Subsea news
Rystad analysis finds demand for umbilicals set for multi-year blow, despite cost savings
Demand for umbilical lines is expected to fall by 32% to just 713 km of lines in 2020, down from 1041 km last year.
Independent Oil and Gas awards Subsea 7 EPCI contract
The contract will cover the Subsea, Umbilicals, Risers and Flowlines (SURF) work on Phase 1 of Independent Oil and Gas's Core gas project in the UK Southern North Sea.
IEV awarded subsea inspection contract
The contract was awarded by an unnamed oil and gas producer for the inspection of a subsea pipeline at an offshore oil and gas field in Malaysia.
Neodrill launches CAN-complete service
CAN-complete will provide clients with a full service EPCI solution for the subsea well tophole and structural foundation.
ADNOC and ADPower launch joint tender for subsea power transmission network
The subsea transmission system, expected to begin commercial operation in 2025, will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid.
Fugro awarded remote operations contract on Well-Safe Guardian
Fugro will deliver integrated marine-based services onboard the Well-Safe Guardian, Well-Safe Solutions’ semi-submersible unit for executing subsea well decommissioning work.
Subsea UK invests in market intelligence database
The SubseaIntel tool has been substantially upgraded to help streamline and improve subsea intelligence-gathering and is being re-launched this week.
UK’s underwater engineering industry responds to Covid-19
Subsea UK says that underwater engineering companies have the relevant products and manufacturing expertise, particularly in breathing apparatus and life support equipment, valves, and control systems, to support the UK in tackling the pandemic.
WFS signs new partnership with AeonX
AeonX (Nigeria) has signed a partnership agreement with WFS to promote and deliver the full range of Seatooth products for asset integrity and flow assurance monitoring to existing and new clients in Nigeria.
Express Engineering recognised for growth and product development
The Gateshead firm has won the Mid-Market Management award at the British Private Equity & Venture Capital Association’s (BVCA) Management Team Awards.