McDermott has been awarded a major contract, worth between $750 million and $1 billion, by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project.The project is located approximately 130 kilometers northwest of Abu Dhabi in the United Arab Emirates.The Nasr-115 Expansion Project is a critical component of the overall Nasr Phase II Full Field Development project expected to increase oil production capacity to 115…
Italy's Saipem has been awarded a new offshore contract worth approximately $425 million by Turkish Petroleum OTC for additional work on the third phase of the Sakarya gas field development in the Turkish sector of the Black Sea.The contract includes 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…
Offshore construction firm Lamprell has secured four engineering, procurement, construction and installation (EPCI) contracts earlier in the Kingdom of Saudi Arabia.Across the four projects, Lamprell’s combined scope includes the installation of new platforms…
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…
Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…
MODEC has been awarded the full engineering, procurement, construction, and installation (EPCI) scope to develop a floating production, storage and offloading (FPSO) vessel for the Hammerhead project in Guyana following a final investment decision (FID) by ExxonMobil…
Italian offshore energy services firm Saipem has received the authorization to proceed with the execution of activities related to the engineering, procurement, construction and installation (EPCI) contract for the development of ExxonMobil's Hammerhead oil field…
Subsea7 has secured a major project under the long-term agreement (LTA) with Aramco that relates to certain facilities located offshore Saudi Arabia.The contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and export pipelines…
China’s Offshore Oil Engineering Company (COOEC) has won two bids from QatarEnergy, worth approximately $4 billion, for work at Bul Hanine offshore oil and gas redevelopment project.Located in the Qatari waters of the Persian Gulf, the project comprises four packages covering new build (greenfield)…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
Van Oord has completed the laying, burial, termination and testing of 109 array cables at the Sofia Offshore Wind Farm. The Sofia project marked the first operational deployment of cable-laying vessel Calypso. Purpose-built to install cables for offshore wind projects worldwide…
Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., locatedin approximately 1,800m of water within the Stabroek Block offshore Guyana.Awarded the contract in 2022…
Subsea 7 today has secured a ‘substantial’ contract offshore Norway, worth between $150 million and $300 million.Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of pipeline bundles, spools, protection covers and tie-ins using key vessels from Subsea7’s fleet…
Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago.For the Ginger EPCI project…
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