Subsea

BP has awarded Emerson Process Management, a global business of Emerson, a contract in excess of US$40 million to be the Main Automation Contractor for the Shah Deniz Stage 2 development project in the Azerbaijan sector of the Caspian Sea. Emerson will provide integrated control and safety systems to help …

Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the …

Earlier this year, Aker Solutions and Baker Hughes agreed to form an alliance to develop technology for production solutions designed to boost output, increase recovery rates and reduce costs for subsea fields. The alliance combines Aker Solutions’ strengths in subsea production and processing systems with Baker Hughes’ expertise in well …

OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea …

Leading international oilfield services company, Expro, has secured a milestone subsea contract with BP for the Shah Deniz Stage 2 project in the South Caspian Sea, one of Expro’s largest Europe CIS contracts to date. The 5-year contract, worth almost $100m, will see Expro provide completion landing string equipment and …

Aker Solutions ASA and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions’ strengths in subsea production and processing systems with Baker Hughes’ expertise …

Global-leading energy technology services company Proserv today unveiled a game-changing technology for subsea control and monitoring communications, reinforcing the company’s rapidly-expanding subsea capabilities and world-class engineering expertise. The Artemis 2G (A2G) subsea electronics module is a next generation controls and communications tool that uniquely frees operators from the constraints of …

Today the Onshore Processing Facility (OPF) of the Kirinskoye gas and condensate field in the Sakhalin Region hosted an official ceremony dedicated to the first gas production and its transmission system testing. Taking part in the ceremony were Alexey Miller, Chairman of the Gazprom Management Committee, Yury Trutnev, Deputy Prime Minister of the Russian Federation and Presidential …

Russia introduced new tax breaks on Monday encouraging oil firms to explore hard to reach subsea fields, in the hope of unlocking new reserves as the country approaches full production capacity from its dwindling oil deposits in West Siberia. Russia, the world’s top energy producer, is now pumping close to …

Rapidly growing international energy services company Proserv has officially launched a global research and development (R&D) hub in Norway to design innovative subsea controls and communications technologies. This new group strengthens Proserv’s evolving international infrastructure in support of its subsea production systems business which includes facilities in the UK providing …