“Two decades later, we’re proud to be one of Shell’s chosen contractors to take part in the completion of this field’s life cycle.”
A planned joint venture - between three of the energy services sectors biggest players -has been cleared by all regulatory bodies.
Project partners behind the Salamander floating wind farm have signed an exclusivity agreement with Crown Estate Scotland following success in the INTOG leasing round.
Subsea7 has secured a major award covering deepwater subsea work for an unnamed client, with offshore activity set to begin in mid-2025.
Analysts at investment banking group Jeffries expects subsea and offshore contract awards to rise by 10% through 2022, despite quarterly declines early in the year.
Strohm, the world’s leading manufacturer of thermoplastic composite pipe (TCP), has received a circa EUR 25 million Convertible Loan from its shareholders as it strengthens its position for low carbon energy transition activities and renewables.
A new pay deal has been agreed which covers around 1,000 workers who are part of North Sea diving crews.
There was fresh hope last night that new owners will be found to continue the work of a world-leading Highland subsea training centre that went into administration earlier this month.
The boss of Subsea 7 has said the fundamental long-term outlook for deepwater subsea field developments remains intact despite the company reporting $702million lower revenue in the third quarter of 2015 compared to the same period 12 months ago.
The UK energy sector’s attempts to pull itself out of the mire are being hindered by a lack of collaboration, urgency, and boldness, industry leaders said at Europe’s largest subsea event yesterday.