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Global Subsea Processing Market by Component 2003-2017Expenditure 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 |
Installation of Shell Perdido SPAR make way for world deepest subsea well
Exxon start production from Angola subsea fields Kizomba C Saxi and Batuque
David Pridden hand over Subsea UK keys to Alistar Birnie
Wavefield new 3D seismic vessel delivered and on the job
BP get Sonangol go for Block 31 subsea fields development
Subsea 7 gives update on its worldwide operations
Subsea Aquatheatre - A Spectacular Showcase for Subsea Technology
FMC to supply ConocoPhillips with Ekofisk subsea water injection system
Atwood Hunter semisubmersible drilling rig score record high dayrates
Bredero Shaw to deliver subsea thermal insulation coatings to Vega
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Petrobras announced that it has concluded its analysis of the formation tests for the second well in the area referred to as Tupi in Block BM-S-11, located in Santos Basin. Petrobras estimates volumes of recoverable oil and natural gas is between 5 and 8 billion barrels. Full text
Total announces that the Thai authorities have approved the extension for ten years of the production period for Bongkot, the largest gas field in Thailand. Bongkot consists of Blocks B15, B16, and B17. With the extension, the Joint Venture partners are entitled to continue to produce gas and condensate from Block B15 until 2022 and from Blocks B16 and B17 until 2023. Full text
FMC Technologies, Inc. (NYSE:FTI) today reported third quarter 2007 revenue of $1.1 billion, up 22 percent over the third quarter of 2006 led by the strength of its subsea systems business. Diluted earnings per share from continuing operations were $0.60, up 46 percent from $0.41 per diluted share in the prior-year quarter. Full text
StatoilHydro will today, 25th of October, sign a frame agreement with Gazprom to become partner in the Shtokman development, phase 1. Full text
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. Full text
StatoilHydro, as operator of the Troll field, has recommended to its partners to discontinue the Troll Future Development project. Full text
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. Full text
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. Full text