T12 Engineering has secured a contract with an independent Norwegian oil and gas operator to design and manufacture a 60-tonne subsea modular structure.The engineering specialist, which operates from Teesside, Glasgow and Edinburgh, will project manage the engineering…
Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.The first contract (CRPO 162), with a duration of 32 months, encompasses the Engineering…
Ørsted has completed the divestment of a 50% stake in its 2.9 GW Hornsea 3 offshore wind project in the U.K. to funds managed by Apollo, closing a transaction first announced in November.The deal forms part of Ørsted’s broader funding plan and partnership strategy…
Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…
Aker Solutions has secured a five-year enabling contract extension with ExxonMobil Canada Properties, the operator of the Hebron platform offshore Newfoundland and Labrador.The brownfield maintenance and modification (M&M) contract, valued between $147 million and $245 million…
Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform…
The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…
OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) for two deepwater projects offshore Malaysia…
India’s EPC contractor Larsen & Toubro (L&T) has been hired to deliver High Voltage Direct Current (HVDC) converters in support of the Dutch-German transmission system operator (TSO) TenneT’s 2GW offshore wind grid program in the North Sea.Collaborating with Hitachi Energy…
American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its SnapWind Float, a new design of a semi-submersible-type floating offshore wind turbine.The SnapWind Float is designed for next-generation 15 MW offshore wind turbines…
The consortium between Semco Maritime and PTSC Mechanical & Construction has secured an Engineering, Procurement, and Construction (EPC) contract with Synera Renewable Energy (SRE) to deliver the offshore substation for the Formosa 4 offshore wind farm in Taiwan…
Houston-based company GATE Energy has signed a contract to provide commissioning services for BP’s Kaskida Floating Production Unit (FPU), in close collaboration with Seatrium, the engineering, procurement, and construction (EPC) solutions provider for the project…
Offshore services firm Tekmar has secured a contract, worth more than $10 million, to supply advanced subsea cable protection systems for an offshore energy project in the United Arab Emirates.The contract, awarded by major international Engineering…
Korean Register (KR) has issued an Approval in Principle (AIP) for Samsung Heavy Industries’ (SHI) newly developed SnapWind Float, a next generation floating offshore wind substructure capable of supporting 15MW turbines.As large-scale offshore wind projects continue to expand worldwide…
NextDecade and its partners have reached a final investment decision (FID) on the fourth liquefaction plant, the Train 4, at Rio Grande liquefied natural gas (LNG) export project in Texas, closing financial transactions to fully fund the development and related infrastructure…
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