Subsea ///

ADNOC’s first investor forum highlights co-investment, partnership opportunities

ADNOC hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu Dhabi, providing attendees with a deeper understanding of ADNOC’s transformation and delivery, value creation plans, 2030 smart growth strategy and pipeline of new partnership and co-investment opportunities across its value chain.

BP starts up Clair Ridge production offshore UK

BP, on behalf of co-venturers Shell, Chevron and ConocoPhillips, have announced first oil production from the giant Clair Ridge project in the West of Shetland region offshore UK.

Ashtead Technology acquires Welaptega

Global subsea equipment solutions specialist, Ashtead Technology has further bolstered its rapidly-expanding inspection, maintenance and repair (IMR) services and capabilities with the acquisition of Canadian-based underwater inspection company, Welaptega.

Fugro achieves significant cost savings through innovative ROV deployment technique

Fugro says its innovative use of platform deployed ROV (PDROV) technology has demonstrated substantial reductions in the costs of subsea jacket inspections and significant operational improvements.

Enpro Subsea and Kosmos Energy commit to subsea ‘smart standardization’ in GoM

Enpro Subsea has announced that it has reached an MSA with Kosmos Energy aimed at providing enhanced subsea architecture and smart standardization via Enpro’s patented flow access module (FAM) technology.

Companies in the news

Michele Cowart, World Oil

Ashtead Technology has completed a subsea installation monitoring project for Subsea7 in support of Equinor’s Utgard development, in Blocks 15/8 (NCS) and 16/18a (UKCS) of the central North Sea.

Innovative installation technology potentially “punches above its weight class”

Art J. Schroeder, Jr., Safe Marine Transfer; Collin Gaskill, Trelleborg Offshore & Construction; Scott Draper, River Lab UWA

The technologies and techniques presented significantly reduce deepwater subsea equipment installation and recovery costs, reduce upfront capital equipment cost and facilitate optimized field development.

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.