PXGEO Acquires Modus Subsea Services
Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering.Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention drones (UID) based on the Saab Sabertooth platform. The company has also developed and commercialized the industry's first-ever UID subsea residency solution.Residency, where the vehicle remains docked with a subsea docking station for charging and data transfer, aims to provide survey and inspection, maintenan
Nexans and Equinor Cement Partnership with New Agreement
French subsea power cable maker Nexans and energy company Equinor have strengthened their long-term collaboration with a new four-year contingency and preparedness contract.Nexans and Equinor are extending their collaboration through a four-year agreement that includes turnkey repair services for various cable systems.Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members. The agreement covers approximately 3,000 km of cable.To ensure Equinor’s assets’ normal functioning, Nexans will provide its unique expertise of performing
Prysmian Appoints New CEO
Italian cable maker and installation services provider Prysmian has named Massimo Battaini as its new chief executive officer and general manager.The new CEO appointment also marks the entering into force of the new organizational structure, aimed at supporting the company’s strategic plan and value creation, Prysmian said.The new organization, as already announced in December, is composed of four business units — Transmission, Power Grid, Electrification and Digital Solutions — and is aimed at ensuring utmost coverage of the key market trends related to the energy transition and the
ABL Gets Neptun Deep Job for OMV Petrom in Black Sea
OMV Petrom has appointed global energy and marine consultancy ABL to provide Marine Warranty Survey (MWS) services for the construction of Romania’s Neptun Deep gas field project in the Black Sea.ABL’s London operation has won the contract to provide MWS services to review, survey and approve all operations relating to the transportation and installation (T&I) of critical project assets for development of both Domino and Pelican South fields.ABL’s scope of work includes the T&I of the shallow water platform, subsea installation at both fields including a 160 km subsea pipeline
Balmoral Comtec Expands Workforce Following Rosebank Win
Balmoral Comtec, a Balmoral Group company and provider of buoyancy, protection and insulation services to the global offshore energy market, has secured a multi-million-pound contract from TechnipFMC to supply more than 600 buoyancy modules for Equinor’s Rosebank project. This contract award is already supporting the recruitment of over 50 new employees at its Aberdeen base.Balmoral Comtec will provide engineering, design and manufacture of buoyancy modules from its base in Aberdeen, Scotland. The modules will be installed on flexible risers and umbilicals. Gary Yeoman, Sales Director at
Shearwater and Mondaic Enter Strategic Alliance to Optimize Seismic Surveys
Marine seismic acquisition firm Shearwater Geoservices and Mondaic, a provider of proprietary software and services for high-resolution 3D imaging, have entered a strategic collaboration for development and use of full waveform inversion solutions to enhance high-resolution subsurface imaging and optimize seismic acquisition surveys.As part of the agreement, Shearwater has acquired exclusive and perpetual rights for the use and further development for subsurface applications of Mondaic’s wavefield simulation and inversion codes.Furthermore, Shearwater has acquired an equity stake in Mondaic.
Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement
the seabed.This year’s MRS is being held 11-13 June 2024, hosted by the Naval Postgraduate School in Monterey California as an in-person event. There is no cost for registration. A series of keynote addresses and panels led by leading national experts are focused on cooperative efforts among the services, maritime domain awareness, policy imperatives, maritime cyber, assessing risks during great change, and Arctic collaborations. As in previous years, a Coast Guard Evergreen facilitated session for strategic-concept generation is being help immediately afterward.The MRS 2024 program aims to increase
Strohm Reels In ExxonMobil’s Third TCP Deal Offshore Guyana
block. Not only is this our largest award to date, but it also means we will be terminating TCP and supporting ExxonMobil Guyana and its co-venturers for at least the next 5 years under our field service group contract,” said Gavin Leiper, Strohm’s vice president Americas & Global Field Services Group.TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off GuyanaSBM Offshore Hooks ExxonMobil’s Jaguar FPSO ContractSaipem Gets Go-Ahead for ExxonMobil’s Guyana Oil Developmen
TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off Guyana
Oilfield services company TechnipFMC has secured a ‘large contract’ from ExxonMobil to supply subsea production systems for the Whiptail development in Guyana’s Stabroek block.TechnipFMC will provide project management, engineering, and manufacturing to deliver 48 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.For TechnipFMC, a ‘large contract’ is valued between $500 million and $1 billion.“ExxonMobil Guyana will utilize our Subsea 2.0 systems and manifolds, which help provide schedule certainty. We have
February 2024
