Uptick for Subsea Tree Installs Coming
point for the industry. Bjørvik says that in 2022-2023, close to 400 trees will be been installed. According to Rystad’s analysis, these projects would still be robust at $50/bbl, but not if it dropped to $40/bbl. Going forward, about 300 tree installations a year are expected.SURF (subsea umbilicals, risers and flowlines)An increasing number of subsea tiebacks is also driving the SURF market, but again it’s also about scaled-down and accelerated projects, but also trend towards tiebacks to shore and further offshore projects, says Bjørvik. There are also increasing numbers of
Subsea Integration Alliance in Bacalhau Field SURF Award
are starting now, with an option for the execution phase under a lump-sum turnkey set-up which includes engineering, procurement, construction and installation for the entire SURF and SPS scope. The development will include 19 wells, approximately 130 km of rigid risers and flowlines and 35 km of umbilicals. Furthermore, Subsea Integration Alliance will be responsible for the subsequent life of field support. The value of the EPCI contract will only be recognized by Subsea 7 in its order backlog after FID and will represent a major project award. Subsea 7 defines a major contract as being over
Subsea 7 Wins 'Very Large' Sangomar Contract
for Subsea Integration Alliance covers the engineering, procurement, construction, transportation and installation of the SURF system and associated subsea production systems (SPS). The development will include 23 wells, 107 km of rigid flowlines, 28 km of flexible risers and jumpers, and 45 km of umbilicals in water depths between 700 meters and 1400 meters.Subsea 7 said that the contract was very large. For Subsea 7 this means the contract value is between $500 million and $750 million. This value range refers to Subsea 7’s share of the consortium contract. The value range for One Subsea
Aker Solutions, Subsea 7 Win Ærfugl Subsea Scope
;rfugl phase 1.Aker Solutions, which reported its phase 2 contract to be valued at about NOK 700 million ($77 million), said it will deliver the subsea production system, including wellheads, vertical subsea trees, satellite structures, Vectus control systems, a tie-in module and about 30 kilometers of umbilicals.Subsea 7 said its electrically heat traced flowline (EHTF) technology will be used for the 13.5-kilometer tieback from the subsea location to the existing Skarv infrastructure. The company said its portion of the deal is worth between $50 million and $150 million.Both firms also delivered for the
Saipem/Subsea 7 Merger Would Create Subsea Giant
.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 have the world’s largest fleet of subsea installation vessels and be the largest provider of SURF services, with a market share of close to 40%.“In addition, Saipem has a diverse portfolio including large-diameter
Saipem Wins Subsea Contract in Guyana
engineering, procurement, construction and installation (EPCI) of a large subsea production facility. This facility will include approximately 130 kilometers of flowlines, rigid risers, associated terminations and jumpers together with the installation of manifolds, flexible risers, dynamic and static umbilicals and flying leads. Testing and pre-commissioning of the subsea field will follow installation.Before the necessary government approvals and project sanction, the contract award will allow the start of limited activities, namely detailed engineering and procurement.Saipem’s flagship vessels
First Subsea Wins Floating Wind Contract
Floating Offshore Wind Dynamic Bend Stiffener Connector is based upon a joint development between First Subsea and Trelleborg, utilizing established knowledge and expertise from First Subsea on offshore mechanical connection systems and from Trelleborg on dynamic bend protection of flexible pipelines, umbilicals and cables for life of field.Comprising primarily of a diverless subsea connector and a conical polymer bend stiffener, the connector system attaches around the power cable and is pulled into a female receptacle on the floating wind turbine platform. The connection is secured quickly and safely
McDermott to Build SPS for Greater Tortue
McDermott International announced it has been subcontracted to build subsea production system (SPS) for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal."Fabrication for both the SPS and subsea, umbilicals, risers and flowlines (SURF) scope for the Greater Tortue Ahmeyim project will now be undertaken in McDermott's yard in Batam, [Indonesia], which enables a fast-tracked fabrication schedule to be delivered," said Ian Prescott, Senior Vice President for Asia Pacific.McDermott said the contract is worth between $1 million and $50 million, and will be reflected
New Conference for Subsea Umbilical Industry
Subsea UK and the Umbilical Manufacturers Federation (UMF) have joined forces to deliver a conference focusing on the new developments and opportunities which exist in the subsea umbilicals industry.The global subsea umbilicals, risers and flowline market is forecast to be worth more than $6.4 billion by 2021 and the half-day conference, which will take place on Thursday, November 21st, at the Chester Hotel in Aberdeen, will focus on the opportunities which exist in the growing sector. Ahead of the conference, a networking reception will take place at the hotel the night before. A number of
A Seismic Shift Towards Quieter Surveys
the world,” says Feltham.Additional benefits include greater control over the sound energy - being able to create specific signatures, potentially improving imaging and enabling multi-source surveys. No longer using compressed air also means the source isn’t limited by being connected with umbilicals, enabling dispersed source arrays, to cover greater areas.There’s still work to be done, working with environmental regulations in different countries and testing the technology. But, Feltham is positive. “In terms of background anthroprogenic noise, we believe we can significantly
