Norwegian shipbuilder Vard has completed the upgrades on Island Offshore’s well intervention vessel Island Wellsaver.The extensive upgrade and maintenance operation project for the Island Wellsaver vessel included the replacement of the remotely operated vehicle (ROV) system…
Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will…
JDR Cable Systems (JDR), part of the TFKable Group, has secured a contract from Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, to assist with offshore umbilical testing in the Middle East.The work will see JDR test 14…
McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.Under the contract scope…
Rosenxt UK, part of Switzerland-based Rosenxt Holding, has acquired selected assets and talent from subsea robotics and engineering firm Beam, which went into administration in May.The strategic move enhances Rosenxt’s subsea capabilities, reinforcing…
Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures…
Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has secured a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main contractor for the Phase XI…
Equinor and its partners have approved the $1.29 billion (NOK 13 billion) investment in the third phase of Johan Sverdrup field, which entails the installation new subsea infrastructure to increase recovery by 40 - 50 million barrels of oil equivalent (boe)…
Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The contracts, once signed, will commence in the fourth quarter of 2025 and span four years with potential one-year extensions…
Shell has brought on stream the new phase of Ormen Lange field in the Norwegian Sea, bolstering production and adding important gas volumes to Europe.The Ormen Lange phase III project consists of two subsea compression stations with the objective of increasing field recovery from 75% to 85%…
Subsea technology and services provider Ashtead Technology has entered into a strategic collaboration with Ocean Science Consulting (OSC) to streamline the delivery of environmental monitoring, mitigation solutions and compliance services across the global offshore energy sector…
Equinor and its Fram partners will invest over $2 billion in a new subsea development, dubbed Fram Sør project, to put more oil and gas resources on stream by connecting the new infrastructure to the existing facilities at Fram and Troll area…
SLB has secured an engineering, procurement and construction (EPC) contract by Equinor, acting as Technical Service Provider, to its OneSubsea joint venture for a CO2 subsea injection system for the Northern Lights phase two project offshore Norway…
Maritime Developments (MDL) has supported Saipem’s work in West Africa by providing specialist equipment and operational support for two recent flex-lay campaigns offshore Ivory Coast, Senegal and Mauritania.The two scopes awarded to MDL entailed…
Hydromea, a leader in high-speed wireless subsea optical communication, and Blue Logic, a pioneer in underwater inductive power and data transfer, have announced a strategic partnership they say will revolutionize wireless subsea communications…