Subsea news

Owned and operated by Saudi Aramco, Safaniya is the world’s largest offshore oilfield located in the Persian Gulf.

The Oil & Gas Innovation Centre has reported that more than 500 jobs will be sustained or created in Scotland over the next six years as a direct result of its support for research and development.

Wood has announced the next phase of a collaborative industry effort to develop a better understanding of the reliability of subsea equipment for use offshore Australia.

The company has attracted backing from three UK-based investment houses, Green Angel Syndicate, Cambridge Angels and Bristol Private Equity Club.

Reach Subsea has been awarded a Frame Agreement for Inspection, Maintenance and Repair (IMR) services to Statoil Petroleum.

New technology improves asset inspection efficiency and reduces costs.

The two-year agreement will see Bibby Offshore carry out inspection repair and maintenance (IRM) works, ROV inspection and subsea survey operations across a number of North Sea structures and pipelines.

McDermott International, Inc. has announced a contract award from Anadarko Petroleum Corporation for subsea umbilical and flowline installation in support of a tieback to Anadarko-operated Lucius field located 275 miles southeast of Galveston, Texas, in the U.S. Gulf of Mexico.

A subsea technology specialist that has deployed revolutionary products for the global oil and gas industry says the sector needs to address the growing urgency for high-pressure connectors – as deepwater field developments are on the rise once again.

Flexlife will use RIO Analytics’ Artificial Neural Network Solutions in the Gulf of Mexico and further afield.