Subsea7 has secured an extension to the contract with Turkish Petroleum Offshore Technology Center (TP-OTC) announced in August 2025 for the third development phase of Türkiye’s largest natural gas field. The variation order announced today, March 4, represents an extension to the contract announced
IKM Testing UK, an integrated solutions provider within the IKM Group, has got hold of a new offshore assignment with Aberdeen-headquartered Dana Petroleum (E&P) for a floating production, storage, and offloading (FPSO) unit working in the UK sector of the North Sea.
Dutch-Norwegian SolarDuck has launched an advisory board to support the integration of its offshore floating solar technology within the carbon capture and storage (CCS) and wider offshore energy sectors. The board will initially consist of two members, including Neil Kavanagh, formerly Chief Scient
Given the large quantities of oil and gas in so-called tight reservoirs on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has shed light on ways to speed up the oil and gas production from tight reservoirs off the coast of N
Norwegian vessel owner DOF Group has placed an order with the UK’s Forum Energy Technologies (FET) which covers the delivery of four new-generation work-class remotely operated vehicles (WROVs). Signed in August 2025, the contract includes the delivery of four XLX EVO III ROVs, scheduled for April,
Sabah Shell Petroleum Company (SSPC), the Malaysian business arm of the UK-headquartered energy giant Shell, has hired Velesto Workover, a subsidiary of Malaysia’s Velesto Energy, to assist during its deepwater activities off the coast of Sabah.
Danish power cable manufacturer and installation firm NKT has signed the firm contract for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, said to be the largest contract for a single cable project in company history. With a va
Subsea7’s Chief Executive Officer (CEO) John Evans will retire as of July after having been with the company for 40 years, and will be succeeded by the current Seaway7 CEO. Evans has worked for Subsea7 and its predecessor companies for 40 years, having previously been Subsea7 COO for 14 years and CE
Brazilian oil and gas company PRIO, formerly known as PetroRio, has picked up an operating license for a subsea tie-back project in the Campos basin off the coast of Brazil.
Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a long-term LNG agreement with Singapore-headquartered Trafigura.
Qatar’s state-owned oil & gas giant QatarEnergy has opted to clamp down on output by cutting off the production flow of liquefied natural gas (LNG) and associated products in the wake of the attack on Iran, which the U.S. and Israel launched over the weekend.
UK-based manufacturer of subsea and power cables JDR Cable Systems, part of TFKable Group, has appointed former UK Trade Commissioner Jonathan Knott CMG to the newly created role of Deputy Chief Executive Officer (CEO). JDR said that the role had been newly created to support the company’s accelerat
Norway’s state-owned energy giant Equinor has wrapped up its investigation into a well control incident that occurred on a semi-submersible rig working in the Norwegian sector of the North Sea. This incident is classified as being in the company’s highest category of severity.
Everllence, formerly MAN Energy Solutions, has signed a cooperation agreement with Brazil’s Vale, a mining company and one of the country’s largest logistics operators, for the development of ethanol as a marine fuel. The partners will work on developing an advanced ethanol-powered engine, based on
