Vallourec Wins ExxonMobil’s Whiptail Order Offshore Guyana
Vallourec.The Whiptail project is located in the Stabroek Block, a 26,800 km2 strategic basin located off Guyana’s continental shelf, where several important discoveries have been made since 2015.In April, ExxonMobil has awarded major contracts for the development of the Whiptail field, including subsea production system scope to TechnipFMC, TCP Deal for Strohm, as well as the construction and installation of the FPSO Jaguar that will be deployed on the field awarded to SBM Offshore.TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off GuyanaStrohm Reels In
Bourbon Orders Exail Tech to Streamline Subsea Fleet’s Services for Offshore Energy
UK-based Exail has secured a contract with French maritime services provider Bourbon to supply several units of its Octans Attitude and Heading Reference Systems (AHRS) for integration into Bourbon Subsea Services’s fleet.These units will be installed on multiple Bourbon Evolution 800 Series multi-purpose support vessels (MPSVs) dedicated to subsea operations at depths down to 3,000 meters.IMO-HSC certified, the Octans AHRS will enhance Bourbon vessels’ efficiency in installation, maintenance, and repair tasks for the oil and gas, and offshore wind industries, according to Exail.Providing
Asso.subsea Wraps Up Subsea Cables Installation at French Floating Wind Pilot
Subsea cable services company Asso.subsea, in partnership with Prysmian Powerlink, has completed the cable installation, burial, and protection operations for the 25 MW Provence Grand Large floating offshore wind project in France.The project, situated in the Mediterranean Sea and developed by EDF Renewables and its partners, 17 km off the coast, on a 100-meter-deep site, is a floating wind pilot project, designed to showcase the economic viability of offshore floating wind farms.Asso.subsea was entrusted with all marine works, including engineering, cable loading of export and inter-array dynamic
KOIL Energy Lands Multi-Million-Dollar Subsea Deal
Houston-based subsea equipment and services specialist Koil Energy has secured a contract for a subsea safety control system from a major international energy company.The multi-million-dollar contract encompasses the engineering, procurement, manufacturing, installation and testing of KOIL’s technical solution for subsea safety control systems.The company did not disclose the exact value of the contract, nor the name of the client.“This contract stands as a testament to our team’s achievements in developing integrated solutions. We are thrilled to have earned the trust of our customer
Kongsberg’s First HUGIN Endurance Passes Factory Acceptance Testing
program has attracted significant interest both from the defence sector and commercial operators. It can accommodate whatever kind of payload a customer wants, whether for seabed mapping or inspection, oceanography, continuous surveys of offshore wind parks, or as a surveillance tool for critical subsea infrastructure or changes in ecosystems.HUGIN Endurance, launched in 2021, is the largest member of Kongsberg Discovery’s HUGIN family of AUVs. The system can come equipped with a wide array of standard sensors. This includes a wide-swath high-resolution synthetic aperture sonar (HISAS 1032
Subsea Vessel Market is Full Steam Ahead
Construction Vessels, Rate level (USD)Chart Courtesy Fearnley Offshore SupplyMultipurpose Vessels, Rate level (USD)Chart Courtesy Fearnley Offshore SupplyAnother insightful method to measure the health of the subsea market is to analyze the order backlog of the Tier 1 offshore construction contractors: Subsea 7, TechnipFMC, and Saipem. When doing so, we find that as per the end of 2023, these companies’ combined backlog stood at almost the same value as the previous peak 10 years prior. With more than $40 billion of work in their books, the Tier 1 players have just around 2% less orderbook value
Mocean Energy’s Blue X Wave Device and Verlume’s Halo Battery Come Ashore
Mocean Energy’s Blue X wave energy converter, with project partner Verlume’s Halo storage system, have been retrieved to shore after more than 12 months of testing at sea as part of Renewables for Subsea Power (RSP) project.Orkney-based marine services provider Leask Marine was employed to help bring RSP technology back onshore.The next steps for the RSP project include removing all equipment from the marine site, ahead of inspection and clean down onshore in Orkney, and moving to Verlume’s operations facility in Dyce, Aberdeen.The project has given RSP's participants invaluable
Greensea IQ and VideoRay Partner to Enhance ROV User Experience
partnership to enhance the user experience for remotely operated underwater vehicles (ROV).The renewed five-year, multi-million dollar agreement will aim to help improve the performance and dependability of their products, as well as fostering innovation within the inspection class ROV sector, including subsea defense and commercial customers. The companies said they have already begun work on the development of Professional Workspace software for VideoRay’s Ally, the newest member of their Mission Specialist family."The Master Agreement between Greensea IQ and VideoRay illustrates the significant
PXGEO Acquires Modus Subsea Services
Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering.Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention drones (UID) based on the Saab Sabertooth platform. The company has also developed and commercialized the industry's first-ever UID subsea residency solution.Residency, where the vehicle remains docked with a subsea docking station for charging and data transfer, aims to provide survey and inspection, maintenan
February 2024
