Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 have made progress in advancing their proposed business combination with a U.S. antitrust milestone; however, the merger’s fate remains uncertain pending the review of potential offshore market
Huisman has been selected to deliver advanced lifting and handling systems for an offshore installation vessel being built for the joint venture (JV) of Norwegian Solstad Offshore and Netherlands-based SBM Offshore. Awarded by CIMC Raffles Offshore, the contract will see Huisman deliver an integrate
Subsea7 has secured a contract with Brunei Shell Petroleum (BSP), a joint venture company between the Brunei government and the UK-headquartered Shell, covering subsea installation for a pipeline replacement project offshore Brunei. Subsea7’s scope of work includes the engineering, procurement, cons
The first of two hybrid power ocean energy construction vessels (OECVs) that Norwegian shipbuilder VARD is building for compatriot shipping group Island Offshore has arrived in Norway from Romania for the final phase of outfitting. Island Offshore placed an order with VARD for the design and constru
Two pipelay support vessels (PLSVs) owned by a joint venture of DOF Group and TechnipFMC have secured long-term contract extensions with Brazil’s oil & gas company Petrobras. Under the contract amendments, Skandi Buzios has been awarded a 516-day extension and Skandi Recife a 550-day extension. Prev
Malaysian offshore soil investigation and geotechnical engineering services company Helms Geomarine has been selected to support Petronas’ carbon capture and storage (CCS) developments in Malaysia. The contract, announced at the end of June, was awarded by PETRONAS CCS Solutions (PCCSS) for an initi
Three vessels owned by Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) have secured new offshore contracts after completing a series of construction support projects said to be beyond their traditional scope. POSH reported on July 30 that its multi-purpose servic
Norwegian Shearwater GeoServices has been tasked with a seismic survey offshore Australia to explore carbon storage potential in the Bonaparte Basin, marking its second carbon capture and storage (CCS)-related survey in this basin. Under the 3D seismic survey contract, the Norwegian firm will deploy
The vessel fleet required for first phase operations of the Northern Lights CO2 project in Norway has been completed with the arrival of the fourth liquefied carbon dioxide (LCO2) carrier from China. Northern Purpose, custom-designed to transport liquefied CO2 as part of the world’s first cross-bord
Canada Pension Plan Investment Board (CPP Investments) and Elia Group, through its international development platform WindGrid, have acquired a subsea interconnector project that will link the UK and Germany from Copenhagen Infrastructure V, managed by Copenhagen Infrastructure Partners (CIP). Appro
Norwegian energy data and intelligence company TGS has secured an ocean bottom node (OBE) contract in the Africa, Mediterranean, and Middle East (AMME) region. The company’s deepwater crew is expected to mobilize in the fourth quarter of the year for the project that has a duration of approximately
Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) has secured a long-term diving services contract in the Arabian Gulf with an undisclosed client. The company’s diving support vessel (DSV) POSH Mallard will be deployed for the work that includes comprehensive satur
Liverpool Bay CCS Limited (LBCCS) has entered into a lease with The Crown Estate for its CO2 transportation and storage project offshore the UK, the country’s first carbon capture and storage (CCS) project to repurpose existing infrastructure. The Liverpool Bay CCS project will operate as the backbo
Italy’s energy giant Eni has continued its contract awards spree for the third phase of its oil & gas development project off the coast of Côte d’Ivoire, with Saipem having been selected for the delivery of rigid pipelines and associated subsea structures. Baleine Phase 3 will increase total field p
