The subsea sector is highly consolidated with just five players servicing the US$12billion annual requirements of the global exploration and production community. The two largest, FMC and OneSubsea, account for approximately two-thirds of the market but despite this…
OneSubsea and Subsea 7 entered into an agreement to form a non-incorporated alliance to design, develop and deliver integrated subsea development solutions for the oil and gas industry. Image from Subsea 7…
OneSubsea, a Cameron and Schlumberger company, and Chevron USA Inc. agreed to form a joint industry program (JIP) to develop subsea systems technology for 20,000-psi applications. The JIP, known as the 20Ksi Subsea System Development Program…
Aveon Offshore has successfully completed fabrication, supported testing and load-out of subsea equipment for Esso's Erha North Phase 2 project offshore Nigeria. The load out and sail away of the five suction piles, production and…
Saipem awarded Aker Solutions its first order offshore Mexico at the Pemex-operated Lakach deepwater natural gas field. Lakach map. From Pemex. Lakach, Mexico's first subsea gas development with onshore processing facilities…
BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the…
OE’s Audrey Leon spoke with Francisco Nunez, regional sales manager, Latin America, at OneSubsea, about the opening of Mexico’s oil and gas industry and what effects it will have on both OneSubsea and the industry at large. Please explain…
OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…
Helix Energy Solutions Group, OneSubsea, and Schlumberger executed definitive agreements for the companies’ non-incorporated alliance, formed to develop technologies and deliver equipment and services to optimize the value chain of subsea well intervention systems…
FMC Technologies Inc. signed a 10-year global frame agreement with BG Group to supply subsea equipment and services for BG developments worldwide. FMC mentioned the award from BG Group during its earnings call on 22 October 2014. This…
Petroleos Mexicanos (Pemex) awarded the Houston-based, Cameron-Schlumberger joint venture OneSubsea, a US$270 million subsea production systems contract for the Lakach deepwater project offshore Mexico. The Lakach project is the first deepwater subsea field to be developed by Pemex…
OneSubsea – a Cameron and Schlumberger company – Helix Energy Solutions Group, and Schlumberger announced that they have entered into a letter of intent to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems…
John Carne is to retire from his role as CEO of new joint venture OneSubsea on February 28, 2014, it has been announced.John has served as CEO of OneSubsea since the Cameron and Schlumberger joint venture was formed on June 30, 2013. Previously…
OneSubsea is to provide pump systems for the Total Moho Phase 1bis development in the deep water Moho-Bilondo license offshore Congo. The contract includes a multiphase pump station with two 3.5megawatt high-boost pumps, a power and control module…
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