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Last updated on April 20, 2014 at 8:28 EDT

Latest Subsea Stories

2013-06-20 16:22:30

HOUSTON, June 20, 2013 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announced today that it has entered into a three-year charter for use of the Normand Flower, a multi-service subsea support vessel owned by Solstad Offshore ASA. The charter term is expected to commence during the fourth quarter of 2013 upon arrival of the vessel for work in the Gulf of Mexico (GOM). Prior to commencement of the charter, the Normand Flower will undergo modifications to enhance its project...

2013-06-17 12:24:17

DALLAS, June 17, 2013 /PRNewswire/ -- 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", defines and segments the Global Market with analysis and forecast of the global revenue. Subsea Power Grid Market will grow from an estimated $1,196.6 million in 2013 to $2,365.1 million by 2018, with a...

2013-06-12 12:23:52

JAKARTA, Indonesia, June 12, 2013 /PRNewswire/ -- Continental Energy Corporation (OTCQB: CPPXF) (the "Company") an emerging international energy company, today announced that it has acquired a 51% shareholding stake in Visionaire Energy AS ("Visionaire"), a privately held Norwegian company. The acquisition was accomplished by an arms-length, non-cash, share-swap transaction with the shareholders of Visionaire. The Company is issuing 20 million of its common shares, representing a stake of...

2013-06-06 23:38:01

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) June 05, 2013 The report "Power Grid System Market in Subsea, By Offshore Power (Captive Generation, Wind Power, Others), Components (Cables, Variable Speed Drives, Transformers, Switch gears & Others), and Geography - Global Trends & Forecast To 2018.”...

2013-06-06 23:34:41

Improving the Safety and Efficiency of Deepwater Production and Exploration New York, NY (PRWEB) June 05, 2013 Oil and Gas IQ has just announced the date of its inaugural SURF Technologies Summit scheduled for August 27-28, 2013 in Houston, TX. Oil and Gas IQ´s SURF Technologies 2013 is a forum on the latest subsea production technology, projects, and research. The major shift away from landside drilling is leading to exciting new possibilities in offshore exploration and production....

2013-06-05 08:23:01

HOUSTON, June 5, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Shell for subsea equipment for its portfolio of projects in the Gulf of Mexico. The scope of supply includes 12 enhanced vertical deepwater trees and controls. "FMC Technologies has been supporting Shell's subsea requirements for nearly two decades," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "We are pleased to provide them with...

2013-06-04 23:19:07

Mactech Offshore, a leading provider of subsea and offshore machining solutions, has recently received patent-pending status on its Articulating Diamond Wire Saw. The saw is designed for subsea and topside cutting of a variety of materials and projects in the offshore oil industry and utilizes an articulating cutting arm for minimal clearance during cuts. Broussard, Louisiana (PRWEB) June 04, 2013 “The Articulating Diamond Wire Saw has recently emerged as the game changer in the...

2013-06-04 08:22:33

HOUSTON, June 4, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received orders from Anadarko Petroleum Corporation (NYSE: APC) for subsea equipment for its Heidelberg field. The Heidelberg field is located in the Green Canyon section of the Gulf of Mexico in 5,310 feet (1,618 meters) of water. FMC Technologies' scope of supply includes five enhanced horizontal subsea trees, tree mounted controls, two manifolds and other associated tooling and...

2013-05-29 08:24:15

HOUSTON, May 29, 2013 /PRNewswire/ -- Deep Down, Inc. (the "Company") (OTCQX: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services today announced that Randolph W. Warner has joined its Board of Directors, effective May 28, 2013. (Logo: http://photos.prnewswire.com/prnh/20121204/LA23242LOGO) Mr. Warner has joined the Board as an independent director and was appointed Chairman of the Audit Committee of...

2013-05-23 08:21:56

HOUSTON, May 23, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Shell for the supply of subsea equipment to support the Stones field development. Stones is an ultra deepwater project located in the Walker Ridge area of the Gulf of Mexico, approximately 200 miles (322 kilometers) off the Louisiana coast in approximately 9,600 feet (2,926 meters) of water. FMC Technologies' scope of supply includes eight subsea trees, a subsea...