Subsea7 has reported revenue of $1.6 billion for the third quarter of the year, an increase of $174 million or 12% compared to the same period in 2022, mainly due to significantly increased activity in the Subsea and Conventional business unit. With this, the company said it was on track to meet gui
Three Japanese companies have signed a key principles agreement (KPA) with Petronas for the maturation and development of a carbon capture and storage (CCS) project offshore Malaysia, aiming for commercialization by the end of 2028. Japan Petroleum Exploration (JAPEX), JGC Holdings Corporation (JGC
Subsea 7 has secured what it says is a “sizeable” contract by Shell for the decommissioning of subsea infrastructure offshore Brazil. The contract will see Subsea 7 deliver the decommissioning of subsea infrastructure associated with the FPSO Fluminense in the Bijupirá and Salema fields of the Campo
Marine survey contractor Argeo has formally signed the contracts with Kongsberg for the purchase of three Hugin autonomous underwater vehicles (AUVs). In September Argeo announced the purchase of three new AUVs from Kongsberg, two Hugin Superiors and one Hugin 6000. The contracts for all three vehic
Terna Energy has been granted one out of the two first exploration and survey licenses issued for pilot offshore wind projects in Greece. The two licenses refer to the area south of the coastline of the Evros regional unit and northeast of Samothrace that has been defined as a development area for p
Ignitis Renewables has awarded Fugro a contract to conduct a geophysical survey at Lithuania’s first offshore wind farm site. In October, Ignitis Renewables, together with Ocean Winds, was confirmed as the winner of Lithuania’s first offshore wind tender after the joint venture was selected in the a
Oceaneering has secured an inspection, maintenance, and repair (IMR) and survey contract with a “major” Australian energy company, said to represent the company’s first survey scope in Australia. Oceaneering will mobilize in mid-November to carry out IMR and survey work scopes that include the provi
Malaysia’s state-owned energy giant Petronas has started a new multi-client 2D seismic survey in the Langkasuka Basin offshore Malaysia to explore and map the hydrocarbon potential. The survey was launched in October in the northern area of the Straits of Melaka in the open blocks of PM320 and PM321
Buchan Offshore Wind, a consortium comprising BayWa r.e., Elicio, and BW Ideol, has completed offshore site investigations for the 1 GW floating wind farm in Scotland. Ocean Infinity, who commenced the surveying process for Buchan Offshore Wind in April this year, used the Normand Superior vessel to
Netherlands-headquartered N-Sea is strengthening its fleet and subsea activities with a 2012-built offshore support vessel. N-Sea Group entered into an agreement with Rederij Groen to long-term charter the Dutch-flagged vessel 4-WINDS. The company said that with the long-term charter, it was strengt
Beach Energy has submitted an environment plan for geophysical and geotechnical seabed surveys off the coast of Australia.
Fugro has finished the fieldwork for an environmental and geophysical survey offshore Namibia, which was ordered by Galp.
Preparatory survey work on four new floating offshore wind farms has been completed in the North Sea. Geophysical survey work was completed on BlueFloatEnergy and Renantis Partnership’s ScotWind projects, namely the 900 MW Broadshore project, located 50 kilometers north of Fraserburgh, and the 1.2 G
MMA Offshore has acquired a 2016-built multi-purpose support vessel from Australia’s Guardian Offshore. The Offshore Solution is a European-built, 54-meter DP-2 multi-purpose support vessel fitted with two deck cranes, dual moon pools and accommodation for 42 people. According to MMA, it is suitable
