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Latest Offshore Subsea News

SPX wins EnQuest pump contract for Kraken field

Nov 24, 2013

SPX Corp. has been awarded a $22 million contract for oilwell production pumps that will be utilized for key artificial lift service on EnQuest's new offshore subsea heavy oilfield project, currently being developed in the North Sea’s Kraken field.

McDermott subsidiary awarded Arabian Gulf contract

Nov 21, 2013

A subsidiary of McDermott International Inc. has been awarded an engineering, procurement, construction, and installation (EPCI) project for a customer in the Arabian Gulf.

Technip wins Statoil contract for Edvard Grieg subsea project

Nov 15, 2013

Statoil has made a call-off for the framework contract that Technip has with Statoil for diving services. The work will be performed in connection with the future Edvard Grieg oil pipeline and for the Utsira high gas pipeline.

DeepFlex appoints Lamego as president, CEO

Nov 14, 2013

DeepFlex reports that Felipe Lamego has been promoted from his current role as vice president of business development and sales to president and CEO.

Energy Players

Nov 12, 2013

Industry Briefs

Nov 12, 2013

Proserv appoints country manager in Nigeria

Oct 30, 2013

International energy technology services company Proserv has appointed Olu Phillips as country manager in Nigeria.

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Market Indices

INTERNATIONAL UPSTREAM

Carnarvon to explore two permits in Barrow sub-basin

Jun 5, 2014

Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

Report predicts surge in world subsea expenditure

Jun 5, 2014

Global subsea hardware capex could total $117 billion between 2014 and 2018, according to Douglas-Westwood’s latest market forecast.

Hitachi Solutions Canada to unveil JV solution for oil and gas industry

Jun 4, 2014

Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

Primoris wins underground contract work valued at over $10 M

Jun 2, 2014

Primoris Services Corp. has received a new contract award from a midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment.

NORTH AMERICA UPSTREAM

Alpha Crude Connector to conduct open season

Jun 2, 2014 Alpha Crude Connector LLC intends to conduct an open season for the Alpha Crude Connector pipeline, a new FERC-regulated crude oil transportation pipeline to be located in Lea and Eddy counties in ...

MicroSeismic names Foster as president and CEO

May 30, 2014

MicroSeismic Inc. has appointed Jeff Foster as the company’s president and CEO. Founder of the company and past CEO, Peter M. Duncan, will continue with MicroSeismic as co-chairman.

KMP to expand carbon-dioxide infrastructure

May 8, 2014

Kinder Morgan Energy Partners LP is set to invest $671 million to grow its carbon-dioxide infrastructure in southwestern Colorado and New Mexico.

TPC Group expands polyisobutylene capacity

May 1, 2014

TPC Group, a provider of C4 based products and services, has achieved a milestone in its comprehensive expansion program to increase polyisobutylene capacity.

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