KONGSBERG signs deal with offshore intallation groupKongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text |
Reef Subsea extends its range of activities by providing installation and trenching services
Aker Solutions buys majority stake in Benestad and Phaze Technologies
OMS recognised for innovation by Pipeline Industries Guild
Marine Well Containment Company Welcomes Statoil
Marine Well Containment Company Welcomes Apache
Siemens strengthens its position in the subsea power market
Clough AMEC announce JV with Beca New Zealand
Oceaneering to Acquire Norse Cutting & Abandonment AS
Knowledge Reservoir and Quest Offshore Resources Announce Strategic Alliance
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Chevron Corporation (NYSE:CVX) enters the decade with an upstream portfolio of major capital projects that uniquely positions the company for future growth, executives said today at a meeting with financial analysts in New York. In the downstream business, executives highlighted plans to improve returns by aggressively lowering costs, exiting markets and streamlining the organization. Full text
UK-based measurement technology specialist Optical Metrology Services (OMS) Ltd is delighted to announce that it has been awarded the Subsea Global Exports Award 2010, in recognition of the company’s outstanding achievements in export sales to the global oil and gas industry. Full text
Engineering and construction company Clough Limited (ASX:CLO) today announced the formation of the Clough Helix Joint Venture between Clough and Houston based subsea intervention and construction contractor Helix Energy Solutions Group to provide a range of subsea services to offshore operators in the Asia Pacific region. Full text
FMC Technologies announced today that it has signed a four-year subsea tree frame agreement with Petrobras, Brazil's national oil company. The award is expected to result in approximately $400 million in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered. Full text
Jee today announced that site visits to FMC Technologies' manufacturing and research and development facility in Houston will be added to the training curriculum of three of its subsea engineering training courses. Delegates will have the opportunity to see the manufacturing of subsea production and processing systems first-hand. Full text
SMD has announced the acquisition of the business and assets of Hallin Robotics Ltd (HRL), from Hallin Marine Subsea International PLC. The transaction was completed for an undisclosed sum and the business will become known as SMD Robotics Ltd. Full text
The Crown Estate has announced that the Forewind consortium, comprising Statoil, Statkraft, SSE and RWE npower has been named as the successful bidder for the largest zone in the third licence round (Round 3) for UK offshore wind farms, Dogger Bank. Full text
Due to rough weather conditions in the North Sea, production from the Siri-field in the Danish part of the North Sea is not expected to be resumed until sometime in January 2010. Full text
Nexans, the worldwide leader in the cable industry, has won a contract worth approximately 100 million Euros to design, manufacture and supply the high voltage (HV) subsea power export cables that will connect the London Array wind farm to the UK grid. Full text
Spending of $17.3 billion is planned for exploration, production and natural gas-related projects. Major capital projects include development of the Gorgon natural gas project in Western Australia and opportunities in the deepwater U.S. Gulf of Mexico, offshore western Africa and the Gulf of Thailand. Funding is also planned for focused appraisal in core hydrocarbon basins. Full text