Mermaid Loss Widens

November 15, 2019

Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $6.4 million for the three-month period ended September 30, 2019. This...

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Aker Solutions Launches Subsea Gas Separation JIP

November 15, 2019

Aker Solutions, along with a group of leading oil and gas operators, has launched a joint industry project with the aim of making subsea gas separation a reality. Using CO2 injection to increase...

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Saipem Grabs Subsea Deal in Guyana

November 14, 2019

Saipem has secured a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana (EEPGL) for the proposed Payara development project located in the Stabroek block. The contract...

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NPCC Adds New Subsea Vessel to Its Fleet

November 14, 2019

The National Petroleum Construction Company (NPCC), a part of Senaat, owned by the Government of Abu Dhabi, has expanded its fleet with a new offshore and subsea construction vessel. The new vessel,...

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William Hackett Launches Offshore and Subsea Lever Hoist

November 12, 2019

William Hackett has launched SSL5, incorporating its patented quad pawl (QP) mechanism – positioned as one of the safest offshore and subsea lever hoist. “It’s a piece of engineering innovation...

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Baker Hughes Bags Apache Subsea Deal

November 08, 2019

Baker Hughes said that is has been awarded a multi-year subsea frame agreement by Apache’s North Sea subsidiaries. The deal will see Baker Hughes deliver a suite of subsea equipment and services...

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UK Approves Chrysaor’s MacCulloch Subsea Decommissioning Programme

November 06, 2019

UK oil and gas authorities have approved Chrysaor’s MacCulloch subsea installations decommissioning programme in the North Sea. The selected option for the facilities is to remove, dismantle...

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OneSubsea Bags Subsea Compression Deal for Ormen Lange

November 01, 2019

OneSubsea, a division of Schlumberger, has secured an engineering, procurement, construction and installation (EPCI) frame agreement from A/S Norske Shell to supply a subsea multiphase compression...

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New DNV GL RP Addresses Subsea Processing and Pumping Obstacles

October 31, 2019

A new DNV GL recommended practice (RP) has unlocked new opportunities for the oil and gas sector to deliver more cost-efficient and environmentally friendly subsea processing for improved...

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Baker Hughes Improves Quarterly Profit

October 30, 2019

Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September 30, 2019. The result compares with $13 million profit in Q3 2018, and $9 million...

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Jan De Nul Delivers Farmosa 1 Subsea Scope

October 29, 2019

Jan De Nul has completed an EPCI scope for foundations, power cables and scour protection on the Formosa 1 Phase 2 offshore wind farm, located in Miaoli County, Taiwan. The wind farm is owned by a...

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DeepOcean Unveils New Name of Subsea Trenching Unit

October 28, 2019

DeepOcean Group has revealed the new name and brand for its subsea trenching division that will become Enshore Subsea from November 01, 2019. Enshore will be based at the Port of Blyth in the North...

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DNV GL Gets Bay du Nord Task

October 28, 2019

DNV GL has been selected as Equinor’s certifying authority and classification society for Bay du Nord oil field in the Flemish Pass Basin. DNV GL will ensure that new infrastructure to be built...

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PLDT Adds International Capacity with Jupiter Subsea Cable

October 24, 2019

PLDT has finalized the technical and management agreements with a consortium of international providers to further increase its capacity and resiliency of its direct undersea fiber links to the...

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TechnipFMC Sees Profit Fall Despite Revenue Increase

October 24, 2019

TechnipFMC has reported third-quarter 2019 profit of $22 million or 5 cents per diluted share. The services major has seen an 84 percent decrease compared to net profit of $137 million same time last...

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Highlights of the Week

October 20, 2019

Subsea World News has put together a recap of the most interesting articles from the previous week (October 14 – October 20). BHGE Becomes Baker Hughes Company TechnipFMC Wins Woodside Subsea Prize...

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TechnipFMC Wins Woodside Subsea Prize

October 18, 2019

TechnipFMC has been awarded engineering, procurement, construction and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West...

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WiSub Joins Transmark Subsea Family

October 16, 2019

Transmark Subsea has combined forces with WiSub, to deliver unprecedented automation capabilities to the blue growth sector internationally. Both companies have been key equipment and service...

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TechnipFMC Bags PetroVietnam Subsea Deal

October 15, 2019

TechnipFMC has secured a significant contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long...

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TUV SUD NEL Opens £16M Subsea Centre of Excellence

October 11, 2019

TÜV SÜD National Engineering Laboratory (NEL) has launched its £16-million Advanced Multiphase Facility (AMF), which should help global oil and gas operators to ensure that production remains...

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Saipem Secures Wireless Subsea Drone Contract from Equinor

October 02, 2019

Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract using a wireless underwater intervention drone and an ROV. This contact will make Equinor the first user of...

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Zennor Wraps Up Finlaggan Subsea Installation Campaign

October 01, 2019

Zennor Petroleum has completed the 2019 Finlaggan subsea installation campaign utilizing six separate vessels. Zennor is currently developing the 100% owned Finlaggan field in the UK Central North...

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Vår Energi Picks BHGE and Ocean Installer for Balder X Project

September 27, 2019

Vår Energi has awarded a contract covering engineering, procurement, construction and installation (EPCI) of subsea systems (SPS/SURF) for the Balder X project to a consortium of the companies Baker...

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Tracerco Nets Seven New Subsea Inspection Projects

September 24, 2019

Tracerco, part of Johnson Matthey, has secured seven subsea inspection projects to provide critical flow assurance and asset integrity data on a variety of pipelines, flowlines and risers in the...

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