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Subsea news

 

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.

 
 
 

Subsea7 awarded contract offshore Türkiye

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.

 
 
 
 
 

DeepOcean and Exceed partner for vessel-based P&A

Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.