BASF and Trelleborg Offshore announce Trident™ launch

BASF Polyurethane Solutions today announced that it has formed a strategic alliance with Trelleborg Offshore US Inc, to develop and market Trident™ thermal insulation for subsea applications. Trident is the next generation of Glass Syntactic Polyurethane (GSPU) and enters the market as the new standard in GSPU for the insulation of subsea structures. Full text

First Subsea Launches ‘Next Generation’ Range of Deepwater Mooring Connectors at DOT Monaco

2009.10.05 - Industry

Subsea mooring specialist, First Subsea Ltd, in a joint developments with Offspring International Ltd, is launching the first of its new range of deepwater mooring connectors at DOT Monaco, 3 – 5 November. The new connectors replace traditional H-link or plate links, making installation simpler and quicker as well as improving the engineering integrity of the fibre rope connections.

Traditional fibre-fibre, fibre-chain and fibre-wire connections have been made with H-links and plate links. These thimble-based, fabricated metal modules are made up on the surface ship as the mooring line is installed. They are large and heavy, difficult to handle modules which can take many hours to complete, and are prone to damage as the link is deployed over the installation ship’s stern roller.

“Our new connectors will revolutionise the deployment of deepwater moorings. They are lighter, stronger and more efficient than current plate links and thimbles,” said Brian Green, general manager, First Subsea. “The connectors address the concerns of operators and installation companies over the several hours taken to make-up traditional links. Our connectors take just minutes to make up.”




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A new study published today by analysts Douglas-Westwood The World Deepwater Market Report 2008-2012 forecasts that nearly $25 billion will be spent annually in deepwater capital expenditure by 2012. Speaking at the Deep Offshore Technology International Conference 2007, Stavanger, today, John Westwood, Douglas-Westwood MD commented that “the deepwater oil & gas industry is set for continued growth through to 2012, with over 30% growth forecast for the 2008-2012 period when compared with the previous five years.

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BP Restructuring to Secure Long Term North Sea Future

BP is today announcing proposed plans for important changes to its North Sea organisation, headquartered in Aberdeen, designed to secure a long-term future for the company's oil and gas business in the UK.

GE Energy Completes Acquisition Of Sondex, A Global Oilfield Technology Company

GE Energy announced today it has completed the acquisition of Sondex plc to further expand its capability and expertise in oil & gas drilling and wireline technology.

ODIM STRATEGIC ACQUISITION FOR DEEPWATER BUSINESS

ODIM ASA has reached agreement today on acquiring ABAS Crane of Aukra and Aker Brattvaag Winch in Søvik for a total of NOK 80 million. These two companies deliver such products as special cranes, lifting systems and specialised electrical winches for ships and offshore installations