BP Dishes Greater Tortue Ahmeyim Contracts
Oil major BP has awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts to services providers McDermott International and Baker Hughes, a GE company (BHGE), for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.The…
Subsea Integration Alliance Wins Esso Contract
Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company, and Subsea 7.The work scope includes engineering, procurement…
TechnipFMC Wins Subsea Contract Offshore China
TechnipFMC said it has been awarded a subsea contract by CNOOC Limited for the Liuhua 16-2, 20-2 and 21-2 Oilfield Joint Development Project in the South China Sea, at water depths ranging from 380 to 430 meters.The contract covers the engineering, procurement and construction (EPC) of subsea equipment…
Resilient Market Spurs Aker Solutions's Earnings
Norwegian oil services company Aker Solutions reported strengthened earnings for the first quarter of 2018 as orders almost doubled from a year earlier amid increasing signs of a market recovery."We are seeing increasing signs of a market rebound as lower break-even costs and higher oil prices spur project sanctions…
BP Selects McDermott, BHGE for Subsea Contracts
McDermott International and Baker Hughes (BHGE), a GE company announced the selection of front-end engineering design (FEED) studies in advance of a substantial engineering, procurement, construction and installation (EPCI) contract for BP’s Tortue/Ahmeyim Field Development, a major gas project located on the maritime border of Mauritania and Senegal.
Statoil Awards Subsea Contracts
Statoil has, on behalf of the license partners, awarded EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project in the Barents Sea, respectively, to Aker Solutions. The contracts have a total estimated value of between NOK 1.5-2 billion kroner ($190 mln -$254 mln).
Russia is Developing Subsea Production Systems
The Russian Ministry of Industry and Trade is working with Gazprom and several Russian research institutions to develop domestic subsea production systems for prototype production in 2019 and testing in 2020. The initiative is underway as the country aims to reduce its dependence on imports in its oil and gas industry…
Exxon Shuts Two Subsea Production Systems Ahead of TS Nate
Exxon Mobil Corp said on Friday it has stopped oil production at its Julia and Hadrian South subsea production systems in the U.S. Gulf of Mexico ahead of Tropical Storm Nate. The company also said it has finalized transport plans to pull staff from its Mobile Bay platform in the Gulf. On Thursday the company pulled all staff from its Lena platform in the Gulf.
BP Awards Gulf of Mexico Work to Subsea 7
Subsea 7 said it was awarded a contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans. The contract scope covers engineering, procurement, construction and installation (EPCI) of the subsea umbilicals, risers and flowlines (SURF) and associated subsea architecture.
Petrobras, Total ink Strategic Alliance Deal
Petrobras signed a Master Agreement with French outfit Total today related to the strategic collaboration set forth in the memorandum of understanding signed on October 24 by our CEO Pedro Parente and Total CEO Patrick Pouyanné. Under the new agreement, Petrobras will substantially increase the level of technological cooperation in the fields of geosciences…
Aker, BP Ink Subsea Framework Deal
Aker Solutions secured two five-year framework agreements for potential future deliveries of subsea production systems and lifecycle services at BP-operated oil and gas fields globally. The first five-year contract covers engineering, procurement and construction of subsea production systems for new and maturing developments worldwide.
Aker Solutions, Det norske and Subsea 7 Form Development Alliance
Aker Solutions, Det norske oljeselskap and Subsea 7 agreed on a "one for all, all for one" collaboration model that marks a major shift in how an operator and its suppliers can work together on oil and gas developments offshore Norway. The alliance combines Det norske's exploration and production know-how with Aker Solutions' expertise in front end engineering…
NOV, GE to Provide Integrated Solutions for FPSOs
National Oilwell Varco, Inc. (NOV) and GE Oil & Gas has agreed to collaborate on delivering integrated solutions for Floating Production Storage and Offloading (FPSO) vessels. The agreement brings together the product offerings and engineering capabilities from the two companies to optimize engineering…
OneSubsea to supply production systems for Zohr offshore Egypt
OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling more than $170 million from Belayim Petroleum Company (Petrobel). OneSubsea will supply the subsea production systems for the first stage of the Zohr gas field, located in the Shorouk Concession, offshore Egypt.
Shah Deniz Partners Award Subsea Installation Deal
The Shah Deniz consortium today announced the award of a $1.5 billion contract for the transport and installation of the deeper water subsea production systems for Shah Deniz Stage 2 to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium. The scope of work of the…
Aker Solutions, Saipem to Partner on Subsea Projects
Aker Solutions and Saipem agreed to cooperate on targeted subsea oil and gas development projects worldwide. The companies will through a joint work group identify opportunities where they can create value for customers by combining Aker Solutions' capabilities in subsea products and technologies with Saipem's assets and expertise in engineering…
Subsea Network Helps Total Save Time at Egina
French oil major Total, operator for the Egina oil field offshore Nigeria, together with its construction and survey partners, has installed a Fusion 6G subsea positioning network to support its development of the $15 billion project. Supplied by Sonardyne International Ltd, UK, the acoustic technology specified for Egina…
OneSubsea Bags $330m Subsea Production System Contract
OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa. The scope of supply for the 13-well development includes subsea production equipment, tooling and installation and commissioning services. Deliveries are expected to begin Q3 2016.
Aker, Fjords Join Forces
Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The WellSep alliance will apply Aker Solutions' subsea processing experience…
DNV GL Wins Contract for Maria Development
DNV GL has been selected by Wintershall Norge AS as the sole supplier for the combined role of Independent Verification Body (IVB) and Third Party Design Verification scope for the subsea, umbilicals, risers and flowlines (SURF) part of the Maria field development project. The contract is expected to run until the end of 2018, with a value of potential $3.95 million.
