Rystad Energy’s latest report offers an optimistic outlook for the global subsea market, projecting capital investments to surpass $42 billion by 2027. This growth is anticipated to be fueled by ...

Subsea 7 specializes in offshore engineering and construction, in which the firm handles the majority of operations in offshore projects, from design to fabrication and installation to maintenance. It ...

The large Wisting and Bay Du Nord oil projects in Norway and Canada, respectively, are the primary focus of a new agreement between the projects' operator Equinor and two global subsea contracting ...

The global offshore energy industry is undergoing a period of profound transformation. From the deployment of advanced subsea infrastructure to the integration of renewable and low-carbon technologies ...

No-moat-rated Subsea 7 posted solid first-quarter results. Subsea and conventional revenue rose 12% year on year to $1.2 billion, while renewables revenue similarly increased by 12% year on year to ...

BP plc BP, a global energy leader, announced that it has entered into a Memorandum of Understanding (MoU) with Subsea Integration Alliance, a collaboration between Subsea7 and OneSubsea. The MoU was ...

Energy engineering firm Saipem SPA is collaborating with shipbuilder Fincantieri SPA in the field of autonomous subsea vehicles and their integration with surface and underwater units. The two ...

HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (KLNG), a US-based company, and SubseaDesign AS, a Norway-based company, have formed a strategic alliance to accelerate ...

NEW YORK, Aug. 27, 2024 /PRNewswire/ -- Report with market evolution powered by AI- The global subsea production and processing market size is estimated to grow by USD 5.55 billion from 2024-2028, ...

HOS DP2 Innovator ready for 2025 offshore operations, supporting subsea projects, cable installation, research, and construction with advanced capabilities. HOS DP2 Innovator ready for 2025 offshore ...

TechnipFMC plc FTI, a Houston, TX-based oil and gas equipment and services company, recently secured a significant contract from Eni SpA E, an Italian integrated oil and gas firm, for the deepwater ...

TechnipFMC plc FTI, a global leader in subsea technology and services, has secured a substantial contract from Brazil’s integrated oil and gas company Petrobras PBR, valued between $75 million and ...