Inside the Subsea Cable Firm Secretly Helping America Take on China
that’s also home to a naval base, almost bankrupted Slattery, the businessman told the Australian Financial Review in a 2016 interview.Thanks to sympathetic suppliers, Slattery got that cable, known as PIPE, over the line, according to the Financial Review article. Crucially, SubCom, the main supplier on the project, extended Slattery credit to get the cable finished, the two industry sources said.Slattery sold the company that owned the PIPE cable for A$373 million ($248 million) in 2010, the first of a string of successful tech infrastructure bets. Slattery has a personal net worth of A$564
Brownfield Boost: Vigdis Gets a Subsea (Pump) Lift
;Luster Mekaniske Industri, pipeline supply.In addition to the subsea boosting station, smaller modifications have been made to Snorre A, which receives the oil from Vigdis, and Snorre B, which supplies the new boosting station with power from a new umbilical supplied by Nexans. Wood has been the main supplier for the modifications and the marine operations have been carried out by Deep Ocean.Load-out of pump station at OneSubsea, Horsøy near Bergen. (Photo: Jan Arne Wold & Audun Skadberg / Equinor ASA)VIGDIS FACTSThe Vigdis field is in the Tampen area in the North Sea, in block 34/7 (PL
Aker Solutions Awarded Two MMO Contracts
Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips. The company received a framework agreement for a fixed period of five years to become ConocoPhillips' main supplier of maintenance and modifications work offshore Norway. The agreement may be extended by up to three years and covers work on all installations at the Ekofisk and Eldfisk fields offshore Norway, starting in February. The contract value depends on how much maintenance and modifications work is undertaken over the next five
Statoil: Troll Under Pressure
. In all, the new compressors on Troll, Kvitebjørn, Åsgard, Kristin and Heidrun will contribute more than 1.2 billion barrels of additional oil equivalent. A giant field in itself, just from enhanced recovery. Global project The project consists of three different modules. Aibel, the main supplier for the Troll compressor project, built one module in Thailand and two in Haugesund. Last summer, the EIT module (electrical, instrument and telecom) from Haugesund was lifted on board Troll. The two next modules will be installed this summer. Yet another module will be lifted on board
ABB Wins $26m Marine Repeat Order
in marine seismic and reservoir data acquisition, processing and analysis/interpretation services. Oil and gas companies use this data to explore for hydrocarbon accumulations, develop new oil and gas fields, and manage their producing fields. Mitsubishi Heavy Industries chose ABB as the main supplier of power and propulsion systems and are already building two identical seismic vessels based on the first order from 2011, which will be ready for delivery in the first and fourth quarter of 2013. "Being selected as the main supplier of power and diesel electric systems for this unique
February 2024
