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Illustration; Source: ADES
Subsea

Ten big consolidation moves across rig, oil & gas, and shipping spheres

As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their plac

about 9 months ago
Offshore Energy Recap 2024
Subsea

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

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about 9 months ago
Saipem tasked with more work at Türkiye's largest natural gas field under $425M contract
Subsea

Saipem tasked with more work at Türkiye’s largest natural gas field under $425M contract

Italy’s Saipem has secured additional work at the largest natural gas field in Türkiye as part of a new contract with Turkish Petroleum Offshore Technology Center (TP-OTC) worth approximately $425 million. The contract has been secured for the extension of the third phase of the Sakarya gas field de

about 9 months ago
Saipem secures two contracts with Saudi Arabia’s Aramco worth $600M
Subsea

Saipem secures two contracts with Saudi Arabia’s Aramco worth $600M

Italy’s Saipem has secured two offshore contracts in Saudi Arabia worth approximately $600 million under its existing long-term agreement with the country’s energy heavyweight Aramco. The first contract release purchase order (CRPO) covers the engineering, procurement, construction, and installation

about 9 months ago
Nexans sets world record by installing power cable 2,150 meters under water
Subsea

Nexans sets world record by installing power cable 2,150 meters under water

France-headquartered cable systems designer and manufacturer Nexans has set a new world record in the subsea cable industry by installing a 500 kV HVDC power cable at a depth of 2,150 meters. Nexans reported it had achieved this milestone on the Tyrrhenian Link, described as one of Italy’s most sign

about 9 months ago
Seaway Aimery leaves US to work on UK offshore wind project
Subsea

Seaway Aimery leaves US to work on UK offshore wind project

Cable-laying vessel (CLV) Seaway Aimery is on its way from the U.S. to Europe for work that the vessel has scheduled on the East Anglia Three offshore wind farm in the UK. According to a Notice to Mariners from the East Anglia Three project, inter-array cable installation is set to commence around J

about 9 months ago
Skandi Commander
Subsea

DOF’s RSV to kick off $150M contract with Petrobras in January 2027

Norway’s DOF Group has signed a four-year contract with Brazilian oil & gas giant Petrobras for a remotely operated vehicle support vessel (RSV), an announcement that comes after six four-year RSV contract awards as part of the same competitive tender process. The contract for the 2007-built Skandi

about 9 months ago
Ireland-Wales interconnector officially marked as priority energy infrastructure project
Subsea

Ireland-Wales interconnector officially marked as priority energy infrastructure project

MaresConnect, a 750 MW electricity interconnector that will link Ireland and Wales, has been included in the EU’s second list of Projects of Common/Mutual Interest (PCI/PMI), confirming its status as a priority energy infrastructure project. According to developer MaresConnect Limited, owned by Fore

about 9 months ago
Fugro’s Blue Essence USV performs its first remote survey offshore Germany
Subsea

Fugro’s Blue Essence USV performs its first remote survey offshore Germany

The Blue Essence uncrewed surface vessel (USV) owned by the Netherlands-headquartered Fugro has completed its first remote survey in German waters. The 12-meter-long USV delivered the work in collaboration with TenneT Germany. The J-Tube inspection was controlled entirely from Fugro’s onshore remote

about 10 months ago
UK-Slovenian partnership targets seabed data
Subsea

UK-Slovenian partnership targets seabed data

UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combin

about 10 months ago
Helix to go on P&A duty in UK North Sea in 2026
Subsea

Helix to go on P&A duty in UK North Sea in 2026

U.S.-headquartered offshore energy services provider Helix Energy Solutions has secured a multi-year contract for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the UK North Sea. The award came from a “major operator”, as Helix said, and includes the flushing and disconn

about 10 months ago
Prysmian and Eni to recycle plastic cable scrap
Subsea

Prysmian and Eni to recycle plastic cable scrap

Italian cabling giant Prysmian and Versalis, the chemical subsidiary of Italian energy giant Eni, have established a strategic partnership to give new life to plastic cable scrap through an innovative chemical recycling process. Srinivas Siripurapu, Chief Sustainability, Innovation and R&D Officer a

about 10 months ago
TenneT selects NjordIC for Doordewind UXO consultancy work
Subsea

TenneT selects NjordIC for Doordewind UXO consultancy work

NjordIC has been awarded the UXO consultancy services contract for the Doordewind 1 & 2 grid connection system, commissioned by TenneT and forming part of TenneT’s offshore HVDC program supporting the Netherlands’ ambition to deliver 21 GW of offshore wind capacity. Under the contract, NjordIC will

about 10 months ago
DOF lands work in the Atlantic, secures multi-year North America contract with Shell
Subsea

DOF lands work in the Atlantic, secures multi-year North America contract with Shell

Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, as well as a multi-year contract in the North America region for Shell. The contracts in the Atlantic region have a combined value of over $60 million, excluding optional work, and will be executed primarily u

about 10 months ago