Subsea News

 

Asso.subsea Wraps Up Subsea Cables Installation at French Floating Wind Pilot

Apr 25, 2024

Subsea cable services company Asso.subsea, in partnership with Prysmian Powerlink, has completed the cable installation, burial, and protection operations for the 25 MW Provence Grand Large floating offshore wind project in France.The project…

KOIL Energy Lands Multi-Million-Dollar Subsea Deal

Apr 25, 2024

Houston-based subsea equipment and services specialist Koil Energy has secured a contract for a subsea safety control system from a major international energy company.The multi-million-dollar contract encompasses the engineering, procurement…

Subsea Vessel Market is Full Steam Ahead

Apr 23, 2024

Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…

Argeo Lands Woodside Energy’s Calypso Survey

Apr 23, 2024

Norwegian offshore services company Argeo has signed a contract with Woodside Energy to conduct a geophysical survey for the deepwater Calypso field in Trinidad and Tobago.The autonomous underwater vehicle (AUV) survey work will be carried out by Argeo Searcher vessel…

Mocean Energy’s Blue X Wave Device and Verlume’s Halo Battery Come Ashore

Apr 23, 2024

Mocean Energy’s Blue X wave energy converter, with project partner Verlume’s Halo storage system, have been retrieved to shore after more than 12 months of testing at sea as part of Renewables for Subsea Power (RSP) project.Orkney-based marine…

Ørsted Picks Rovco for Offshore Wind O&M Work in US

Apr 23, 2024

Rovco has signed a framework agreement with Ørsted to provide operations and maintenance (O&M) work on two of the developer’s U.S. sites - Block Island Wind Farm and South Fork Wind Farm. Block Island Wind Farm in Rhode Island was the first offshore wind farm in the U…

PXGEO Acquires Modus Subsea Services

Apr 22, 2024

Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering.Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous…

Nexans and Equinor Cement Partnership with New Agreement

Apr 22, 2024

French subsea power cable maker Nexans and energy company Equinor have strengthened their long-term collaboration with a new four-year contingency and preparedness contract.Nexans and Equinor are extending their collaboration through a four…

Prysmian Appoints New CEO

Apr 19, 2024

Italian cable maker and installation services provider Prysmian has named Massimo Battaini as its new chief executive officer and general manager.The new CEO appointment also marks the entering into force of the new organizational structure…

Subsea7 Wraps Up Pipeline Replacement Work Offshore Brunei

Apr 19, 2024

Subsea7 has completed the Pipeline Replacement Project 8 (PRP-8) offshore Brunei for Brunei Shell Petroleum (BSP).PRP-8 is a turn-key project that involves engineering, procurement, installation, and commissioning (EPIC) of various sizes of flexible flowlines and risers…

ABL Gets Neptun Deep Job for OMV Petrom in Black Sea

Apr 18, 2024

OMV Petrom has appointed global energy and marine consultancy ABL to provide Marine Warranty Survey (MWS) services for the construction of Romania’s Neptun Deep gas field project in the Black Sea.ABL’s London operation has won the contract to provide MWS services to review…

Norway Clears TGS and PGS Merger

Apr 18, 2024

Norwegian seismic firms TGS and PGS have received merger approval from the Norwegian Competition Authority (NCA), brining them one step closer to establish a premier energy data company.The merger between the companies, first announced in September 2023…

DEME Scoops ‘Most Extensive’ Cabling Contract in Its History

Apr 18, 2024

DEME has been awarded two contracts from cable solutions provider Prysmian for the engineering and installation works for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Netherlands, whose combined worth is over $315 million…

Balmoral Comtec Expands Workforce Following Rosebank Win

Apr 17, 2024

Balmoral Comtec, a Balmoral Group company and provider of buoyancy, protection and insulation services to the global offshore energy market, has secured a multi-million-pound contract from TechnipFMC to supply more than 600 buoyancy modules for Equinor’s Rosebank project…

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

Apr 17, 2024

India’s Oil and Natural Gas Corporation (ONGC) has awarded pre-FEED/FEED contract for Cluster-1 Development, located in Krishna Godavari (KG) Basin in the Bay of Bengal to Nauvata Energy Transition (NET Enterprise) and PERC Engineering.The contract encompasses concept study…

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India Defends Propping Up Russ

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