McDermott has won an EPC project after completing FEED services for a booster compression module for Inpex’s Ichthys LNG project.
Statnett has reported record revenue of nearly NOK 3 billion (around $331.8 million) so far from interconnectors to other countries which will be passed on to Norwegian consumers through a reduction in grid tariffs.
Subsea 7 has reported a revenue of $1.45 billion for the third quarter of 2021, up 53% year-on-year, said to be driven by the very high utilization of the active fleet.
ADNOC has awarded two engineering, procurement, and construction (contracts totalling $1.46 billion for the Dalma Gas Development Project.
Correll Group has secured a contract with Asso.subsea to carry out the export cable pull-in at the Kaskasi II offshore wind project in Germany.
Aker Solutions has secured a contract with Petrobras to provide a subsea production system and related services for the Mero 4 project offshore Brazil.
Cyprus-headquartered seismic firm SeaBird Exploration has received a letter of intent (LoI) for the extension of the ongoing 2D survey in the Asia Pacific region.
CRP Subsea has made a large-scale investment in a new manufacturing facility to support its transition from primarily oil & gas into the renewables market.
Offshore geotechnical engineering and drilling company Geoquip Marine has issued its response to allegations made by the American Offshore Marine Service Association (OMSA) that the company’s integrated geotechnical survey vessel (IGSV) Geoquip Saentis is working in contravention of the Jones Act.
Seismic surveyor PXGEO has secured a contract to carry out of 3D towed streamer project in Egypt for an undisclosed client.
Offshore Wind Consultants (OWC) has secured a contract with DP Energy to carry out geophysical and geotechnical site characterization at the potential 1 GW Inis Ealga Marine Energy Park (IEMEP) floating offshore wind project in Ireland.
Reach Subsea has entered into an agreement with Olympic Subsea for the extension of contracts for two subsea vessels and a new contract for one vessel for the 2022 season.
Ocean Power Technologies (OPT) has acquired California-based developer and manufacturer of autonomous surface vehicles (ASVs) Marine Advanced Robotics.
The market for offshore wind farm cables is set to grow six-fold over the course of this decade, according to a new report published by RenewableUK. The global market for subsea power cables is divided between array cables which run between the turbines of an offshore wind farm connecting them to th
