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

OceanWorks awarded contract for Pangeo Subsea

2008.01.04 - Subsea Headlines

Oceanworks has been awarded a contract by PanGeo Subsea Inc. to design and build their first Acoustic Corer. This subsea tool, the first in a suite of 3D sub-seabed imaging products, will produce a high resolution sub-seabed image that can be used to detect and locate geohazards such as large boulders or buried pipelines.

In order to create this novel image the Acoustic Corer will require sonar heads to be very accurately scanned over the seabed to create a dense sampling grid over a survey area of 12 m in diameter.




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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

The Tampen Link pipeline for gas export from the North Sea’s Statfjord field to the St Fergus gas terminal in Scotland opened on Friday evening. The field is consequently beginning a new era.

Recommends Troll development project to be discontinued 

StatoilHydro, as operator of the Troll field, has recommended to its partners to discontinue the Troll Future Development project.

Breakthrough subsea contract to Aker Kvaerner in the US

Petrobras Americas Inc. has awarded Aker Kvaerner a contract to supply subsea power cables and control umbilicals to its Cascade and Chinook fields in the Gulf of Mexico. The contract, worth approximately USD 65 million, represents a significant breakthrough for Aker Kvaerner's power cable technology.

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.