Offshore & subsea

US$150 million investment to build global business focused on subsea integrity.

Region is home to world’s first OPITO-approved oil & gas technical qualification centre.

DNV GL wins verification contract for FMC’s JIP.

Subsea Services Alliance is pleased to announce its first joint technology project to engineer and manufacture a 15 000 psi intervention riser system.

The new services, which focus on the circular economy approach, where showcased at Decom North Sea’s recent lunch and learn.

Operated by ExxonMobil, the project is expected to produce around 70 000 bpd.

If the North Sea and shale sectors are to reach their full potential, supportive policies will be required.

The company will be working on the Yinson Genesis.

HIMA emphasises advantages of separate and independent safety platform.

Douglas-Westwood (DW) forecasts global subsea hardware Capex will total US$145 billion between 2015 and 2019.

Despite challenging oil and gas prices in the quarter, Statoil delivered adjusted earnings of NOK 22.9 billion and NOK 7.0 billion after tax.

Höegh LNG Holdings Ltd. announced that its FSRU Höegh Gallant has completed all performance and commissioning tests.

The Tortue-1 well has intersected 107 m (351 ft) of net hydrocarbon pay.

The EIC Monitor report shows a significant decline in the levels of contracting activity across global upstream, midstream and downstream sectors in 1Q15.

Trelleborg’s offshore operation has launched its brand new Mobile Production Unit.