The Ballymore subsea tieback is targeting 150 MMboe, with first oil expected in 2025.
After an economic downturn and rough period with COVID-19, the market for subsea tiebacks looks to grow stronger than ever.
Technology companies Greensea and Blue Ring’s partnership helps ROV operators become situationally aware without having to “context switch” from task to task.
Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.
Oceaneering’s new Freedom AUV marks a change in the subsea landscape, a maneuverable autonomous vehicle that reacts to what it finds subsea.
Sembcorp Marine delivered 8th-gen ultra-deepwater drillship, which is expected to open up previously inaccessible resources, to Transocean subsidiary.
Not only does the Baker Hughes all-electric subsea tieback reduce topside footprint, it also reduces capex costs by 15%.
FASTsubsea, a joint venture (JV) between Aker Solutions and Fsubsea, is developing the world’s first topside-less subsea multiphase boosting system expected to help cut costs, save time and reduce CO₂ emissions.
TechnipFMC snagged its second large contract in recent weeks with an engineering, procurement, construction and installation contract from Shell.
Space-age thinking makes it possible to control a subsea robot without an umbilical for subsea oil and gas inspection, maintenance and repair work.