Italy’s engineering, drilling, and construction services company Saipem has won a roughly $350 million contract from Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, for subsea work on an offshore development in Angola, adding another major deepwater award to the Italian contractor
Egyptian marine and offshore services provider Petroleum Marine Services (PMS) has brought to an end a major development project in Egypt’s Gulf of Suez, including the installation of an 18-kilometer gas pipeline and upgrades to the asset’s offshore platform, strengthening infrastructure at an offsh
Encomara’s Squid connection system for floating offshore wind has reached Technology Readiness Level 7/8 following inshore trials at Ardersier Port in Scotland, with the American Bureau of Shipping (ABS) recognizing the technology as ready for commercial manufacture at scale.
With three decades under its belt, a giant gas project is getting a new lease of life, as the latest phase of its development begins production ahead of schedule, accelerating the delivery of 55 billion cubic meters (bcm) of gas to Europe.
OEG has secured a contract to provide a subsea corrosion protection system for the 976.5 MW Gennaker offshore wind farm in the German Baltic Sea, developed by Skyborn Renewables. The company will supply an Impressed Current Cathodic Protection (ICCP) system for the wind turbine foundations and is re
Italian startup Sizable Energy has begun testing an offshore energy storage technology designed to store electricity generated by offshore wind farms and other renewable energy sources at the Natural Ocean Engineering Laboratory (NOEL) off the coast of Calabria, Italy. The demonstrator, installed in
Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 have made progress in advancing their proposed business combination with a U.S. antitrust milestone; however, the merger’s fate remains uncertain pending the review of potential offshore market
Føn Energy Services Poland has signed a long-term, multi-million-euro agreement with the joint venture between Orlen Group and Northland Power to provide integrated operations and maintenance (O&M) services for the 1.2 GW Baltic Power offshore wind farm in the Polish Baltic Sea. Under the agreement,
Following contracts awarded to Saipem and TechnipFMC, Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has selected Baker Hughes to deliver subsea production systems for its ultra-deepwater development in Angola. The Greater PAJ project is described as Angola’s first integrated cro
Encomara’s floating wind installation technology, Squid, has received product design assessment (PDA) certification from the American Bureau of Shipping (ABS). The PDA follows an approval in principle (AiP) granted by ABS in November 2025 and moves the system a step closer to commercial deployment,
Alleima, a Sweden-headquartered manufacturer of high-value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating, has picked up a new multimillion-dollar assignment for subsea components that will be used to bring one of Indonesia’s major upcoming
Italy’s engineering, drilling, and construction services giant Saipem has provided an update on the current location of its multipurpose DP3 vessel for heavy lifting and pipe-laying, which is getting ready for its assignment on a natural gas project in the Romanian part of the Black Sea.
UK-headquartered energy giant BP has hired OneSubsea, a joint venture between SLB (formerly Schlumberger), Aker Solutions, and Subsea7, on a subsea boosting quest at its deepwater development in the Gulf of America (U.S. Gulf of Mexico).
Saipem has reported a new achievement in the execution phase of a gas project off the coast of Libya, which is operated by Mellitah Oil & Gas Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa.
