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 ...

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 ...

Business Strategy and Outlook 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 ...

A collaborative venture brings renewable wave power, flexible energy storage and energy technology on an electrifying journey to the bottom of the sea. In August 2023, an alliance of technology ...

CEO Erik Wiik highlighted a significant revenue increase to $6 million in Q4, marking a 14% sequential rise and a 48% year-over-year improvement. Full-year 2024 revenue reached $23 million, a 48% ...

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 ...

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 ...

While the Western Isles connection project will include installation of 81 km of subsea cable, the Spittal to Peterhead connection comprises of a 150 km subsea cable. SSEN Transmission has signed ...

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 ...

Norwegian offshore supply vessel operator DOF Group has secured contracts for two subsea construction projects which will be executed with its Skandi Implementer subsea vessel. Skandi Implementer, ...