Schlumberger News

(Image: Norwegian Petroleum Directorate)

Shell to Pick Either Onesubsea or TFMC for Ormen Lange Phase 3

Shell will develop the third phase of its giant Norwegian gas field Ormen Lange with a subsea compression system, the oil major said in a statement on Friday.The company will either choose Schlumberger's Onesubsea or TechnipFMC to do the work, it said, adding that it would take a decision later in 2019. (Reporting by Gwladys Fouche, editing by Terje Solsvik)

Boosting technology from Schlumberger's OneSubsea (File image: Schlumberger)

Schlumberger Sees International Growth in 2019

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019, stoking concerns that a slowdown in activity would hurt oilfield service companies that have struggled to boost prices since the 2014 downturn.Schlumberger, a bellwether for the oilfield services sector, said recent volatility in crude prices has led to more uncertainty in the spending outlook for oil and gas

(Image: Schlumberger)

Subsea Integration Alliance Wins Esso Contract

Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company, and Subsea 7.The work scope includes engineering, procurement, construction and installation of two production wells in a water depth of approximately 45m that will be tied-back to the Longford onshore gas plants. Project management and engineering will be provided by OneSubsea and Subsea 7 from local offices in Perth and Melbourne, Australia. Offshore installati

(Photo: CGG)

Nine US States Seek to Stop Atlantic Seismic Testing

mammals is an important draw for tourists to the states and helps coastal economies.The Department of Commerce declined to comment.Last month the fisheries office of the National Oceanic and Atmospheric Administration, part of the Commerce Department, issued permits to WesternGeco LLC, a subsidiary of Schlumberger Ltd, and CGG to harass, but not kill, marine mammals with air gun blasts in a region of the Atlantic from Delaware to Cape Canaveral, Florida.Jennie Lyons, a spokeswoman at the fisheries office declined to comment on the lawsuit but said the department only authorized harrasment, not outight killing

All-electric actuated subsea boosting system. Image: Schlumberger

Schlumberger Bags Equinor Contract for Subsea Boosting System

Norwegian oil and gas firm Equinor has awarded an engineering, procurement and construction (EPC) contract to OneSubsea, a Schlumberger company.The contract is for the supply of the industry’s first all-electric actuated subsea boosting system for the Vigdis Field in the Norwegian North Sea.The scope of the contract includes a pump station, with a manifold foundation and protective structure; and a pump module, topside equipment, umbilical, and all-electric controls with electric actuation.“We are delighted to be working with Equinor on the successful long-term development of the Vigdis

Vigdis subsea installation (Photo: Andre´ Osmundsen / Equinor)

Vigdis Gets a Boost

also involve some modifications to Snorre A, which receives oil from the Vigdis field, and Snorre B, supplying the new boosting station with power from a new umbilical.The contract for delivering the boosting system, including subsea template and trawling protection, has been awarded to OneSubsea, a Schlumberger company. The contract value is estimated at NOK 700 million ($82.4 million).Engineering will start in December 2018 in Bergen, and the assembly will take place at the company’s plant at Horsøy near Bergen. OneSubsea will use several subcontractors, including Framo Flatøy fabricating

David Lamont (Photo: ROVOP)

ROVOP Names Lamont Non-executive Director

Remotely operated underwater vehicles (ROV) services provider ROVOP announced the appointment of David Lamont as a non-executive director.Lamont has over 35 years of industry experience in the oil and gas sector. After starting his career at Schlumberger where he worked for 18 years, he has held a number of senior management roles, most recently as the CEO of global energy services company Proserv.ROVOP CEO Steven Gray said, “David is a highly respected figure in the international oil and gas industry. He joins us at an exciting time of growth and we are in no doubt that his dynamism and experienc

Magseis Inks MoU with Schlumberger

Norwegian nodal acquisition company Magseis ASA announced Monday it has signed a Memorandum of Understanding (MoU) with Schlumberger's geophysical services product line WesternGeco to offer joint bundled seismic services including ocean-bottom nodes (OBN) acquisition from Magseis and data QC and processing from WesternGeco."We are delighted to partner with WesternGeco to deliver full system services for OBN surveys with a focus on 3D exploration and 4D reservoir monitoring,” said Magseis CEO Per Christian Grytnes. “As market leaders in our respective domains, we will jointly

Early-out Fast-Track Pre-Stack Time Migration showing high-resolution detail of the thick Zambezi Basin sediments and previously unseen faulting geometry in the basement (image courtesy of CGG Multi-Client & New Ventures)

CGG Releases Data from Mozambique Survey

(2017 East Africa Robertson Study), and the Robertson New Ventures Suite of exploration screening tools.“Our comprehensive suite of geoscience products for Mozambique will bring the industry new insight into the hydrocarbon prospectivity of this exciting new exploration area,” said Luc Schlumberger, EVP, Multi-Client & New Ventures, CGG.“The fast-track data has already revealed key details of how the prospective reservoirs of the thick Zambezi Basin sediments are affected by the nearby Beira High. This valuable insight will help exploration companies prepare their strategy for

Image: TGS

Schlumberger, TGS Bags New US Seismic Project

Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico.The project, named Amendment, will comprise acquisition of a 2,350-km2 multiclient seismic survey in the Mississippi Canyon and Atwater Valley protraction areas of the U.S. Gulf of Mexico. This prolific area includes open acreage, existing producing assets and new discoveries.Seismic data will be acquired using Fairfield Geotechnologies 4C nodal acquisition technology with operations expected to commence in Q4

Left to right: Jon Beatty and Greg Hammond (Photo: UTEC)

UTEC Makes Two Key Appointments

joins UTEC Geomarine as managing director and is responsible for its range of geotechnical services, which, when combined with UTEC’s geophysical survey offering, provides a one-stop solution for seabed characterization and sampling. He has more than 25 years of international experience with Schlumberger, having served in technical and management positions spanning reservoir characterization, well construction and completion, and production.Hammond takes on the StarNet business unit director role having been with the business for more than 13 years. During this time, he has been instrumental in

Moog Focal LVEOS Model 430 (Photo: MacArtney)

MacArtney Supplies Moog Focal LVEOS Swivel to FPSO

MacArtney said it has supplied a Low Voltage Electrical Optical Swivel (LVEOS) to Norwegian turret and loading systems provider for intended inclusion into a swivel stack for a floating production, storage and offloading vessel (FPSO).OneSubsea, a Schlumberger company, will supply the Moog Focal LVEOS to the FPSO operating in Block SK10 of the Helang gas field located off the coast of Sarawak, Malaysia.Due for delivery in the mid-fourth quarter of 2018, the Moog Focal model 430 provides a rotating connection for low voltage power, electrical signal and optical cables in a single package. The shaft is

Photo: Schlumberger

Schlumberger Introduces MEMS Gyro Surveying Service

Schlumberger has introduced the GyroSphere MEMS gyro-while-drilling service at Offshore Northern Seas (ONS). The GyroSphere service responds to the needs of E&P companies for a faster and more rugged, gyro-surveying while-drilling tool that increases drilling efficiency and reliability while reducing drilling risks.As the first application of microelectromechanical system (MEMS) technology for gyro surveying while drilling in the oilfield, the GyroSphere sensor performs gyro surveys faster than conventional systems and avoids the need for recalibration between runs. Solid-state technology enables

Shearwater to Buy Schlumberger’s Seismic Business

Norwegian marine geophysical services company Shearwater GeoServices Holding AS has entered into a definitive agreement to acquire the marine seismic acquisition assets and operations of Schlumberger’s geophysical services product line, WesternGeco.The transaction, which remains subject to regulatory approvals and other customary closing conditions, is expected to close in the fourth quarter of 2018.Houston based Schlumberger will receive cash consideration based on an enterprise value of $600 million plus a 15 percent post-closing equity interest in Shearwater. For a limited period, Schlumberger

MTR does not present an “MTR100 Creative Photo” award, but if we did this year’s winner is Houston Mechatronics. Pictured is Houston Mechatronic’s Aquanaut in wet testing earlier this year holding it’s MTR100 ‘trophy’. (Photo: Houston Mechatronics)

MTR100: The Ones to Watch

2014, by former NASA roboticists. The company’s business model is Robotics as a Service (RaaS) – in itself a new concept within the subsea industry – which uses what HMI calls its in-house full stack robotics capabilities. HMI’s first investor was oilfield services giant Schlumberger (2015), while drilling firm Transocean led HMI’s most recent Series B investment (2018), giving some idea of the interest in the firm.HMI’s first splash is the Aquanaut, a subsea service robot that can perform long range yet meaningful in-close manipulation tasks over low bandwidth

CGG Names Baidoukov CFO

of international oil and gas industry experience. He is currently Group CFO at OiLSERV Group, a Middle East and North Africa Oilfield Services company. Prior to this, he was CFO of Maersk Oil US, and Group CFO of Integra Group, a CIS oilfield services company. Baidoukov spent 10 years of his career at Schlumberger in finance positions at the corporate and regional levels.Baidoukov holds an MBA degree from TRIUM Global Executive MBA, a joint program of NYU Stern School of Business, LSE and HEC Paris. He also holds a Master of Science (Honors), Economics degree from the Russian Peoples’ Friendship University

Schlumberger Revenue Misses Estimates

Schlumberger Inc missed analysts' quarterly revenue estimates on Friday, as weakness in its international business overshadowed another strong performance in North America.The Houston-based company, a bellwether for the oilfield services industry, said revenue from its international business dipped 1.4 percent to $5.07 billion. Meanwhile, revenue from North America jumped about 43 percent to $3.14 billion."Despite OPEC's recent decision to increase production, the global supply base continues to weaken," Chief Executive Officer Paal Kibsgaard said, pointing to uncertainty for producers

Marine Technology Magazine Cover Jan 2019 - Underwater Vehicle Annual

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news