Altus Intervention News


Gas Majors Oppose Australia LNG Windfall Tax as Prices Surge

Mar 31, 2026

Gas majors including Shell and Chevron warned Australia against introducing a windfall tax on gas exporters, saying it would deter investment and undermine energy security as LNG prices surge amid disruption caused by the Iran war.Australia…

Equinor Kicks Off Drilling Ops at Brazil's Raia Offshore Project

Mar 24, 2026

Norway's Equinor has begun drilling producer and injector wells for its offshore Raia natural gas project in Brazil, while also planning fresh exploratory activities in the South American nation, its top executive in the country told Reuters…

Hydromea, Equinor Achieve World’s First Wireless Broadband Data Transfer from Seabed to Cloud

Mar 04, 2026

Hydromea, together with Equinor, has announced the world’s first demonstration of real-time, high-bandwidth wireless data transmission from the ocean floor directly to the cloud. This milestone marks an advancement in subsea asset monitoring and the digitalization of the offshore energy sector…

Sonardyne Launches Intelligent Subsea Monitoring Tool

Mar 03, 2026

Underwater technology specialist Sonardyne has launched Observer, a new advanced monitoring system for real-time integrity management of subsea infrastructure across the offshore energy industry.Observer combines high and low frequency motion and position monitoring…

Petrobras Awards Acteon Mooring Services Contract

Feb 25, 2026

Intermoor, Acteon’s Moorings and Anchors business been awarded a new contract by Petrobras for the provision of stack-up mooring system services in Brazil.This work will support light-workover interventions and abandonment operations on installed…

Saipem Awarded $500 Million Contract by Aramco

Feb 23, 2026

Saipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.Saipem’s scope of work includes the Engineering, Procurement, Construction and Installation (EPCI) of a 48inch trunkline…

Saipem Rolls Out AI-Based Maintenance System on Ultra-Deepwater Drillship

Feb 23, 2026

Saipem has introduced an artificial intelligence (AI)-based predictive maintenance system onboard its ultra-deepwater drillship Saipem 12000, aiming to improve operational efficiency and offshore safety.The system uses real-time data and artificial…

AKOFS Offshore Inks New Vessel Deal with Petrobras

Feb 20, 2026

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Feb 10, 2026

Aquaterra Energy has secured a multi-year, seven-figure contract to provide subsea well access equipment for intervention and abandonment operations across 11 wells offshore Spain.Under the agreement with a global offshore services company,…

EnQuest Secures Extension for Vietnam's Offshore Block

Feb 09, 2026

EnQuest has been grated a four-year extension to the Block 12W production sharing contract by PetroVietnam.The extension, granted on the contract’s existing terms, runs until July 2034 and allows EnQuest and its partners to continue development activities across Block 12W…

DOF Group ASA Contract Award for Well Intervention Services in North America

Feb 06, 2026

DOF Group ASA (DOF) has announced a substantial* contract award with Shell Offshore Inc. for the provision of Hydraulic Subsea Well Intervention Services.Under the contract, DOF’s regional subsea team in North America will be responsible for the provision of project management…

Saipem’s Underwater Drone Carries Out Autonomous Survey at Njord Field

Feb 06, 2026

Saipem’s first resident underwater drone Hydrone-R has completed an autonomous survey mission over the Arctic coral area of the Njord field offshore Norway, operating without cables or surface vessel support.Hydrone-R Underwater Intervention Drone carried out the mission independently…

DeepOcean Wraps Up Work at US Offshore Wind Project

Jan 23, 2026

Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project.DeepOcean’s scope of work encompassed trenching and surveying of the inter-array cables that connect turbines to the offshore substations…

Wes Heiskell Takes Position at Paradigm Drilling Services

Jan 21, 2026

Paradigm Drilling Services has appointed Wes Heiskell as Well Construction & Intervention Director – North America.Based in Paradigm’s Houston office, Heiskell brings almost 40 years of experience, with a distinguished career spanning operations…

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