Oil And Gas Industry News

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Hunting Acquires RTI Energy Systems

said it has acquired the business and assets of US-based riser technologies manufacturer RTI Energy Systems (RTIES) for a total cash consideration of $12.5 million, funded from existing cash resources.RTIES manufactures production riser technologies for deepwater applications within the offshore oil and gas industry, and according to Hunting, is unique within the industry as the only supplier of titanium stress joints. An operating subsidiary of lightweight metals engineering and manufacturing company Arconic, RTIES also performs fabrication and precision machining as well as inspection and maintenance

From left: Chris Overton and Djamel Hamel (Photo: Xodus Group)

Xodus Group Adds Subsea Staff

the role of principal consultant, having previously worked within a senior pipeline position for six years at Spirit Energy, as well as engineering roles at Wood, Subsea 7 and Technip.A chartered engineer, Hamel holds a PhD in Hydrodynamics from the University of Glasgow and has worked across the oil and gas industry in subsea disciplines, including rigid pipeline design and installation, risers, subsea pipeline asset integrity and project management.Overton also joins as a principal consultant, following seven years as senior pipeline integrity engineer at Repsol Sinopec. With a BSc in Mechanical Engineering

Photo courtesy of Viewport3

3D Models of Newly Discovered US WWII Sub

site, optimal resource management and an inexpensive capture technique compared to other 3D recording technologies. “We can capture precise, technical-grade results which produce visually correct outputs, whether we are working in archaeology or with operators and marine contractors in the oil and gas industry.“The work that Mr. Taylor is conducting, coupled with our technology and expertise, is making a wealth of information available across different industries, and opening the door on discovery and expeditions at these unique locations.”Tim Taylor said: “Viewport3’s proprietary

Edvard Grieg oil and gas production platform (Photo: Lundin)

NKT to Link Edvard Grieg to Johan Sverdrup

will complete the Utsira High Power Hub Project aiming to electrify the oil and gas fields Johan Sverdrup, Gina Krog, Ivar Aasen and Edvard Grieg located on Utsira High in the North Sea with renewable power from shore.NKT, which has previously provided several power from shore solutions to the oil and gas industry, said it has delivered the power cable solutions for several of the connections ensuring the electrification of the fields included in the Utsira High Power Hub Project

(Photo: Andrew Edwards, Kraken Robotics)

Kraken's OceanVision Moving Ahead

. As Kraken is the manufacturer of all the major vehicle components (i.e., sensors, batteries, propulsion system and software), it is expected that Kraken’s robotics platforms and services can be provided at a much lower overall cost than competing systems.For industry users, such as the oil and gas industry, OceanVision will help them reduce costs and risks, receive better intelligence and improve safety. This will be done by providing access to innovative technology that can reduce inspection, maintenance and repair (IMR) costs, improve operator safety and allow for increased uptime and profits

Saab Seaeye’s Sabertooth AUV (Photo from Saab Seaeye)

Seaspace Race Underway at Saab Subsea Docking Demo

A subsea space race is now officially underway in the offshore oil and gas industry following successful trials of docking and inspection operations using a commercially available underwater vehicle and Norwegian energy firm Equinor’s open-standard subsea docking station (SDS).The trials, witnessed by a crowd of leading players in the subsea resident remotely operated vehicle (ROV) or autonomous underwater vehicle (AUV) and hybrid space, were carried out in Lake Vattern, at Motala, Sweden on Tuesday.The SDS, the second built for Equinor, was transported to Saab Dynamic’s Sweden facility

Thyssenkrupp’s MUM concept. Image from Thyssenkrupp.

Robotics: The Next Gen in Subsea Vehicles

technologies like the new hydrogen fuel cell as well as a new pressure hull design will also be tested, in real size, this year.A real-scale MUM vehicle is due to be built at tested from 2020, with testing and trials up to 2023-24. The development is being supported by an advisory panel from the oil and gas industry including operator Equinor, seismic company PGS and subsea contractor Boskalis.The company also has ATLAS ELEKTRONIK, the Technical University of Berlin and the University of Rostock working on the project, on the control system and system simulation respectively

Offshore: New Project Pace Quickens

As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.However, haste can lead to less certainty of what the ultimate cost of any given project will be. Projects with high levels of so-called engineering definition are generally expected to remain within about 20% of the initial cost estimates, according to Rystad Energy.“For offshore operators, that means the expected variation for projects to be sanctioned during the period from 2019 to 2023 could be as high as $220

(Photo: James Fisher Offshore)

New Subsea Cutting Technology Unveiled

Services company James Fisher Offshore (JFO) has developed an advanced internal abrasive cutting system designed to offer higher performance, cost savings and operational efficiency to support the oil and gas industry’s decommissioning cost reduction target.The abrasive cutting technology offers an innovative method for the internal cutting and removal of subsea tubular structures, ranging from piles and jacket legs through to well casings and well heads. Due to its higher accuracy and success rate, the system delivers enhanced performance with minimal downtime, as well as a reduced operational

Matthew Gordon (Photo: Unique Group)

Unique Group Targets Growth in Europe

, UK.With offices in the UK and the Netherlands, Unique Group has more than 25 years of experience in Europe with a track record in the subsea construction, diving and IRM industries. Gordon is now heading the region with immediate effect.Gordon has over 22 years of experience in the subsea oil and gas industry, with previous senior management roles held in Fugro Survey, Subsea7 and Viking Seatech. His last role before joining Unique Group was as Managing Director – UK at Atlantic Offshore, an emergency response and rescue vessel provider

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