At Subsea Valley 2017, Jan-Fredrik Carlsen, CEO of the Notodden based Norwegian company Optime Subsea, promised to revolutionize the intervention and controls segment of the subsea oil and gas industry through a new and disruptive technology…
Ophir Energy has been given a 12-month extension on its Block R license, home to the Fortuna FLNG, offshore Equatorial Guinea, giving it more time to secure project funding ahead of making a final investment decision. Fortuna looks set to be Africa’s first deepwater FLNG project…
Subsea boosting technology recently brought online at Chevron’s Jack and St. Malo fields is expected to boost production rates for the next 30 years. Chevron’s Chris Hey and Dan Broussard, and OneSubsea’s Mads Hjelmeland and Oeyvind Reimers explain…
UK-based engineering firm Aquaterra Energy has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea. The multi-million pound deal will see Aquaterra…
The Research Council of Norway has awarded ABB a US$1.16 million (NOK10 million) research grant to develop subsea technology for use on the Norwegian continental shelf and the Barents Sea. This is the third award for ABB as part of the Council’s DEMO2000 initiative…
Eelume has made a splash with its snake-like underwater robot, despite its lithe form not initially having been destined for a life subsea. Elaine Maslin sets out the detail. Eelume (a shortening of electric and luminaire…
Interventek Subsea Engineering has signed a two-year exclusive deal with Louisiana-based Professional Rental Tools (PRT) to supply its in-riser Revolution valve for well intervention operations in the Gulf of Mexico. Interventek will supply its 6…
Subsea technology and innovation goes on show today at this week's Subsea Expo, in Aberdeen. More than 5000 delegates are expected from all over the world at the annual subsea conference and exhibition, running today to Friday, this year themed - Adapting to the New…
DOF Subsea North America has appointed Greg Donnelly as the new general manager of the DOF Subsea US team. Donnelly assumed responsibilities 16 January 2017 and will report directly to Marco Sclocchi, executive vice president North America…
Optime Subsea Services, subsea technology company, will merge with engineering house Telemark Technologies to fast-track its subsea installation solution. Telemark Technologies is a supplier of pressurized vessel systems for testing operations of subsea…
Elaine Maslin details Statoil’s journey towards the resident ROV – using an existing ROV design. The Merlin UCV. Photo from IKM Subsea. The concept of the subsea resident remotely operated vehicle (ROV) has been around for some time…
Ashtead Technology has successfully completed a subsea integrity management project to support BP’s Quad 204 redevelopment of the Schiehallion and Loyal fields, West of Shetland. Subsea technology and equipment provider Ashtead deployed its new Deflection Monitoring System (DMS)…
Japan-based Nippon Yusen Kabushiki Kaisha (NYK) entered into a deal to aquire 25% interest EMAS Chiyoda Subsea Ltd. (ECS). The agreement between NYK, Ezra Holdings and Chiyoda Corp. will see the shareholding structure of ECS change to Ezra 40%…
WFS Technology has appointed Mike Theobald as project director for Australia and Southeast Asia. Theobald brings his knowledge and understanding of subsea control systems, as well as an insight into how best to use Seatooth products and technology…
Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…