Two related technologies make the subsea portion of the Perdido project viable: the subsea boosting system, and a surface blowout preventer for drilling and completing the direct vertical access ...

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE: BHGE) announces the launch of its new approach to subsea development: Subsea Connect, including its Aptara™ TOTEX-lite subsea ...

In its efforts to minimize the widening oil spill in the Gulf of Mexico, BP is deploying a large structure -- essentially a giant concrete funnel -- to capture leaking oil. Here's how it works. Called ...

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 ...

LONDON--(BUSINESS WIRE)--The subsea production systems market is poised to grow by USD 1 bn during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. Worried about the impact of ...

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 ...

The oil industry has steadily moved deeper and deeper offshore to tap oil reserves in harder to reach places. This trend is a function of depleting reserves of easy oil, but it is only possible ...

Nextgen Group and Alcatel-Lucent Submarine Networks have announced activating the $139 million North West Cable System (NWCS), a 2,100km fibre-optic submarine cable between Darwin and Port Hedland.

Exa Infrastructure kicked off the new year by acquiring subsea firm Aqua Comms. The deal, completed almost a year after an ...

The Indigo subsea telecommunications cable will land in NextDC's Perth and Sydney datacentres, the companies have announced. The cable will connect to NextDC's 6MW P1 and 16MW S1 datacentres, as well ...