Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month.
The month of July has seen companies forging alliances, industry majors announcing market-adjusting plans, new job cuts, fleet reductions and contract cancellations. Subsea 7 teamed up with OneSubsea to jointly provide subsea solutions, while with KBR it formed a new concept and FEED alliance.
Technip came out with restructuring plan which will see the French subsea major slash its workforce by 6000 and downsize its fleet to 23 vessels.
Italy’s Saipem has lost a major contract related to the pipe laying activities under the Black Sea, which resulted in backlog reduction of approximately €1.2 billion.
In addition, Singapore’s Ezra Holdings is said to be looking at potential sale and leaseback deal of its $625 million subsea construction vessel Lewek Constellation which would unlock about US$200 million of equity.
For the month of July, our 10 most-read articles were:
6th Offshore Well Intervention Conference Gulf of Mexico
The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.
Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.
Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:
Clarifying compliance updates
Quicker well access and safer well control
Understanding HPHT well intervention (systems)
Forecasting well intervention activity, discussing new commercial models and comparing platform options
Best practice riserless well intervention
The latest well intervention equipment
For registration, speaking or sponsorship enquiries contact Abigail Clifton on firstname.lastname@example.org; +44 (0) 203 793 8800.