M² Subsea wins GBP 1M contract
M² Subsea has secured its first contract award which is valued in excess of GBP 1M. The project will see the firm supplying the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system.
DNV GL research paper on ‘all subsea’ solution
DNV GL launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an ‘all subsea’ solution.
Subsea sector reacts positively to UK budget
Subsea UK, the body that champions the UK’s subsea industry, has welcomed the measures presented in this year's UK budget.
Energy Minister recognises subsea excellence at RO
The UK Secretary of State for energy and climate change has hailed subsea services company ROVOP as “a leading specialist in its field” and one which is ensuring that the country remains at the global vanguard of the energy industry.
Survey reveals UK subsea companies set for 2013
Subsea companies across the UK are set to grow by 20% or more in 2013, with some companies anticipating more than 50% growth.
WorleyParsons awarded Chevron Lucapa Project
Cabinda Gulf Oil Company Limited has selected WorleyParsons Angola Limitada (WPAL) and INTECSEA, Inc. to execute the Front End Engineering and Design (FEED) for the Subsea Facilities associated with the Lucapa field.
BP plans Central North Sea gas project
BP has announced the successful start-up of the Devenick gas project in the central North Sea, a subsea tie-back to Marathon Oil’s East Brae platform, which provides an important new source of domestic gas for the UK.
Subsea 7 to develop gas export pipeline
Subsea 7 S.A. has been awarded the Varg Gas Export Contract from Talisman Energy Norge AS for the development of a gas export pipeline at the Varg field, located 200 km off the Norwegian coastline. The contract is for the engineering, procurement, installation and construction of a 6km flow line and flexible riser system as well as the installation of associated subsea structures, protection systems, and tie-ins. Engineering and project management will commence immediately at Subsea 7's Stavanger office with offshore operations due to begin in 2013.
GE & Petrobras sign record contract
GE Oil & Gas has signed a record deal of nearly $1.1B (USD) with Brazilian energy company Petrobras. This is the world's largest subsea wellhead production contract.
Technip receives subsea contract
Technip has received an installation contract worth over EUR 20 million from EOG Resources, Inc., for the development of the Conwy field in the East Irish Sea. As per the contract, Technip will cover welding and installation of an 11.4km, 8in production pipeline and an 8in water injection pipeline