Maria discovery one of the largest findings in 2010

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

Subsea Headlines

Subsea 7 acquires Licence for New Subsea Hot Tap Technology

2009.05.01 - Subsea Headlines -

Subsea 7 acquires Licence for New Subsea Hot Tap Technology

Subsea 7 Inc , one of the world's leading subsea engineering and construction companies, today announced that its subsidiary Subsea 7 Limited has acquired the exclusive global licence rights for a new subsea hot tap technology, known as Subsea Grouted Tee (SSGT). Full text

Hunting acquires NCC a leader in subsea coupling technology for US$55million

2009.04.22 - Subsea Headlines -

Hunting acquires NCC a leader in subsea coupling technology for US$55million

Hunting PLC (LSE: HTG), the international energy services company today announces the acquisition of National Coupling Company Inc. ("NCC"), a leading developer and manufacturer of subsea hydraulic equipment, for a cash consideration of US$55 million. Full text

Offshore drilling has declined but the gloom should be short-lived

2009.04.16 - Subsea Headlines -

Offshore drilling has declined but the gloom should be short-lived

Global spending on offshore drilling is forecast to rise 32% over the period 2009-2013 compared with 2004-2008, despite reduced spending in 2009 and 2010. According to the latest edition of the ‘World Offshore Drilling Spend Forecast 2009-2013’ published today by Douglas-Westwood and Energyfiles, $278bn was spent between 2004 and 2008 on offshore drilling. Full text

Total and Cobalt to jointly explore the deepwater Gulf of Mexico

2009.04.06 - Subsea Headlines -

Total and Cobalt to jointly explore the deepwater Gulf of Mexico

Total announces that it has entered into several agreements with Cobalt International Energy, L.P. to jointly explore the deepwater Gulf of Mexico. These agreements will form the basis of a strategic alliance in this area that offers numerous promising exploration opportunities. Full text

Subsea Company of the Week - SubseaDesign

2009.04.03 - Subsea Headlines -

Subsea Company of the Week - SubseaDesign

SubseaDesign is a privately held engineering, design and fabrication company providing equipment and services for the oil and gas industry. Main focus areas are drilling and subsea related activities. The company is based in Drammen, Norway. Full text

Aker Solutions strengthen its position in the offshore and energy sectors

2009.04.02 - Subsea Headlines -

Aker Solutions strengthen its position in the offshore and energy sectors

Aker Solutions is taking industrial action and further strengthening its position in the offshore and energy sectors. This is being accomplished through acquisitions and closer integration of holdings in forward-looking companies in high-margin segments. Full text

Aker Solutions and Well Processing team up for subsea water treatment and injection

2009.03.27 - Subsea Headlines -

Aker Solutions and Well Processing team up for subsea water treatment and injection

Aker Solutions and Well Processing AS have signed a cooperation agreement to bring a new technology offering onto the marketplace. The combination of subsea water treatment and injection aims to increase oil recovery and enhance oil production from offshore produced fields. Full text

Deep Down Awarded Patent for New Subsea J-Plate Design

2009.03.25 - Subsea Headlines -

Deep Down Awarded Patent for New Subsea J-Plate Design

Deep Down, Inc. (today announced that it has been awarded a patent by the United States Patent and Trademark Office. This new patent relates generally to undersea wells and more particularly to a method and apparatus for installing a subsea umbilical. Full text

Technip set ultra-deepwater pipeline installation records

2009.03.18 - Subsea Headlines -

Technip set ultra-deepwater pipeline installation records

Technip set two new industry records within the framework of Shell’s Perdido Development in the Gulf of Mexico, which it operates on behalf of partners Chevron and BP. The first for Deepest reeled flowline installation at a water depth of 2,961 meters, the second for Deepest reeled steel catenary riser installation at a water depth of 2,469 meters (8,100 feet).
Full text

FMC contract to produce first 20,000 psi subsea wellhead system

2009.03.12 - Subsea Headlines -

FMC contract to produce first 20,000 psi subsea wellhead system

FMC Technologies has signed a contract for the manufacture and supply of FMC’s proprietary HC-20 high capacity subsea wellhead system, the oil and gas industry’s first subsea wellhead system to be rated and qualified at 20,000 pounds per square inch (psi). Full text

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