Subsea News

 

Petrofac Bags $50M Contract Renewal with Ithaca Energy in North Sea

Sep 22, 2025

Provider of services to the global energy industry Petrofac has extended its work in the U.K.’s North Sea with a two-year contract renewal from Ithaca Energy, valued at $50 million.Under the integrated services contract, Petrofac, who has supported Ithaca Energy since 2011…

Shearwater Gets Seismic Job for Indian Oil Firm

Sep 22, 2025

Shearwater Geoservices has secured a seven-month streamer contract by Oil India, starting in the fourth quarter of 2025.The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet.The project covers the Mahanadi and…

Viridien, TGS Wrap Up OBN Survey in Gulf of America

Sep 19, 2025

French seismic firm Viridien, in collaboration with Norway’s TGS, has completed the acquisition of the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The latest phase spans 151 OCS blocks and expands…

TGS Kicks Off Second Phase of Equatorial Margin Survey off Brazil

Sep 18, 2025

Energy data and intelligence firm TGS has started PAMA Phase II 3D multi-client survey in the Equatorial Margin area offshore Brazil.The first phase covered 19,343 square kilometers and more than 25 future exploration blocks within the Pará-Maranhao Basin…

OneSubsea Picks Innovex for Manufacture and Supply of Wellhead Systems

Sep 17, 2025

OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has named Innovex as its exclusive manufacturer and supplier of wellhead systems.Under the terms of the agreement, OneSubsea will transition its subsea wellhead supply strategy…

Brownfield Output Decline Accelerates, says IEA

Sep 16, 2025

The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat…

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

Sep 16, 2025

Aquaterra Energy, a leader in offshore engineering solutions, has secured multiple offshore analysis contracts with INPEX Masela, a subsidiary of INPEX Corporation, to support the upcoming subsea drilling campaigns offshore Indonesia.Under the contract…

PRIO to Start Wahoo FPSO Subsea Works, First Oil March-April 2026

Sep 16, 2025

Brazilian oil and gas firm PRIO has secured the installation license from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for the Wahoo field production development system and interconnection of the wells to the Frade floating production…

Intermoor, Jumbo Offshore form Alliance for O&G, Floating Wind Sectors

Sep 15, 2025

Intermoor, Acteon’s Moorings and Anchors business line, and Jumbo Offshore, an offshore transportation and installation specialist, have entered into strategic alliance aimed at jointly delivering fully integrated project management, engineering…

NKT Emerges as Preferred Bidder for UK HVDC Interconnector

Sep 15, 2025

Danish power cable maker and services provider NKT has been selected as the preferred bidder to deliver the 525 kV high-voltage direct current (HVDC) power cable system for Eastern Green Link 3 (EGL3), a major interconnector project linking Scotland and England…

‘Major Deal’ Offshore Saudi Arabia Boosts Subsea7’s Contract Backlog

Sep 15, 2025

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…

Hellenic Cables Gets Subsea Interconnection Job in Greece

Sep 12, 2025

Hellenic Cables, the cables segment of Cenergy Holdings, has signed a turnkey contract with the Independent Power Transmission Operator (IPTO) for the design, supply, and installation of a 150kV composite cable system interconnecting Igoumenitsa and Corfu in Greece…

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Sep 12, 2025

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)…

Accelerator Targets Subsea AI Development

Sep 11, 2025

Subsea software-as-a-service provider Elementz Digital has announced a new accelerator program for subsea AI development.The program is backed by Elementz Digital’s strategic advisory board which was formed in May this year and includes representatives…

Baker Hughes to Supply Subsea Systems for Türkiye’s Sakarya Gas Field

Sep 11, 2025

Energy technology company Baker Hughes has secured a contract by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for Sakarya Gas Field Phase 3 in Black Sea…

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