
Mermaid Maritime wins subsea services contract in its Middle East market
The company has announced that its Middle East business unit has been awarded a subsea services contract in a G.C.C country with an initial contract value of US$17 million.
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The company has announced that its Middle East business unit has been awarded a subsea services contract in a G.C.C country with an initial contract value of US$17 million.

The company has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1 project within the Mero field development, one of the largest oil discoveries in Brazil's pre-salt area.

EIP will formally launch at an industry event in Scotland today.

Equinor, ENI and Petoro have completed an appraisal well on the Cape Vulture discovery, and found a volume potential of 50 – 70 million recoverable barrels of oil.

The project brings together leading subsea equipment and services from BHGE, McDermott and LTHE to provide ONGC with end-to-end project delivery.

Wellhead fatigue mitigation system now available for improving safety and fatigue life offshore Norway.

The company has strengthened its underwater inspection and maintenance capability with the provision of new mini ROVs for performing subsea operations in challenging environments.

The company is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally.

Industry experts are being urged by Subsea UK to showcase the most advanced technologies and lead discussions on the current and future subsea challenges at next year’s flagship event, Subsea Expo.

Infinity announced that the first project, a fast track subsea tie-back to an existing facility is now underway.

The project will combine Sonardyne’s underwater positioning systems and Guidance Marine’s relative surface positioning systems into one integrated solution.

On 2 September the Visund Nord IOR (improved oil recovery) project came on stream, two months ahead of schedule. The project has further been delivered with no serious HSE incidents and well below budget.