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Home/News/Offshore & subsea

Offshore & subsea News

Browse the latest offshore & subsea news and articles.

Seabed Geosolutions completes OBN survey in Santos Basin
7 Nov 20192 min read

Seabed Geosolutions completes OBN survey in Santos Basin

The survey started in late 2018 and covered the Buzios field, lying in approximately 2000 m water depth.

West of Shetland production to overtake North Sea for Shell and BP’s UK portfolios by 2020, says GlobalData
6 Nov 20192 min read

West of Shetland production to overtake North Sea for Shell and BP’s UK portfolios by 2020, says GlobalData

The company’s latest research reveals that the West of Shetland (WoS) area retains the attention of major exploration and production (E&P) players in the region.

RusselSmith to deploy Saab Seaeye electric ROV for subsea operations
6 Nov 20191 min read

RusselSmith to deploy Saab Seaeye electric ROV for subsea operations

The Cougar XT electric underwater robotic vehicle will boost RusselSmith's subsea operations in Africa.

MOL to purchase stake in Azeri-Chirag-Gunashli oilfield
5 Nov 20193 min read

MOL to purchase stake in Azeri-Chirag-Gunashli oilfield

The company has acquired a 9.57% stake in the supergiant Azeri-Chirag-Gunashli oilfield.

Wood Mackenzie comments on Nigeria's raising of deepwater royalties
5 Nov 20192 min read

Wood Mackenzie comments on Nigeria's raising of deepwater royalties

The change applies to all deepwater production sharing contracts, regardless of vintage.

Drilling of Tambak-1 well begins
5 Nov 20191 min read

Drilling of Tambak-1 well begins

The Tambak-1 well is located approximately 4.5 km north of the Mako South-1 location and is designed to both appraise the extent of the Mako gas field as well to test the underlying Tambak prospect.

Viewport3 awarded pre-removal scanning contracts
4 Nov 20192 min read

Viewport3 awarded pre-removal scanning contracts

The contract scopes will see the company providing two North Sea operators with the intelligence they need to make decisions about the removal of items from the seabed, reduce ad-hoc engineering and minimise time spent offshore.

Shearwater GeoServices to conduct South Africa seismic project for Total
4 Nov 20192 min read

Shearwater GeoServices to conduct South Africa seismic project for Total

The survey at block 11B-12B will be Shearwater’s first project offshore South Africa.

A/S Norske Shell awards OneSubsea integrated subsea compression frame agreement
1 Nov 20192 min read

A/S Norske Shell awards OneSubsea integrated subsea compression frame agreement

Project to deliver the industry’s longest deepwater tieback using a subsea multiphase compression system.

Sembcorp Marine awarded FPU construction and integration contract for Shell’s Whale Field development in Gulf of Mexico
1 Nov 20192 min read

Sembcorp Marine awarded FPU construction and integration contract for Shell’s Whale Field development in Gulf of Mexico

The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25 000 t. Slated for completion in 2022, it will operate in the Alaminos Canyon Block 772.

Petrobras signs agreement with Emerson to streamline software deployment and reduce deepwater operations costs
31 Oct 20191 min read

Petrobras signs agreement with Emerson to streamline software deployment and reduce deepwater operations costs

Under the terms of the agreement, Emerson will provide dedicated servers and associated hardware infrastructure to Petrobras and manage those systems on its behalf.

Study finds international E&P companies struggling to profit from offshore investments
31 Oct 20193 min read

Study finds international E&P companies struggling to profit from offshore investments

A study by Rystad Energy has concluded that offshore projects sanctioned between 2010 and 2012 have barely been able to generate any value for E&P companies.

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