• 2019 April 10 16:34

    Aker Solutions and FSubsea to сreate FASTSubsea to boost subsea oil recovery

    Aker Solutions and FSubsea have agreed to create FASTSubsea to help operators increase oil recovery in a faster, simpler and more environmentally friendly way, the company said in its release.

    Multiphase subsea pumping technology has the potential to increase oil recovery rates by more than 20 percent, but cost, space limitations and sometimes complex solutions mean multiphase pumps are installed in fewer than 30 of the world's 1,500+ offshore fields.

    With FASTSubsea, this is about to change. The new company combines Aker Solutions' high-performance multiphase hydraulic technology with FSubsea's game-changing Hydromag technology to create the world's first "topside-less" multiphase boosting system.

    The pump-module solution being developed by FASTSubsea can cut capex by half and enable subsea boosting at fields where there is no available topside space. Getting more out of existing wells reduces CO2-emissions per barrel.

    The agreement is subject to approval from the Norwegian competition authorities.

    The spread of subsea boosting technology has been hampered by cost and complexity. Conventional systems require a large amount of topside equipment on a platform or FPSO, including electric variable speed drives and supply systems for barrier fluid hydraulic oils. They also typically require several kilometers of hydraulic umbilicals between the pumps and the platform. This increases cost in the form of engineering and hardware spend.

    The pump-module solution from FASTSubsea leverages FSubsea's Hydromag™ technology, which is a unique combination of the world's most powerful Permanent Magnetic coupling with an embedded hydrodynamic variable speed function, and Aker Solutions' MultiBooster™ semi-axial impeller design, which has proven best-in-class pressure generation capabilities. This system has built-in variable speed function and is barrier-fluid-less, which reduces capex cost with up to 50 percent. It unlocks opportunities with platforms that have no additional topside space but still can reap the economic benefits of increased recovery with subsea boosting system.

    Additional information about FASTSubsea:

     Aker Solutions and FSubsea to each hold 50 percent of the outstanding shares
     The Board of Directors consists of an equal number of Aker Solutions and FSubsea representatives
     Alexander Fuglesang acts as Managing Director, Bastiaen van der Rest as Technology and Operations Manager
     The company's "topside-less" multiphase pump will be marketed towards subsea integrators and operators directly, as well as through Aker Solutions
     FSubsea will continue to market Omnirise™ product range directly to the marketplace
     Aker Solutions will continue to market LiquidBooster™ and MultiBooster™ product ranges directly to the marketplace

    About FSubsea
    Set up in Oslo, Norway in 2013 as a spin-off from Fuglesangs Group (est.1855), FSubsea's provides the most autonomous, modular and robust boosting systems for the global subsea process, subsea drilling and deep sea trenching and excavation markets. The company has supplied more than 40 pumps that are currently operating in deep waters. In 2017, the company won the OTC Spotlight on New Technology Award for their Omnirise™ Boosting System.




2020 February 17

07:15 IAA PortNews congratulates Vyacheslav Ruksha, Deputy Director of Rosatom - Director of Rosatom’s NSR Directorate, on his birthday!

2020 February 16

16:15 Two new oceanographic vessels will join the NOAA fleet
15:13 TenneT develops first 2GW offshore grid connection with suppliers
14:52 USCG issues Captain of the Port Orders to Bouchard Transportation Vessels
13:12 Siemens builds Germany’s largest “power outlet” for ships for Port of Kiel
12:34 Naval Group presents its industrial and academic cooperation plan with Greece
11:16 MARAD announces more than $280 million in grants for US coastal seaports

2020 February 15

14:51 Holland Shipyards holds keel-laying ceremony for new electrict ferry
13:27 USCG takes delivery of Cutter Edgar Culbertson
12:43 Virgin Voyages celebrates delivery of Scarlet Lady
11:15 European Commission working visit in the context of Military Mobility

2020 February 14

18:37 OOCL updates Trans-Pacific services
18:07 Canada plans to support ban on heavy fuel oil in Arctic shipping
17:49 Rates of transport security dues approved for Rosmorport’s Azov-Black Sea Basin
17:26 Reconstruction of the historic FG levee completed at the Port of Riga
17:05 Vado Gateway terminal commences operations
16:51 Commissioning ceremony of Offshore Patrol Vessel PNS YARMOOK
16:35 PIL to exit Transpacific market to focus on North-South trade
16:08 Keel of Wasaline’s new ferry was laid at Rauma shipyard
15:44 Rauma Marine Constructions to partner with Aalto University looking to cut emissions and increase safety in seafaring
15:19 Nauticor, Fassmer start LNG cooperation with Atair bunkering
14:21 Global Ports launches Ust-Luga – Moscow rail container service
13:57 Zvezda shipyard starts building yet another Aframax tanker for Rosnefteflot
13:35 Port of Ipswich celebrates tonnage-handling record for largest independent producer of sand and gravel in the UK
13:12 Finnlines invests in highest passenger comfort and orders two eco-friendly Superstar vessels
12:50 Finnlines strengthens its North Sea services as from week 8, 2020
12:26 Supervisory board of KN approves company's corporate strategy until 2030
12:03 Hapag-Lloyd announces rates from Mediterranean to Far East
11:48 Throughput of Klaipėda Port in Jan'20 exceeds that of Latvia’s ports for the first time in the history
11:30 CMA CGM announces FAK rates for reefers from North Europe, Baltic, Scandinavia, Poland & West Med to Asia
11:09 Fincantieri presents “Scarlet Lady” in Genoa Sestri Ponente
10:54 Klaipėda Port’s canal to be deepened to 15 meters
10:30 CMA CGM announces FAK rates for reefers from East Med & Black Sea to Asia
10:27 MABUX: Bunker market this morning, Feb 14
10:09 PCC Intermodal marks 10 years of work in the Port of Hamburg
09:55 Brent Crude futures price is down 0.05% to $56.31, Light Sweet Crude – up 0.06% to $51.45
09:41 Bunker prices are slightly down at the port of Saint-Petersburg, Russia
09:18 Baltic Dry Index is flat at 421 points
09:00 Port of Long Beach сargo volume down 4.6% to 626,829 TEU in January 2020

2020 February 13

18:30 Korean Register launches new apps and online service for customers
18:06 PSA Marine announces acquisition of Tramarsa Flota
17:52 Vice Admiral Kulakov, RF Navy’s large anti-submarine ship, returns to Severomorsk
17:35 Hapag-Lloyd announces rates from Middle East to North Europe and Mediterranean
17:19 Port of Ventspils (Latvia) handled 20.46 million tonnes in January 2020, up 0.8% YoY
17:05 APM Terminals Poti formally restarts port expansion permit process
16:58 MSC confirms long-standing commitment to reducing CO2 emissions
16:55 Scorpio Bulkers announces sale and leaseback agreements for three dry bulk vessels
16:43 MSC announces cooperation agreement with SM Line
16:40 DP World agrees to acquire a majority stake in TIS container terminal in the Port of Yuzhny, Ukraine
16:37 European Union prepares to provide a subsidy for a project to store CO₂ from industry in Antwerp, Ghent, Zeeland and Rotterdam
16:20 Port of Klaipeda (Lithuania) handled 3.4 million tonnes of cargo in January 2020, down 15% Y-o-Y
16:05 Floatel and Prosafe discontinue merger agreement
15:36 Damen to supply five coastal ferries to Zanzibar Government
15:31 IDF provides Vyborg Shipyard with RUB 700 million loan for construction of trawlers and crab catchers
15:17 Port of Rotterdam throughput amounted to 469.4 million tonnes in 2019
15:08 HHLA container throughput up 3.3 percent to 7.6 million TEU
14:37 Port of Helsinki throughput in January 2019 grew by 8.8% to 1.2 million tonnes (table)
14:03 Tolbukhin tugboat joins fleet of Rosmorport’s North-Western Basin Branch
13:42 Cruise Baltic becomes the first paper-free cruise network
13:26 North-Western Basin Branch of Rosmorport expands its fleet with Taifun-1000K airboat