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Home/News/Offshore & subsea

Offshore & subsea News

Browse the latest offshore & subsea news and articles.

BP and Enpro Subsea announce global frame agreement
8 Mar 20192 min read

BP and Enpro Subsea announce global frame agreement

BP and Enpro Subsea have announces the execution of a global frame agreement aimed at providing an enhanced subsea architecture and smart standardisation using Enpro’s patented Flow Access Module (FAM) technology.

GlobalData: Norway leads new-build CAPEX outlook in North Sea
8 Mar 20192 min read

GlobalData: Norway leads new-build CAPEX outlook in North Sea

Norway is expected to spend the highest new-build CAPEX of US$21.2 billion on the development of the planned and announced projects, among the countries in the North Sea, during the period 2019 - 2025.

Byron Energy completes SM58 acquisition
7 Mar 20191 min read

Byron Energy completes SM58 acquisition

Byron has closed the previously announced acquisition of the South Marsh Island 58 (‘SM58’) lease block including the SM58 #E1 producing wellbore and the SM69 E platform and flowlines.

Subsea 7 awarded three contracts by Woodside
7 Mar 20193 min read

Subsea 7 awarded three contracts by Woodside

Each contract is for engineering studies and includes an option for Woodside to proceed to the execute phase with an engineering, procurement, construction and installation (EPCI) contract.

GlobalData: Policy risks for Lebanon’s second offshore round despite stable fiscal terms
7 Mar 20192 min read

GlobalData: Policy risks for Lebanon’s second offshore round despite stable fiscal terms

Political and economic instability may affect Lebanon’s second offshore licensing round, according to GlobalData.

Magma and Shawcor collaborate to offer standardised insulated m-pipe
6 Mar 20192 min read

Magma and Shawcor collaborate to offer standardised insulated m-pipe

Magma sought to further improve the thermal insulation properties of m-pipe in order to maintain flow temperature for a number of current projects. Shawcor’s Thermotite® ULTRA™ was identified as having the required thermal insulation to achieve this.

Sonardyne’s Sentry leak detection sonar deployed by oil major in the US Gulf of Mexico
6 Mar 20193 min read

Sonardyne’s Sentry leak detection sonar deployed by oil major in the US Gulf of Mexico

The system, Sonardyne’s wide-area Sentry Integrity Monitoring Sonar (IMS), has been deployed on the seafloor at more than 2000 m (6500 ft) water depth.

Equinor: Gullfaks C can be used until 2036
5 Mar 20192 min read

Equinor: Gullfaks C can be used until 2036

The Norwegian Petroleum Directorate is giving a green light to using the C platform on the Gullfaks field in the North Sea until 30 June 2036.

GlobalData: Exxon’s Cyprus gas discovery faces uphill battle in stranded sector
5 Mar 20192 min read

GlobalData: Exxon’s Cyprus gas discovery faces uphill battle in stranded sector

Following the recent news that ExxonMobil Corp has discovered a significant gas field offshore Cyprus via the Glaucus-1 exploration well, Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData,offers his insight on the matter.

Rystad Energy forecasts a boom in Xmas trees
5 Mar 20192 min read

Rystad Energy forecasts a boom in Xmas trees

After activity levels fell to only 240 subsea trees installed globally in 2017 – the lowest level since the turn of the century – Rystad Energy forecasts that over 350 subsea trees will be installed per year by 2021.

Ampelmann enters the Mexican market after signing first contract
4 Mar 20191 min read

Ampelmann enters the Mexican market after signing first contract

The Dutch offshore access provider has secured its first contract in Mexico, adding a new region to its global portfolio.

Jersey Oil & Gas announce commencement of drilling of the Verbier appraisal well
4 Mar 20191 min read

Jersey Oil & Gas announce commencement of drilling of the Verbier appraisal well

The company has announced that drilling operations have commenced on well 20/05b-14 on UK Seaward Licence P2170, Blocks 20/5b & 21/1d using the semi-submersible rig West Phoenix.

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