TechnipFMC has reported full-year inbound orders of $8.1 billion for 2022, a 20 per cent increase compared to 2021, said to be driven by $6.7 billion in orders from the Subsea segment. In Q4 2022, the total company revenue was $1,694.4 million, with an adjusted EBITDA, which excludes pre-tax charges
Subsea 7 has secured a contract extension with Brazilian oil and gas giant Petrobras for one of its pipelay support vessels (PLSVs). The agreement extends the existing contract for Seven Cruzeiro from February until November this year. Daniel Hiller, Vice President Brazil at Subsea 7, said: “This ex
Scana-owned PSW Technology has entered into an agreement with an undisclosed international subsea customer for deep-water blowout preventer (BOP) stack services.
Offshore construction will soon continue on the South Fork offshore wind project in New York with the installation of the project’s 68-nautical mile (about 126 kilometres) submarine cable to kick off in early 2023. The work installing South Fork Wind’s submarine cable involves six stages: seabed pre
Offshore Energy Exhibition & Conference (OEEC) 2023, Europe’s premier meeting point for the offshore energy sector, has opened the floorplan for this year’s event. In 2023, as in the years before, OEEC will bring together professionals from oil & gas, offshore wind, floating wind, marine energy, hyd
Oceaneering, a Norwegian subsidiary of Texas-headquartered Oceaneering International, and Havfram-owned company Kontiki Winds are teaming up on microgrid electrification projects using floating wind turbines to power offshore oil and gas assets and remote island states. Under a Memorandum of Underst
Chevron Mediterranean Limited has awarded Corinth Pipeworks with a contract to deliver approximately 155 kilometers of steel pipes for a gas field optimization development in the Southeastern Mediterranean. Under the contract, the Greek company will manufacture and supply approximately 155 kilometer
Maersk Supply Service has inked a deal with TechnipFMC for the comprehensive towing and mooring campaign of Petrobras’s project off Brazil.
Transmission system operators (TSOs) GASCADE and Fluxys have submitted an application with the European Commission for the AquaDuctus project, a North Sea offshore pipeline for green hydrogen produced using electricity from offshore wind farms, to be declared Project of Common Interest (PCI). AquaDu
Italian oilfield services provider Saipem has secured two contracts, one in Brazil and one in Norway, for a total amount of approximately $900 million. The first contract was secured with TotalEnergies in partnership with Aker Solutions do Brasil for the Lapa South-West development project, a deepwa
DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server. DeepOcean is chartering the MPSV from Stavanger-based shipowner Simon Møkster Shipping, who will upgrade the vessel to include battery power notati
Panduit, a US provider of electrical and network infrastructure solutions, has bought the subsea cable and pipe protection product portfolio and related technologies from South Korea marine manufacturer DongWon EN-Tec (DWE).
Dutch Strohm has secured a second contract with U.S. oil and gas giant ExxonMobil for the delivery of thermoplastic composite pipe (TCP) jumpers for a field development located offshore Guyana. The award, said to mark Strohm’s largest order so far, will see the delivery of more than 24 of the compan
TechnipFMC has secured an engineering, procurement, construction, and installation (EPCI) contract with oil and gas company Wintershall Dea Norge for a gas field located offshore Norway. The contract covers the design, engineering, manufacture, and installation of pipe for the Dvalin North field, wh
