BusinessJuly 30, 2026
spoolbase
SPOOL-bays
Definition
A specialized facility or site where long lengths of pipeline, cable, or umbilical lines are stored on large reels or spools for offshore installation.
Etymology
The word is a compound of 'spool' (from Middle Dutch 'spole', meaning a spindle or cylinder) and 'base' (from Old French 'base', meaning the foundation or bottom).
In the news
The article uses the term to identify a physical location in Norway where the company stores its subsea equipment. It highlights the logistics chain required to manage large-scale offshore infrastructure projects.
Subsea 7 in good form in lead-up to merger
Read the full article ↗Upstream Online