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Saipem, Subsea7 Sign Merger Agreement to Form Energy Services Giant

Jul 24, 2025

Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company under the name of Saipem7, which will have a combined backlog of over $50 billion.The binding merger agreement follows the memorandum of understanding the companies signed in February 2025.Completion of the proposed merger is anticipated to take place in the second half of 2026…

Harlyn Solutions Expands Market Scope with New Dutch Base

Jul 25, 2025

U.K.-based logistics and engineering specialist Harlyn Solutions has opened a new office in Rotterdam in the Netherlands, marking a key step in its European expansion strategy aimed at supporting complex energy and infrastructure projects across the continent…

AquaTerra to Provide Asset Integrity Services for BP and Ithaca Energy in North Sea

Jul 24, 2025

AquaTerra Group, an Aberdeenshire-based construction and maintenance firm, has been awarded two multi-year contracts with energy majors BP and Ithaca Energy to provide brownfield asset integrity services across North Sea installations.The contracts…

Subsea7 Secures ‘Substantial’ Offshore Installation Contract

Jul 24, 2025

Energy services firm Subsea7 has secured a substantial contract for offshore installation services, worth up to $300 million.The project involves the engineering and offshore installation of flexible pipe, umbilicals, subsea equipment and a mooring system…

Friede & Goldman Hires Contractor for Semi-Sub Rig Conversion Job

Jul 23, 2025

Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering…

CorPower Ocean Welcomes Two International Strategic Investors

Jul 18, 2025

Swedish wave energy firm CorPower Ocean has secured two new strategic investors - Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT…

Worley Inks FEED Contract for Scottish Floating Wind Farm

Jul 17, 2025

Worley has secured a front-end engineering and design (FEED) contract for onshore substation for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…

Gazelle Wind Power Banks $1.7M for Floating Wind Demonstrator

Jul 16, 2025

Gazelle Wind Power, a Dublin-based floating wind developer, has secured $1.7 million investment through strategic agreement with dstgroup, a Portuguese conglomerate, aimed at advancing floating wind technology and Nau Azul demonstration project off Portugal…

Mooreast Finds Geotechnical Partner for Floating Energy Solutions

Jul 15, 2025

Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…

Empire Energy, Ellevo Set Up Joint Offshore Wind Lifting and Transport Unit

Jul 09, 2025

Empire Energy and Ellevo Group have launched a strategic joint venture for offshore wind lifting and transport consultancy services to meet the evolving demands of the offshore wind industry across the globe.The collaboration combines Empire’s…

Woodside Finds South Korean Partners to Advance LNG Value Chain

Jul 09, 2025

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics…

Equinor Hires Aker Solutions for Norwegian Oil and Gas Tie-In Scheme

Jul 09, 2025

Aker Solutions has secured a contract by Equinor to prepare the topside of Troll C to receive and process the production from the Fram Sør subsea tie-in project in the North Sea.Fram Sør will be developed as a subsea tie-in to Troll C and will…

Subsea7 Gets Work Offshore Egypt

Jul 07, 2025

Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures…

Longitude Lines Up More Work at Shell’s West Delta Deep Concession off Egypt

Jul 03, 2025

Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has secured a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main contractor for the Phase XI…

From Swamp Rigs to Floating Wind: Calvin Norton Reflects on 60 Years of Offshore Engineering

Jun 19, 2025

Calvin Norton spent 60 years with Friede & Goldman, with a career that spans and tracks some of the highest highs and lowest lows in the evolution of offshore energy production. As Norton heads toward retirement, and Friede & Goldman prepares to celebrate its own 80th anniversary…

Current News

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

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Sources say that Asia is increasing its imports of US WTI oil as Middle East oil prices increase.
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