Singapore-headquartered Aster, a provider of energy, chemical, and infrastructure solutions in Southeast Asia, has awarded contracts to Allseas and DOF Group, as well as other partners, for engineering and rejuvenation of direct tanker-to-refinery crude oil transfer infrastructure. Aster is investin
Italy’s engineering, drilling, and construction services giant Saipem has received the green light to move forward with its multimillion-dollar assignment on an offshore oil project in the Stabroek block off the coast of Guyana from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobi
Norwegian state-owned energy giant Equinor has kicked off the next phase of its subsea compression quest in the Norwegian Sea to up the gas recovery ante at its asset off the coast of Norway.
TechnipFMC has tucked under its belt a new multimillion-dollar subsea assignment, which will enable it to help ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, to bring to life an offshore oil project in Guyana’s Stabroek block.
Given its dedication to curbing the decline in gas production over the coming years, the Norwegian Offshore Directorate (NOD) has given its seal of approval for a new gas export solution, delivering another path for gas exports from a platform in the North Sea, which enhances Norway’s energy securit
Norway’s state-owned energy giant Equinor has awarded a contract to French cable systems designer and manufacturer Nexans for the delivery of new electrical umbilicals to replace cables that have been operational for over 25 years at its field in the Norwegian Sea. Nexans is scheduled to deliver the
TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, a
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has named Innovex International, a Houston-based company established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, as its exclusive manufacturer and supplier of wellhead systems. As part of the agreemen
Subsea7 has secured a new project with Saudi Arabia’s energy giant Aramco under their long-term agreement (LTA), covering pipeline work and topside modification. Subsea7’s contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and exp
French provider of tubular solutions Vallourec has signed a long-term agreement with Brazilian oil & gas giant Petrobras for the supply of oil country tubular goods (OCTG) that could generate total revenue of up to $1 billion. Following a competitive bidding process, Vallourec has been selected to s
U.S.-headquartered energy technology company Baker Hughes has secured a contract to deliver subsea production and intelligent completion systems for the third phase of Türkiye’s largest natural gas field. Under the contract awarded by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technolog
Italy’s Saipem has secured more work at Türkiye’s largest natural gas field as part of a new offshore contract worth approximately $1.5 billion. Under the new contract awarded by Turkish Petroleum Offshore Technology Center (TP-OTC), Saipem will deliver the engineering, procurement, construction and
ZTT Submarine Cable & System (ZTTSC) has delivered the first batch of 500 kV three-core AC submarine cables for the Yangjiang Fanshi II Offshore Wind Farm in China. According to the company, the production process integrated smart manufacturing lines, industrial robots, smart warehousing, and AI-bas
U.S. offshore engineering and construction player McDermott has secured an offshore subsea contract with PTTEP Sabah Oil Limited (PTTEP) for a gas field expansion project offshore Malaysia. McDermott is in charge of the engineering, procurement, construction and installation (EPCI) services for a ca
