Subsea news

Pemex, ExxonMobil, Shell are among the drillers contemplating bids.

OEG have delivered several high value remotely operated vehicles module contracts worth £1.8 million (US$2.5 million) for leading subsea contractors.

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimisation business into new and existing international markets and further develop its range of production optimisation and intervention technologies.

The initial phase of the deepwater project consists to two development wells in Keathley Canyon 829 and a six mile subsea tieback to the Lucius plat form at Keathley Canyon 875.

Aker Solutions have been awarded contracts from Statoil to provide subsea production systems offshore Norway, in the North and Barents Sea. Both orders include installation and commissioning support services.

18 delayed projects reached final investment decisions in 2017, compared to two in 2015 and five in 2016.

Aqualis Offshore will provide marine warranty surveyor and marine services to Aker BP’s fixed platforms, mobile units and subsea on the Norwegian continental shelf.

The contracts have been awarded by the Azerbaijan International Oil Company for Azeri Central East Project.

Subsea technology company, Rovco, has secured Innovate UK funding to develop a cutting-edge 3D visualisation system as part of a two-part Artificial Intelligence demonstrator project potentially worth £1 million.

The move is a response to increasing demands for ship-to-ship transfers to support Brazil’s soaring oil exports.