This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.
Subsea cabling specialist JDR has won a contract to supply a 5.5-kilometre 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical for a BP platform project offshore Azerbaijan. The cable will connect an existing platform to the new platform to provide power share as we
Aker Solutions has secured a subsea production system contract from Equinor for the Breidablikk development in the North Sea. The contract value is about NOK 2.5 billion, including options. It covers the delivery of four subsea templates and up to 23 subsea trees and associated components. Specifica
Tanker owner and operator Scorpio Tankers has finalized commitments from three financial institutions and has received a new commitment for a scrubber financing facility. The financing facilities are expected to increase the company’s liquidity by approximately $82 million. Specifically, Scorpio has
Liebherr-MCCtec Rostock has signed a contract with Aibel for the supply of a cylinder-luffing crane for TenneT’s DolWin Epsilon offshore transformer platform, part of the DolWin5 offshore grid in Germany. The Liebherr crane will be used for supply and maintenance tasks on the 900 MW offshore grid co
French ballast water treatment systems producer BIO UV Group has extended its collaboration agreement with French shipbuilder and repairer PIRIOU Group. The deal formalises a five-year relationship between the two companies, and aims to support the BWTS installation and integration projects carried
German propulsion expert Schottel has been awarded a contract to supply Dutch shipyard Royal Niestern Sander with thrusters for a new shallow-draught vessel.
Subsea systems technology specialist Interventek has secured an initial eight-figure contract from Baker Hughes. Specifically, the deal will see Interventek supply multiple API-17G qualified 7.375” 10,000psi in-riser landing strings. The landing strings will incorporate within Baker Hughes’ subsea s
Neptune Energy and its joint venture partners BP and JAPEX have started the subsea construction phase of the Seagull tie-back project, which is located in the North Sea.
BP has been doing its part to unlock the value of technology and tap into its benefits. This has become especially noticeable during 2020 with plans to become a net-zero company by 2050.
Denmark-based coatings manufacturer Hempel has launched an underwater hull inspection service using remote operated vehicles (ROVs) to provide complete hull coating inspections while a vessel is at port or anchorage.
Teledyne Gavia has introduced Charles River Analytics’ AutoTRap Onboard, an AI-based object detection software as a new capability onboard their Gavia marine vehicles. As underwater operations become more complex and dangerous, AI tech has emerged as the clear solution for delivering the consistent
UK ROV services company Film-Ocean has expanded its ROV fleet with the addition of a further Quasar 150HP Workclass ROV. The company has seen four ROV systems added to the fleet over the past 12 months. The 3000-metre medium-sized Quasar ROV can carry out surveying, IRM, drill support and constructi
Five years after the kick off, the subsea compression system covering an area the size of a football field, at Equinor-operated Åsgard development in the Norwegian Sea, still runs like clockwork. The entire Åsgard field is one of the largest developments on the Norwegian continental shelf, embracing
