Subsea News


Floating Offshore Wind: Attention Turns Subsea for Power Transport

Dec 28, 2021

From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. Over the past year, expectations…

Chevron Taps InterMoor for SPM Removal in Thailand

Dec 20, 2021

InterMoor, Acteon’s moorings and anchors subsidiary, has been awarded a contract with Chevron in Thailand for the disconnection and removal of Single Point Mooring (SPM) Buoy 1 and 2 in the Gulf of Thailand.InterMoor will provide project management…

Beach Energy Awards Thylacine Field Deal to DOF Subsea

Dec 17, 2021

Offshore vessel owner DOF Subsea Australia has secured a contract with oil and gas company Beach Energy for the Otway Offshore Phase 5 - transport and installation project in Australia.'After collecting all permanent equipment from vendors and transportation to the offshore site…

Woodside Taps Schlumberger, Subsea 7 for Scarborough Pipelines, Production Systems

Dec 17, 2021

Subsea Integration Alliance, a partnership between Schlumberger and Subsea 7, has secured a contract with Australia's Woodside for the delivery of subsea pipelines and production systems for the Scarborough gas project offshore Australia.The multi-billion-dollar Scarborough gas field development…

Expro Reels in $50M Worth of Subsea Contracts in Malaysia, Australia

Nov 29, 2021

Oilfield services firm Expro said Monday it had secured four 'significant' subsea well access contracts in Malaysia and Australia worth more than $50 million. Two contracts are in Australia and two in Malaysia. One contract is with Shell in Malaysia…

Helix Energy Solutions Nets Offshore Decommissioning Deal in New Zealand

Nov 22, 2021

Houston-based offshore services firm Helix Energy Solutions has won a 5-well complete abandonment project by New Zealand’s Ministry of Business, Innovation & Employment (MBIE).Helix Energy Solutions will deploy its Helix Q7000 semi-submersible vessel and 10K Intervention Riser System (IRS)…

ADNOC Weighs IPO of Logistics, Marine Services, and Shipping Unit

Nov 22, 2021

State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.ADNOC Logistics & Services (ADNOC…

Hiber Brings Satellite Well-integrity Monitoring Tech to Middle East

Nov 16, 2021

Hiber, a company that describes itself as the satellite-enabled IoT scale-up, is bringing its HiberHilo remote well-integrity monitoring technology in the Middle East to assist oil and gas operators in the region in monitoring their remote wells via satellite connectivity…

Saipem Nets $600M+ Worth of Offshore Installation Deals in Australia, Turkey

Nov 15, 2021

Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…

Aker Solutions to Deliver Subsea Umbilical for Chevron's J-IC Project Off Australia

Nov 08, 2021

Norwegian offshore energy equipment supplier Aker Solutions has won more work at Chevron's Jansz-Io subsea gas compression development, offshore Australia.After it in July secured a contract to deliver the subsea compression system for the project…

A Seismic Shift

Oct 28, 2021

Despite oil prices recently edging past $80 a barrel, scars from two recent oil industry downturns in five years have forced offshore seismic surveyors to look at ways to diversify.Marine seismic survey companies provide essential data to offshore…

Santos Could Store CO2 from Barossa Field in Depleted Bayu Undan Reservoir

Oct 22, 2021

East Timor wants to press ahead with plans for a carbon capture and storage (CCS) project in a depleted oil and gas field off its coast as it races to fill a multi-billion dollar revenue hole starting in late 2023 when the field dries up.The…

Oil Search Taps MMA Offshore for Diving Inspection Services in PNG

Oct 22, 2021

Australian offshore vessel operator MMA Offshore has secured a contract with Oil Search Limited in Papua New Guinea.The contract is for the provision of diving inspection services. 'The works will leverage the successful working relationship between MMA and Oil Search…

Mermaid Subsea Services Buys 50% Stake in Offshore Construction Vessel Millennium 3

Oct 18, 2021

Thai-based offshore services company Mermaid Subsea Services has agreed to buy a 50% ownership share in the Millennium 3 offshore construction vessel from PT David Marine for $16 million.The Millennium 3 is a DP2 construction support vessel…

Beach Energy Hires Wood for Trefoil Development FEED (Australia)

Oct 13, 2021

Wood, a UK-based provider of consultancy and engineering services to the international offshore energy industry, has secured two Front End Engineering and Design (FEED) contracts to support Beach Energy’s Trefoil field development opportunity in the Bass Basin…

Current News

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Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

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CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

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

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MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

EnerMech Names APAC Regional Chief

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

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