Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (May 16 – May 22).


Technip and FMC Technologies, have entered into a Memorandum of Understanding (MoU) to combine and create a global leader in oil and gas services called TechnipFMC.

The combined company would have an equity value of $13 billion based on pre-announcement share prices. Technip and FMC Technologies expect to execute a definitive business combination agreement to combine the companies in an all-stock merger transaction.


Photo: Subsea 7

Norway’s offshore union, Industri Energi (IE), believes that oil services company Subsea 7 operates with diver contracts that violate the Norwegian Working Environment Act.

Namely, in January this year, Industri Energi carried out an inspection on Subsea 7’s diving vessel Seven Falcon in Haugesund, Norway, and found what it believes to be illegal work contracts.

 


N-Sea, DOF Subsea Team Up on SAT Diving Services

N-Sea and DOF Subsea have entered into a two-year cooperation agreement to provide an integrated saturation (SAT) dive service.

Through the agreement DOF Subsea will provide the dive support vessel Skandi Achiever, whilst N-Sea will provide saturation diving resources. Project management, engineering and diving manual/procedures will be provided through an integrated team, the companies noted.


MoU Signing

McDermott has joined with 14 other offshore companies in signing a memorandum of understanding (MOU) to establish engineering industry standards.

Known as the Standardization Unified Joint Industry Project (JIP), the one-year agreement sets out the terms and conditions upon which the signing parties shall establish industry standards for offshore engineering.

 


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The Shah Deniz consortium informed that the subsea construction vessel (SCV) “Khankendi” re-floated into the Caspian Sea at the Baku Shipyard quay.

The vessel has been specifically designed and built to install the subsea structures of the giant Shah Deniz Stage 2 gas development project.

 


 

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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:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

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OCEANS 2019

OCEANS is the bi-annual event for global marine technologists, engineers, students…

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OTC Brasil

The conference is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum…

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Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

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