Production & Processing
Hunting strengthens its subsea arsenal with new acquisition
London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineer
Aquaterra Energy chosen for multi-well intervention and abandonment in Spain
Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a contract with an undisclosed client for well intervention and abandonment services offshore Spain. Aquaterra Energy said that the contract, worth seven figures and encompassing multiple years, will see
Chevron selects Subsea7 for Mediterranean offshore work planned in 2028
U.S. oil & gas company Chevron has awarded Subsea7 with yet another contract, this time for subsea installation activities in the Mediterranean Sea. Subsea7 reported on February 9 that it had been tasked with the transport and installation of approximately 17 kilometers of subsea flowlines and umbil
DOF strikes again with Shell in North America
Norwegian vessel owner DOF Group has secured a contract with Shell, defined as substantial, for the delivery of well intervention services in North America. As part of the contract awarded by Shell Offshore, DOF’s regional subsea team in North America is in charge of project management, engineering,
Pipe producer tightens its grip on giant Black Sea project with double contract win
Tenaris, a Luxembourg-headquartered manufacturer and supplier of steel pipe products and related services, has scored a double win for the third phase of Türkiye’s largest natural gas field development, building on its work on the earlier phases of the project. As part of two contracts secured with
Shell hires Subsea7 for deepwater development offshore Louisiana
Subsea7 has been awarded a contract by Shell for a deepwater development located some 210 kilometers offshore Louisiana in the U.S. The scope of work includes the transportation and installation of a subsea umbilical, riser, and a rigid flowline in water depths of up to 1,650 meters for the Kaikias
McDermott takes on EPCI job at ADNOC’s oil expansion project
McDermott has landed a major assignment, worth between $750 million and $1 billion, for an expansion project designed to boost offshore oil production at a development operated by the United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC).
Subsea work for US Gulf’s oil project drops in KOIL’s lap
Houston-based subsea energy equipment and services specialist KOIL Energy Solutions, formerly Deep Down, has lined up a new deepwater assignment for a hydrocarbon project in the Gulf of America (the U.S. Gulf of Mexico) with an undisclosed oil company.
TotalEnergies, Eni and QatarEnergy enter new exploration permit offshore Lebanon
France’s TotalEnergies, Italian Eni, and QatarEnergy have signed an agreement with the Lebanese government to enter an exploration permit offshore Lebanon. The consortium’s initial work program on Block 8 consists of the acquisition of a 1,200 km2 3D seismic survey, in order to further assess the ar
Aker Solutions cuts workforce and capacity due to lower activity outlook
Norwegian energy services provider Aker Solutions is set to make workforce and capacity cuts as a response to an anticipated decrease in activity levels this year. After several years of record-high workload, Aker Solutions announced yesterday, January 7, that it expects activity levels to decrease
Equinor expands Archer’s scope for P&A of 30 subsea wells
Norwegian state-owned energy company Equinor has awarded oil services company Archer with a multi-year integrated contract covering the plug and abandonment (P&A) of 30 subsea wells, with options for the extension to other such projects across Equinor’s portfolio. The contract builds on the planning
TechnipFMC scores a win with BP offshore US
TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract by BP for a greenfield development in the Gulf of America (the U.S. Gulf of Mexico). The contract for the 20,000 psi (20K) Tiber project has been defined as large, which TechnipFMC says is
Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator
Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a 60-ton subsea modular structure for a Norwegian oil & gas operator. Under the contract defined as major, T12 Engineering will project manage the engineering, procurement, and construction (EPC) o
Readers’ choice: Offshore Energy’s most-read news in 2025
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks