Offshore Subsea News - page 3


Eni Sells 10% of Saipem for $420M

Jun 12, 2024

Italian oil giant Eni has completed the sale of 10% of the share capital of Saipem, securing a little over $420 million (€393 million) in proceeds.The settlement of the transaction will take place on June 14, 2024, Eni sad.Following the placement…

OPT Ships First Set of WAM-Vs to Sulmara

Jun 11, 2024

U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) has delivered first set of new unmanned surface vehicles - WAM-Vs - to Sulmara.The delivery marks a contractual milestone and delivered the first set of new unmanned surface vehicles under the previously announced $1…

Shearwater and XOCEAN Team Up for CCS and Offshore Wind Markets

Jun 11, 2024

Marine seismic acquisition firm Shearwater Geoservices and ocean data company XOCEAN have entered strategic collaboration to explore opportunities in carbon capture and storage (CCS) and offshore wind markets.Building on the successful joint delivery of several large data campaigns…

PGS and TGS Clear Final Regulatory Hurdle for Merger Completion

Jun 11, 2024

Norwegian seismic firms TGS and PGS have received approval from the UK Competition and Markets Authority, securing final regulatory approval for the creation of ‘premier’ energy data company.The approval for the merger from the UK Competition…

Viridien Delivers OBN Solution for North Sea Survey

Jun 11, 2024

Viridien, formerly CGG, has sold and delivered a GPR300 ocean bottom nodal solution for a total value of approximately $20 million, which will be deployed on an upcoming seismic survey project in the North Sea.Viriden secured the contract through its Sensing & Monitoring business line…

Baker Hughes Gets Multi-Year P&A Contract from Petrobras for Fields Off Brazil

Jun 10, 2024

U.S. oilfield services giant Baker Hughes has secured a contract from Brazil state-owned oil and gas major Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.The multi-year project…

Fortescue and Jan De Nul to Link North Africa to Europe with Subsea Cables

Jun 10, 2024

Technology and energy company Fortescue has teamed up with Belgian offshore installation services company Belgian Jan De Nul to jointly provide shipping and subsea cable laying services to connect North Africa with Europe.The companies will…

Nexans Acquires Italian Cable Company

Jun 07, 2024

French subsea power cable maker Nexans has completed the acquisition of La Triveneta Cavi, an Italian medium and low-voltage cable company.The acquisition is a significant leap forward in Nexans’ strategy to become an electrification pure player…

Vallourec Reels In Major Petrobras Contract for Tubes and Services Supply

Jun 07, 2024

France-based tubular solutions supplier Vallourec has secured a contract to supply Petrobras with carbon steel tubes and accessories to be used in various offshore development wells, mainly off the Brazilian coastline.Vallourec will supply 1…

Dutch Subsea Services Newcomer Acquires First Vessel

Jun 04, 2024

FreeStar Subsea Services, a Netherlands-based company established by the merger of Vriezoo ROV Services and Mark Offshore, has acquired its first vessel and started operations.The company offers remotely operated vehicle (ROV) and survey support services with its own vessel…

Reach Subsea Secures $47.6M in New Contracts Backlog

Jun 04, 2024

Norwegian subsea services firm Reach Subsea has strengthened its order backlog with $47.6 million worth of new contacts.Reach Subsea has increased its order backlog after securing multiple new contracts, contract extensions and call-offs within…

Two PGS Vessels Kick-Start Surveys Offshore Norway

Jun 03, 2024

Norwegian seismic company PGS has started seismic survey operations in the northern hemisphere, using two Titan-class Ramform vessels and an ultra-high-res 3D spread.PGS’ Ramform Tethys has picked up the reins on the 2024 Norwegian Sea GeoStreamer X survey…

Solstad’s Normand Navigator Boards ROVs Ahead of New Job

May 31, 2024

Solstad Offshore’s Normand Navigator subsea vessel has arrived to Norway for the mobilization of remotely operated vehicles (ROVs) ahead of its new assignment.The mobilization of ROV’s from Omega Subsea Robotics is currently ongoing at Husøy (Karmøy) in Norway…

Saipem Adds Heavy-Lift Pipelay Vessel JSD6000 to Its Fleet

May 31, 2024

Italian offshore energy services firm Saipem has signed a long-term charter contract with Chinese state-owned port and naval machinery manufacturer ZPMC for the JSD6000, a latest generation ship for offshore heavy lifting, construction and pipelaying…

Prysmian Installs Export Cables for Eolmed Floating Wind Farm

May 30, 2024

Italian cable maker and installation services provider Prysmian has completed the installation of export cable for the 30 MW Eolmed floating wind farm, being built offshore France.Prysmian had secured this project in 2021 with a contract signed…

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