Subsea News


Petrofac Scoops $500M Worth of Contracts So Far in 2025

Apr 01, 2025

Oilfield services provider Petrofac, through its Asset Solutions division, has been awarded a collection of scope expansions and new contracts in the first quarter of 2025, totaling $500 million.The awards – which realize growth in Asset Solutions’ core markets and target growth geographies…

TGS Kicks Off New Multi-Client OBN Project in Gulf of America

Apr 01, 2025

TGS, a global provider of energy data and intelligence, has launched a new multi-client ultra long offset ocean bottom node (OBN) data acquisition campaign in the Gulf of America.The Amendment 4 project will expand node coverage in TGS' multi-client library…

Woodside Hires SLB for Trion Ultra-Deepwater Drilling Job off Mexico

Mar 31, 2025

Global energy technology company SLB has secured a major drilling contract by Australian oil and gas operator Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.SLB will oversee the delivery of 18 ultra-deepwater…

Subsea7 Hooks Equinor’s Deal for CCS Work off Norway

Mar 31, 2025

Offshore energy services firm Subsea7 has signed a contract with Equinor to act as a technical service provider (TSP) for the Northern Lights Phase 2 carbon capture and storage (CCS) project, offshore Norway.Subsea7’s scope includes engineering…

Bardex Corporation, Gabriel Engineering Partner Up for Floating Wind Moorings

Mar 28, 2025

Bardex Corporation and Gabriel Engineering Group have signed a memorandum of understanding (MoU) to collaborate on anchor, mooring, and precision-component technologies for floating offshore wind.The partnership will investigate development of a U…

Equinor Picks Team for Multi-Well P&A Ops Off Norway

Mar 28, 2025

Equinor has awarded a three-year contract for well plugging on its operated fields on the Norwegian continental shelf (NCS) to Island Drilling for its Island Innovator semi-submersible rig, and hired Archer and Baker Hughes to provide plugging services…

Equinor, Shell, TotalEnergies Invest $712M for Northern Lights CCS Expansion

Mar 27, 2025

Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights carbon capture and storage (CCS) development.The decision was made after signing a commercial agreement with Stockholm Exergi to transport and store 900…

Aquaterra Energy to Deliver Well Intervention Equipment off Nigeria

Mar 27, 2025

Offshore engineering solutions firm Aquaterra Energy has secured a multi-million-dollar contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.Aquaterra Energy will…

Japanese Industry Partners Team Up for Floating Wind Commercialization

Mar 27, 2025

Kanadevia Corporation, Taisei Corporation, and Mitsui O.S.K. Lines (MOL) have signed a memorandum of understanding (MoU) to collaborate on the commercialization of floating offshore wind power generation.Kanadevia and Taisei, which specialize in construction and fabrication of floating foundations…

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Mar 27, 2025

India’s EPC contractor Larsen & Toubro (L&T) has secured its largest-ever contract, worth over $1.8 billion, from QatarEnergy LNG for work on the expansion of the North Field, one of the largest natural gas fields the world.The contract is for…

BP Trinidad and Tobago: Ginger Gets Green Light, Frangipani Delivers Gas Find

Mar 27, 2025

BP Trinidad and Tobago has taken the final investment decision (FID) for the Ginger gas development offshore Trinidad and Tobago, while marking the exploration success at its Frangipani well.Taking FID on Ginger and discovering gas at Frangipani…

Shell Selects McDermott for Engineering and Procurement Services

Mar 26, 2025

McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT).The EFA has a duration of three years with two one-year optional extensions…

Van Oord Picks Contractor for Ecowende Cable Termination and Testing

Mar 26, 2025

SPIE Global Services Energy, through its SPIE Wind Connect, has secured a contract with Van Oord for the termination and testing of inter-array cables on the Ecowende offshore wind farm.The project scope involves the termination and testing of 52…

Nexans to Supply Subsea Cables for Three French Offshore Wind Farms

Mar 25, 2025

Nexans has secured a framework agreement with Réseau de Transport d'Électricité (RTE) for the design, manufacturing, and supply of HVDC cables, which will be used to connect three offshore wind farms to the French transmission network.The framework agreement covers the supply…

OPT to Deliver AI-Driven PowerBuoy to US Customer

Mar 24, 2025

Ocean Power Technologies (OPT) has secured a contract for an AI-capable PowerBuoy for an immediate delivery in the United States.This contract enables the future integration of surface and subsea sensors, and the buoy will be deployed on the East Coast…

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India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

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