Norway’s Seasystems, owned by Scana, has won a contract for the delivery of an anchoring system for a floating production, storage and offloading (FPSO) project in Brazil. Seasystems will under the contract deliver mooring equipment, such as dual axis chain stoppers, chain handling systems and winch
Norwegian Connector Subsea Solutions (CSS) has acquired Norvalves, a compatriot company that designs and manufactures subsea valves and connectors. The Norvalves workforce of 16 people based in Ågotnes will be transferring to CSS with immediate effect. The acquisition is said to supplement CSS’ subs
Saipem has revealed a new, sustainable subsea pipelaying method which allows forming vertical cold bends in the pipeline in a strictly controlled way and directly underwater by means of a specially designed remotely operated underwater bending machine. The Underwater Cold Bending technology is said
DOF Subsea has secured a contract extension for the 160-meter long high-end subsea vessel Skandi Africa. The new commitment will commence in direct continuation with the current commitment and will run until February 2024. DOF Group CEO, Mons S. Aase, said: “Skandi Africa is the most sophisticated v
Subsea 7 has won a “substantial” contract for the engineering, procurement, installation, and commissioning (EPIC) of flowlines and umbilicals offshore West Africa. According to the company, project management and engineering have commenced, while offshore operations are scheduled to take place from
Baker Hughes has launched a new subsea wellhead technology, the MS-2 Annulus Seal, expected to save substantial operational rig costs by helping lower overall wellhead installation costs due to reduced rig trips. The MS-2 Annulus Seal integrates with Baker Hughes’ existing MS-800 wellhead system and
Equinor and BP have selected a consortium between Van Oord and Great Lakes Dredge & Dock (GLDD) for subsea rock installation works for their Empire Wind 1 and Empire Wind 2 offshore wind farms in New York. The consortium plans to start operations at the offshore wind farm sites in the mid-2020s, wit
TechnipFMC has signed a frame agreement with TotalEnergies for the delivery of subsea production systems offshore Angola. Under the agreement, TechnipFMC is set to deliver its Subsea 2.0 production systems for brownfield developments in Block 17 in Angola. “Subsea 2.0 products use standardized compo
Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant acti
TechnipFMC has reported $1.9 billion of inbound subsea orders in the first quarter of 2022, an increase of 83% when compared to the fourth quarter of 2021, resulting in a book-to-bill of 1.5. For the Subsea segment, TechnipFMC reported revenue of $1,289.1 million, a 4.3% increase from the fourth qua
Woodside has completed more than half of the work related to its Sangomar project in Senegal, but a subsea part of the work is lagging.
Worley has won a contract to provide main front-end engineering design (FEED Phase II) services for the Nigeria-Morocco Gas Pipeline (NMGP) project. The overall FEED services will be managed by Intecsea, Worley’s offshore engineering consultancy business in The Hague, the Netherlands. This includes
The University of Bergen and GCE Ocean Technology have entered into a partnership agreement to create a wireless underwater observation network along the coast of Norway to monitor the environment and obtain information about the ocean environment. The parties’ collaborative project called SFI Smart
XLCC has signed the UK Steel Charter, committing to create a new export-led HVDC cable manufacturing industry for the UK. The UK Steel Charter aims to maximize opportunities for the UK economy and UK steel producers by encouraging and promoting measures that can be taken in relation to the procureme
