Oil & Gas News

M² Subsea, the global independent provider of ROV services, has secured its first contract award which is valued in excess of one million pounds. The project will see the firm supplying the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system.

Bosch Rexroth, a leading company in drive and control solutions, has developed a new ‘split hoist‘ heave compensation system. It combines active heave compensation (AHC) and passive heave compensation (PHC) elements with a sophisticated control system enabling AHC functionality to be added to new and existing hoisting installations.

Semco Maritime to participate in the preparation (hook-up) of Maersk Oil UK’s new gas field in the UK sector of the North Sea when the production units arrive from Singapore in the summer of 2018. The largest order ever for Semco Maritime’s Aberdeen office.

Saipem has been awarded a new EPCI contract for the SURF package of the proposed Liza project operated by Esso Exploration and Production Guyana Limited, an affiliate of ExxonMobil. Located approximately 120 miles offshore Guyana at a water depth of 1,800 meters, the Liza field is a subsea development with a recoverable resource estimate of over 1 billion oil-equivalent barrels.

Production optimization specialist Enpro Subsea has revealed details of how its unique subsea architecture was used for the first time by an operator in the Gulf of Mexico and was a contributing factor to the organization achieving first oil production in under 12 months – a record time for the client.

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