SLB, Subsea 7, and Aker Solutions' Subsea JV Gets Nods from Competition Authorities
competition authorities to create a subsea joint venture, as proposed in August 2022."Following clearance as of [Friday] by antitrust authorities in Brazil, all regulatory approvals/clearances required to close the transactions have been obtained, including required clearances in Angola, Mozambique, Australia, Norway, the United Kingdom and the United States. All approvals/clearances obtained are unconditional," Aker Solutions said Friday."The joint venture is planned as a milestone in subsea production economics, helping customers unlock reserves, reduce time to first oil, lower
Marine Telemetry: Shedding Light Below the Waves
marine species are spending most of their time. We have no idea if marine protected areas are working. That was kind of the motivation behind it,” said Nakia Cullen, a research manager at Megafauna Foundation and PhD candidate at Dalhousie University in Halifax. Cullen lives and works in Zavora, Mozambique, an area rich with sharks and manta rays, but also data deficient and lacking the extensive management necessary. While her research started as underwater visual surveys, Cullen has been able to delve into telemetry in the past few years, inspired by other southern African marine researchers.Cullen
Saipem Confirms Targets After Return to Core Profit
business, down from 1.7 billion at the end of first half.The group is thinking of spinning off vessels used to build offshore installations into a separate entity to raise cash and further cut debt, CFO Paolo Calcagnini told reporters.The company also said it does not expect a major LNG project in Mozambique to restart this year after it was put on hold last year for safety reasons.Saipem shares, which have lost more than 80% of their value this year, gained 2% by 1130 GMT.First-half revenue jumped nearly 40% to 4.435 billion euros helped by a positive performance in offshore engineering & construction
UTEC Nets Coral Sul Survey Work Offshore Mozambique
UTEC, an offshore energy survey firm, has won a survey contract in Mozambique to support the development of Eni's Coral Sul ultra-deepwater FLNG development. Under the contract, awarded by oilfield services giant TechnipFMC, UTEC will be responsible for pre-lay surveys; long baseline array installation and calibration; survey and positioning support; support for the installation of manifold foundation piles, manifolds, tether piles, flexible lines, umbilicals, wellhead jumpers and flying leads; pre-commissioning operations surveys; and riser hook-up and as-built surveys.UTEC, an Acteon company
CGG Readies Offshore Mozambique Seismic Survey
French seismic player CGG has completed the final 3D PSDM seismic dataset from its recent 15,400-sq km (5,946-sq mi) multi-client survey of the outer Zambezi Delta in the Mozambique basin.The ultramodern data was acquired over blocks Z5-C and Z5-D and surrounding open acreage as part of a multi-client program agreed between CGG and Mozambique’s Instituto Nacional de Petroleo (INP).The final PSDM data identifies key stratigraphic intervals for a better understanding of the petroleum system and, in conjunction with the high-resolution gravity and magnetic data, brings new information on the basin
Benthic Wins Geotechnical Work from TechnipFMC
Geosciences company Benthic announced it has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development, a deepwater discovery off the coast of Mozambique that will be developed as a subsea system tied back to an onshore liquefied natural gas (LNG) facility.Benthic said it will utilize two portable remotely operated drill (PROD) units to perform fieldwork, which is scheduled to begin in the third quarter of 2019. The PROD1 unit with tracks (TracPROD) will be used in the shallow-water geotechnical locations from Solstad’s Nor Captain anchor-handling tug
TechnipFMC: Record Orders, Backlog in Q2
demand for energy while lowering greenhouse gases," Pferdehirt said.TechnipFMC said its subsea division was also seeing strong growth and had won most contracts in the sector, worth around $3 billion, since the start of the year including Anadarko's Golfinho $1 billion development in Mozambique."The unprecedented level of order activity demonstrates that we are winning," Pferdehirt said, adding that TechnipFMC's strong second-quarter results and growth in backlog showed the company would achieve its increased full-year guidance.The company said revenue came in at $3.434
Oceaneering Awarded Work in Mozambique
Oceaneering announced on Wednesday it has secured a contract from Anadarko Petroleum Corporation to supply umbilicals, distribution hardware, and aftermarket services for its liquefaction and export terminal project in Mozambique.The multiple lengths of onshore and subsea steel tube control umbilicals total approximately 185 kilometers in length. The distribution hardware to be provided includes umbilical termination assemblies, hydraulic and chemical distribution units, electrical distribution units, flying leads, junction plates, remotely operated underwater vehicle (ROV) flyable large-bore connectors
TechnipFMC Wins $1 Billion Subsea Contract
TechnipFMC said it has been awarded a number of subsea contracts by US-based Anadarko Petrleum for its Golfinho/Atum development offshore Mozambique.The UK-based firm said it was awarded a contract worth more than $1 billion for the engineering, procurement, construction and installation (EPCI) of the subsea hardware system through its wholly owned UAE incorporated subsidiary, Technip Middle East FZCO.TechnipFMC will execute the offshore installation scope with its consortium partner Van Oord, through their wholly owned UAE incorporated subsidiary, Van Oord Gulf FZE, and in cooperation with strategic
February 2024
