Offshore & subsea

The contract entails engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, offshore Rio de Janerio.

The study, targeting deepwater offshore and subsea well applications, is sponsored and funded by the Nippon Foundation - DeepStar Joint Ocean Innovation programme and supported by Chevron, Shell, Petrobras and Equinor.

The new discovery, in Block 15/06, is estimated to contain up to 250 million bbls of light oil in place.

In its first deployment, the Surface Intervention System (SIS) was mobilised off the coast of Tunisia to set two frac sleeves on two wells.

Equinor, the operator of the field located in the Norwegian Sea, estimates recoverable volume to be 67 million bbls of oil and 1.4 billion m3 of gas.

The company’s share will increase from 23.55% to 46%.

Aqualis ASA has entered into an agreement to acquire the Offshore, Adjusting and Marine business lines from Braemar Shipping Services Plc.

The company’s latest research reveals the top five companies with the greatest ABEX exposure from producing fields in the UK.

With the ability to withstand high temperatures without shrinking, melting and no drip-off, RADOX provides an extended temperature range for both hot and cold applications.

The Lancaster field, offshore the West of Shetlands area, is Hurricane’s most appraised asset, with five wells drilled by the company to date.

SBM Offshore will construct, install and thereafter lease and operate for up to two years the Liza Unity FPSO.

The company's management is aiming to increase sales of its subsea Flow Access Modules by a further 100% over the next two years in line with its international business plan.

The Bristol-headquartered organisation has secured the ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 accreditations.

NUI, the, Norwegian independent hyperbaric research and test facility, has agreed to purchase two very large hyperbaric pressure chamber systems from Optime Subsea.

Geotechnical engineering and offshore drilling company Geoquip Marine has announced the appointment of Jean-Luc Laloe to its board of directors.