Germany's NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of US$934 million. The business is part of ABB’s Power Grids division, which is currently undergoing a strategic review. The sale includes ABB's new cable laying vessel…
Subsea power remains on the agenda for the subsea processing systems of the future. Elaine Maslin surveys the main players’ progress in producing subsea power distribution systems. The subsea factory – as envisioned by ABB…
Aker Solutions and ABB have agreed to work together on subsea processing solutions, bringing together their strengths in subsea, power and automation technologies. The cooperation will integrate Aker Solutions' subsea capabilities and…
ABB was awarded a five-year contract to deliver equipment and services for Shell’s Prelude floating liquefied natural gas (FLNG) facility. Illustration of the Shell FLNG, from Shell. The order includes the delivery of motors…
Longer step-outs, harsher environments, deeper waters all point to an increasing need for power on the seafloor. Statoil and its partners are working on solutions. Elaine Maslin reports. ABB’s power from shore vision…
It's day two of Subsea Expo. Despite the down turn, there's still some good news, including new technology coming to the market. OE, official media sponsor of the show, being held in Aberdeen this week, spoke to ABB's John Guthrie, Regional Sales Manager…
Power and automation firm ABB is to provide software for three newbuild deepwater subsea construction vessels being built by new company Ultra Deep Solutions. Ultra Deep Solutions was set up in 2014, by industry veteran Sheldon Hutton…
ABB successfully commissioned a subsea power link for oil and gas company Eni Norge that will supply power from the Norwegian grid to the new Goliat floating, production, storage and offloading unit (FPSO). The 105.5km subsea power cable system is the longest of its kind in the world…
ABB ordered a new cable-laying vessel to be custom-built to ABB specifications and measure approximately 140m by 30m, and be constructed at Kleven shipyard in Norway. Delivery is expected in 2017. Image…
Statoil awarded FMC Technologies a US$172 million engineering, procurement, and construction (EPC) contract for Phase 1 of the Johan Sverdrup field. The Johan Sverdrup field center. Image from Statoil…
Sweden’s ABB has won a US$90 million contract to supply a two-cable high-voltage system to power, from shore, for Statoil’s Johan Sverdrup field. The move paves the way for the entire Johan Sverdrup field to be powered from shore, as well as other fields on Norway’s Utsira High…
ABB installed the world's most powerful offshore converter platform, the DolWin2, in the North Sea by ABB, with a transmission capacity that can power more than 1 million households with clean wind energy. The 320-kilovolt converter station…
ABB received orders from Hyundai Heavy Industries for electrical and telecommunication systems. The order is worth around US$100 million, with about half booked in the 4Q of 2014, almost $27 million in the 1Q of this year and $20 million in 2Q…
Malaysia-based Bumi Armada Berhad awarded ABB a contract to supply electrical and automation systems for a floating production, storage and offloading (FPSO) vessel for a recently discovered oilfield off the coast of Angola. Bumi is reconfiguring the former Armada Ali supertanker…
ABB Consulting launched a major study on behalf of Decom North Sea (DNS) and Zero Waste Scotland (ZWS) to look into ways of reducing the cost of decommissioning. Image from DNS. The…
