Technip awarded contract by Valiant for Causeway development

Technip was awarded by Valiant Causeway Limited a lump sum contract, worth approximately €33 million, for the Causeway field development. This field is located about 450 kilometers North-east of Aberdeen, Scotland at a water depth of 150 metres. Full text

Subsea Headlines

InterMoor Develops Inter-M Swivel

2010.08.17 - Subsea Headlines -

InterMoor Develops Inter-M Swivel

InterMoor, an Acteon company, is proud to announce the development of its new Inter-M® Swivel, a multi-purpose mooring swivel that can join chains of the same or dissimilar sizes together allowing for 360° rotational freedom while under tension. Full text

Statoil commenced production of oil from the Morvin subsea field

2010.08.03 - Subsea Headlines -

Statoil commenced production of oil from the Morvin subsea field

Statoil commenced production of oil from the Morvin subsea field towards the Åsgard field in the Norwegian Sea Sunday, 1 August. Located 20 kilometres west of the Åsgard B platform on the Halten Bank, Morvin is a subsea development with two templates and four production wells. Full text

Maria discovery one of the largest findings in 2010

2010.07.23 - Subsea Headlines -

Maria discovery one of the largest findings in 2010

Wintershall Holding GmbH announces a discovery at the Maria prospect in production licence 475BS in the Norwegian Sea about 200 kilometers off the coast of Trondheim. The well proved light oil and was drilled on the Halten terrace, near the Tyrihans and Åsgard fields. The size of the discovery is estimated between 60 and 120 million barrels of recoverable resources, placing it among the largest oil discoveries in Norway in this year. Full text

Gjøa Norway’s first floating platform to get electricity from the mainland

2010.07.22 - Subsea Headlines -

Gjøa Norway’s first floating platform to get electricity from the mainland


On Sunday 11 July Statoil switched on the power, making Gjøa Norway’s first floating platform to get electricity from the mainland. “This is a good example of how Statoil can play a part in solving some of the climate challenges in collaboration with the supplies industry,” says Bjørn Midttun, head of subsea installations, pipelines and marine operations on the Gjøa field. Full text

Aker Solutions wins Clair Ridge jacket EPC contract of NOK 1,7 billion

2010.07.13 - Subsea Headlines -

Aker Solutions wins Clair Ridge jacket EPC contract of NOK 1,7 billion

"Jacket structures is the core business for our yard in Verdal and I am pleased to see that we have won such a huge and important contract in an international competitive bidding process", says Jarle Tautra, executive vice president in Aker Solutions. Full text

Petrobras Awards FMC Technologies $300 Million Subsea Manifold Frame Agreement

2010.06.29 - Subsea Headlines -

Petrobras Awards FMC Technologies $300 Million Subsea Manifold Frame Agreement

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a four-year subsea manifold frame agreement with Petrobras (NYSE: PBR, PBRA), Brazil's national oil company. The award is expected to result in approximately $300 million in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered. Full text

Subsea 7 and Acergy Agree to Combine

2010.06.22 - Subsea Headlines -

Subsea 7 and Acergy Agree to Combine

Acergy S.A. ("Acergy") (NASDAQ-GS: ACGY; Oslo Stock Exchange: ACY) and Subsea 7 Inc. ("Subsea 7") (Oslo Stock Exchange: SUB) today announced that their Boards of Directors have agreed to combine the two companies. Full text

EMGS awarded largest ever marine 3D EM contract

2010.06.19 - Subsea Headlines -

EMGS awarded largest ever marine 3D EM contract

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a multi-year contract worth a minimum of USD 150 million by one of the world's largest oil companies. The 3D EM campaign will employ one of EMGS's purpose-built 3D EM vessels continuously throughout the duration of the contract period, providing substantially improved vessel utilisation levels. Full text

Triton XLX Enhances Features with BlueView and SeeTrack CoPilot

2010.06.17 - Subsea Headlines -

Triton XLX Enhances Features with BlueView and SeeTrack CoPilot

Perry Slingsby Systems of the Triton Group, the leading supplier of deepwater work-class ROV and tooling solutions, in partnership with SeeByte, the global leader in creating smart software for unmanned underwater vehicles, and BlueView Technologies, the leading provider of state-of-the-art compact imaging sonar solutions, have recently carried out the integration and demonstration of SeeTrack CoPilot with a Triton XLX ROV equipped with a BlueView P900 sonar. Full text

ExxonMobil Sets Drilling Records

2010.04.25 - Subsea Headlines -

ExxonMobil Sets Drilling Records

ExxonMobil has completed the world’s longest extended-reach well drilled from an existing offshore fixed platform drilling rig, increasing the company’s ability to produce more domestic oil supplies from existing facilities at the Santa Ynez unit, offshore southern California. The well drilled from the Heritage platform using ExxonMobil’s Fast Drill technology extends more than six miles horizontally and more than 7,000 feet below sea level. Full text

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