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

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

Multi-million dollar win for US firm with ‘major energy company’
Houston-based subsea energy equipment and services specialist Koil Energy Solutions, formerly known as Deep Down, has secured a multi-million dollar contract with what it says is a “major international energy company”. Koil Energy Solutions will deliver engineering, procurement, manufacturing, insta

US oil & gas solutions provider scores $10 million in new contracts
Ocean Edge Services (OES), a U.S.-based service company that provides flexible offshore and onshore solutions to the oil & gas industry, has secured new project awards totaling over $10 million. The batch of the new contracts is for production hydraulic power units (HPUs), subsea distribution equipm

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

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

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

Subsea7 done with pipeline replacement off Brunei for Shell (Photo)
Subsea7 has completed a pipeline replacement project offshore Brunei for oil & natural gas company Brunei Shell Petroleum (BSP), a subsidiary of UK oil major Shell. The Pipeline Replacement Project 8 (PRP-8) involves engineering, procurement, installation, and commissioning (EPIC) of various sizes o

Deal for work on giant Black Sea gas project finds its way to ABL’s worksheet
South-Eastern Europe’s integrated energy player OMV Petrom has selected ABL, part of ABL Group, to provide marine warranty survey (MWS) services for a natural gas project which is said to be the largest one in the Romanian area of the Black Sea.

TechnipFMC orders buoyancy modules for Equinor’s giant UK oil & gas field
Balmoral Group company Balmoral Comtec has won a multi-million-pound contract with TechnipFMC to provide more than 600 buoyancy modules for Equinor’s UK oil & gas field.

Shearwater buys equity stake in Swiss provider of 3D imaging services
The FWI, a seismic data processing technology, enhances subsurface structure visualization, improves reservoir comprehension, and facilitates more efficient survey planning and execution, said Shearwater.

TechnipFMC scoops up work on ExxonMobil’s sixth oil project in Guyanese waters
TechnipFMC has been hired on a large subsea assignment by ExxonMobil for the oil major’s sixth oil development off the coast of Guyana.

Umbilical manufacturer taps CRP Subsea for ‘large’ Australian field
UK-headquartered CRP Subsea has won a contract with what is described as a “leading global umbilical manufacturer” to supply distributed buoyancy modules (DBMs) to a large gas field in the Indian Ocean, offshore Western Australia.

Six North Sea countries put subsea infrastructure security high on the agenda with joint declaration
Six North Sea countries have signed a joint declaration to cooperate on the protection of critical underwater energy and telecommunication infrastructure in the North Sea. At the North Sea Summit held in April 2023, national security advisers from nine countries met to discuss better cooperation on