McDermott and Baker Hughes Install Subsea Infrastructure at Ichthys Field
Engineering company McDermott and Baker Hughes have completed the installation of subsea infrastructure at the Ichthys liquefied natural gas (LNG) field in northern Australia.The work was conducted for Inpex as part of the contract McDermott and Baker Hughes secured in 2019.The scope of the contract included engineering, procurement, construction and installation (EPCI) of umbilicals, risers and flowlines (URF), a subsea production system comprised of a new 7-inch vertical Christmas tree (VXT) system, all forming a subsea well gathering system (GS4) tied back to the existing Ichthys Explorer central
McDermott Scoops Contract for CCS Project Offshore Malaysia
Offshore engineering and construction firm McDermott has been awarded a contract from Malaysia Marine and Heavy Engineering (MMHE) for the Kasawari Carbon Capture and Storage (CCS) project, located offshore Sarawak in East Malaysia.Under the scope of the contract, McDermott will perform transportation and the structural installation of a 138-kilometer (85 miles) pipeline section, a 15,000 metric tonne (MT) CCS platform jacket, and bridge connecting to the existing central processing platform.The installation activities will be performed by one of McDermott's heavy-lift and pipelay vessels."Set
New Hydrothermal Vent Found Near Galápagos
;pagos Islands consists of five geyser-like chimneys and three hot springs. The hottest water temperature recorded was 288 degrees Celsius (550 degrees Fhrenheit).The American and Ecuadorian research team on R/V Falkor (too), led by Dr. Roxanne Beinart of the University of Rhode Island and Dr. Jill McDermott from Lehigh University, detected chemical signatures of the 9,178 square meter (98,791 square foot) vent field while surveying the region with Schmidt Ocean Institute’s underwater robot, ROV SuBastian. They found the vents and explored the area for over 43 hours, the longest dive for the
McDermott Bags Major Subsea Pipeline, Cable Order in Qatar
Offshore installation firm McDermott has secured a major subsea pipelines and cables engineering, procurement, construction, and installation (EPCI) project from Qatargas.The award is related to the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1. McDermott defines a major contract as between $750 million and $1.5 billion.The COMP1 project is part of the NFPS Offshore Compression Project involving the installation of new assets in Qatar's North Field, including compression complexes at seven locations to sustain gas supply to the existing
Ashtead Technology Names Gillespie as Commercial Director
solutions specialist Ashtead Technology has named Bob Gillespie as Commercial Director. Gillespie most recently worked for the Norwegian offshore installation services firm Havfram where he was UK Managing Director. Before that he held senior commercial positions with Fugro, TechnipFMC, and McDermott before becoming UK Managing Director of DOF Subsea. Gillespie said: “Ashtead Technology is an ambitious company with a first-class reputation and I am delighted to be joining the business at such a pivotal and exciting time in its evolution. “With recent successes in new and
UTEC Wraps Survey Work for McDermott
On 25 February, UTEC, a global surveying company in the Acteon subsea services group, completed consecutive as-built and post-construction, anchor-debris-clearance surveys using remotely operated vehicles (ROV) for McDermott International.UTEC mobilized a DP2 offshore support vessel in early December 2019 with work- and observation-class ROVs and a nearshore survey work boat for the as-built campaign. The anchor debris clearance campaign used the same vessel with a sub-bottom profiler, a side-scan sonar, a multibeam echosounder and a magnetometer.“We are delighted to have completed these surveys
Uptick for Subsea Tree Installs Coming
forward, the subsea market will be one of the winners,” he says, with 8% annual growth. But, it will still be shy of its former $46 billion self.IntegrationA big trend is the success of the integrated contractors – the likes of Subsea 7 and OneSubsea’s Subsea Integration Alliance and McDermott and Baker Hughes’ alliance, offering SURF and subsea production systems (SPS) in one contract. They’ve boomed (relatively) globally since Q4 2018. But, they’ve also been raising eyebrows, says Bjørvik.Some 50% of the subsea tree awards have been through these integrated
Offshore Energy Outlook for 2020
services companies still hurting from oil’s downturn possess the expertise, skillset and technological capabilities aligned with those needed for offshore renewables work, opening the door toward new revenue streams that come with building a greener future. Offshore players such as Saipem, McDermott, Subsea7 and the soon-to-be demerged TechnipFMC, among others, while still heavily involved in oil and gas, have been winning renewables work for years. And their prospects are growing larger.Europe, the offshore wind leader from the industry’s inception, continues to build capacity with
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
February 2024
