Offshore & subsea

The project aims to boost output from Qatar's largest oilfield by developing new platforms, pipelines, and infrastructure to reach a production plateau of 300 000 bpd.

GlobalData has announced the latest updates to its Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the oil and gas sector during H1 2025.

The project adds 20 000 boe/d of gross peak annualised average production at the existing Argos platform.

The transaction between Triton and MacGregor’s previous owner, Hiab (former Cargotec) Corp., was closed on 31 July 2025.

Zelim’s intelligent detection and tracking system has been installed on a second jack-up rig.

The pilot is a result of Oxford Flow’s success as a finalist in ADNOC’s inaugural Decarbonisation Technology Challenge, held in collaboration with AWS, bp, Hub71 and Net Zero Technology Centre, in 2023.

Hunting Subsea Technologies delivers titanium stress joints for a major deepwater project in Guyana.

The dismantled platform, weighing around 4000 t, is the largest ever dismantled and reused in Malaysia, with part of its structure already located on the seabed, where it will serve as a support for the creation of artificial reefs.

CSA will mobilise vessels of opportunity to perform field operations in a range of water depths up to 3000 m and manage multiple Environmental and Social Impact Assessment (ESIA) programs offshore Suriname.

Saipem and Subsea7 have announced that they have entered into a binding merger agreement, on terms and conditions in line with what previously communicated at the time of the signing of the Memorandum of Understanding on 23 February 2025. The merger of Saipem and Subsea7 will create a global leader in energy services.

Aker BP ASA has entered into an agreement with Japex Norge AS to swap a 10% interest in the Aker BP-operated Alve Nord development and a 3.5% interest in the Verdande development.

SLB secures comprehensive carbon storage solutions contract for pioneering CCS infrastructure.

Expected to start up in 2028, the power station will capture up to 2 million tpy of CO2 for permanent storage offshore in the North Sea, representing a major step forward in the UK’s path to net zero.

The award follows Hunting’s maiden contract for the phase two development received in 2024, which is currently under production and will be completed by 2026. Together, the two awards represent c. US$51.6 million of revenue for the Group.

The current agreement, which began in August 2022, will now run until at least August 2027.