Offshore & subsea - 13 August 2021

OEM Group has secured a seven-figure contract with PBS.

Brazil alone is expected to contribute approximately 23% or 1.3 million bbl/d of global crude oil and condensate production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 – 2025, according to GlobalData.

Huisman has announced the signing of a contract with DEME for the delivery of a lifting spreader and a set of adaptive damping tugger winches for DEME’s offshore installation vessel Orion.

Fugro has deployed its QuickVision technology as part a subsea installation programme for Gulf of Suez Petroleum Company.