Global Subsea Processing Market by Component 2003-2017

Global Subsea Processing Market by Component 2003-2017

Expenditure on subsea processing systems is increasing rapidly and is expected to total some $5.1 billion over the 2008-2017 period. The prospect of improved recovery and production is driving operator uptake. so much so that in 2009 we could see as many seabed pumps installed as were installed in total over the 2003-2007 period. Full text

ENI with big gas find in North Sea Afrodite field

2008.02.20 - Subsea Headlines

Noewegian FinansAvisen today say that ENI might have hit it real big during drilling with the rig TransOcean Leader on the field Afrodite in the North Sea. The company classified the well as a "tight well" meaning information will be restricted until test results are ready.

ENI will disclose the test results from the Afrodite well in March.

The licence holders are  ENI (45%), StatoilHydro (40%) and Idemitsu petroleum (15%)




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Applied Acoustics - Easytrak Sales Hit 50 and Growing

Applied Acoustics has recently announced the sale of its 50th Easytrak subsea tracking system at Offshore Europe, Aberdeen. The system is one of a pair that has been ordered by CaspianLab in Azerbaijan for use in their operations in the Caspian Sea.

Tampen Link Gas from Statfjord to the UK

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StatoilHydro will sign Shtokman agreement with Gazprom

StatoilHydro will today, 25th of October, sign a frame agreement with Gazprom to become partner in the Shtokman development, phase 1.