Aker Appoints New VP for Subsea Greenfield Projects

Oilfield service provider Aker Solutions reported Tuesday that its UK operation has appointed a new vice president to lead subsea greenfield projects.

Aker said that Bob Shaw's appointment is the latest in a series of new senior management appointments at the firm's subsea business in Aberdeen, Scotland, as the company embarks on the next stage of its growth strategy.

Shaw will lead development of all greenfield projects, focusing on work for key clients who include Statoil, Petrobras, Total, Dana Petroleum and ENI.

Aker Solutions UK Managing Director Matt Corbin commented in a statement:

“This is a key appointment for our subsea business in the UK. We have won a number of major contracts in recent months and Bob will play an important role in realizing our strategy as we look to capitalize on further opportunities going forward."

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Technip Scores Subsea Tieback Work for South White Rose

Technip was awarded by Husky Oil Operations two contracts, with a combined substantial value, for the planned subsea tieback of the South White Rose Extension field. The field is an extension of the White Rose field, located in the Jeanne d'Arc Basin, approximately 217 miles (350 kilometers) southeast of St. John's, Newfoundland and Labrador, Canada.

The first contract will be executed in 2013 and will include the supply and installation of gas injection flowlines, umbilicals and subsea structures.

The second contract will take place in 2014 and will cover the supply and installation of flowlines and subsea structures to support oil production and water injection.

Technip's operating center in St. John's will perform the management and engineering of both projects, with various materials and equipment being supplied from within the Group and local supply chain.

Knut Boe, Senior Vice President of Technip's North Sea-Canada Region, commented: “These two awards reinforce Technip's continuous involvement in Atlantic Canada's offshore oil and gas projects. They also mark a new step in the relationship between Technip and Husky Oil Operations, for whom we successfully completed the subsea production system contract for the White Rose field development in 2005.”

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Huntington Subsea Preps Complete

Norwegian Energy Company (Noreco) reported Tuesday that all subsea preparations have been completed an final commissioning activities are now taking place at the Huntington field development in the UK sector of the North Sea.

Noreco said that during recent weeks there had been some delays in the project due to weather conditions and technical work that had taken longer than planned. But the firm added that first oil is expected during the first half of April.

After a ramp-up period, the field is expected to produce approximately 6,000 barrels of oil equivalent per day net to Noreco, it added.

Noreco has a 20-percent interest in the Huntington field, which is operated by E.ON Exploration & Production.

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Huntington Subsea Preps Complete

Norwegian Energy Company (Noreco) reported Tuesday that all subsea preparations have been completed an final commissioning activities are now taking place at the Huntington field development in the UK sector of the North Sea.

Noreco said that during recent weeks there had been some delays in the project due to weather conditions and technical work that had taken longer than planned. But the firm added that first oil is expected during the first half of April.

After a ramp-up period, the field is expected to produce approximately 6,000 barrels of oil equivalent per day net to Noreco, it added.

Noreco has a 20-percent interest in the Huntington field, which is operated by E.ON Exploration & Production.

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Huntington Subsea Preps Complete

Norwegian Energy Company (Noreco) reported Tuesday that all subsea preparations have been completed an final commissioning activities are now taking place at the Huntington field development in the UK sector of the North Sea.

Noreco said that during recent weeks there had been some delays in the project due to weather conditions and technical work that had taken longer than planned. But the firm added that first oil is expected during the first half of April.

After a ramp-up period, the field is expected to produce approximately 6,000 barrels of oil equivalent per day net to Noreco, it added.

Noreco has a 20-percent interest in the Huntington field, which is operated by E.ON Exploration & Production.

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FMC Renews Subsea Agreement with Statoil

FMC Technologies announced Tuesday that it has signed a renewed Framework Agreement with Statoil to provide subsea operations services for its developments on the Norwegian Continental Shelf. The duration of the agreement is five years with options for three additional three-year extensions.

Under the terms of the agreement, previously announced by Statoil, FMC Technologies will continue to provide installation services, asset management, equipment intervention and well access services.

"FMC Technologies has supported Statoil's subsea development efforts for more than two decades," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "This agreement will provide continued life-of-field support for many of Statoil's developments."

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FMC Renews Subsea Agreement with Statoil

FMC Technologies announced Tuesday that it has signed a renewed Framework Agreement with Statoil to provide subsea operations services for its developments on the Norwegian Continental Shelf. The duration of the agreement is five years with options for three additional three-year extensions.

Under the terms of the agreement, previously announced by Statoil, FMC Technologies will continue to provide installation services, asset management, equipment intervention and well access services.

"FMC Technologies has supported Statoil's subsea development efforts for more than two decades," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "This agreement will provide continued life-of-field support for many of Statoil's developments."

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FMC Technologies Bags Petrobras Subsea Work

FMC Technologies, Inc. announced it has received an order from Petrobras for the supply of the first subsea manifold systems for its pre-salt fields, located offshore Brazil. The value of the contract is approximately $130 million in revenue.

This initial award includes three manifolds, tools, spare parts and system integration with subsea controls. The manifolds will be designed with retrievable injection modules to allow water alternated gas injection for up to four wells and will be installed in water depths up to 8,200 feet (2,500 meters). The equipment will be manufactured in Brazil and the development engineering and system integration testing will be conducted at FMC Technologies' Technology Center in Rio de Janeiro. Deliveries are scheduled to commence in 2015.

"The pre-salt fields require customized solutions and we are proud to have been selected by Petrobras to develop and deliver these manifolds," said Tore Halvorsen, FMC Technologies' senior vice president of Subsea Technologies. "We have made significant investments in our Brazilian operations to enable large-scale product manufacturing and the development of new technologies that comply with local content requirements."

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FMC Technologies Bags Petrobras Subsea Work

FMC Technologies, Inc. announced it has received an order from Petrobras for the supply of the first subsea manifold systems for its pre-salt fields, located offshore Brazil. The value of the contract is approximately $130 million in revenue.

This initial award includes three manifolds, tools, spare parts and system integration with subsea controls. The manifolds will be designed with retrievable injection modules to allow water alternated gas injection for up to four wells and will be installed in water depths up to 8,200 feet (2,500 meters). The equipment will be manufactured in Brazil and the development engineering and system integration testing will be conducted at FMC Technologies' Technology Center in Rio de Janeiro. Deliveries are scheduled to commence in 2015.

"The pre-salt fields require customized solutions and we are proud to have been selected by Petrobras to develop and deliver these manifolds," said Tore Halvorsen, FMC Technologies' senior vice president of Subsea Technologies. "We have made significant investments in our Brazilian operations to enable large-scale product manufacturing and the development of new technologies that comply with local content requirements."

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BP Hands Mad Dog Subsea Deal to FMC Technologies

FMC Technologies Inc. and BP plc have inked a deal for the manufacture and supply of subsea equipment to for the Mad Dog Phase Two field development in the Gulf of Mexico.

FMC will supply subsea trees, manifolds and jumper equipment.

"Mad Dog Phase 2 is the first project awarded under our global agreement with BP to provide technologies and services for their worldwide subsea development projects," said Tore Halvorsen, FMC Technologies' senior vice president of Subsea Technologies, in a released statement. "We have a long history of supporting BP's global offshore technology requirements, and today's announcement expands our support of their Gulf of Mexico projects."

Discovered in December 1998, Mad Dog is currently being extended through a second phase of development. The project includes developing 33 wet wells, 19 production and 14 injection wells connecting to a Spar floating platform system with infield flow lines and associated subsea infrastructure. The project will then link in to the existing Mardi Gras system.

Mad Dog Phase Two is located near Green Canyon Block 825, 150 miles south of New Orleans in about 5,100 feet of water.

With more than 10 years of journalism experience, Robin Dupre specializes in the offshore sector of the oil and gas industry. Email Robin at rdupre@rigzone.com.

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BP Hands Mad Dog Subsea Deal to FMC Technologies

FMC Technologies Inc. and BP plc have inked a deal for the manufacture and supply of subsea equipment to for the Mad Dog Phase Two field development in the Gulf of Mexico.

FMC will supply subsea trees, manifolds and jumper equipment.

"Mad Dog Phase 2 is the first project awarded under our global agreement with BP to provide technologies and services for their worldwide subsea development projects," said Tore Halvorsen, FMC Technologies' senior vice president of Subsea Technologies, in a released statement. "We have a long history of supporting BP's global offshore technology requirements, and today's announcement expands our support of their Gulf of Mexico projects."

Discovered in December 1998, Mad Dog is currently being extended through a second phase of development. The project includes developing 33 wet wells, 19 production and 14 injection wells connecting to a Spar floating platform system with infield flow lines and associated subsea infrastructure. The project will then link in to the existing Mardi Gras system.

Mad Dog Phase Two is located near Green Canyon Block 825, 150 miles south of New Orleans in about 5,100 feet of water.

With more than 10 years of journalism experience, Robin Dupre specializes in the offshore sector of the oil and gas industry. Email Robin at rdupre@rigzone.com.

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FMC Technologies Pens Subsea Services Deal for Jubilee Field

FMC Technologies, Inc. announced Wednesday that it has signed a five-year agreement with Tullow Ghana Ltd. to provide subsea services for its developments in the Jubilee field.

Under the terms of the agreement, FMC Technologies will support Tullow Ghana's completions and production operations for the Jubilee field from its Subsea Service Base in Takoradi, Ghana. FMC Technologies will provide offshore and onshore technical services, including maintenance, refurbishment, and inspection on FMC Technologies supplied equipment and tooling.

"FMC Technologies has supported Tullow Ghana's development of the Jubilee field for several years," said Tore Halvorsen, FMC Technologies' senior vice president of Subsea Technologies. "This agreement will provide life-of-field support for this important development."

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Expro Bags Subsea Services Gig in China

Expro has been awarded a $4.5 million (GBP 2.9 million) one year contract for the supply of 7 3/8" completion landing string services in China. This contract will enable Expro to capitalise on an emerging and highly lucrative deepwater market, which is set for major growth over the next five years.

Work will commence this month and as part of the contract, Expro will supply a 7 3/8" 10k direct hydraulic (DH) completion landing string system and a set of topside and DH controls. This will be the latest DH operation in China following previous successful campaigns on other horizontal tree developments.

Subsea Sales Director Graham Cheyne said, "The South China Sea deepwater market is crucial for our growth strategy going forward and the contract win further enhances our presence in China. The opening of our new base in the Shekou industrial zone positions us perfectly to provide our customers in China with high quality service offshore and onshore.

"Our investment in technology innovation and infrastructure in China, coupled with the dedication to ongoing training and personal development, means we are well positioned to provide bespoke engineering solutions to our China customer base."

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Expro Bags Subsea Services Gig in China

Expro has been awarded a $4.5 million (GBP 2.9 million) one year contract for the supply of 7 3/8" completion landing string services in China. This contract will enable Expro to capitalise on an emerging and highly lucrative deepwater market, which is set for major growth over the next five years.

Work will commence this month and as part of the contract, Expro will supply a 7 3/8" 10k direct hydraulic (DH) completion landing string system and a set of topside and DH controls. This will be the latest DH operation in China following previous successful campaigns on other horizontal tree developments.

Subsea Sales Director Graham Cheyne said, "The South China Sea deepwater market is crucial for our growth strategy going forward and the contract win further enhances our presence in China. The opening of our new base in the Shekou industrial zone positions us perfectly to provide our customers in China with high quality service offshore and onshore.

"Our investment in technology innovation and infrastructure in China, coupled with the dedication to ongoing training and personal development, means we are well positioned to provide bespoke engineering solutions to our China customer base."

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Fugro Chance, CODA Join Forces in Subsea Imagery

Fugro Chance Inc. and Coda Octopus Group Inc. (CODA) have entered into a Cooperation Agreement for two years to take advantage of Coda Octopus Echoscope; a patented 3D sonar technology. This relationship will give CODA early access to real-world requirements associated with Fugro Chance projects. Having access to the myriad of data acquired by Fugro will enable CODA to utilize the Echoscope in a variety of applications and challenges, thus maintaining a cutting edge in sonar technology. In return, Fugro will have the advantage of working with CODA to develop tailored solutions for their clients' subsea imagery deliverables.

Coda Echoscope Dual Frequency 3D Sonar is a unique sonar device using phased array technology. It generates over 16,000 beams simultaneously, producing instantaneous, three-dimensional sonar images of both moving and stationary objects and enabling extremely rapid reconnaissance and inspection.

Fugro Chance has proven field success in project time and cost savings as well as operational benefits from using this technology.

Fugro Chance Data Manager Tony Gray commented, "There is a world of possibilities with this 3D technology; be it installing platform legs subsea, seabed clearance surveys or even close-proximity subsea structure point cloud acquisition. Echoscope is a resourceful tool that can be used in subsea projects where time, risk and depth are all critical factors to visualization and measurement."

The two companies will work together on joint developments of new applications for meeting Fugro Chance requirements in data visualization and processing. In addition, Fugro Chance will gain market advantage from training opportunities provided by CODA as well as project support.

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Subsea 7 Says Tendering Levels Remain Strong

International oilfield services firm Subsea 7 said Thursday that levels of tendering remain strong across its markets and that it remains positive about medium and long-term market prospects.

Reporting its fourth quarter results for 2012, Subsea 7 said that despite the strong tender levels delays in project awards and supply chain bottlenecks will temper the firm's rate of progress in 2013. However, it expects both revenue and profit at the EBITDA level to show some progress during the year.

For 2012 Subsea 7 reported a 15-percent increase in its revenue to $6.3 billion, compared with 2011. Adjusted EBITDA for the year came in 13.6-percent greater at $1.1 billion. For 4Q 2012, the firm reported 13.7-percent increase in revenue to $1.6 billion, with EBITDA improving to $270 million (4Q 2011: $227 million).

Subsea 7 warned that its West Africa business will see a period of lower offshore activity in 2013 as operations on SURF (subsea umbilicals, risers and flowlines) contracts awarded in the second half of 2012 and early 2013 are projected to start in 2014.

However, Subsea 7 said that it sees increased tendering in the Gulf of Mexico and strong tendering in both the North Sea and the Norwegian Sea. The firm added that in Brazul demand from Petrobras for flexible pipelay vessels remains strong, while it also recently won its first contract in Mexico – which will require the deployment of its Seven Borealis vessel.

Subsea 7 CEO Jean Cahuzac commented in a statement:

"2012 was another year of significant achievement for Subsea 7. We have delivered strong financial results in line with our expectations. We have built a record backlog, exited non-core businesses and successfully completed the integration process following the Combination in January 2011. Our fleet enhancement program is also on track with the start-up of Seven Borealis in Angola, the ongoing construction of Seven Waves, and the recent order of a new-build diving support vessel for the North Sea.

"Tendering activity increased through the year, in particular in the North Sea, Africa and Brazil, reflecting our clients' ambitious investment plans. We remained disciplined in our bidding approach with a focus on project risk management and profitability, and I am pleased with the quality of our new awards and current level of order in-take."

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com.

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Subsea 7 Says Tendering Levels Remain Strong

International oilfield services firm Subsea 7 said Thursday that levels of tendering remain strong across its markets and that it remains positive about medium and long-term market prospects.

Reporting its fourth quarter results for 2012, Subsea 7 said that despite the strong tender levels delays in project awards and supply chain bottlenecks will temper the firm's rate of progress in 2013. However, it expects both revenue and profit at the EBITDA level to show some progress during the year.

For 2012 Subsea 7 reported a 15-percent increase in its revenue to $6.3 billion, compared with 2011. Adjusted EBITDA for the year came in 13.6-percent greater at $1.1 billion. For 4Q 2012, the firm reported 13.7-percent increase in revenue to $1.6 billion, with EBITDA improving to $270 million (4Q 2011: $227 million).

Subsea 7 warned that its West Africa business will see a period of lower offshore activity in 2013 as operations on SURF (subsea umbilicals, risers and flowlines) contracts awarded in the second half of 2012 and early 2013 are projected to start in 2014.

However, Subsea 7 said that it sees increased tendering in the Gulf of Mexico and strong tendering in both the North Sea and the Norwegian Sea. The firm added that in Brazul demand from Petrobras for flexible pipelay vessels remains strong, while it also recently won its first contract in Mexico – which will require the deployment of its Seven Borealis vessel.

Subsea 7 CEO Jean Cahuzac commented in a statement:

"2012 was another year of significant achievement for Subsea 7. We have delivered strong financial results in line with our expectations. We have built a record backlog, exited non-core businesses and successfully completed the integration process following the Combination in January 2011. Our fleet enhancement program is also on track with the start-up of Seven Borealis in Angola, the ongoing construction of Seven Waves, and the recent order of a new-build diving support vessel for the North Sea.

"Tendering activity increased through the year, in particular in the North Sea, Africa and Brazil, reflecting our clients' ambitious investment plans. We remained disciplined in our bidding approach with a focus on project risk management and profitability, and I am pleased with the quality of our new awards and current level of order in-take."

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com.

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Subsea 7 Says Tendering Levels Remain Strong

International oilfield services firm Subsea 7 said Thursday that levels of tendering remain strong across its markets and that it remains positive about medium and long-term market prospects.

Reporting its fourth quarter results for 2012, Subsea 7 said that despite the strong tender levels delays in project awards and supply chain bottlenecks will temper the firm's rate of progress in 2013. However, it expects both revenue and profit at the EBITDA level to show some progress during the year.

For 2012 Subsea 7 reported a 15-percent increase in its revenue to $6.3 billion, compared with 2011. Adjusted EBITDA for the year came in 13.6-percent greater at $1.1 billion. For 4Q 2012, the firm reported 13.7-percent increase in revenue to $1.6 billion, with EBITDA improving to $270 million (4Q 2011: $227 million).

Subsea 7 warned that its West Africa business will see a period of lower offshore activity in 2013 as operations on SURF (subsea umbilicals, risers and flowlines) contracts awarded in the second half of 2012 and early 2013 are projected to start in 2014.

However, Subsea 7 said that it sees increased tendering in the Gulf of Mexico and strong tendering in both the North Sea and the Norwegian Sea. The firm added that in Brazul demand from Petrobras for flexible pipelay vessels remains strong, while it also recently won its first contract in Mexico – which will require the deployment of its Seven Borealis vessel.

Subsea 7 CEO Jean Cahuzac commented in a statement:

"2012 was another year of significant achievement for Subsea 7. We have delivered strong financial results in line with our expectations. We have built a record backlog, exited non-core businesses and successfully completed the integration process following the Combination in January 2011. Our fleet enhancement program is also on track with the start-up of Seven Borealis in Angola, the ongoing construction of Seven Waves, and the recent order of a new-build diving support vessel for the North Sea.

"Tendering activity increased through the year, in particular in the North Sea, Africa and Brazil, reflecting our clients' ambitious investment plans. We remained disciplined in our bidding approach with a focus on project risk management and profitability, and I am pleased with the quality of our new awards and current level of order in-take."

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com.

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Subsea 7 Scoops Up Petrobras Work Offshore Brazil

Subsea 7 S.A. announced the award of three contracts with a combined value in excess of $300 million from Petrobras.

The scope of work comprises the installation of flexible lines by the Seven Seas, under two lump sum contracts and one day rate contract.

The lump sum contracts encompass the installation of two export flexible Lazy Wave Risers at the Sapinhoa and Lula NE fields in the Santos Pre-Salt Basin in water depths of approximately 6,890 feet (2,100 meters). The day-rate contract encompasses the project management, engineering and installation of Petrobras - supplied flowlines and umbilicals. Operations will commence in 2013.

"We’re proud to be selected by Petrobras to perform these important projects, using our in-depth experience of operating in ultra-deep water. We look forward to supporting Petrobras in future developments," Subsea 7 Senior Vice President for Brazil Victor Bomfim said.

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Cameron Bags $600M Subsea Supply Work

Cameron received an order totaling approximately $600 million for the supply of 47 subsea trees and associated equipment. The deliveries for the equipment, destined for Pre-Salt and Post-Salt areas offshore Brazil, will commence in 2014.

"Cameron welcomes the opportunity to continue to support Petrobras. This order will be supported by the expansion of our manufacturing capabilities in Brazil, completed this quarter," Cameron Chairman, President and Chief Executive Officer Jack B. Moore said.

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