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Subsea Umbilicals News

07 Aug 2023

DOF Awarded Subsea Work off West Africa

Norway-based DOF Group on Monday announced it has been awarded a contract for one of its vessels offshore West Africa.The deal will see DOF's construction support vessel (CSV) Skandi Acergy support operations to install subsea umbilicals, risers and flowlines (SURF) for an unnamed "tier 1 contractor and operator" in West Africa, DOF said. The 156.9-meter-long vessel was built in 2008.DOF labeled the contract as "significant", worth between $80 million and $100 million. The deal includes 326 days firm utilization, and 75 optional days, commencing in the fourth quarter of 2023.In addition to the vessel utilization, DOF Subsea Atlantic will offer project management…

28 Feb 2023

Yinson Bags $5.3B Deal for its First FPSO Project in Angola

Illustration only - ©Ranimiro/AdobeStock

Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the  Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”).According to Yinson, the contract is worth about $5.3 billion in total and has a firm period of 15 years from the date of the final FPSO's acceptance. Azule Energy will have the option to extend for another five years. The FPSO Agogo is expected to start operations in the fourth quarter of 2025.

12 Sep 2019

OFS Sector Expected to Take a Hit

Lower oil prices will push the global oilfield services (OFS) sector into a recession in 2020 after three successive years of growth, according to Rystad Energy.In a new sector outlook update, Audun Martinsen, head of oilfield services research at Rystad Energy, forecasts a 4% decline in global oilfield service revenue if oil prices stay flat next year.“Lower oil prices call for negative growth in the service market in 2020,” says Martinsen. “For suppliers, this means that a three-year growth story will come to an end regardless of which market segment you look at.”The service market will likely achieve a 2% growth in 2019, to $647 billion.

09 Jan 2019

Jan de Nul Completes Umbilical Installation Offshore Egypt

Marine engineering firm Jan De Nul Group Jan De Nul Group has completed the installation and burial of the two main subsea umbilicals for the exploitation of new gas fields in the West Nile Delta concessions, located in the North Alexandria region, offshore Egypt.According to the company release, specifically for this project, Jan De Nul Group reconfigured its multi-purpose vessel Willem de Vlamingh into an efficient Umbilical Installation Vessel.The two umbilicals, with a total length of 69 km, were loaded in Norway in May 2018 and transported to Egypt. The installation campaign started with a 3-km beach pull for which the Willem de Vlamingh positioned in water depths of 7 m.

14 Dec 2018

Solstad Scores Long-term Charter with Total

(Photo: Solstad Offshore ASA)

Norwegian vessel owner Solstad Offshore ASA, together with its local partner Petro Services, has entered into a contract with Total Exploration & Production Congo for the construction support vessel (CSV) Far Sleipner.The contract has a duration of two years firm plus four six-month options, Solstad Offshore disclosed on Friday.The vessel, which has been chartered by the same client in Congo since January 2017, will function as a field support vessel (FSV) with remotely operated underwater vehicle (ROV) systems on board to cover for inspection…

03 Oct 2018

Subsea 7, OneSubsea Bag Gulf of Mexico Contract

Offshore oil services firm Subsea 7 has announced the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company.The award is for the deepwater Katmai field development in the US Gulf of Mexico’s Green Canyon 40, said a press release from the company.This supplier-led integrated subsea development solution, combines OneSubsea’s subsea production systems (SPS) and Subsea 7’s subsea umbilicals, riser and flowline systems (SURF) expertise.The Subsea 7 scope includes project management, engineering, procurement, construction and installation of 40 km of pipe-in-pipe production flowline (12” outer pipe and 8” inner pipe)…

23 Apr 2018

Subsea 7 Makes Hostile Bid for McDermott

File Image: A Subsea 7 offshore support vessel. CREDIT: Subsea 7

Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S. rival McDermott, potentially breaking up the U.S. company's agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I).The deal could make Oslo-listed Subsea 7 the market leader in supplying and installing subsea equipment for oil and gas firms with a combined market share of 24 percent, followed by TechnipFMC with 20 percent and Saipem with 15 percent, an Oslo-based consultancy…

16 Mar 2018

Offshore Groups Bibby, Rever Merge

Bibby Offshore chief executive Howard Woodcock (Photo: Bibby Offshore)

The U.K.’s Bibby Offshore will merge with Norwegian firm Rever Offshore AS in a move targeting opportunities in the diving and subsea umbilicals, risers, and flowlines (SURF) markets. The transaction has been agreed and is expected to close soon, announced Bibby owner Fara Holdco Limited. The merger will combine Bibby and Rever subsidiary CECON Contracting to create a larger offshore installation delivery business both in the North Sea and internationally, currently focused on the Atlantic and Mediterranean regions.

13 Mar 2018

BP Selects McDermott, BHGE for Subsea Contracts

McDermott International and Baker Hughes (BHGE), a GE company  announced the selection of front-end engineering design (FEED) studies in advance of a substantial engineering, procurement, construction and installation (EPCI) contract for BP’s Tortue/Ahmeyim Field Development, a major gas project located on the maritime border of Mauritania and Senegal. During this initial engineering phase, McDermott will work on defining the subsea umbilicals, risers and flowlines (SURF) scope for the project, while BHGE will focus on the subsea production system (SPS) scope. The FEED is scheduled to begin and complete this year. The agreement contains a mechanism to allow transition of the contract to a lump sum EPCI contract at a later date.

07 Feb 2018

Ocean Installer Gets Two SURF Contracts From Statoil

Norway's Ocean Installer has secured two subsea umbilicals, risers and flowlines (SURF) contracts with Statoil for work on several fields offshore Norway. The subsea company has secured two contracts, comprising work from 2018 through 2020 on the Snorre, Troll, Njord, Åsgard, Bauge, Fenja and Dvalin fields, said a press statement. The first contract is for Subsea Lines Modification (SLM) work, with offshore activities containing complex riser change-out operations, set to commence in Q2 of 2018. "We continue to build on the excellent working relationship we have with Statoil. Our track record has proven that we are capable of delivering efficient subsea solutions, especially handling complex installations.

26 Dec 2017

Italy's Saipem Wins Eni Angola Contract

Saipem has signed a contract with Eni Angola S.p.A. in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of the Vandumbu field in Block 15/06. The additional activities will be carried out by the Offshore E&C division and encompass the engineering, procurement, construction and installation required for the development of the Vandumbu subseea field at deepwater depths ranging from 1300 to 1500 metres. Overall the project includes the realisation of two production pipelines made of special material, and the laying of umbilicals and service lines of various diameters (Subsea, Umbilicals, Risers & Flowlines - SURF).

28 Nov 2017

Former Harkand DSVs Join Boskalis Fleet

Boskalis acquired the 2011 built DSV Atlantis for approximately $60 million (Photo: Boskalis)

Royal Boskalis Westminster N.V. has added two 115.4m diving support vessels (DSVs) to its fleet, in line with the company’s plan to expand its subsea services offering. Boskalis said it reached an agreement with the bondholders of the two former Harkand vessels under which it has acquired the DSV Atlantis for approximately $60 million and has signed a three-year bareboat charter for her sister vessel Da Vinci along with a right of first refusal in the event of a sale. The vessels…

24 Mar 2017

BP Awards Gulf of Mexico Work to Subsea 7

Subsea 7 said it was awarded a contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans. The contract scope covers engineering, procurement, construction and installation (EPCI) of the subsea umbilicals, risers and flowlines (SURF) and associated subsea architecture. Subsea 7 has worked closely with BP to deliver a lump sum integrated solution from design through to supply, installation and commissioning. Furthermore, by collaborating with OneSubsea, a Schlumberger company, our Subsea Integration Alliance partner that has been awarded the Subsea Production Systems (SPS) contract, additional areas of cost improvement have been identified to provide greater cost certainty and reduced risk.

15 Dec 2016

Subsea 7 Awarded Norwegian North Sea Contract

Subsea 7 S.A. today announced the award of a sizeable(1) contract by Centrica for the Oda field in the Norwegian North Sea. The Oda oil field (previously called Butch) was discovered in 2011 in the southern part of the Norwegian North Sea, approximately 14 kilometres east of the Ula field. The contract scope comprises Subsea 7's expertise and capabilities in engineering, procurement, construction, installation and commissioning (EPCIC) of subsea umbilicals, risers and flowlines (SURF) including the production pipeline, water injection line, umbilical and related subsea services. Project management and engineering will commence immediately from Subsea 7's office in Stavanger, Norway, with offshore operations scheduled to commence in 2018.

29 Jun 2016

JIP Validates DNV GL's Helica Software

A joint industry project run by DNV GL has replicated stresses measured in an umbilical subjected to tension and bending in full-scale tests, further validating the accuracy of the analysis software Helica. DNV GL’s Helica can analyse thousands of simulations in a matter of minutes, improving engineering efficiency and significantly reducing design cost. Subsea engineers calculate stresses in umbilicals and flexible pipes using software to ensure that individual components will not fail. Such failures could lead to costly production shut-downs or hydrocarbon leaks. DNV GL’s Helica software, which calculates stresses in umbilical and flexible pipe components, has now been proven to deliver highly accurate results through a joint industry project (JIP).

05 May 2016

DNV GL 7 JIPs in North America

In a concerted drive to find smart solutions to safely reduce complexities and cost in the North American oil and gas industry, DNV GL is leading seven new joint industry projects (JIP) from the region in 2016. The initiatives will support overall efficiency efforts in the pipelines, wells and subsea, umbilicals, risers, and flowlines (SURF) sectors. Key focus areas for DNV GL in 2016 will be centered around solving challenges around standardization, operations (OPEX services), safety, environment, regulations and performance. “Our collaborative projects are pivotal in strengthening the industry throughout the Americas and helping it move forward and out of the difficulties we are currently facing,” said Peter Bjerager, Executive vice president, Oil & Gas – DNV GL Region Americas.

13 Oct 2015

Ocean Installer in BP frame deal

Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years. Specific work scopes will be carried out under individual call-off contracts, and accordingly no firm work is currently committed under the agreement. “We have successfully executed work for BP in the GoM during the last couple of years, and we are happy to see the relationship manifest itself in such an agreement. Now our focus is to win call-off work within this framework,” says Mike Newbury, President of Ocean Installer in the US.

11 Jul 2014

Demerger Proposed at Aker Solutions

Photo: Aker Solutions

The board of directors of Aker Solutions ASA has in accordance with the strategy disclosed April 30 resolved to propose to the company's shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services unit of Akastor, one of two companies that will emerge from the separation. Aker Solutions Holding ASA - a subsidiary of Aker Solutions ASA established for the purposes of the demerger…

17 Jul 2014

Aker Solutions Reports Earnings Prior to Split

Aker Solutions reports its second-quarter 2014 earnings ahead of its plan to split into two companies at the end of September 2014. One company will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Aker adds that pro-forma second-quarter revenue for the new Aker Solutions rose to NOK 8.1 billion from NOK 7.5 billion a year earlier, helped by a 13 percent increase in sales of subsea equipment and services. The new company's pro forma earnings before interest, taxes, depreciation and amortization (EBITDA) increased to NOK 592 million in the quarter from NOK 481 million a year earlier.

03 Jun 2015

Aker Solutions Wins Offshore Mexico Order

Aker Solutions won its first order for a project offshore Mexico as it secured a contract from Saipem to supply umbilicals for the Pemex-operated Lakach deepwater natural-gas field. Aker Solutions will deliver electro-hydraulic steel tube umbilicals of about 73 kilometers (45 miles) that will help connect Mexico's first subsea gas development to onshore processing facilities. The field is located about 98 kilometres (60 miles) southeast of Veracruz at depths of between 900 and 1,200 meters in the Gulf of Mexico. It is targeted to supply 400 million standard cubic feet per day. "The Lakach field is Mexico's first deepwater subsea development by Pemex and Aker Solutions is proud to deliver the first umbilical to the Mexican Gulf of Mexico…

29 Sep 2014

Aker Solutions Starts Trading After Company Split

Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the former Aker Solutions, which has been split into two separate entities to reduce complexity, realize synergies and bring down costs. The other company formed in the separation is Akastor, an oilfield services investment business that will develop the former group's other units, including Drilling Technologies. "The…

05 Nov 2014

NOx-reduction System Ordered for Deepwater Vessel

Rendering of the Petrofac JDS 6000 deepwater derrick-lay vessel (courtesy Petrofac)

MAN Diesel & Turbo won the contract to provide a Selective Catalytic Reduction (SCR) system for each of six MAN 16V32/44CR engines that will power the Petrofac JDS 6000 deepwater derrick-lay vessel ordered in January 2014 by international oil and gas services provider Petrofac. The SCR systems and engines will be constructed at MAN Diesel & Turbo’s Augsburg, Germany facility, while the vessel will be constructed by the ZPMC yard in China using a proprietary Petrofac design. MAN Diesel & Turbo and Petrofac have also entered a 12-year service contract for the management…

13 Jan 2015

Great Ships of 2014: Ceona Amazon

Dramatic changes to the global oil and gas landscape over the last decade have led the industry to encounter increasingly challenging and remote environments including emerging yet largely unexplored new provinces and more complex deepwater territories. But true to its industrious and adventurous spirit, the sector is turning these challenges into opportunities and underpinning this shift to new frontiers is adding significant tangible value to the way in which hydrocarbons are recovered.