Equinor has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle an assignment related to the next stage of its operated oil field off the coast of Brazil.
Swedish Export Credit Corporation (SEK), a state-owned company that finances Swedish exporters, their subcontractor, and foreign customers, has agreed a €800 million loan facility with National Grid Electricity Transmission to fund a portion of what is said to be the UK’s largest-ever electricity tr
TechnipFMC and Vår Energi have struck a deal related to the model that will be used to bring to life future subsea developments in the Gjøa area in the North Sea, off the coast of Norway.
Rosenxt UK, part of Swiss technology group Rosenxt Holding, has acquired selected assets and talent from subsea robotics and engineering firm Beam, which ceased operations earlier this year. Beam, formed by the merger of UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst in
The hull of Nexans’ new cable-laying vessel (CLV) has arrived at Ulstein Verft in Norway, marking the start of its outfitting and completion phase. Based on an ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an updated version o
Norwegian oil and gas company OKEA has begun its three-well hydrocarbon exploration drilling campaign in the North Sea off the Norwegian coast, with the spudding of the first well.
Belgian GeoXYZ will be kicking off site investigations this month for a 750 MW electricity interconnector that will link Ireland and Wales. The MaresConnect interconnector will comprise a cable route of approximately 245 kilometers under the sea and underground between Dublin in Ireland and Bodelwyd
Shelf Drilling (SHLF) has got hold of a long-term contract extension for one of its jack-up rigs, enabling the unit to stay longer in Italian waters with Eni, the country’s energy giant.
Two energy giants, U.S.-headquartered ExxonMobil and Qatar’s QatarEnergy, have made a new gas find off the coast of Cyprus, using a drillship owned by Valaris, an offshore drilling contractor.
Ithaca Energy, a North Sea oil and gas operator and producer, has expanded its upstream portfolio with the acquisition of JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX).
U.S. offshore engineering and construction player McDermott has secured a contract defined as sizeable with Brazilian oil & gas player Brava Energia for the transport and installation of flexible pipelines, umbilicals and associated subsea equipment offshore Brazil. Under the contract worth between
ADNOC has tucked a new construction milestone under its belt with the load-out and transport of the first jacket for its multibillion-dollar giant sour gas development, which aims to become the world’s first project to operate with net-zero emissions.
As its existing Chief Operating Officer (COO) is ready to retire, London-based independent upstream player Viaro Energy has revealed the name of the new COO, who will step into the role next month.
U.S.-headquartered energy technology giant Baker Hughes and Danish gas distribution operator Evida have established a partnership to collaborate on developing and enabling CO2 transport solutions across Denmark to back the country’s CO2 reduction goals. The strategic collaboration agreement, signed
