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 ...

While overland cables are just as important, the geographic flexibility offered by subsea cables will have a catalytic impact ...

TechnipFMC has secured a contract from Petrobras for subsea production systems following a competitive bidding process. The award has been termed by TechnipFMC as ‘significant’, which it defines as ...

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 ...

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

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% ...

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 ...

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 ...

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, ...

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 ...