Subsea 7 has announced the award of a substantial contract by Cabinda Gulf Oil Company Limited (CABGOC). The contract is for the Sanha Lean Gas Connection (SLGC) project comprising the construction and installation of the […]
Spirit Energy Norway AS has entered into 5-year agreements with three supplier companies. The agreements are a continuation of a new type of supplier collaboration that was started in 2015, and which has contributed to […]
Subsea 7 has announced its newbuild reel-lay vessel Seven Vega has joined the company’s fleet. Phil Simons, Executive Vice President Projects & Operations Subsea 7 says, “We are pleased to add Seven Vega, one of […]
Strohm, manufacturer of thermoplastic composite pipe (TCP), has received a circa EUR 25 million Convertible Loan from its shareholders as it strengthens its position for low carbon energy transition activities and renewables. The investment, which […]
JDR, the global subsea umbilical and cable supplier owned by the TFKable Group, has agreed a new contract with Subsea 7 to supply a 9.3-kilometre production and control umbilical, topside equipment and subsea terminations for […]
It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centres. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to […]
Subsea 7 has announced an agreement with Petrobras to extend by 1 year the current long-term day-rate contracts for three pipelay support vessels (PLSVs) operating offshore Brazil. The extensions have a combined value of approximately […]
Appointed by Subsea 7 for the design, manufacture and delivery of two Thermoplastic Composite Pipe (TCP) Jumpers, Airborne Oil & Gas has made successful inroads into the Western Australia oil and gas industry with its […]
Subsea 7 has announced the award of a sizeable contract for work offshore Trinidad and Tobago. The contract will be recorded in backlog in the third quarter. The contract scope covers the project management, engineering, […]
Global project sanctioning is set for a staggering decline this year of over 75% from 2019 levels, as the COVID-19 epidemic has caused E&P spending to drop much lower than what was expected at the […]
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