Offshore & subsea

Innovex has announced the signing of a strategic Frame Agreement with SLB OneSubsea, for the supply of subsea wellhead systems.

Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a Memorandum of Understanding (MoU). The proposed combination is expected to create a global leader in energy services.

Global oil and gas contract value remains stable despite volume decline in 4Q24, reveals GlobalData.

Xodus secures contract to support one of Japan’s first large-scale CCS projects.

Strohm and UNITECH Offshore combine expertise to deliver enhanced pipeline solutions.

The new wells are expected to produce approximately 7 million barrels of condensate.

SBM Offshore has announced the signature of a study with Petrobras for the application of Carbon Capture Modules on FPSOs.

Svanehøj to supply CO2 pumps for the onshore facility and the first LCO2 carrier for Project Greensand.

McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24.

Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Saipem, to support the marine transportation and installation (T&I) operations relating to Libya’s Bouri Gas Utilisation Project (BGUP).

The award leverages the existing strategic subsea partnership agreement between the two companies for standardised subsea equipment, supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf (NCS).

The contract scope includes drilling services for development and exploration wells over a three-year period.

Tracerco announces huge contract wins – including the company’s biggest-ever project.

Projects will span across UK North Sea, Trinidad and Tobago, Gulf of Mexico and others.

Subsea7 has announced the award of a sizeable contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair and maintenance (IRM) services for the Sakarya gas field development in the Black Sea.