Oilfield services firm Subsea 7 has announced a multi-million pound deal for a North Sea German offshore wind project.
Subsea 7 has warned of “significant headwinds” from the dual impact of the coronavirus and plummet in oil price.
An offshore worker trapped in Ghana has accused bosses of placing him in a “dangerous situation” and not acting quickly enough to get him home to his disabled son.
As prices have plunged, interest in short selling of oil companies has increased.
Subsea 7 has announced the award of new contracts off the coast of Australia and the US Gulf of Mexico.
Subsea 7 has sank to a loss due to ‘weaknesses’ and reduced activity in the renewables and heavy lift markets.
Some supply chain bosses may have come into 2020 hoping it would be the year when they finally get rewarded for surviving five years of low rates and cost-cutting.
Boskalis Subsea is once again aiming to boost its north-east workforce, just a year after unveiling new offices in Westhill.
On the face of it, the UK-based subsea sector appears to be faring reasonably well. This is despite lingering impacts from the 2014-17 oil and gas slump, mounting pressures from the climate change crisis and major geopolitical forces at work.
Equinor has dished out feed contracts for phase one of the Bacalhau (formerly Carcara) area in Brazil.
Growth of the offshore energy market looks set to be hampered by a looming shortage of competent construction vessel capacity.
Subsea Expo 2020, set to be the biggest in the event’s 15-year history, has today announced its programme of speakers for the conference which will see 70 industry professionals take to the stage at P&J Live on 11-13 February 2020.
Australia’s Woodside Energy has approved the 100,000 barrel per day Sangomar project, offshore Senegal, launching agreements with suppliers and putting the field on course to begin production in 2023.
Subsea 7 has confirmed changes to its executive management team, with John Evans now in place as chief executive.
Subsea 7 today announced the award of a contract with Chevron in the Gulf of Mexico.
Subsea 7 has announced it has secured a "sizable" contract with Cnooc International in the South China Sea.
Aker Solutions and Subsea 7 will deliver the second phase of the Aerfugl project off Norway for Aker BP.
When you think about the energy sector in Scotland your mind instinctively stirs up images of North Sea oil rigs and the ports of the country’s most north-easterly corner.
Subsea 7 has today confirmed a multi-million deal with Australian liquefied natural gas (LNG) producer Woodside for the second phase of its Julimar-Brunello project.
Saipem SpA is considering a combination with rival Subsea 7 SA to create a larger European oil services provider, people with knowledge of the matter said.
Subsea 7's boss said today that the energy service company was "well-positioned" for its next chapter despite a third-quarter decrease in profits.
Norwegian energy giant Equinor has announced more than £270 million in contracts for its Hywind Tampen floating wind project.
Stunning footage has been captured of a critically endangered shark swimming at a gas field in the UK North Sea.
Energy service firm Subsea 7 has won a contract worth tens of millions of pounds for Shell’s Pierce depressurisation project in the UK North Sea.
Subsea 7 has taken over Norwegian energy services and technology firm 4Subsea in a 100% stock buyout.