TechnipFMC has been awarded a substantial ($250-500 million) contract by ExxonMobil Guyana Limited to supply subsea production systems for the Hammerhead development in Guyana’s Stabroek Block.TechnipFMC will provide project management, engineering…
DOF Group has secured three new short-term contracts in Brazil.A major oil company with significant presence in Brazil has contracted Skandi Salvador and Geoholm for short-term engagements in the Espirito Santo and Santos Basin.Geoholm has been…
Dutch-based SBM Offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico.The FSO’s name…
MCS Group’s Photo Realistic 3D Cloud (PRC) technology has been deployed in the West Delta Deep Marine (WDDM) gas field development offshore Egypt, improving accuracy and reducing subsea survey time for Burullus Gas Company, a joint venture between…
Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4.The contract terms have been mutually agreed and remain confidential between the parties…
TechnipFMC has secured a significant contract, following a competitive tendering process, for subsea production systems by Petrobras.TechnipFMC will design, engineer, and manufacture subsea production systems to be deployed in an array of greenfield developments…
Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show.In filings submitted on Thursday…
Subsea cable services company Asso.subsea has ordered a next-generation trenching support vessel (TSV) from China Merchants Heavy Industry (CMHI) Shenzhen Shipyard, scheduled for delivery at the end of 2027.The vessel, named Avra, is the second…
Equinor has started production from the Askeladd Vest subsea field in the Barents Sea, contributing to continued high and long-term production of liquefied natural gas (LNG) from the processing plant at Melkøya.Askeladd Vest consists of two…
The European Investment Bank (EIB) has provided $293.4 million (€250 million) in financing to French cable maker and services provider Nexans to support its research, development and innovation programs for 2024-2029, together with some industrial investments…
Offshore energy industry suppliers Ocean Geophysics has partnered with EdgeTech, a specialist in underwater technology solutions, to deliver advanced data processing software for EdgeTech’s newly launched eBOSS (Enhanced Buried Object Scanning System)…
Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…
Belgium-based offshore installation services company DEME has ordered a new Offshore Construction Vessel (OCV), which will be built by PaxOcean at the Zhoushan shipyard in China.The new OCV will strengthen DEME’s subsea cable installation capacity to meet the evolving global offshore wind market…
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…
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…
Subscribe
