Production & Processing
Subsea7 nets contract for ‘strategically important’ project in West Africa
Subsea7 has secured a sizeable subsea contract, worth between $50 million and $150 million, for a project in West Africa deemed as “strategically important“. Under the contract, Subsea7 is in charge of transporting and installing flexible pipelines, umbilicals, and associated subsea components for t
New framework agreement with ConocoPhillips takes Subsea7 to Norway
Subsea7 has secured a contract with U.S. energy giant ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project in Norwegian waters. The Previously Produced Fields (PPF) are located in the Greater Ekofisk Area, approximately 290 k
ADNOC secures exclusive rights to ‘critical tech for completing oil & gas wells’
UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a strategic agreement with Tubacex through which it has secured exclusive rights to use the Spanish company’s tubular joint connection technology, seen as “critical for completing oil & gas wells”. The companies have signed a strategic agreemen
NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage
The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,
Swiss set up firm with Timor-Leste govt to develop 250-kilometer natural gas pipeline
Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra
SLB rolls out electric completions tech to reduce well intervention needs
U.S.-headquartered technology player SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership. According to SLB, the Electris system enables digital control of the full p
Seatools to deliver subsea metrology and control system for Fengmiao 1 offshore wind farm
Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to supply a metrology and control system for the pre-piling template (PPT) at Taiwan’s Fengmiao 1 offshore wind project. According to Seatools, the wind farm will use jacket-type foundatio
Another $1.25B win for Subsea7 at Petrobras’ deepwater field
Subsea7 has secured a contract worth over $1.25 billion with Brazilian oil & gas giant Petrobras for a field located at 2,000 meters of water depth off the coast of Rio de Janeiro. Under the contract defined as “super-major”, Subsea7’s scope includes engineering, procurement, fabrication, installati
After Algeria and Brazil, Vallourec going to Kuwait
French provider of tubular solutions Vallourec has secured a contract with Kuwait Oil Company (KOC) for the supply of oil country tubular goods (OCTG) for drilling operations. The contract is seen as major and represents over $130 million in potential revenue. The agreement includes the supply of ca
CRP Subsea wins contract with Shell for deepwater development offshore Houston
UK-headquartered CRP Subsea, part of AIS, has won a contract with Shell for the supply of crushable foam wrap (CFW) for a deepwater development located offshore Houston in the Gulf of Mexico/America. The initial order for the Whale development is for one well-set, with additional orders for four mor
UK issues carbon storage permits for CCS project in Liverpool Bay
The UK’s North Sea Transition Authority (NSTA) has issued three carbon storage permits to Italy’s oil & gas giant Eni for the HyNet carbon capture and storage (CCS) project in Liverpool Bay, enabling the development of a 109 million tonne CO2 storage system over 25 years. According to NSTA, this mar
UK CCS project enters construction phase with financial close now secured
Italy’s oil & gas giant Eni has reached financial close with the UK Government for a carbon capture and storage (CCS) project in northern England, now free to move to the construction phase. Eni announced today, April 24, that it had reached financial close with the Department of Energy Security and
Contract with Allseas takes Vallourec to one of world’s largest deepwater fields
French provider of tubular solutions Vallourec has secured a contract with Allseas, described as major, for the supply of line pipes for what is said to be one of the world’s largest deepwater fields. Vallourec said it would supply line pipes for the Búzios 10 offshore project located at the Búzios
UK firm lands multi-year ultra-deepwater weld inspection contract in Brazil
UK provider of remotely deployed subsea inspections, TSC Subsea, has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines, covering both flowline and riser sections at depths of up to 3,000 meters. According to TSC Subsea