Norway, the world’s top market for subsea tie-back projects in coming years, is facing an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, a Rystad Energy report reveals…
Hellenic Cables has completed cable manufacturing and loading for shipment, as part of the contract with the U.S. renewables firm Dominion Energy for the partial supply of inter-array cables for the Coastal Virginia Offshore Wind (CVOW) commercial project…
Prysmian Group entered into a Limited Notice to Proceed (LNTP) for the supply of power cables in the context of a landmark HVDC submarine cable project in the Middle East, worth around $252m. The LNTP was awarded to Prysmian by Samsung C&T as part of its EPC consortium with Jan De Nul Group…
Oilfield services firm TechnipFMC has secured a contract to build and install a subsea production system at Equinor’s Smørbukk Nord development, offshore Norway.The contract covers a high-pressure, high-temperature subsea production system and…
Norway-based offshore vessel owner DOF Subsea has secured a contract extension for the Skandi Acergy construction support vessel. It has also won a new contract in Trinidad and Tobago for the Skandi Constructor vessel.For the Skandi Acergy,…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has said it has secured an order worth 656.1 billion KRW ($553,4 million) from Chevron to build an offshore facility for the Jansz-Io gas field development offshore Australia…
The Great Lakes Dredge & Dock Company's new Jones Act-compliant Subsea Rock Installation Vessel, the first such ship to enter the U.S. market, is to be built to ABS Class by Philly Shipyard, Inc, ABS said Thursday.The vessel will transport and strategically deposit loads of up to 20…
Shell's plan for seismic testing on South Africa's Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country's energy minister said in a letter to parliament…
UKI-based offshore well plugging and abandonment specialist Well-Safe Solutions has appointed Mark Davison as the company’s Subsurface Team Lead, as the company expands the breadth of its service offering to include all aspects of subsurface plug and abandonment (P&A) design…
Offshore installation company DEME has agreed to acquire Eidesvik's DP3 offshore installation vessel ‘Viking Neptun’. 'Representing a substantial investment, this move highlights DEME’s commitment to its customers, and supports the continued growth of the offshore wind industry…
Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project…
Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…
Aberdeen-based subsea battery developer EC-OG has made the first commercial delivery of its Halo subsea battery storage system. The lithium-ion-based device will be part of 'a world-first autonomous offshore power sea trial' in Q1 2022 at the US Navy Wave Energy Test Site…
The Nord Stream 2 pipeline, which is to transport Russian gas to Germany, could get approved in the middle of the year, the CEO of one of the project's financial backers told a newspaper.The pipeline, led by Russia's Gazprom, has been completed…
The finalists for the 2022 Subsea Expo awards, a UK-based subsea-focused exhibition and conference, have been announced.The awards ceremony, organized by the Global Underwater Hub, will take place on February 23, 2022, at P&J Live in Aberdeen…
Subscribe
