Highlights of the Week

Business & Finance

Subsea World News has put together a recap of the most interesting articles from the previous week (January 23 – January 29).


Oceaneering has been awarded a technology development contract by Statoil.

The contract provides for the development, manufacturing, testing, and mobilization of a self-contained, battery-powered work class remotely operated vehicle (E-ROV) system deployed on the seabed.

 


TechnipFMC has entered into an agreement with Inpex Operations Australia for riserless light well intervention (RLWI) services in the Ichthys field, approximately 220-kilometers offshore of Western Australia, for the Ichthys LNG project.

Under the agreement, TechnipFMC will deploy its deepwater RLWI stack and two Schilling Robotics ROVs, from the Island Performer vessel, to perform riserless well access services on up to 20 subsea wells in the Ichthys field, beginning in 2017.


McDermott has been awarded an offshore pipelay contract in the Middle East.

The pipelay contract includes the engineering, procurement and installation of two oil pipelines offshore. Work on this contract is expected to be completed by the end of the second quarter in 2018.

 


BP informed that it has started up the Thunder Horse South Expansion project in the deepwater Gulf of Mexico 11 months ahead of schedule and $150 million under budget.

The project is expected to boost production at the facility by an estimated 50,000 gross barrels of oil equivalent per day, further increasing output at one of the largest oil fields in the Gulf of Mexico, BP said.

 


Havila Shipping has entered into an agreement with Reach Subsea for use of the subsea vessel Havila Subsea for three years.

The agreement also includes two optional periods, each of one year. Reach will mobilize ROV and survey equipment on board, which constitutes a subsea spread that will be used on projects within IMR, survey, light construction and renewables.