
Subsea7 has secured a contract worth between $150 million and $300 million with an undisclosed client, with offshore operations to kick start in 2027. Under the contract defined as substantial, Subsea7’s scope includes the engineering and offshore installation of flexible pipe, umbilicals, subsea eq

BG International, an affiliate of UK-headquartered energy major Shell, has taken a final investment decision (FID) to develop a gas discovery in Egypt’s Mediterranean Sea.