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Offshore & subsea

 

Subsea7 awarded contract in the US

Subsea7 has announced the award of a sizeable contract by Shell Offshore Inc. for the Sparta deepwater development in the US.

 

Aquaterra Energy secures multi-million-dollar well intervention contract with Intrepid Energy in Nigeria

Aquaterra Energy, a leader in offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. Aquaterra Energy’s turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production.

 
 
 
 
 
 
 
 
 
 

Saipem announces agreement in principle for merger with Subsea7

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.