Kongsberg Maritime has signed a contract for the design and equip two multi-purpose subsea vessels for Olympic Group, which will be methanol-ready and feature battery hybrid technology.The UT7623 Sustainable Energy Vessels (SEVs) are the first…
Techano Oceanlift has secured a contract by Sefine Shipyard to deliver an offshore crane to a newbuild construction support vessel (CSV) that the Turkish shipyard is building for a strategic partnership between Agalas, Eidesvik and Reach Subsea…
Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater development off Malaysia.The Phase 4 production is flowing to the existing Gumusut…
Norwegian shipbuilder Vard has marked the start of construction of Island Offshore’s hybrid power ocean energy construction vessel (OECV) at its shipyard in Romania.Vard secured the order for the vessel, named Island Evolution, from Island Offshore back in May 2024…
Forum Energy Technologies' (FET) Subsea Product Line has signed a contract for the sale of an electric Sub Atlantic Super Mohawk II remotely operated vehicle (ROV) and Dynacon Launch and Recovery (LARS) system to a North American subsea organization…
McDermott has completed the engineering, procurement, construction, installation, and commissioning (EPCIC) activities at Shell’s deepwater Whale development in the Gulf of Mexico, which started production through new platform in January 2025…
U.S. firm Koil Energy Solutions and Norway-based SubseaDesign have formed a strategic alliance to accelerate advancements in subsea technology.Both companies provide specialty products and services for subsea projects. Driven by the rising demand…
Tampnet, a Norway-based provider of offshore connectivity services, has secured a fibre optic project and long-term service contract for fibre connectivity at Woodside’s Trion deepwater field in the Gulf of Mexico.The fibre-based connectivity to shore for Trion will enable remote operations…
Houston-based subsea equipment and services provider for oil and gas sector Koil Energy has established a new technology center for manufacturing and service support in Macaé, marking its expansion into Brazil.Macaé is generally considered to…
Oslo-listed energy service group Subsea 7, which plans to merge with Italian rival Saipem, said on Thursday its core profit rose 53% last year, in line with its previous guidance.Subsea 7 and Saipem announced on Sunday a plan to create a leading…
The U.S. Treasury, via the Office of Foreign Assets Control (OFAC), has extended a license for Serica Energy to operate the Rhum field in the North Sea, 50% owned by Iran's national oil company, for two more years.The OFAC license and secondary sanctions assurance relating to the Rhum field…
Navantia UK, a subsidiary of Spanish shipbuilder Navantia, has secured a contract from McDermott Trinidad for the manufacture of subsea structures for a project in Trinidad and Tobago.The year-long contract will see the company deliver critical subsea components from its Arnish facility…
Orkney-based marine services firm Green Marine UK has announced a seven-figure capital investment in a new Subsea Services Department targeting the U.K.’s offshore wind sector.The company expansion, boosted by financial backing from HIE (Highlands and Islands Enterprise)…
Subsea cable services company Asso.subsea has introduced the Marine Technology Business Unit, a strategic initiative dedicated to shipbuilding, innovation and sustainability in offshore energy.The new unit marks a significant milestone in the…
Eidesvik Offshore, Agalas, and Reach Subsea have partnered up to build a new construction support vessel (CSV) for subsea and offshore renewables operations.The new CSV will have similar specifications as the vessel Eidesvik currently has under…
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