Offshore/subsea systems
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
How OSRL, InterMoor, and Oceaneering adapted existing technologies into a method for landing a capping stack on a shallow-water well.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
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Operators are looking for ways to better handle water coming from subsea wells, which is typically treated at topside facilities. Subsea separation systems are not equipped to discharge water back into the reservoir, so how do companies close the gaps? -
Ashtead Technology has acquired Louisiana-based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions, as part of the company’s international growth plans in the US.
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Cutting-edge computing and subsea wireless camera technology deployed on a pipeline construction project enhanced diver safety and generated significant cost savings by avoiding the need for additional subsea vessels.
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Aker Solutions and FSubsea have agreed to a joint venture, named FASTSubsea, to help operators increase oil recovery.
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From its record high in 2014, purchases of subsea equipment and SURF fell around 50% until reaching a low in 2018. New data suggest that the subsea market will be a top-performing oilfield service segment.
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The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power?
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Anadarko Mozambique Area 1, LTDA, a subsidiary of Anadarko Petroleum Corp., named the preferred tenderers for provision of the subsea production systems. Formal award will follow final agreement of contracts and Mozambique LNG taking a final investment decision, expected in the first half of this year.
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LLOG’s subsea pipeline tiebacks and structures connecting the Stonefly development to the Ram Powell platform are scheduled to be installed in Q3 2019.
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Testing will be performed at DNV’s labs in Columbus, Ohio, and Norway and overseen by experts in fatigue of subsea equipment, bolting connections, cathodic protection, and instrumented tests.
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A project of “firsts,” Equinor’s Aasta Hansteen spar platform began producing gas on 16 December, opening a new region for gas export to Europe and the UK.
