Offshore Subsea News


Global Underwater Hub Hosts Royal Visit from King Charles

Sep 29, 2023

A UK-based trade body representing companies operating in the UK subsea sector, Global Underwater Hub (GUH), received a visit from King Charles on Friday, September 29.GUH said it had provided King Charles with a tour of its premises in Westhill on the outskirts of Aberdeen…

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Sep 29, 2023

Oilfield services giant Baker Hughes said Friday it had secured two 'major' contracts from the Norwegian oil and gas company Vår Energi.The first contract, a nine-year engagement, is for well intervention. In addition to the interventions scope…

Breidablikk Oil Field Gears Up for Production Start-up as NPD Grants Consent

Sep 28, 2023

The Norwegian Petroleum Directorate (NPD) has granted consent for the start-up of production from the Equinor-operated Breidablikk field in the North Sea, offshore Norway.According to NPD, which will change its name to Norwegian Offshore Directorate from January 1…

Subsea 7 Bags Major Contract: Clients Remain a Mystery

Sep 27, 2023

Offshore installation firm Subsea 7 said Wednesday it had secured a major subsea contract.Subsea 7 defines a major contract as being over USD 750 million.The company did not say who the clients were, apart from saying that it had received a client recommendation to execute…

Maersk Supply Service's Vessel Bags Contract Extension for Angola Subsea Operations

Sep 25, 2023

Maersk Supply Service has secured a contract extension in Angola for its Subsea Support Vessel Maersk Involver for an additional 15 months.The Danish vessel owner said Monday that under the extended contract, the vessel and crew would support various subsea operations off the coast of Angola…

Subsea 7 and OneSubsea Pen Deal with BP for Integrated Subsea Projects

Sep 25, 2023

Offshore installation firm Subsea 7 and SLB's OneSubsea, as part of their Subsea Integration Alliance, have signed a memorandum of understanding (MoU) aimed at forming a framework agreement with BP for integrated subsea developments.Under the framework agreement…

GUH: Subsea Cable Failures Threatening Offshore Wind Expansion

Sep 22, 2023

UK-based trade body Global Underwater Hub (GUH) is working to tackle failures in underwater cables, which, it says, could derail global offshore wind ambitions.GUH says that the reliability of subsea cables is “paramount” to the success of offshore wind and the energy transition…

PRIO Taps McDermott for Wahoo Field Pipeline Installation Offshore Brazil

Sep 21, 2023

Offshore installation and construction services company McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil.Under the scope of the contract, of an undisclosed value…

CRP Subsea to Supply Cable Protection System for Offshore Wind Farms in Taiwan

Sep 19, 2023

CRP Subsea, an AIS company, has been awarded a contract by Ørsted to provide NjordGuard, an integrated cable protection system, for the Greater Changhua 2b & 4 offshore wind farms in Taiwan. CRP Subsea will supply a total of 142 NjordGuard cable protection systems…

DOF Secures $60 Million Subsea Service Contract Extension

Sep 19, 2023

Norwegian offshore vessel owner DOF has signed a letter of intent with an unnamed 'major oil company' for an extension of a large Subsea service contract in the Atlantic region.The extension will become effective in November 2023. Estimated revenue from the contract is approximately $60 million…

Equinor Taps Ocean Infinity for Floating Wind Farm Site Survey off California

Sep 18, 2023

Seabed survey and ocean research company Ocean Infinity has signed a contract with Equinor Wind US LLC, for one of the first-ever floating offshore wind farms on the US West Coast. Under the terms of this contract, Ocean Infinity will undertake…

DOF Secures Three Service Contracts with Petrobras Worth Over $260M

Sep 18, 2023

Norwegian offshore support vessel firm DOF said Monday it had won three new service contracts with the Brazilian oil firm Petrobras.'The contracts were originated by a competitive bid process won by DOF and include work within our core service lines for Survey and Inspection…

Forum Energy Technologies Launches Tooling Rental Service for ROVs

Sep 12, 2023

ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.'With increasing ROV asset investment across hydrocarbon and offshore renewable energy…

CEO in Focus: Chris Gibson, VideoRay

Sep 10, 2023

With a plethora of low-cost ROV manufacturers entering the market,  VideoRay made the strategic decision to re-focus the company on selling fewer, but much higher value units. The strategy has paid off, and revenues have soared year-on-year since…

Current News

IWS Fleet Strikes Deal to Put Off Yard Payments for Offshore Wind Service Vessels

US Plans Sharp Reduction in Offshore Oil and Gas Lease Sales

Global Underwater Hub Hosts Royal Visit from King Charles

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

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