Production & Processing
Subsea7 filling in 2026 offshore agenda with Aramco and Shell contracts
Subsea7 has secured two contracts, one with Saudi Arabia’s energy heavyweight Aramco and the other with UK energy giant Shell, for the delivery of subsea infrastructure in Saudi Arabia and the Gulf of Mexico. The long-term agreement with Aramco is seen as substantial, meaning it is worth between $15
Subsea7 orders steel pipes from Greek company for two North Sea projects
Greece-based Corinth Pipeworks, the steel pipe segment of Belgian Cenergy Holdings, has secured two contracts with Subsea7 for work in the North Sea. According to the company, the projects, Bestla in Norway and Bittern in the UK, further solidify its strong geographical presence in the region and un
JDR Cable Systems hired by Ørsted for 2.9 GW offshore wind farm
Ørsted has awarded several contracts totaling between £75 million and £100 million to companies in the north of England to provide components for the 2.9 GW Hornsea 3 offshore wind farm. JDR Cable Systems, Severfield, and Smulders, all based in the north of England, will produce integral components
Subsea7 secures multi-million subsea tieback project in US Gulf of Mexico
Luxembourg-based Subsea7 has been awarded a “substantial” contract from Beacon Offshore Energy for a subsea tieback development in the U.S. Gulf of Mexico, with the deal valued between $150 million and $300 million. According to Subsea7, the scope of work encompasses engineering, procurement, constr
Industry majors launch ‘world’s first’ on-demand OBN production plant
SENAI CIMATEC, in partnership with Shell Brasil, Petrobras, and Sonardyne, has inaugurated the world’s first production plant for on-demand ocean bottom nodes (OD OBN), a seismic technology poised to revolutionize oil reservoir management, particularly in Brazil’s pre-salt region. Located at SENAI C
TechnipFMC slots first subsea piece into Guyanese waters for ExxonMobil’s fifth oil project
TechnipFMC has put the first equipment part of a subsea production system in place for an oil development at the Stabroek block off the coast of Guyana, which ExxonMobil Guyana Limited, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, operates.
One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam
The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto
Allseas installs pipeline for ‘flagship’ Dutch North Sea gas development
Allseas has completed the pipeline installation and post-lay activities for what is said to be a flagship project in the Dutch North Sea led by the Netherlands-based exploration and production player ONE-Dyas. Under a contract secured at the beginning of 2023, Allseas was in charge of the transport
Under $1.9B contract, Saipem joins TechnipFMC at TotalEnergies’ oil project in Suriname
After news that TechnipFMC had secured a $1 billion contract for the project, Saipem has reported a $1.9 billion win for TotalEnergies’ GranMorgu oil development offshore Suriname. Saipem has secured an engineering, procurement, construction, and installation (EPCI) contract by TotalEnergies EP Suri
TechnipFMC wins contract worth over $1 billion for recently sanctioned oil project in Suriname
UK-headquartered energy technology provider TechnipFMC has secured a contract it describes as major for an oil project offshore Suriname for which France’s TotalEnergies recently reached the final investment decision (FID). TechnipFMC has been awarded an integrated engineering, procurement, construc
‘Largest ever’ vessel-based UK North Sea decommissioning campaign wraps up, Mermaid Subsea reports
Mermaid Subsea Services (UK) has performed what it says is the largest vessel-based UK North Sea decommissioning campaign ever. The project included the plugging and abandonment (P&A) of 21 wells spread across the Northern and Central North Sea over a duration of two years, carried out on behalf of
ADNOC Drilling-Alpha Dhabi JV buying US downhole visualization company for $45 million
A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak
Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf
Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, is extending its subsea construction capabilities into the Middle East with the award of a maiden contract in the Arabian Gulf. POSH has secured a subsea umbilicals, risers and flow
Scana’s PSW Technology to stay with international rig company for two more years
Scana-owned PSW Technology, a Norwegian provider of services and solutions to the drilling industry, has renewed a frame agreement with what it says is an international rig company. The framework agreement includes subsea services and will commence in the first quarter of 2025, extending for a perio