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Production & Processing

New framework agreement with ConocoPhillips takes Subsea7 to Norway

Subsea7 has secured a contract with U.S. energy giant ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project in Norwegian waters. The Previously Produced Fields (PPF) are located in the Greater Ekofisk Area, approximately 290 k

about 1 year ago

ADNOC secures exclusive rights for 'critical tech' for oil & gas well completions

Production & Processing

ADNOC secures exclusive rights to ‘critical tech for completing oil & gas wells’

UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a strategic agreement with Tubacex through which it has secured exclusive rights to use the Spanish company’s tubular joint connection technology, seen as “critical for completing oil & gas wells”. The companies have signed a strategic agreemen

about 1 year ago

Illustration; Source: North Sea Transition Authority (NSTA)

Production & Processing

NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage

The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,

about 1 year ago

Swiss set up firm with Timor-Leste to develop 250-kilometer natural gas pipeline

Production & Processing

Swiss set up firm with Timor-Leste govt to develop 250-kilometer natural gas pipeline

Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra

about 1 year ago

SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership.

Production & Processing

SLB rolls out electric completions tech to reduce well intervention needs

U.S.-headquartered technology player SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership. According to SLB, the Electris system enables digital control of the full p

about 1 year ago

Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to supply a metrology and control system for the pre-piling template (PPT) at Taiwan’s F

Production & Processing

Seatools to deliver subsea metrology and control system for Fengmiao 1 offshore wind farm

Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to supply a metrology and control system for the pre-piling template (PPT) at Taiwan’s Fengmiao 1 offshore wind project. According to Seatools, the wind farm will use jacket-type foundatio

about 1 year ago

Production & Processing

Another $1.25B win for Subsea7 at Petrobras’ deepwater field

Subsea7 has secured a contract worth over $1.25 billion with Brazilian oil & gas giant Petrobras for a field located at 2,000 meters of water depth off the coast of Rio de Janeiro. Under the contract defined as “super-major”, Subsea7’s scope includes engineering, procurement, fabrication, installati

about 1 year ago

Production & Processing

After Algeria and Brazil, Vallourec going to Kuwait

French provider of tubular solutions Vallourec has secured a contract with Kuwait Oil Company (KOC) for the supply of oil country tubular goods (OCTG) for drilling operations. The contract is seen as major and represents over $130 million in potential revenue. The agreement includes the supply of ca

about 1 year ago

CRP wins contract with Shell for deepwater development offshore Houston

Production & Processing

CRP Subsea wins contract with Shell for deepwater development offshore Houston

UK-headquartered CRP Subsea, part of AIS, has won a contract with Shell for the supply of crushable foam wrap (CFW) for a deepwater development located offshore Houston in the Gulf of Mexico/America. The initial order for the Whale development is for one well-set, with additional orders for four mor

about 1 year ago

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

Production & Processing

Subsea7, SLB OneSubsea expand collaboration with BP to Trinidad and Tobago

Subsea Integration Alliance, a strategic alliance between SLB OneSubsea and Subsea7, has secured an engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger natural gas project offshore Trinidad and Tobago. Subsea7 will supply a diver-installed tie-in system, fle

about 1 year ago

Production & Processing

‘Largest US subsea cable factory’ breaks ground

Construction work on LS Cable & System’s manufacturing facility for high-voltage direct current (HVDC) subsea cables in Virginia, the U.S., has started. LS Cable & System announced that its U.S. subsidiary, LS GreenLink, had held a groundbreaking ceremony for what the company says will be the larges

about 1 year ago

Production & Processing

UK issues carbon storage permits for CCS project in Liverpool Bay

The UK’s North Sea Transition Authority (NSTA) has issued three carbon storage permits to Italy’s oil & gas giant Eni for the HyNet carbon capture and storage (CCS) project in Liverpool Bay, enabling the development of a 109 million tonne CO2 storage system over 25 years. According to NSTA, this mar

about 1 year ago

Production & Processing

UK CCS project enters construction phase with financial close now secured

Italy’s oil & gas giant Eni has reached financial close with the UK Government for a carbon capture and storage (CCS) project in northern England, now free to move to the construction phase. Eni announced today, April 24, that it had reached financial close with the Department of Energy Security and

about 1 year ago

Production & Processing

Fugro to conduct surveys for Equinor’s stalled $12B oil project off Canada

Dutch geo-data specialist Fugro has won a contract to perform surveys for an oil project located off the coast of Newfoundland and Labrador being developed by Norwegian state-owned energy firm Equinor. In its financial results for the first quarter of 2025, issued today, April 24, Fugro reported tha

about 1 year ago