Mcdermott News

(Photo: Saipem)

Saipem/Subsea 7 Merger Would Create Subsea Giant

sources said to have knowledge of the matter.Commenting on unconfirmed reports, Audun Martinsen, head of oilfield service research at Rystad Energy, said a deal would create a global oilfield giant with more than $12.4 billion in revenue.“Subsea 7 made an unsuccessful bid to merge with US rival McDermott last year. Now it could be looking at a tie-up with Italy’s Saipem, both of which have a strong standing within the so-called SURF segment – involving the construction and installation of subsea umbilicals, risers and flowlines,” Martinsen Said.“The combined entity would

(Image: FutureOn)

Subsea Digital Alliance Launched

optimized production and recovery.Digital Energy - All phases – A comprehensive suite of AI and machine learning algorithms that can be integrated with any data set to support predictive analytics and process improvements.FutureOn will also present the Subsea Digital Alliance in partnership with Mcdermott and Digital Energy on the Microsoft Azure booth at ADIPEC

(Image: BP)

McDermott to Build SPS for Greater Tortue

McDermott International announced it has been subcontracted to build subsea production system (SPS) for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal."Fabrication for both the SPS and subsea, umbilicals, risers and flowlines (SURF) scope for the Greater Tortue Ahmeyim project will now be undertaken in McDermott's yard in Batam, [Indonesia], which enables a fast-tracked fabrication schedule to be delivered," said Ian Prescott, Senior Vice President for Asia Pacific.McDermott said the contract is worth between $1 million and $50 million, and will be reflected

Shown from left to right at the contract signing: William Calligeros, McDermott Country Manager Australia, NZ & PNG; Derek Price, BHGE Regional Sales Leader; Graham Gillies, BHGE Oilfield Equipment Vice President; Ian Prescott, McDermott Senior Vice President Asia Pacific; Hideki Iwashita, INPEX Vice President Finance and Technology Services; and Yosuke Ueda, INPEX Vice President Asset Managem (Photo: McDermott)

McDermott, BHGE Score Ichthys Contracts

McDermott International and Baker Hughes, a GE company (BHGE), announced on Tuesday that the companies have been awarded contracts to provide a joint subsea umbilicals, risers and flowlines (SURF) and subsea production systems (SPS) solution for the INPEX-operated Ichthys liquefied natural gas (LNG) field development, located off the northwest coast of Western Australia.The award, which follows the completion of a front-end engineering and design (FEED) competition and tender for the engineering, procurement, construction, installation (EPCI) scope, includes a joint SURF and SPS EPCI solution, comprisin

McDermott President and CEO David Dickson speaks on the impact the Bedfont Lakes relocation will have for company and its clients. (Photo: McDermott)

McDermott Opens Subsea Center in London

McDermott International said it has relocated its Subsea Center of Excellence from Epsom in Surrey to Bedfont Lakes office park near Feltham in London, to strengthen its subsea offering there following BP’s award of the Greater Tortue Ahmeyim natural gas roject.McDermott and BHGE were awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the project located offshore Mauritania and Senegal. The subsea engineering team as well as other support office areas from McDermott will be located in the new office.“The relocation of our

McDermott used its derrick lay vessel, DLV 2000 to perform its first S-lay piggy-back pipelay. (Photo: McDermott)

McDermott Wraps Up Reliance Campaign

McDermott International said it was able to mitigate impact of two cyclones en route to completing the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India.The recently completed campaign included McDermott’s piggy-back pipelay in S-lay mode (18-inch plus a 4-inch) offshore in India in approximately 1,300 meters water depth and the installation of 6-inch lines, pipeline end terminations (PLETs) and manifolds to water depths of approximately 1,920 meters, McDermott said. The

(Photo: McDermott International)

McDermott Wraps Up Ichthys LNG Campaign

McDermott International announced Monday it has completed the final offshore campaign for the INPEX-operated Ichthys LNG Project, located offshore Western Australia.This was the second of two remaining work packages left under McDermott's contract, which was the largest subsea contract ever awarded at the time, the company said. Most of the engineering, procurement, construction and installation (EPCI) for the subsea umbilicals, risers and flowlines (SURF) contract awarded in January 2012 was completed by the end of 2017.The final offshore campaign involved subsea tiebacks to new drill centers and

Image: DNV GL

Offshore Pipeline Market to Grow 6.5%

offshore pipeline addition for around 12,500km during the forecast period.Countries such as Russia, Georgia, and Ukarine are likely to drive the growth of the offshore pipeline market during the forecast period.The major players in the global offshore pipeline market, are Saipem (Italy), Subsea 7 (UK), McDermott (US), Sapura (Malaysia), Wood Group (UK), Technip (UK), Fugro (Netherlands), Atteris (Australia), Penspen (UK), Petrofac (UK), and Senaat (UAE)

© Lukasz Z / Adobe Stock

McDermott Wins Subsea Tieback Work for Stonefly

McDermott International announced Monday it has secured a contract from LLOG Exploration Company to install the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform approximately 140 miles southeast of New Orleans in the Gulf of Mexico.McDermott said its work scope includes project management, installation engineering, subsea structure and spoolbase stalk fabrication, and subsea installation of the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform via a 60,000 foot

One of the vessels which will be used, DLV 2000 pipelay vessel, pictured off northwest Australia during the Ichthys project on which UTEC worked (Photo: UTEC)

UTEC Wins Survey Work Offshore India

Surveying company UTEC, part of subsea services group Acteon, said it has been awarded a subcontract by McDermott International for a series of survey work scopes offshore eastern India.The work, due to commence in December 2018, will see UTEC provide surface and subsea positioning services during the installation of subsea flowlines, pipeline end manifolds and terminations, jumpers, risers and umbilicals that form part of the development of a field in water depths to 2,100 meters.UTEC said it will operate equipment and personnel initially on three vessels: the McDermott operated DLV 2000 pipelay

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