Latest Subsea Stories
HOUSTON, Feb. 2, 2012 /PRNewswire/ -- Wright's Well Control Services (WWCS) announces the award of a contract from an operator in the Gulf of Mexico for the surface plug & abandonment of sixteen wells. Work on this project will commence in the first quarter of 2012 and is expected to be completed by the end of June 2012. (Logo: http://photos.prnewswire.com/prnh/20110413/MM83083LOGO) WWCS will use its proprietary custom-engineered equipment for the project including wireline...
HOUSTON, Feb. 1, 2012 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that Maryann T. Seaman, Senior Vice President and Chief Financial Officer, will address attendees at the following event: Event: Credit Suisse 2012 Energy Summit Vail Cascade Resort & Spa 1300 Westhaven Drive Vail, CO 81657 Wednesday, February 8, at 10:10 a.m. EST Presentation: Live webcast and...
HOUSTON, Jan. 31, 2012 /PRNewswire/ -- Deep Down, Inc. (OTCQB: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced it has been awarded multiple contracts for subsea hardware and deployment equipment orders worth in excess of $2.6 million. Two orders were placed by a major controls OEM and the third order placed by an international installation contractor. Deep Down, Inc. will...
HOUSTON, Jan. 30, 2012 /PRNewswire/ -- Hyperdynamics Corporation (NYSE: HDY) today announced it resumed drilling operations on the Sabu-1 exploration well on January 29th in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 2,304 meters subsea. The well is expected to encounter prospective upper Cretaceous sandstone reservoirs while drilling to a total subsea depth of 3,600 meters. Hyperdynamics operates the Guinea concession with a...
DARLINGTON, England, Jan. 23, 2012 /PRNewswire/ -- CTC Marine Projects, Ltd. ("CTC" or the Company), part of DeepOcean Group Holding AS, has announced the completion of its trenching work for the Kipper Tuna Turrum Project in the KTT Field located 45 kilometres offshore Victoria, Australia. The work was undertaken on contract for McDermott Industries (Aust) Pty Ltd. The Company performed trenching of the recently installed hydraulic and electrical umbilicals located in 100 metres...
PARIS, January 23, 2012 /PRNewswire/ -- BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshold JACCAR Holdings SA declared: The Luxembourg company JACCAR Holdings, acting alone, has risen above the 25% threshold...
HAUGESUND, Norway, Jan. 17, 2012 /PRNewswire/ -- DeepOcean AS, part of DeepOcean Group Holding AS, has announced the award of a two year contract valued at approximately $60 million from Petroleo Brasileiro S/A ("Petrobras") E&P Services. The contract includes management, engineering, maintenance and repair of flexible pipelines and electro-hydraulic umbilicals recovered from PETROBAS subsea installations in Brazilian waters. The work will be carried out by DeepOcean's...
HOUSTON, Jan. 16, 2012 /PRNewswire/ -- DeepFlex announced today it has entered into a contract with Petrobras to conduct a qualification testing program on DeepFlex's patented composite flexible fiber reinforced pipe components. This multi-phase, multi-year contract will include over 5,000 individual tests. This contract award demonstrates Petrobras' commitment to qualify DeepFlex's products for offshore applications. Petrobras and DeepFlex have been working in close cooperation...
HOUSTON, Jan. 10, 2012 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Anadarko Petroleum Corporation (NYSE: APC) to provide subsea systems and life-of-field services for its Lucius project. The Lucius field is located approximately 275 miles southeast of Galveston in Keathley Canyon Block 875, in water depths of approximately 7,100 feet (2,160 meters). FMC's scope of supply includes five subsea production trees and two...
HOUSTON, Jan. 9, 2012 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that its Australian subsidiary has signed an agreement with Woodside Energy Ltd. for the design, manufacture and supply of subsea production systems to support the Greater Western Flank (GWF) Phase 1 Project. The contract has a value of approximately $150 million in revenue to FMC Technologies. The GWF Phase 1 Project will develop the Goodwyn GH and Tidepole fields, and represents...
