Norwegian market a key target for subsea optical and electrical company Hydro Group

Norwegian market a key target for subsea optical and electrical company Hydro Group

Global solutions provider of optical and electrical products in the subsea technology industry, Hydro Group, is set to secure £150,000 of projects in Norway. It is also delivering its 3kv electrical connector which is a first for the market in Norway designed specifically for drilling rigs and hazardous areas. Full text

Shell to develop 19 subsea wells deepwater fields offshore Malaysia

2008.01.30 - Subsea Headlines

Sabah Shell Petroleum Company will be operator of the development, which will employ the region’s first deepwater Floating Production System (FPS), with a processing capacity of 150,000 barrels of oil per day.  The field, which is in waters up to 1,300 metres deep in blocks J and K, will be developed using 19 subsea wells with oil exported via a pipeline to a new oil and gas terminal, which will be built in Kimanis, Sabah.

 

The Gumusut and Kakap fields were combined into a single development under a Unitisation and Unit Operating Agreement signed by the co-venturers in 2006. Shell and ConocoPhillips Sabah Ltd each hold 33% interests in the development, PETRONAS Carigali  has 20% and Murphy 14%.




See also:

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.