Subsea 7 Inc. , through its i-Tech division, today announced an award by Petrobras International for the provision of remotely operated vehicle (ROV) services onboard a new build ultra-deepwater drillship. The contract is valued at US $18m. The initial contract term is five years, which can be exten
Aker Solutions advanced H6 drilling rigs use integrated Milestone video surveillance for state-of-the-art operational control in harsh environments. Aker Solutions is building model H-6e drilling rigs, the latest-generation of semisubmersible platforms specially designed to conquer the challenges of
Enviro Voraxial Technology, Inc.announced today that the Company reached an agreement to lease a 1500 barrel per day Voraxial® 2000 produced water skid mounted processing system to an oil service company. The Voraxial® will be used to separate oil from the water “produced” during the oil production
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a contract in the Danish sector of the North Sea valued in excess of US $55 million. The Subsea 7 work scope is to engineer, procure, fabricate, install and commission a 2.2.km bundl
Mechanical engineering company, EnerMech, has launched a new business division which will target the valve supply, testing, inspection and maintenance sector. An initial £2 million (approximately USD $3.2 Million) investment will include the building of an additional workshop at the Aberdeen company
Statoil and its partners on Åsgard have opted for subsea gas compression to help recover the big remaining reserves in this Norwegian Sea field. Similar projects elsewhere are in the pipeline. Many years of development work underpin this choice. Subsea gas compression has also been assessed on Gullf
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, confirms that the North Sea pipeline bundle* contract award it announced on 9th August 2010 is for the ConocoPhillips Jasmine discovery in the Central North Sea. The Subsea 7 workscope includes the engineering,
Power Team® introduces Predator Series – its newest line of high performance hydraulic pumps and tools serving the global bolting industry. This family of high performance hydraulic products raises performance and reliability to a new level. A new generation torque wrench features more efficient and
An Aberdeen-based subsea firm has been awarded a £30,000 grant to develop a specialist underwater tool. Ecosse Subsea Systems was recently awarded the grant by Scottish Enterprise to assist in the research and development of SCAR, a specialist trenching plough designed to operate from vessels of opp
Dril-Quip, Inc. today announced net income of $27.7 million, or $0.69 per diluted share for the three months ended September 30, 2010, versus net income of $25.1 million, or $0.63 per diluted share for the third quarter of 2009. Total revenues were $140.1 million during the quarter ended September 3
Oil States International, Inc. announced today that Oil States Industries, its wholly owned subsidiary headquartered in Arlington, Texas, was awarded contracts valued at approximately $29 million by FloaTEC de Mexico S.A. for tendon mooring equipment for a tension leg platform (TLP) located in the C
In October Cargotec has secured EUR 10 million order from the Sinopacific Group in China for the supply of a further 16-shipsets of anchor-handling systems for BOURBON’s newbuildings. The shipsets will be delivered between April 2011 and February 2012. This contract follows an order placed in June t
Oceaneering International, Inc. announced that it has secured a contract with the BC-10 Consortium, operated by Shell, to supply umbilicals for the development of BC-10 Phase II offshore Brazil in the Campos Basin. The order is for hybrid subsea pump and steel tube production control umbilicals tota
The Ichthys Project (INPEX Browse, Ltd. 76%, Operator, and Total E&P Australia 24%) today released the Invitation to Tender (ITT) for the semi-submersible Central Processing Facility (CPF) to be located at the Ichthys Gas Field (WA-37-R) in the Timor Sea, approximately 200 kilometres off the northwe
