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Latest news - Subsea

Baird Capital Invests In Subsea Technology & Rentals (STR)

Baird Capital Invests In Subsea Technology & Rentals (STR)   Baird Capital’s Global Private Equity team today announced an investment in Subsea Technology & Rentals (“STR”), a leading independent subsea rental equipment and specialist services provider to the offshore energy industry. The terms of the deal were not disclosed. The funding will allow STR to de...

Proserv and Viper Innovations announce OEM partner collaboration

Proserv and Viper Innovations announce OEM partner collaboration    Agreement integrates Proserv’s controls technology with Viper Innovations’ subsea insulation resistance monitoring and recovery solutions. Leading global controls technology company Proserv Controls and Viper Innovations, a specialist provider of electrical distribution and asset integrity services for the subsea energy industry, have signed an original equipment manufacturer (OEM) partner collabo...

Subsea 7 awarded contract offshore Norway

Subsea 7 awarded contract offshore Norway   Subsea 7 today announced the award of a sizeable1contract by Aker BP for the Hanz field development located in the North Sea. The project involves a subsea tie-back of approximately 15 kilometres to the Ivar Aasen platform. The contract scope includes engineering, procurement, construction and installation (EPCI) of the gas lift and production pipelines, and associated subsea infrastructure, using vessels from Subsea 7’s fleet....

Rotech Subsea successfully executes Netherlands offshore wind farm cable IRM operations

Rotech Subsea successfully executes Netherlands offshore wind farm cable IRM operations   Subsea excavation and trenching pioneer, Rotech Subsea, has completed a programme of cable IRM works at a key offshore wind farm in the Netherlands. Commissioned by a European subsea service provider, Rotech’s RS2 CFE (controlled flow excavation) tool from its industry-leading RS range of trenching and excavation equipment was mobilised from Aberdeen in Q3, 2021. The cable repair operations...

Rotech Subsea completes key cable de-burial and re-burial works at France’s Saint-Nazaire offshore wind farm

Rotech Subsea completes key cable de-burial and re-burial works at France’s Saint-Nazaire offshore wind farm   Rotech Subsea has completed a significant export cable de-burial and re-burial scope of work off France’s Atlantic coast for a global submarine cable system giant. The Aberdeen-based subsea contractor continues to consolidate its position as market leader for the renewable sector in providing non-contact Controlled Flow Excavation (CFE), Suspended Jet Trenching te...

TechnipFMC and Saipem announce SURF commercial agreement to unlock new opportunities

TechnipFMC and Saipem announce SURF commercial agreement to unlock new opportunities   TechnipFMC and Saipem today announced the two companies have entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benefit of clients. The commercial agreement will pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects where the combination of the companies’ complementary world-class assets, te...

TechnipFMC and Saipem to collaborate on subsea projects

TechnipFMC and Saipem to collaborate on subsea projects   Offshore contracting giants TechnipFMC and Saipem have teamed up to identify subsea projects worldwide that could be jointly executed. Under the commercial agreement, the partners will pursue specific subsea umbilicals, risers and flowlines (SURF) opportunities. The two companies said the collaboration should provide greater operational flexibility and optimised execution strategies through access to a broad range of SURF...

The National Oceanography Centre and Subsea 7 launch research alliance aiming to improve the scientific understanding of global oceans

The National Oceanography Centre and Subsea 7 launch research alliance aiming to improve the scientific understanding of global oceans   The UK’s National Oceanography Centre (NOC) is partnering with Subsea 7, a global leader in the delivery of offshore projects for the energy sector, to create BORA Blue Ocean Research Alliance™. The alliance represents a significant step towards gaining a better understanding of the world’s oceans and seas for a sustainable marine f...

Tracerco secures subsea inspection for life extension project of over 18 risers in the Gulf of Mexico

Tracerco secures subsea inspection for life extension project of over 18 risers in the Gulf of Mexico   Tracerco has been commissioned to provide asset integrity data for an operator in the Gulf of Mexico seeking to extend the life of over 18 of their risers. Under the contract, Tracerco will deploy Discovery, a subsea computed tomography (CT) scanner designed for external scanning of pipelines and which operates along the same general principles as CT scanners used in hospitals. A...

Subsea UK calls for subsea success stories ahead of Global Underwater Hub launch

Subsea UK calls for subsea success stories ahead of Global Underwater Hub launch   From surveys under the ice in the Antarctic to monitoring sharks in the Bahamas, underwater companies have been sharing their success stories as part of a campaign to raise awareness of the breadth and depth of the industry by demonstrating its achievements in diverse market sectors. Launched by Subsea UK, the Subsea Success Stories campaign aims to celebrate the people, companies and ground-breaking...

Rotech Subsea completes major North Sea interconnector cable de-burial and post-lay trenching works

Rotech Subsea completes major North Sea interconnector cable de-burial and post-lay trenching works   Controlled flow excavation (CFE) and suspended jet trenching specialist, Rotech Subsea, has completed major de-burial and post-lay trenching works on a key interconnector cable in the southern North Sea for a leading cable player. Rotech Subsea’s next generation TRS2 controlled flow excavator was mobilised in Q2, 2021 to complete a scope of work consisting of de-burying damag...

First Subsea lands major offshore wind exports with government support

First Subsea lands major offshore wind exports with government support   First Subsea Ltd, leading designers and manufacturers of Cable Protection Systems for fixed and floating offshore wind farms, has won major contracts to supply several offshore wind projects in overseas markets thanks to financial support from UKEF. First Subsea, part of the First Tech Ltd group headquartered in Aberdeen, has recently shifted away from fossil fuels to operating almost exclusively in renewable...

Coming out of lockdown is a bit like coming out of hibernation

Coming out of lockdown is a bit like coming out of hibernation   When the pandemic hit, we had no idea of what lay ahead. No one would have imagined that it would be 15 months or more before we emerged. We entered lockdown with, what we thought, was a pretty clear idea of what the future might hold. There was, generally, a fairly linear path ahead. Energy transition and the move to net zero clearly was a big part of that future: a future coloured by blue and green. The blue econ...

Neptune Energy’s wells digitised with gaming tech to enhance production, cut costs

Neptune Energy’s wells digitised with gaming tech to enhance production, cut costs   Neptune Energy today announced the digitalisation of its portfolio of subsea wells in Norway, using an innovative data visualisation platform based on 3D gaming technology to enhance drilling and production efficiency, and reduce time and costs. The new digital twins of Neptune’s wells were developed in collaboration with InformatiQ, a leading oil and gas data visualisation specialist t...

Aker Solutions to deliver Jansz-Io subsea compression system

Aker Solutions to deliver Jansz-Io subsea compression system   Chevron has contracted Aker Solutions to provide a subsea gas compression system for the Jansz-Io field offshore Western Australia. The NOK7-billion ($808-million) contract scope covers engineering, procurement, and construction of the all-electric subsea gas compression system. It also includes interface responsibility, and assistance during installation and commissioning. The subsea gas compression system will incl...

$4B Chevron-run Project Advances

$4B Chevron-run Project Advances   A $4 billion (AU$6 billion) project to ensure long-term gas supply from the Gorgon Project to customers in Australia and Asia will proceed, Chevron reported late Thursday. Operated by Chevron Australia Pty Ltd., the newly approved Jansz-Io Compression (J-IC) project will supply gas to the Gorgon complex on Barrow Island off northwestern Western Australia, Chevron noted in a written statement emailed to Rigzone. “Using world-leading subse...

Subsea market evolves with rapidly changing energy landscape

Subsea market evolves with rapidly changing energy landscape   Subsea Tieback returns this August, hosted by Murphy Exploration & Production Co., with renewed vigor and optimism as the industry charts a new path amid the rapidly changing energy landscape. The events of 2020 forced the offshore oil and gas industry into a new way of working and accelerated the decarbonation of upstream activities. The subsea market adapted to the rapidly changing environment and continued to exe...

The Rise Of Underwater Robotics In Focus At Subsea UK Event

The Rise Of Underwater Robotics In Focus At Subsea UK Event     Subsea UK's annual Underwater Robotics conference will return this October with a live-streamed event demonstrating the latest advances in underwater robotic technology and exploring the opportunities and challenges of an autonomous future.   Broadcast from the Subsea UK studio in Aberdeen on 5 and 6 October 2021, the event will bring together technical and operational experts from a range of sector...

Subsea Integration Alliance Lands EPCI Contract for Bacalhau Field Offshore Brazil

Subsea Integration Alliance Lands EPCI Contract for Bacalhau Field Offshore Brazil   Equinor has tapped the Subsea Integration Alliance LLC, comprised of Subsea 7 and OneSubsea, a Schlumberger company, for the engineering, procurement, construction and installation of subsea production systems and pipelines for the $8 billion Bacalhau project offshore Brazil. At a water depth of 2,050 m in the presalt Santos Basin area, Bacalhau is Brazil’s first integrated SPS and SURF proj...

Petrobras hires Aker Solutions for subsea lifecycle services

Petrobras hires Aker Solutions for subsea lifecycle services   Norwegian Aker Solutions has signed a framework agreement with Petrobras to provide subsea lifecycle services for the company’s oil and gas fields offshore Brazil. The scope covers the full range of subsea lifecycle services for several Petrobras-operated fields offshore Brazil, including inspection, maintenance, repairs, upgrades and spares supply, as well as installation and commissioning services. The agreem...
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