Subsea (technology)

Subsea Environmental Services Closes a $31 Million Capital Partnership with Orion Infrastructure Capital

Retrieved on: 
Wednesday, November 2, 2022
Technology, Professional Services, Maritime, Transport, Recycling, Telecommunications, Asset Management, Green Technology, Environment, Finance, Sustainability, Benchmark, Growth, Telecommunication, Water, Partnership, Ecosystem, LLC, Agriculture, Transport, International Cable Protection Committee, Compliance, Company, OOS, EF Hutton, ICPC, OIC, Environment, Recycling, Renewable energy, Subsea (technology)

Subsea Environmental Services (Subsea or the Company), a subsea telecom services and recycling company, has announced a strategic partnership with Orion Infrastructure Capital (OIC).

Key Points: 
  • Subsea Environmental Services (Subsea or the Company), a subsea telecom services and recycling company, has announced a strategic partnership with Orion Infrastructure Capital (OIC).
  • Since commencing marine operations in 2014, Subsea has recovered over 40,000 kilometers of OOS cable from the seabed.
  • In addition to recovering and recycling its own deep-water submarine cables, Subsea also provides shore-end decommissioning and logistics services to the telecoms industry.
  • This partnership aligns with OICs strategy to provide flexible capital to growing companies that support sustainable infrastructure and resource recovery.

Aker Solutions ASA: Third-Quarter Results 2022

Retrieved on: 
Tuesday, October 25, 2022
Scottish Power, Time, Sale, Subsea (technology), FEED, Aker Solutions, Solution, Schlumberger, HVDC, Siemens Energy, JV, NOK, Industry, EBITDA, USD, Ownership, Renewable energy, Video game, Cryptocurrency

In the third quarter, Aker Solutions announced an agreement to form a joint venture by bringing together the complementary subsea businesses of Aker Solutions and Schlumberger.

Key Points: 
  • In the third quarter, Aker Solutions announced an agreement to form a joint venture by bringing together the complementary subsea businesses of Aker Solutions and Schlumberger.
  • During the first three quarters of 2022, Aker Solutions has successfully recruited around 2,300 new skilled employees globally.
  • In the second quarter 2022 presentation, Aker Solutions announced the award of an undisclosed contract due to contractual obligations at the time.
  • The high ongoing FEED work and tendering activity supports the potential for record-high order intake in 2022 for Aker Solutions.

Aker Solutions ASA: Third-Quarter Results 2022

Retrieved on: 
Tuesday, October 25, 2022
Scottish Power, Time, Sale, Subsea (technology), FEED, Aker Solutions, Solution, Schlumberger, HVDC, Siemens Energy, JV, NOK, Industry, EBITDA, USD, Ownership, Renewable energy, Video game, Cryptocurrency

In the third quarter, Aker Solutions announced an agreement to form a joint venture by bringing together the complementary subsea businesses of Aker Solutions and Schlumberger.

Key Points: 
  • In the third quarter, Aker Solutions announced an agreement to form a joint venture by bringing together the complementary subsea businesses of Aker Solutions and Schlumberger.
  • During the first three quarters of 2022, Aker Solutions has successfully recruited around 2,300 new skilled employees globally.
  • In the second quarter 2022 presentation, Aker Solutions announced the award of an undisclosed contract due to contractual obligations at the time.
  • The high ongoing FEED work and tendering activity supports the potential for record-high order intake in 2022 for Aker Solutions.

Aker Solutions, Schlumberger and Subsea 7 Create Joint Venture

Retrieved on: 
Tuesday, August 30, 2022
Partnership, Aker Solutions, Board of directors, Technology, Solution, Subsea (technology), Engineering, Communication, Subsea 7, Sale, Ownership, USD, Board, Overalls, Policy, Joint venture, Economics, JV, Aize, CO2, NOK, Cognitive assets, Industry, Cryptocurrency, Airline, Renewable energy, Schlumberger

"This joint venture will bring together world-class businesses that are uniquely positioned to provide subsea technologies to help our customers improve recovery and reduce overall subsea development costs," said Schlumberger Chief Executive Officer Olivier Le Peuch.

Key Points: 
  • "This joint venture will bring together world-class businesses that are uniquely positioned to provide subsea technologies to help our customers improve recovery and reduce overall subsea development costs," said Schlumberger Chief Executive Officer Olivier Le Peuch.
  • The offshore market activity is increasing, and this joint venture will drive enhanced offerings both in terms of subsea production economics and low-carbon solutions," said Kjetel Digre, Chief Executive Officer of Aker Solutions.
  • This new joint venture is a critical step as we collaborate on the integrated subsea projects that drive maximum value for our customers," commented John Evans, Subsea 7 Chief Executive Officer.
  • Torbjorn Andersen, Vice President of External Communications, Aker Solutions
    Josh Byerly - Vice President of Communications, Schlumberger
    Moira Duff - Director of External Communication, Schlumberger

Aker Solutions, Schlumberger and Subsea 7 Create Joint Venture

Retrieved on: 
Tuesday, August 30, 2022
Partnership, Aker Solutions, Board of directors, Technology, Solution, Subsea (technology), Engineering, Communication, Subsea 7, Sale, Ownership, USD, Board, Overalls, Policy, Joint venture, Economics, JV, Aize, CO2, NOK, Cognitive assets, Industry, Cryptocurrency, Airline, Renewable energy, Schlumberger

"This joint venture will bring together world-class businesses that are uniquely positioned to provide subsea technologies to help our customers improve recovery and reduce overall subsea development costs," said Schlumberger Chief Executive Officer Olivier Le Peuch.

Key Points: 
  • "This joint venture will bring together world-class businesses that are uniquely positioned to provide subsea technologies to help our customers improve recovery and reduce overall subsea development costs," said Schlumberger Chief Executive Officer Olivier Le Peuch.
  • The offshore market activity is increasing, and this joint venture will drive enhanced offerings both in terms of subsea production economics and low-carbon solutions," said Kjetel Digre, Chief Executive Officer of Aker Solutions.
  • This new joint venture is a critical step as we collaborate on the integrated subsea projects that drive maximum value for our customers," commented John Evans, Subsea 7 Chief Executive Officer.
  • Torbjorn Andersen, Vice President of External Communications, Aker Solutions
    Josh Byerly - Vice President of Communications, Schlumberger
    Moira Duff - Director of External Communication, Schlumberger

Aker ASA and Schlumberger Deepening Long-Term Collaboration

Retrieved on: 
Tuesday, August 30, 2022
Aker Solutions, Technology, Solution, Engineering, Communication, Subsea 7, USD, Overalls, JV, Aize, Cognitive assets, Efficiency, Renewable energy, Cryptocurrency, Subsea (technology), Schlumberger

FORNEBU, Norway, Aug. 30, 2022 /PRNewswire/ --Aker ASA ("Aker") announced today a deepening of its long-term collaboration with Schlumberger.

Key Points: 
  • FORNEBU, Norway, Aug. 30, 2022 /PRNewswire/ --Aker ASA ("Aker") announced today a deepening of its long-term collaboration with Schlumberger.
  • Aker Solutions, Schlumberger and Subsea 7 are complementary businesses, both in terms of products and services, as well as customers and geographical presence.
  • Furthermore, Schlumberger shares our commitment to innovation, such as deploying digital solutions and decarbonization technologies," said yvind Eriksen, President and Chief Executive Officer of Aker ASA.
  • Torbjrn Andersen, Vice President of External Communications, Aker Solutions
    Josh Byerly Vice President of Communications, Schlumberger
    Moira Duff Director of External Communication, Schlumberger

Technip Energies, Subsea 7 and Samkang M&T to Perform FEED for Gray Whale 3 Floating Offshore Wind Project in South Korea

Retrieved on: 
Wednesday, August 17, 2022
Oil, Gas, Alternative Energy, Manufacturing, Energy, Engineering, Carbon, Wind, Electric Bond and Share Company v. Securities and Exchange Commission, Risk, Industry, Forward-looking statement, SEC filing, Form, Technology, ISIN, Hydrogen, Knowledge, Energy, Life, Engineering & Technology, Front-end engineering, FEED, CO2, IAC, Watt, U.S. Securities and Exchange Commission, Grey, Liquefied natural gas, Subsea (technology), Solution, Complementarity, Subsea 7, Renewable energy, Construction, Risk management, LNG

Technip Energies (Paris:TE) (ISIN:NL0014559478), in consortium with Subsea 7 and Samkang M&T has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea.

Key Points: 
  • Technip Energies (Paris:TE) (ISIN:NL0014559478), in consortium with Subsea 7 and Samkang M&T has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea.
  • The FEED contract covers engineering for floater, mooring, and inter-array cable (IAC) in collaboration with a wind turbine supplier.
  • Laure Mandrou, SVP Carbon Free Solutions at Technip Energies, commented: We are glad to have been selected, together with Subsea 7 and Samkang, to perform the FEED of this important offshore wind project.
  • Philippe Gleize, VP Floating Wind, at Subsea 7 said: The Gray Whale 3 Offshore Windfarm project represents an exciting opportunity for Subsea 7 and furthers our involvement in the floating wind market in South Korea.

Hunting to Supply Titanium Stress Joints for Gulf of Mexico Project

Retrieved on: 
Tuesday, August 16, 2022
Other Energy, Utilities, Oil, Gas, Manufacturing, Energy, Other Manufacturing, Steel, Gulf of Mexico, Hunting plc, United Kingdom, Shenandoah, PLC, Subsea (technology), GOM, London Stock Exchange, Beacon, Weapon

Hunting PLC, the international energy services group, today announced that it has been contracted to provide titanium stress joints through multiple EPC Contractors for Beacon Offshore Energys Shenandoah development in the Gulf of Mexico.

Key Points: 
  • Hunting PLC, the international energy services group, today announced that it has been contracted to provide titanium stress joints through multiple EPC Contractors for Beacon Offshore Energys Shenandoah development in the Gulf of Mexico.
  • Hunting will provide (2) 10.75 Titanium Grade 29 Stress Joints utilized for Production, (1) 16 Titanium Grade 23 Stress Joint for Gas Export, and (1) 18 Titanium Grade 23 Stress Joint for Oil Export.
  • Hunting is extremely excited to provide this scope for the Shenandoah development.
  • For more information regarding Huntings titanium stress joints and their Subsea Technologies offerings, visit http://www.hunting-intl.com/subsea-technologies .

Kosmos Energy Awards Schlumberger Integrated Subsea Boosting System Contract

Retrieved on: 
Tuesday, July 26, 2022
Technology, Engineering, Manufacturing, Oil, Gas, Other Transport, Other Construction & Property, Energy, Maritime, Construction & Property, Transport, Environment, Software, Green Technology, Data Management, OneSubsea, Time, SLB, Subsea production system, U.S. Securities and Exchange Commission, Subsea (technology), EPCI, Kosmos Energy, NYSE, Odd job, 8-K, Intention, Risk, Form 10-K, Economics, Subsea 7, Gulf of Mexico, Technology, CO2, Engineering, LLC, Renewable energy, Risk management, Schlumberger

Through the EPCI contract, OneSubsea, the subsea technologies, production, and processing systems business of Schlumberger, will supply a subsea multiphase boosting system, topside equipment, and a 16-mile integrated power and control umbilical.

Key Points: 
  • Through the EPCI contract, OneSubsea, the subsea technologies, production, and processing systems business of Schlumberger, will supply a subsea multiphase boosting system, topside equipment, and a 16-mile integrated power and control umbilical.
  • We are delighted to be working with Kosmos Energy on the successful long-term development of the Odd Job field, said Don Sweet, director, Subsea Production Systems.
  • The system will be tied back to the existing facility, thereby achieving significant cost and energy savings, as well as reducing CO2 emissions, all while improving Kosmos Energys ultimate recovery.
  • As one team, Subsea Integration Alliance amplifies subsea performance by helping customers to select, design, deliver and operate the smartest subsea projects.

TechnipFMC Awarded Integrated FEED (iFEED™) Contract by Equinor for BM-C-33 Project in Brazil

Retrieved on: 
Tuesday, July 5, 2022
Technology, Maritime, Engineering, Transport, Oil, Gas, Manufacturing, Software, Energy, Electronic Design Automation, Carbon, Intention, Construction, Letter, FTI, Industry, Economics, U.S. Securities and Exchange Commission, Subsea (technology), AnadoluJet, Technology, Front-end loading, NYSE, FID, Culture, Risk, FEED, Nature, Renewable energy, Risk management, TechnipFMC, Equinor

TechnipFMC (NYSE: FTI) has signed a Letter of Intent with Equinor Energy do Brazil Ltda., a subsidiary of Equinor ASA (Equinor), for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil.

Key Points: 
  • TechnipFMC (NYSE: FTI) has signed a Letter of Intent with Equinor Energy do Brazil Ltda., a subsidiary of Equinor ASA (Equinor), for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil.
  • The FEED study includes an option to proceed with a direct award to TechnipFMC for the integrated Engineering, Procurement, Construction and Installation (iEPCI) phase of the project.
  • Jonathan Landes, President, Subsea at TechnipFMC, commented: We are excited about this iFEED award, which demonstrates our collaborative relationship with Equinor and their continued confidence in our technologies and integrated approach.
  • This integrated project will be the first time Equinor uses our Subsea 2.0 configure-to-order production systems, of which were seeing increased customer adoption.