Offshore & subsea

The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS.

Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire an FPSO vessel from BW Offshore.

VAALCO Energy, Inc. has announced that it has farmed into the CI-705 block offshore Côte d’Ivoire.

EnerMech awarded pre-commissioning contract for ONE GUYANA FPSO by SBM Offshore.

Expro wins contract supplying tubular running services for landmark carbon capture and storage project

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).