Offshore/subsea systems
The awards build on Tenaris’ role in earlier phases of the ultradeepwater Black Sea project.
An earlier deal to double Israel’s gas exports to Egypt led to approval of Leviathan’s Phase 1B expansion by guaranteeing long-term cash flow to finance the project.
Marking a major milestone as the Gulf of Mexico’s second 20,000-psi deepwater development, the project underscores how advanced high-pressure technology, management of flow challenges, and the floating production system’s role as a regional hub are helping open the door to more Inboard Wilcox development.
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The FEED contract is expected to be converted into an engineering, procurement, construction, and installation contract in Q1 2021.
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BSEE said details of the policy change will come later this year.
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The specification defines a minimum common set of requirements for the procurement of subsea pipeline valves.
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In 2015, the world’s first subsea multiphase gas compression system was installed offshore Norway. The system comprises two-off 5-MW machines configurable for serial or parallel compression. This system has now gained considerable and valuable operational experience.
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Both operational experience and studies of future offshore gas-field developments are showing that subsea gas-compression systems not only reduce investment costs but also increase recovery significantly.
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Armada to install ROV launch and recovery system on its fleet of robotic ships.
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A new idea from Equinor calls for autonomous submarines to transport CO2 from the surface to the seabed. The Norwegian operator says the shuttles could also carry oil and water for injection.
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WFS Technologies’ collaboration is its second in as many months supporting its Seatooth technologies.
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While a year with less than 200 subsea tree awards seems uncommon, a year with less than 100 awards is an even rarer sight. It has only happened once before since the turn of the century, in 2016 following the oil price crash of 2014–2016.
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The W-Industries contract comes 2 months after Worley was awarded a master service agreement for services on the Mozambique LNG project.