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Outlook & Strategy

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Eni-BP joint venture hires TechnipFMC for another project offshore Angola
Outlook & Strategy

Eni-BP joint venture hires TechnipFMC for another project offshore Angola

Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded TechnipFMC another contract offshore Angola, covering the supply of flexible flowlines and risers. The contract has been awarded for the West Hub Tails project, an extension of the Block 15/06 Agogo Integrated Development

about 1 month ago
UK to get extreme environment center for subsea technology testing
Outlook & Strategy

UK to get extreme environment center for subsea technology testing

A £150 million (around €175.6 million) extreme environment center capable of simulating currents, waves and wind is planned to be built in the UK, enabling the testing of technologies in realistic simulated conditions for the subsea and offshore wind markets, among other things. Being developed by N

about 1 month ago
Prysmian buys Scottish training facility for cable jointers
Outlook & Strategy

Prysmian buys Scottish training facility for cable jointers

Italian cabling company Prysmian has acquired a training facility for high-voltage cable jointers in Scotland, bringing on board over 20 apprentice jointers and experienced training staff. Located in North Ayrshire, the academy will support installation and inspection, maintenance and repair (IMR) o

about 1 month ago
Mermaid Maritime establishes formal US presence
Outlook & Strategy

Mermaid Maritime establishes formal US presence

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited is continuing its geographical expansion journey with the establishment of a formal corporate presence in the U.S. The wholly owned corporate presence in Delaware, with an immediate commercia

about 1 month ago
Fugro’s deepwater ROV services to back drilling activities offshore India
Outlook & Strategy

Fugro’s deepwater ROV services to back drilling activities offshore India

Fugro has secured a three-year contract to deliver remotely operated vehicle (ROV)-based deepwater drill support services for India’s government-owned Oil and Natural Gas Corporation (ONGC). Under the contract secured with Vantage International Management Company, Fugro Survey India will support dri

about 1 month ago
Illustration; Source: KOIL Energy
Outlook & Strategy

KOIL Energy Solutions sets up strategic alliance to fuel growth in Eastern Hemisphere

Houston-based subsea energy equipment and services specialist KOIL Energy Solutions has entered into a strategic alliance with Pipeline Network, a consultancy focused on the oil & gas pipeline services sector, with the aim of expanding its international presence, operational capabilities, and custom

about 1 month ago
Large-scale seismic reimaging project offshore Egypt to cover 34,000 kilometers
Outlook & Strategy

Large-scale seismic reimaging project offshore Egypt to cover 34,000 kilometers

Norwegian TGS has kicked off a large-scale 2D seismic reimaging project covering 34,000 kilometers across offshore Egypt, in partnership with Egyptian Natural Gas Holding Company (EGAS). The EGY-2DRE2026 project will integrate input from the GeoStreamer 2016, 2018 and 2023 surveys, together with oth

about 1 month ago
Acteon’s business secures third contract with Petrobras in less than a year
Outlook & Strategy

Acteon’s business secures third contract with Petrobras in less than a year

Intermoor, Acteon’s Moorings and Anchors business line, has secured its third contract with Brazilian oil & gas giant Petrobras in less than a year, this time for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchor

about 1 month ago
Asso.subsea revealed as buyer of Reach Subsea and Eidesvik’s IMR vessel
Outlook & Strategy

Asso.subsea revealed as buyer of Reach Subsea and Eidesvik’s IMR vessel

Greece’s Asso.subsea has reported it was purchasing the inspection, maintenance and repair (IMR) vessel Viking Reach from the joint venture of Reach Subsea and Eidesvik Offshore, following the sale announcement from earlier today. It was reported today, August 4, that Eidesvik Reach, in which Eidesv

about 1 month ago
New Bourbon vessel enters into service, first contract in India
Outlook & Strategy

New Bourbon vessel enters into service, first contract in India

Bourbon’s new inspection, maintenance, and repair (IMR) vessel has entered into service and is starting its first long-term contract offshore India. Bourbon Evolution 810 has diesel-electric propulsion, is fitted with two active heave-compensated cranes with lifting capacities of 40 and 150 tons, an

about 1 month ago
ExxonMobil picks Sercel technology to support operations offshore Guyana
Outlook & Strategy

ExxonMobil picks Sercel technology to support operations offshore Guyana

ExxonMobil has selected Sercel, Viridien’s sensing and monitoring business line, to deliver a software tool to optimize maritime operations and support pipelay and mooring installation campaigns at a deepwater oil development project offshore Guyana. Under a one-year contract awarded by ExxonMobil G

about 1 month ago
IMR vessel owned by Reach Subsea and Eidesvik finds new owner
Outlook & Strategy

IMR vessel owned by Reach Subsea and Eidesvik finds new owner

Eidesvik Reach, the joint venture of Reach Subsea and Eidesvik Offshore, is selling its 2009-built, 85-meter-long inspection, maintenance and repair (IMR) vessel Viking Reach. The joint venture, in which Eidesvik holds a 50.1% ownership interest and Reach Subsea 49.9%, has entered into a memorandum

about 1 month ago
Noble BlackHornet
Outlook & Strategy

2014-built drillship sports new equipment amid Noble’s upbeat rig market outlook

Noble Corporation, a U.S.-based offshore drilling giant, has fitted one of its drillships with new equipment, reflecting its confidence in a strengthening offshore drilling market and busier years ahead for the global rig fleet.

about 1 month ago
Hellenic Cables earns qualification for 525 kV HVDC XLPE cable systems
Outlook & Strategy

Hellenic Cables earns qualification for 525 kV HVDC XLPE cable systems

Greek Hellenic Cables, the cables segment of Belgium-headquartered Cenergy Holdings, has achieved qualification of its 525 kV HVDC XLPE cable systems for both submarine and underground applications. The qualification covers cable systems designed for continuous operation at 80°C using XLPE insulatio

about 1 month ago
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