Subsea news

The company has grown from 3 to 19 staff recently and is on course to double its headcount by the end of next year.

The firm operational period will now extend to early October 2018.

The well began producing on 10 July, approximately 60 days ahead of schedule.

Global independent provider of ROV services, M2 Subsea, has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).

Mooring chains are a critical item on floating assets, with much emphasis being placed on their integrity by class societies and regulators following several failures in recent years.

This contract for subsea services covers components for both the subsea equipment and flexible pipelines.

The 238 km2 survey was the second successful deployment of Fairfield Geotechnologies’ ZXPLR system.

Magseis ASA has announced that it has entered into a service agreement for an operation with its proprietary MASS nodes and MASS modular handling system including seismic data QC and navigation support for a project in North Europe.

Dril-Quip, Inc. has announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary based in Aberdeen, Scotland, has entered into a letter of intent with Premier Oil Exploration and Production Limited to provide subsea production systems for the Sea Lion Phase 1 Development located offshore the Falkland Islands. 

The survey, located in water depths ranging from 2500 to 7250 ft., will employ two seismic source vessels and Fairfield Geotechnologies’ newest ocean bottom node technology, ZXPLR™.