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Latest news - Subsea

Subsea UK to postpone Subsea Expo in light of current COVID restrictions

Subsea UK to postpone Subsea Expo in light of current COVID restrictions   The world’s largest underwater engineering event - Subsea Expo - which was shaping up to be the sector’s first post-pandemic, large scale physical event, is to be postponed due to the current coronavirus-imposed restrictions. Organisers, Subsea UK, announced today that the three-day conference and...

Drawing the line: could the subsea industry turn away from oil and gas?

Drawing the line: could the subsea industry turn away from oil and gas?   External and internal pressures on the oil and gas industry have soured relations with the subsea sector, those responsible for providing critical hardware for oil and gas operations. With new opportunities for subsea companies outside of their traditional investments, we consider the future of the relationship between the oil and gas and subsea sectors. At a glance, the global oil and gas industry could be...

Snapshot Survey of £7.8billion Subsea Supply Chain Reveals Cautious Optimism among SMEs

Snapshot Survey of £7.8billion Subsea Supply Chain Reveals Cautious Optimism among SMEs   A snapshot survey of the UK’s £7.8billion subsea supply chain has revealed that SME’s operating in the underwater engineering industry are cautiously optimistic about the next six to twelve months. Industry body, Subsea UK, recently surveyed its smaller member companies to find out how they were dealing with the fall-out from COVID-19. Almost 75% of respondents do no...

Subsea construction begins at Seagull project

Subsea construction begins at Seagull project   Neptune Energy and its joint venture (JV) partners BP and JAPEX have announced the beginning of the subsea construction phase of the Seagull tie-back project. TechnipFMC, working under the Neptune Energy Alliance Agreement, has deployed the Apache II pipelay vessel to start the pipe-in-pipe installation, laying approximately 5 km of pipe connecting the Egret manifold to the Seagull development. Neptune Energy’s UK Managing Di...

Subsea Expo 2021 Confirmed for February 2021 as Call for Papers Opens

Subsea Expo 2021 Confirmed for February 2021 as Call for Papers Opens   Europe’s largest underwater engineering event, Subsea Expo, is shaping up to what could be the sector’s first post-pandemic, large scale event where delegates will be able to meet and network in person. More than a third of the exhibition floor space has already been booked for Subsea UK’s annual three-day exhibition, conference and awards dinner. Approaching its 16th year, the show will be...

Commercialisation of technology is key to growth of the global blue economy

Commercialisation of technology is key to growth of the global blue economy   The UK has an unrivalled track record of technological innovation, but ideas frequently fail between invention and commercialisation. To help cross this chasm, the National Subsea Research Institute (NSRI) has developed a tool which provides a clear indication of the potential commercial viability of early stage technology in the subsea industry, supporting technology and innovation developers, funding organ...

Subsea 7 announces cost reduction measures

Subsea 7 announces cost reduction measures   Subsea 7 issued further details of the cost reduction programme, following initial guidance provided on 30 April. It is envisaged that the overall reduction in headcount would be approximately 3,000 from the global workforce of 12,000, by the end of the second quarter 2021.  It is anticipated that two-thirds of the reduction would affect the non-permanent workforce and one-third of the reduction would affect permanent employees. Dis...

WFS Technologies wins two OTC awards for subsea work

WFS Technologies wins two OTC awards for subsea work   WFS Technologies has been awarded two accolades by the organisers of the Offshore Technology Conference (OTC) during what would have been their annual flagship conference in Houston, Texas, US. WFS won the Small Business Spotlight on New Technology® Award for both its Seatooth SmartClamp and its Subsea Cloud Computing Network innovations – the only company to win two OTC 2020 awards and notching up the firm’s to...

IMCA announces successful launch of diving CPD scheme

IMCA announces successful launch of diving CPD scheme   The International Marine Contractors Association (IMCA) has announced the successful launch of its App-based continuing professional development (CPD) scheme for diving supervisors. The App incorporates the latest in training techniques to support diving supervisors in keeping up to date with current information and guidelines from IMCA. The scheme went live in early April with 250 diving supervisors who had pre-registered...

Rotech Subsea assumes contractor role for Walney OWF cable burial scope

Rotech Subsea assumes contractor role for Walney OWF cable burial scope   Rotech Subsea has successfully completed a significant cable burial scope at the Walney Offshore Wind Farm for green energy giant, Ørsted. The excavation and trenching specialist took on responsibility for all operations for the project, from chartering the vessel to contracting all relevant parties required, with the trenching project successfully wrapping up in late 2019. Rotech Subsea - which design...

Subsea UK invests in market intelligence to help companies identify opportunities as the industry adapts to virtual working

Subsea UK invests in market intelligence to help companies identify opportunities as the industry adapts to virtual working   Subsea UK has invested in its market intelligence product, SubseaIntel, so that its members can access all the latest global opportunities when the economy starts to recover from the coronavirus pandemic. SubseaIntel is a unique on-line database, which provides subsea specific market intelligence at the touch of a button. The tool has been substantially upgr...

N-Sea Awarded Defence Contract by Royal Netherlands Navy

N-Sea Awarded Defence Contract by Royal Netherlands Navy   Leading subsea solutions integrator, N-Sea, has announced the commencement of a five-year contract with the Royal Netherlands Navy. The contract, which includes two year-long extension options, will see N-Sea operate the multipurpose support vessel, Geosea, which arrived at the naval base at Den Helder (Netherlands) on March 4.   N-Sea’s workscope throughout the charter will utilise the vessel as a facilitatin...

Subsea UK partners with non-profit to protect the oceans

Subsea UK partners with non-profit to protect the oceans   Subsea UK has teamed up with one of the world’s leading non-profit ocean protection organisations to promote and support initiatives to prevent pollution of our oceans. The trade body has partnered with Big Blue Ocean Cleanup to support its ocean protection project and raise awareness of the initiative across the UK’s £7.8billion underwater engineering industry. Big Blue Ocean Cleanup is an internationa...

Mood upbeat as Subsea Expo attracts record attendance numbers

Mood upbeat as Subsea Expo attracts record attendance numbers   More than 6,600 delegates gathered at Europe’s largest subsea event, Subsea Expo, in Aberdeen this week, one of the biggest attendances on record in the event’s 15 year history. Organised by industry body Subsea UK, the event welcomed delegates from all corners of the world, including the United States, Mozambique, India, Kurdistan and Azerbaijan. Neil Gordon, chief executive of Subsea UK, said: “T...

Enpro Scoops Company of the Year at Subsea Awards

Enpro Scoops Company of the Year at Subsea Awards   Enpro Subsea was crowned subsea company of the year and Dr Tony Trapp MBE was recognised for his outstanding contribution to the industry at Subsea UK’s annual awards last night (Wednesday 12th February). The awards celebrate the achievements of companies and individuals in the UK subsea industry during Subsea Expo – Europe’s largest subsea focused exhibition and conference. The gala dinner, organised by Subse...

Overview: The Subsea Industry’s Comeback

Overview: The Subsea Industry’s Comeback   While industry observers were following the slowdown in US shale growth, OPEC’s production cuts, and the geopolitical turmoil in the Middle East in 2019, the global offshore oil and gas industry and the subsea market were making their comeback after years of setbacks, signalling improved market conditions for the offshore sector. Growing investment in deepwater exploration and production is set to be the key market driver for t...

Year in review - 2019 marked a breakthrough for integrated subsea contracts

Year in review - 2019 marked a breakthrough for integrated subsea contracts By Henning Bjørvik, Senior Analyst Oilfield Service Research, Rystad Energy   Record-high number of subsea trees awarded via integrated contracts. After hitting rock bottom in 2016, the subsea equipment market has gradually recovered, reaching over 300 awards of subsea trees in both 2018 and 2019 – three times more than in 2016. Integrated subsea contracts took center stage in 2019 and had a...

Biggest Ever Subsea Expo dives into the Blue Economy

Biggest Ever Subsea Expo dives into the Blue Economy   Subsea Expo 2020, set to be the biggest in the event’s 15-year history, has today announced its programme of speakers for the conference which will see 70 industry professionals take to the stage at P&J Live on 11-13 February 2020. The three-day exhibition and conference, Subsea UK’s flagship annual event, with the theme of “New Perspectives” will focus on exploiting the Blue Economy, the energy tran...

Market-leading UXO provider unveils industry first solution for risk mitigation

Market-leading UXO provider unveils industry first solution for risk mitigation   N-Sea and BODAC, two of the subsea sector’s most experienced subsea survey and UXO disposal companies, have announced the new identity of their existing joint venture (JV).  Following a multi-million euro investment in its specialist UXO provision, the JV will now trade as UXOcontrol, reflecting its unique, market-leading UXO risk mitigation solutions. Since its inception in 2016, it has bu...

New Superyacht Secured with Sonardyne’s Sentinel Intruder Detection Sonar

New Superyacht Secured with Sonardyne’s Sentinel Intruder Detection Sonar   Underwater diver detection sonar technology from Sonardyne Inc. has been chosen by yacht security specialist Frankentek Inc. for their latest new-build superyacht surveillance and protection project. Sentinel Intruder Detection Sonar (IDS) will provide security personnel on the unnamed vessel with a clear and early warning of any underwater threats, such as divers, swimmers and drones, approaching the...
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