Saipem News

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

Seaspace Race Underway at Saab Subsea Docking Demo

were at the event, including Equinor, which has driven the open-standard SDS and is working with industry via the SWIG (subsea wireless interest group) and a Deepstar project to standardize docking station interfaces, as well as other companies who may sooner or later be using the SDS, including Saipem, Oceaneeering, IKM Subsea and Eelume; those who could supply power to these vehicles, such as Ocean Power Technologies; and service suppliers like iTech, Rovop and DeepOcean.Jon Robertson, managing director of Saab Seaeye, said, “For us, this has been a core part of our business for 30 years

Image: DNV GL

Offshore Pipeline Market to Grow 6.5%

years.Moreover, the region has 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)

(Photo: Vryhof)

Vryhof Reports New Contracts

for Vryhof Anchors for the WindFloat Atlantic wind farm, offshore Portugal, the world’s first commercial floating wind farm, and the Havfarm 1 offshore fish farm project in Norway, one of the world’s largest floating structures. In addition, Deep Sea Mooring (DSM) has secured contracts with Saipem Indonesia, Odfjell Drilling and Noble Drilling for the supply of mooring related services during 2019 in offshore Indonesia, the North Sea, and Myanmar respectively, as well as a large-scale contract offshore Australia. Vryhof Anchors has been awarded an oil and gas contract in Malaysia with SOFEC

(Photo: Saipem)

Saipem to Advance Shell's FlatFish Technology

Italian oil and gas contractor Saipem said it will work with Shell to further enhance key features of the oil major’s proprietary subsea autonomous vehicle, FlatFish.Since March 2018, Saipem has been the sole developer of FlatFish technology for Shell. FlatFish is a resident subsea autonomous vehicle able to perform complex inspection tasks, particularly suited to Brazil’s pre-salt offshore fields. It was previously developed by Brazilian research institution SENAI CIMATEC in partnership with DFKI over a four-year project funded by the Brazilian oil and gas regulator ANP's research and

Saipem Castorone at the Johan Sverdrup field in the North Sea. (Photo: Bo B. Randulff / Roar Lindefjeld / Equinor ASA)

Norway’s Largest Oil Pipeline Now in Place

Late last week, Norway’s largest and longest pipeline reached the Johan Sverdrup field in the North Sea.The last pipe of what is now Norway’s longest and largest oil pipeline was installed by the vessel Saipem Castorone, right next to the riser platform at the Johan Sverdrup field. The 36-inch pipeline extends 283 km from the Mongstad oil terminal outside Bergen to the giant field in the North Sea.“We have together with our supplier Saipem succeeded in laying the oil pipeline to Johan Sverdrup without any serious incidents. It has been a significant operation, involving more than 600

Photo: Saipem S.p.A.

Saipem Wins $700 Mln Worth of Offshore Contracts

Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza development offshore Guyana.These contracts, assigned by Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil, as the project operator, are in addition to those awarded to Saipem in 2017 for Liza Phase 1.Following engineering and subject to requisite government approvals, project sanction from the joint venture and an authorization to proceed with the next phase, Saipem will then perform detailed engineering, procurement, construction, and installation of the risers, flowlines, and associated

(Photo: Subsea 7)

Saipem, Subsea 7 Discussed Tie Up a Few Years Ago

Italian oil services company Saipem was in talks with rival Subsea 7 several years ago over a possible tie up but negotiations fell through, the group's CEO said on Wednesday."Some 3-4 years ago, before I became CEO there were contacts and talks that did not work out," Stefano Cao said on a call on second quarter results.Cao said there was nothing in this direction today.(Reporting by Stephen Jewkes, editing by Giulia Segreti)

Saab Seaeye’s Sabertooth hybrid ROV/AUV (Photo: Saab)

Unmanned Vehicles May Soon Take Up Residency Subsea

, developed the FlatFish AUV, with the help of German research institute DFKI and Brazilian research organisations. It is an inspection and survey vehicle which was aimed at being able to be launched from a floating production platform or docked subsea. (read more in November/December 2016 MTR). In March, Saipem and Shell agreed to work together to commercialise the FlatFish.There is now increasing interest from other operatots. Since 2016, Norwegian oil and gas operator Statoil has been investing in programs to trial subsea resident vehicles, initially using existing electric ROVs. The operator is taking

File Image: A Subsea 7 offshore support vessel. CREDIT: Subsea 7

Subsea 7: Offer Could Change if McDermott Cooperates

synergies, Subsea could increase its offer to a least $10 a share, but it can't do that without more information from McDermott. Subsea repeated on Wednesday its proposal was subject to the termination of McDermott's planned transaction with CB&I. Italian oil services group Saipem, which competes with Subsea in providing undersea solutions for oil and gas firms, has said the bid for McDermott is a sign of industry consolidation that has to be monitored closely. The move comes after Schlumberger and Subsea started talks earlier this year to form a joint venture to deliver

File Image: A Subsea 7 offshore support vessel. CREDIT: Subsea 7

Subsea 7 Makes Hostile Bid for McDermott

company's agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I).The deal could make Oslo-listed Subsea 7 the market leader in supplying and installing subsea equipment for oil and gas firms with a combined market share of 24 percent, followed by TechnipFMC with 20 percent and Saipem with 15 percent, an Oslo-based consultancy, Rystad Energy, said.The flurry of M&A activity comes as oil prices have risen to more than $70 a barrel, lifting the need for offshore services and the appetite for offshore investments.It follows a tough period when the oil services industry was hit

Saipem CEO Could Be Reappointed in May

The main shareholders of Italy's Saipem indicated on Thursday they would support the reappointment of Stefano Cao as chief executive of the oil service company.   State lender Cassa Depositi e Prestiti (CDP) and oil major Eni, who jointly control Saipem, included Cao's name in the slate of directors they will propose at a shareholder meeting in May.   Cao's name was second in the list, a position which traditionally indicates the name of the potential CEO.   Saipem shares have fallen more than 80 percent in the last three years as the sector continues to suffer from lower spending

Marine Technology Magazine Cover Jun 2019 - Hydrographic Survey: Single & Multibeam Sonar

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