U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a manufacturing contract with an international offshore installation company.The scope of work includes engineering, procurement, and fabrication of major…
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…
The holiday season would not feel complete without festive greetings from offshore industry companies - and once again, they have delivered.While most of us are busy wrapping presents, planning family dinners, and counting down the days to the New Year…
French cable maker Nexans has set a new world record in the subsea power cable industry after installing a 500 kV high-voltage direct current (HVDC) subsea cable at a depth of 2,150 meters on Italy’s Tyrrhenian Link project.The installation…
Throughout 2025 we have seen the subsea vessel market transitioning from a period of record highs towards a more cautious, but still fundamentally strong, outlook. While short-term activity and rates have softened in the latter part of the year…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…
Subsea7 has secured a sizeable extension of an existing frame agreement by Equinor for subsea inspection, maintenance and repair services using the vessel Seven Viking.The extension continues a frame agreement first signed in 2018 and runs through the end of 2027…
Asset protection technology and offshore energy services provider Tekmar Group has signed a contract worth over $9 million from an existing engineering, procurement and construction customer for a major U.K. offshore wind project.The AIM-listed…
Subsea engineering company TechnipFMC has won a substantial engineering, procurement, construction and installation contract from Italy’s Eni for the Coral North floating liquefied natural gas (FLNG) development offshore Mozambique.The contract covers subsea scope for Coral North…
Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September…
Ocean services provider DeepOcean has secured a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi.The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years…
Subsea7 has secured a contract from Chevron Australia for subsea installation work on the Gorgon Stage 3 (GS3) project, offshore Australia.Subsea7’s scope of work includes project management, engineering, procurement, fabrication, transportation…
TechnipFMC has been awarded a significant contract by Chevron to supply Subsea 2.0 production systems for the Gorgon Stage 3 brownfield project in Australia.The contract introduces the first seven-inch series of TechnipFMC’s Subsea 2.0 horizontal…
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…
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