Offshore services firm Subsea7 has secured a sizeable contract for a subsea tieback development in the U.S. Gulf of Mexico.Subsea7 will be responsible for transporting and installing the flowline, umbilical, and associated subsea components for the tieback…
Schottel Marine Technologies has released a report highlighting the potential of its Swift Anchor technology, which found it could deliver up to 12% of Levelised Cost of Energy (LCoE) savings for floating wind farms.The study was carried out…
French subsea power cable maker and services provider Nexans has launched a cable recycling and recovery service in Europe, aiming to address the growing copper shortage by transforming the waste into recycled raw materials.Nexans is stepping…
Marine seismic acquisition firm Shearwater Geoservices has secured a contract from TotalEnergies for an Ocean Bottom Node (OBN) data acquisition campaign offshore Angola.The deepwater OBN survey will be conducted by the dual ROV equipped SW Tasman…
Scottish ocean energy company Mocean Energy and global controls technology specialists Proserv have signed a working partnership agreement with the aim of accelerating the development of renewables solutions for subsea operations.Together the…
Oilfield services company TechnipFMC has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from BP for its greenfield Kaskida development in the Gulf of Mexico.The contract, valued between $250 million and $500 million…
Australia’s offshore energy regulator NOPSEMA has issued an alert after a shark was found tangled in a rope loop attached to an electrical flying lead.The shark was spotted by a ROV operator during a subsea survey. The operator was then able…
Canadian pipeline company Enbridge has secured an agreement with BP to build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development.The crude oil pipeline, named the Canyon Oil Pipeline System (Canyon Oil)…
The United Kingdom has pledged to provide up to $28.4 billion (£21.7 billion) in funding for carbon capture and storage (CCS) and hydrogen technology and projects over 25 years, being developed in northern England, in an effort to curb CO2 emissions…
The Crown Estate has awarded an agreement for lease to Eni for the HyNet project, the first carbon capture and storage (CCS) project in the UK to repurpose existing pipeline infrastructure, reducing both cost and the environmental impact of construction…
McDermott has secured an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project, part of the world's largest liquefied natural gas (LNG) project…
Mermaid Subsea Services has completed the first stage of a major North Sea decommissioning contract for Shell, ahead of the next phase scheduled to begin in 2025.Delivered ahead of schedule, the initial phase of the multi-year campaign involved…
AGR, part of Oslo-listed ABL Group, has secured a long-term frame agreement with Equinor to provide subsurface and field development support related to project developments of facilities, offshore installations and onshore plants.Under the agreement…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at phase-2 development at its Shenhai-1 deepwater gas project in northern South China Sea.The project is located in the Qiongdongnan Basin…
TotalEnergies and its partners, Equinor and Shell, have completed the construction of receiving and storage facilities of the Northern Lights carbon capture and storage (CCS) joint venture in Norway, which is now ready for its first CO2 injection…