Newsletter subscribe
Tag: Subsea

OTC 2016: GE Oil & Gas receives Spotlight Award for subsea mux BOP control system

Posted: May 6, 2016 at 1:27 pm   /   Oil & Gas

GE Oil & Gas has received an OTC Spotlight Award for the SeaPrime, a subsea mux BOP control system. It allows drilling contractors to continue drilling if components of one point of distribution (POD) fail. This new design simplifies access to critical components, uses only two pods, and re-routes failed functions within a POD to […]

No Comments read more

Aker Solutions and ABB join forces to propel and power subsea production

Posted: May 3, 2016 at 8:38 am   /   Oil & Gas

New business alliance to bring subsea solutions to the next level. Aker Solutions and ABB agreed to build on their combined strengths in subsea, power and automation technologies to develop solutions that will improve oil and gas production for the global energy industry. The cooperation will integrate Aker Solutions’ pioneering subsea capabilities and ABB’s subsea […]

No Comments read more

Eni advances plans for Zohr gas processing plant

Posted: April 30, 2016 at 12:18 pm   /   Oil & Gas

Eni SPA is moving forward with plans to build the first of two natural gas plants in Egypt as part of its program to increase processing capacity for gas from its deepwater Zohr development in the Mediterranean offshore Shorouk concession. Construction is already under way on the planned processing plant and associated gathering installations in […]

No Comments read more

Video: Statoil Cap-X subsea concept

Posted: April 25, 2016 at 8:03 pm   /   Oil & Gas

The new subsea concept Cap-X reduces costs and increases efficiency. With Cap-X Statoil is one step closer to plug & play on the seabed. For  more information visit: http://www.statoil.com/en/NewsAndMedia/News/2016/Pages/19apr-capx.aspx (Source: Statoil)

No Comments read more

Statoil launches new subsea concept 

Posted: April 23, 2016 at 6:19 pm   /   Oil & Gas

At the Barents Sea Conference in Hammerfest, a new subsea concept developed by Statoil was presented by Margareth Øvrum, executive vice president for technology, projects and drilling in Statoil. The new subsea solution is called Cap-X. “Once again we aim to drive subsea technology development on the Norwegian continental shelf together with our industry partners. […]

No Comments read more

Deepwater Egypt, Guyana to sustain subsea capex

Posted: April 22, 2016 at 9:23 pm   /   Oil & Gas

Douglas-Westwood (DW) latest subsea hardware market forecast predicts expenditure of $94.3 billion between 2016 and 2020. This represents a 19% decline compared to the 2011-2015 period. Report author Mark Adeosun said SURF and pipeline spend will account for more than 67% ($63 billion) of the forecast spend. “Over 7,500 km (4,660 mi) of SURF and […]

No Comments read more

Aker Solutions to Provide Global Subsea Engineering Services to BP

Posted: March 29, 2016 at 6:52 pm   /   Oil & Gas

Aker Solutions secured a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields. The contract has a fixed period of five years and may be extended by two years. It covers subsea engineering services, asset integrity management and operations support. “We are delighted to partner with BP […]

No Comments read more