oil and gas ban are the deep waters of the Gulf of Mexico since it’s entirely owned by the U.S. government,” said Elisabeth Murphy, ESAI Energy LLC upstream analyst for North America. It would mean a 40% output drop for the Gulf by 2030, she said.