Port of Nigg secures contract for Aker BP Yggdrasil field
Port of Nigg owner Global Energy Group (GEG) has secured a contract from Subsea7 Norway to fabricate subsea spools for a Norwegian North Sea field development.
Subsea 7
Aramco cut hits service companies where it hurts
Aramco’s move to cut investments was, Baker Hughes' Simonelli said, a “temporary aspect”.
Revealed: The 28 firms owed more than £140m by North Sea operator IOG
Administrators appointed by IOG have identified 28 creditors owed money by the troubled North Sea oil and gas firm
Monitoring kicks off at Salamander wind site off Peterhead
The developers of a floating wind scheme off the northeast coast of Scotland have begun gathering wave, wind and weather data at the site.
Seaway7 eyes northeast jobs boost following £370m UKEF-backed loan
Offshore wind installer Seaway7 has secured a £370 million loan to expand its UK business, with 100 new Aberdeenshire jobs promised by the end of the decade.
Subsea 7 snatches Mero-4 from Saipem
“One of our competitors bid pushed the pricing up to a point where probably, our clients thought that they would look at the schedule and the timing and the constraints of that project.”
BP signs agreement with Subsea 7 and SLB ‘alliance’
Oil giant BP (LON: BP) has signed an agreement with SLB (NYSE: SLB) and Subsea 7’s (OSLO: SUBC) "Subsea Alliance" to strengthen its global underwater projects.
Bid to create Aberdeen memorial statue for North Sea divers
Alan Herriot, who sculpted the Robert the Bruce statue in Aberdeen, will design the new memorial to North Sea divers.
Ørsted exec picked to lead Salamander floating wind scheme
Offshore wind ‘heavy hitter’ Hugh Yendole has been appointed as project development director for a major floating scheme off Peterhead.
‘Satisfactory’ results for Subsea 7 as takings trimmed
The chief executive of Subsea 7 (OSLO: SUBC) tempered his excitement as the engineering, construction and services group posted its latest results.
Seaway 7 wins major contract for East Anglia Three – world’s second largest windfarm
The deal, worth between $500m - $750m, is to be carried out from the Seaway 7 Aberdeen and Sutton offices.
Subsea 7 calls off bid for DOF Group after board ‘refuses to engage’
Subsea 7 (OSLO: SUBC) has temporarily paused its pursuit of Norwegian subsea services firm DOF Group (OSLO: DOF).
DOF Group snubs initial takeover approach from Subsea 7
Subsea 7 says that merging with DOF, whose DOF Subsea branch has a base in Aberdeen, would bring significant benefits to shareholders.
Subsea 7 and OneSea Energy awarded £150,000 from Scottish Government for hydrogen efforts
The Scottish Government has awarded Subsea 7 and OneSea Energy £150,000 as part of the Hydrogen Innovation Scheme.
Port of Aberdeen to investigate underwater hydrogen storage
Subsea 7 (OSLO: SUBC) has been awarded work to study whether hydrogen can be stored underwater at the Port of Aberdeen.
BP dishes out subsea work on Egypt’s Raven infill
The alliance will provide engineering, transport and installation of approximately six km of flexible pipes, umbilical and associated subsea structures. The company will carry out the work in water depths of around 800 metres.
Subsea 7’s backlog grows as it is ‘confident’ in cash generation this year
Subsea 7 (OSLO: SUBC) has announced its Q1 results, revealing a growing backlog in work since the beginning of the year.
Highland diver realises dream of dancing at his wedding two years after catching Covid while working in Mexico
A former deep sea diver who almost died from Covid while working in Mexico fulfilled his dream of dancing at his wedding – despite being left with limited mobility after several Covid-induced strokes.
Multiple injured as former subsea industry ship topples in Edinburgh dock
Dozens were injured yesterday after the RV Petrel research ship, formerly known as Subsea 7’s Seven Petrel, toppled while in a dry dock in Edinburgh.
Subsea 7 hails decade-high orders but income stays flat
Subsea 7 (OSLO: SUBC) has hailed order intake of $7bn for 2022, its largest since 2013.
Seaway 7 seals deal for $300m offshore wind cable contract
Seaway 7 (Euronext Growth: SEAW7) has sealed the deal on an offshore wind contract worth over $300 million, following a run of similar awards for Scottish projects such as Seagreen and Moray West.
Sanha on track for Angola LNG as Sarens loads out jacket
SLGC is intended to tackle a projected supply gap at the Angola LNG facility.
‘Unrealistic and unsustainable’ offshore wind contracts condemned
A trade body has hit out at “increasingly unsustainable” contracts in offshore wind, threatening targets for its rollout.
Innovation and the investor in the middle
Innovators have an eye on what problem it is they are trying to solve, but often need someone to help move a concept into execution and scale.
Images: Final jacket delivered for Scotland’s largest offshore wind farm
A major milestone has been hit in the development of Seagreen, Scotland’s largest offshore wind farm.