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Tore Halvorsen News

03 Aug 2021

Subsea Mining: All Eyes on Marine Minerals Offshore Norway

In July, Allseas’ ‘Hidden Gem’ heads to Tenerife for drydock modifications ahead of a collector “wet-test” in the Atlantic at the end of 2021 and the official start of pilot mining tests in the Pacific, 1200 nautical miles west of Mexico, in 2022. Photo from Allseas.

Marine minerals are coming under sharp focus offshore Norway. Analysts suggest it could be a $20 billion annual revenue industry by 2050, which is why many are taking an interest and developing the technology to make it happen. Marine mineral mining has been something of a slow burner in the wider marine world. It has some clear challenges, not least location and depth of these potential resources, but also concerns around its environmental impact.Yet it now appears to be coming into a distinctly sharp focus…

10 Jan 2014

Brazil Offshore: Petrobras & Subsea Engineering

Brazil’s Petrobras has been one of the leading players in deepwater, subsea development projects since the turn of the century. These projects include pre-salt and post-salt plays, which require extensive and complex subsea engineering and construction efforts. It would be impossible for Petrobras to develop all of its projects alone, therefore much is done by specialized companies, mostly of foreign origin. “We could not have advanced in this project (pre-salt) conventionally, developing the production individually. We needed a global vision of the projects, starting from a high level plan,” said José Formigli, Petrobras’ Executive Director of E&P, speaking of the primary plan for the development of the pre-salt at the Santos Basin, the Plansal, which was created in 2008.

23 May 2013

FMC Gets Shell Ultra-deep Subsea Equipment Order

FMC Technologies, Inc. to support Shell's ultra-deepwater project in the Walker Ridge area of the Gulf of Mexico. Stones is located 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 manifold, topside and subsea controls and associated equipment. "Deepwater operations in the Gulf of Mexico require advanced capabilities and innovative solutions," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems…

20 May 2013

GofM Subsea Equipment Order for FMC

FMC Technologies receives subsea equipment order for ExxonMobil's Julia Development field. The Julia field is located in the Gulf of Mexico Walker Ridge area in approximately 7,000 feet (2,100 meter) water depth. FMC Technologies' scope of supply includes six subsea trees, a manifold and associated tie-in equipment. "FMC Technologies is pleased to provide ExxonMobil with subsea systems for this offshore project," said Tore Halvorsen , FMC Technologies' Senior Vice President, Subsea Technologies. Houston-based FMC Technologies, Inc. is a leading global provider of technology solutions for the energy industry, with 18,900 employees and operates 30 production facilities in 16 countries.

04 Feb 2013

FMC Win BP Subsea Equipment Contract

FMC Technologies to manufacture and supply subsea equipment for BP's Thunder Horse Field in the Gulf of Mexico. The Thunder Horse oil field is located in the Mississippi Canyon area of the Gulf of Mexico, 150 miles (240 kilometers) southeast of New Orleans in approximately 6,300 feet (1,920 meters) of water. FMC Technologies' scope of supply includes two manifolds and associated controls equipment . In addition, the scope includes several pipeline end terminations , flowline and well jumper kits and umbilical termination assemblies. Deliveries are scheduled to commence in the first half of 2013. "FMC Technologies is pleased to continue supporting BP as they further develop Thunder Horse," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies.

10 Jan 2013

Offshore W. Africa Subsea Equipment Order for FMC

FMC Technologies, Inc.wins order from CNR International Ltd. for subsea equipment for the Baobab field, offshore Ivory Coast. The Baobab field is located in Block CI-40 West Africa approximately 16 miles (25 kilometers) offshore from the Ivory Coast. FMC Technologies' scope of supply includes six subsea trees , eight wellheads , three manifolds , and a Subsea Control System including subsea distribution systems and associated topside control systems . The equipment is scheduled for delivery in 2014. "FMC Technologies is pleased to support CNR International in its ongoing development of the Baobab field," said Tore Halvorsen , FMC Technologies' Senior Vice President, Subsea Technologies.

22 Oct 2012

Subsea Services New J/V: FMC Partners Edison Chouest

FMC Technologies and Edison Chouest Offshore team up in subsea services joint venture with new base in Houston, Texas. Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore, the new company intends to provide integrated vessel-based subsea services for offshore oil and gas fields globally. Services to be offered by the joint venture include equipment intervention, riserless light well intervention, plug and abandonment and other services. The company's objective is to provide cost-effective solutions to enhance the customer's ability to initiate…

29 Mar 2012

FMC Technologies Signs $1.5 Billion Subsea Agreement With Petrobras

Houston - FMC Technologies Inc. announced that it has signed a four-year agreement with Petrobras, Brazil’s national oil company, for the supply of pre-salt subsea equipment. The total award would result in approximately $1.5 billion in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered. The initial call-off has an approximate value of $900 million in revenue to FMC and includes 78 subsea trees. FMC’s total scope of supply could include the delivery of up to 130 subsea trees, subsea multiplex controls and related tools and equipment. The tree systems are for use in offshore Brazil in water depths up to 8,200 feet (2,500 meters).

21 Sep 2011

FMC Wins $135m BG Norge Deal

FMC Technologies, Inc. (NYSE: FTI) won a contract by BG Norge, a subsidiary of BG Group, for the manufacture and supply of subsea production equipment to support the Knarr oil and gas field. The contract has a value of approximately $135 million in revenue to FMC Technologies. The Knarr field, formerly known as Jordbaer, is located in Norwegian block 34/3 of the North Sea in water depths of approximately 1,320 feet (400 meters). FMC's scope of supply includes three each of subsea production trees and water injection trees.

21 Aug 2009

FMC Supplies Separation System for Petrobras

FMC Technologies, Inc. (NYSE: FTI) announced that it has been awarded a contract by Petrobras (NYSE: PBR) (NYSE:PBRA) to supply a subsea separation system for the Marlim field, located in the Campos Basin, offshore Brazil. The contract is valued at approximately $90m in revenue to FMC Technologies. FMC's scope of supply consists of a subsea separation and pumping system. The subsea separation module will separate heavy oil, gas, sand and water at a water depth of approximately 2,950 feet (900 meters). The system will apply FMC's separation and sand management technologies, utilizing a novel pipe separator design, licensed and developed in cooperation with StatoilHydro.

18 Jan 2009

FMC Technologies Receives $140m Contract

FMC Technologies, Inc. (NYSE: FTI) announced on Jan. 15 that it has signed a contract with BP for the manufacture and supply of subsea equipment for the BP and Sonangol Sinopec International Block 18 field development, located offshore Angola. The contract is valued at approximately $140m in revenue for FMC. FMC's scope of supply includes one gas export regulation manifold, foundations and controls, a high-integrity pressure protection system, chokes and two pipeline end manifolds. The equipment will be manufactured in Angola and at FMC's Kongsberg, Norway facility. Deliveries will commence in 2009. "For several years FMC has worked closely with BP…