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Last updated on April 19, 2014 at 18:42 EDT

Latest Subsea Stories

2013-08-13 16:22:21

HOUSTON, Aug. 13, 2013 /PRNewswire/ -- Deep Down, Inc. (the "Company") (OTCQX: DPDW), will hold a conference call and webcast on Tuesday, August 20, 2013 to discuss the Company's second quarter 2013 financial results. (Logo: http://photos.prnewswire.com/prnh/20121204/LA23242LOGO) The teleconference will begin at 5:00 Eastern time (4:00 CDT) and will be hosted by Mr. Ron Smith, President and CEO, and Mr. Gene Butler, Executive Chairman and CFO. The related press release was...

2013-08-13 12:25:46

DUBLIN, Ireland, August 13, 2013 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/gfvwt5/world_subsea) has announced the addition of the "World Subsea Hardware Market Report 2012-2016" [http://www.researchandmarkets.com/research/gfvwt5/world_subsea ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) Douglas-Westwood's (DW) first edition of the World Subsea Hardware Market Forecast was...

2013-07-26 08:22:27

HOUSTON, July 26, 2013 /PRNewswire/-- FMC Technologies, Inc. (NYSE: FTI) announced today that it has been awarded a contract by Petrobras (NYSE: PBR, PBRA) to supply three subsea boosting stations for the Parque das Baleias development, located offshore Brazil's Espirito Santo state in the Campos Basin. The contract has an estimated value of $40 million. "The Horizontal Boosting Station for the Parque das Baleias project is FMC Technologies' third implementation of this type of...

2013-07-17 12:22:23

With the latest seismic and drilling technologies, the Cardamom development is expected to deliver new production from the deep waters of the Gulf of Mexico to existing infrastructure THE HAGUE, The Netherlands, July 17, 2013 /PRNewswire/ -- Nearly two decades after setting a world water-depth record for drilling and production, Shell's (NYSE: RDS.A)(NYSE: RDS.B) Auger tension-leg platform is still playing a central and innovative role in the company's deep water Gulf of Mexico...

2013-07-09 04:20:32

Supporting nearly 1 million BOPD additional capacity HOUSTON, July 9, 2013 /PRNewswire/ -- Wood Group's business in the Gulf of Mexico is robust, with annualized revenue in the region totaling more than $550 million. Activity is being driven by three of Wood Group's business units--Wood Group Mustang, Wood Group Kenny and Wood Group PSN--with more than 3,500 personnel providing engineering, operations & maintenance services across the region. (Logo:...

2013-07-04 23:02:52

The report covers the global Power Grid System Market in subsea which includes different components of subsea power grid system, types of power supply sources for subsea power grid system, and other related segments. (PRWEB) July 04, 2013 The report "Power Grid System Market in Subsea, By Offshore Power (Captive Generation, Wind Power, Others), Components (Cables, Variable Speed Drives, Transformers, Switchgears, Others), and Geography - Global Trends & Forecast To 2018”...

2013-07-04 08:20:31

DUBLIN, July 4, 2013 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/74b9vh/subsea_power_grid) has announced the addition of the "Subsea Power Grid System Market: Offshore Power, Components and Geography - Global Trends & Forecast To 2018" [http://www.researchandmarkets.com/research/74b9vh/subsea_power_grid ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) The subsea power grid system...

2013-07-03 08:21:31

HOUSTON, July 3, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Petrobras (NYSE: PBR, PBRA), Brazil's national oil company, for the supply of subsea trees for its pre-salt fields, located offshore Brazil. The value of the award is estimated at $500 million and represents the call-off of the remaining value of the $1.5 billion agreement announced in March of 2012. The order includes 49 subsea trees, tooling, and associated...

2013-06-25 08:22:42

HOUSTON, June 25, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Total Upstream Nigeria Ltd. for subsea equipment for the Egina field. The award has an estimated value of $1.2 billion. The Egina field is located in Block OML 130 offshore Nigeria. FMC Technologies' scope of supply includes subsea trees and wellheads, manifolds, installation tooling, flowline connection systems, and associated control systems. The equipment is...

2013-06-24 08:22:44

OneSubsea targets subsea oil production and recovery HOUSTON, June 24, 2013 /PRNewswire/ -- Cameron and Schlumberger today announced that OneSubsea(TM), a joint venture to manufacture and develop products, systems and services for the subsea oil and gas market, has received all required regulatory approvals. The parties will close the transaction making OneSubsea operational on June 30, 2013. Cameron and Schlumberger have 60/40 ownership of the joint venture, respectively....