Subsea 7 and Acergy to become Subsea 7 only this week
2011.01.03 -
Subsea Headlines
Acergy and Subsea 7 today jointly said that they expect to complete the combination of the two by the end of this week. The new company will be named Subsea 7 S.A and will be the worlds biggest subsea seabed-to-surface engineering and construction company.
Subsea 7 today is one of the world's leading subsea engineering and construction companies. With a work force of about 5,500, the focus areas are on deepwater subsea umbilical, riser and flowline markets. They operate in Africa, Asia Pacific, Brazil and the Gulf of Mexico, and also play a leading role in the North Sea. Acergy is a seabed-to-surface engineering and construction contractor to the offshore oil and gas industry worldwide, employing 6,500 people.
The new company will provide access for their clients to a high-end, well diversified fleet, comprising in aggregate 43 vessels.
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.
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.
StatoilHydro, as operator of the Troll field, has recommended to its partners to discontinue the Troll Future Development project.
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 today, 25th of October, sign a frame agreement with Gazprom to become partner in the Shtokman development, phase 1.
