Subsea news

The collaboration between the two companies saw them identify and map oil seepage off the coast of California.

ROVOP Limited, an independent operator of underwater remotely operated vehicles (ROVs), is to immediately increase its fleet by 50% to meet ongoing customer demand following a funding boost of £56 million.

Repsol has submitted a new Plan for Development and Operation (PDO) for the Yme field in the North Sea. More eight billion kroner will be invested in the development. The planned start-up is 2020.

The combined awards are valued at around US$60 million.

The oil and gas industry has just 18 months to upgrade critical release hook systems on offshore lifeboats to meet new regulations imposed by the International Maritime Organisation (IMO) to improve safety at sea.

Project costs for subsea field reduced by more than 20%. Production in Norway to increase to more than 100 000 boe/d.

The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Centre (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.

Test subjects variable speed drive (VSD) to simulated harsh subsea environment proving reliability of concept as Joint Industry Project team pushes boundaries of traditional product development.

Global mooring specialist Delmar Systems, Inc. has entered a partnership with leading pipelay equipment provider Maritime Developments (MDL), to set up a flex-lay base in the USA.

Blocks C22, C17 and C14 are located an average of 124 miles, or 200 km, offshore Mauritania. Together they measure nearly 8.4 million acres in water depths ranging from 3300 ft to 11 500 ft, or 1000 m to more than 3500 m.