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.
The value of the subsea contract by TotalEnergies was not disclosed, but TechnipFMC noted that the company considers a “significant” contract to be worth between $75 million and $250 million.
A bespoke caisson cleaning and inspection tool developed by Nexxis has been deployed for Woodside offshore Australia.
The proposed JV will combine Schlumberger’s and Aker Solutions’ subsea businesses. Meanwhile, Subsea 7 will be an equity partner in the new JV.