Construction.Installation News

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Dec 26, 2025

Vietnam’s PV Drilling has informed that its jack-up rig PV DRILLING IX arrived to Vietnam, after completing a two-month transport voyage from Europe, marking a key milestone ahead of its planned return to drilling operations in 2026.The rig reached Vung Tau on December 25, after travelling 12,855.6 nautical miles, following its departure from Esbjerg in Denmark on October 30, 2025. It was moved via Rotterdam…

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Dec 31, 2025

Italy's Saipem has been awarded a new offshore contract worth approximately $425 million by Turkish Petroleum OTC for additional work on the third phase of the Sakarya gas field development in the Turkish sector of the Black Sea.The contract includes engineering…

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Dec 22, 2025

Italian engineering group Saipem has secured an offshore engineering, procurement, construction and installation contract in Qatar with a total value of about $4 billion, of which its share amounts to approximately $3.1 billion.The contract…

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Dec 17, 2025

Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…

TechnipFMC to Supply Subsea Systems for Eni’s Maha Deepwater Project

Nov 18, 2025

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Eni for the deepwater Maha project offshore Indonesia.The project represents Eni’s first deployment of TechnipFMC’s Subsea 2…

MODEC Forms Dedicated Mooring Solutions Unit

Nov 17, 2025

MODEC has outlined plans merge its wholly owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit.SOFEC, known for its permanent mooring systems and fluid transfer technologies…

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Nov 13, 2025

Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales.The group’s net order book stood at about $12…