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Production & Processing

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SLB OneSubsea's new contract takes it to Equinor's all-electric subsea project
Production & Processing

SLB OneSubsea’s new contract takes it to Equinor’s all-electric subsea project

SLB has secured a contract with Norwegian state-owned energy giant Equinor under which it is set to deliver the front-end engineering design (FEED) for an all-electric subsea project in Norway’s waters. As part of the agreement, SLB will deliver the FEED of a 12-well, all-electric subsea production

about 2 years ago
Ocean Installer picked for major subsea scope at Equinor's large North Sea oil & gas field
Production & Processing
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Ocean Installer picked for major subsea scope at Equinor’s large oil & gas field

Norwegian state-owned energy company Equinor has awarded compatriot Ocean Installer with an engineering, procurement, construction and installation (EPCI) contract to deliver a subsea scope for its huge oil and natural gas field in the Norwegian sector of the North Sea. Equinor and its partners have

about 2 years ago
Elia awards HVAC contracts for world’s first energy island
Production & Processing

Elia awards HVAC contracts for world’s first energy island

Belgium’s transmission system operator (TSO) Elia has awarded contracts to several companies for high-voltage alternating current (HVAC) components of Princess Elisabeth Island, the world’s first energy island.

about 2 years ago
More North Sea work comes along to Subsea7
Production & Processing

More North Sea work comes along to Subsea7

UK-headquartered oil and gas company Dana Petroleum has awarded Subsea7 with a contract to deliver subsea services at a field development located in the UK Central North Sea. The Bittern oil and gas field, located in Blocks 29/1a and 29/1b, was discovered in 1996 and has been developed through five

about 2 years ago
Fenris jacket, Source: Aker BP
Production & Processing

Aker BP laying the groundwork to install 100 km of offshore pipelines at North Sea project

Norwegian oil and gas player Aker BP is set on undertaking six offshore campaigns to install almost 100 km of pipelines this summer at its development project in the Norwegian sector of the North Sea.

about 2 years ago
Cable production kicks off for TenneT’s 2 GW grid connection projects
Production & Processing

Cable production kicks off for TenneT’s 2 GW grid connection projects

The production of TenneT’s new cables that can transmit up to 2 GW of offshore wind capacity has started at LS Cable in Donghae, South Korea. The new cables with a voltage of 525 kV make it possible to transmit 2 GW of direct current (DC) over long distances with low losses, said the Dutch-German [&

about 2 years ago
Expro finalizes purchase of UK well construction and intervention services provider
Production & Processing

Expro finalizes purchase of UK well construction and intervention services provider

Energy services provider Expro has completed the acquisition of Scotland-based Coretrax, a provider of performance drilling tools and wellbore cleanup, well integrity, and production optimization solutions. The acquisition, from an investment group led by Buckthorn Partners, is expected to enable Ex

about 2 years ago
Subsea7 and OneSubsea get more work for 'one of Türkiye's largest energy projects'
Production & Processing

Subsea7 and OneSubsea get more work for ‘one of Türkiye’s largest energy projects’

Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium

about 2 years ago
accelerate the subsea tieback delivery to aging platforms
Production & Processing

OKEA appoints Subsea7 and SLB to ‘accelerate subsea tieback delivery to aging platforms’

Following a recent long-term strategic agreement with Norway’s state-owned energy giant Equinor, SLB OneSubsea and Subsea7’s Subsea Integration Alliance has secured a contract with Norwegian oil & gas company OKEA for its North Sea field. The “sizeable” integrated engineering, procurement, construct

about 2 years ago
Saipem's underwater drone hits milestone with six-month-long uninterrupted operations
Production & Processing

Saipem’s underwater drone hits milestone with six-month-long uninterrupted operations

Saipem’s Hydrone-R underwater intervention drone has achieved uninterrupted subsea operations for nearly six months, performing remotely operated works and autonomous missions on Equinor’s Njord oil and gas field offshore Norway. The Hydrone-R, whose operations are fully supervised from Saipem’s ons

about 2 years ago
Aker BP seeks to simplify subsea ops with ROCS order
Production & Processing

Aker BP seeks to simplify subsea ops with ROCS order

Norwegian oil and gas player Aker BP has awarded compatriot subsea technology company Optime Subsea with a contract to develop and deliver multiple remotely operated controls systems (ROCS) for use on the Norwegian continental shelf (NCS). Aker BP has placed an order with Optime Subsea for the renta

about 2 years ago
ExxonMobil taps French pipe supplier for its sixth oil development off Guyana
Production & Processing

ExxonMobil taps French pipe supplier for its sixth oil development off Guyana

French provider of tubular solutions Vallourec has secured a contract with ExxonMobil to deliver pipe for a deepwater oil development located offshore Guyana. The contract for the deepwater Whiptail project represents the fourth major order in the framework of the long-term agreement (LTA) signed in

about 2 years ago
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
Production & Processing

Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c

about 2 years ago
Equinor and Nexans extend long-term relationship with four-year agreement
Production & Processing

Equinor and Nexans extend long-term relationship with four-year agreement

Designer and manufacturer of cable systems Nexans and Norwegian state-owned energy giant Equinor have expanded their long-standing relationship with a four-year contingency and preparedness contract. The long-term collaboration between the two companies is extended through a four-year agreement that

about 2 years ago