Equinor, Vår Energi and Petoro will invest around $395 million (NOK 4 billion) in the first discovery tied back to the Johan Castberg field in the Barents Sea.The decision comes eight months after Johan Castberg came on stream. Recoverable oil in the new subsea development is estimated at 46 million barrels, and start-up is planned as early as the fourth quarter of 2028.Johan Castberg is the newest oil production hub on the Norwegian continental shelf (NCS)…
Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels…
BP has delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, two months ahead of plan.The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform…
McDermott has secured a subsea contract from Petronas Carigali Brunei for engineering, procurement, construction, installation and commissioning (EPCIC) of a natural gas development project offshore Brunei.The award follows McDermott's completion of front-end engineering design (FEED)…
Africa-focused oil and gas company VAALCO Energy has started its phase three drilling program offshore Gabon with the spudding of the ET-15 infill well on the Etame platform.As previously announced, the company secured a drilling rig in December…
Dong Fang Offshore (DFO), one of Asia’s largest offshore wind service providers, has signed a major shipbuilding contract with Norwegian yard Westcon for a new subsea and cable lay vessel (CLV), set for delivery in 2027.Westcon will take over…
TechnipFMC has been awarded a significant contract by Ithaca Energy to deliver flexible risers, flowlines and associated subsea hardware for the Captain field development in the UK North Sea, the company said on Monday.The contract, classified…
Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations…
Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, to provide mooring asset integrity services.With work due to commence in December 2025, Intermoor will deliver comprehensive quality…
Subsea Supplies has announced a strategic partnership with DRIFT Offshore to enhance subsea operations for its growing US customer base. This collaboration will provide customers across the region with faster access to Burton subsea connectors and cable assemblies…
Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage rising costs and workloads, according to the latest report from Offshore Energies UK (OEUK)…
Energy industry services firm EnerMech has secured a one-year contract extension to deliver crane maintenance and integrity services across six assets for Woodside in North West Australia.The renewed scope covers six offshore assets in North West Australia…
Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the U.K. continental shelf.The field is being developed as a subsea tieback to an existing host facility…
SLB OneSubsea, joint venture between SLB, Aker Solutions, and Subsea7, has secured a contract from BP for subsea boosting system for the greenfield development of the Tiber project, located in the deepwater U.S. offshore region.The engineering…
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Eni for the deepwater Maha project offshore Indonesia.The project represents Eni’s first deployment of TechnipFMC’s Subsea 2…
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