Subsea 7 wins £40million contract for Equinor Northern Lights CCS
Subsea 7 has won a pipeline contract for the Equinor Northern Lights CCS project in Norway.
Subsea 7
Chevron awards Subsea 7 contract for Angola Sanha Lean platform
Subsea 7 has won a contract worth up to $300million for construction of a platform for the Chevron Sanha Lean Gas Connection (SLGC) project off Angola.
Technical development at heart of the solution
Oil and gas companies across the globe are facing something of a balancing act currently.
Subsea 7 completes work on Arran project, issues update on restructuring
Subsea 7 has completed installation activities for Shell’s Arran gas development in the Central North Sea.
Shift to renewables could be a painful transition for offshore supply chain
Potential pitfalls await those unprepared for the push towards diversification from conventional energy writes Gregory Brown, Maritime Strategies International.
Bourbon to handle Subsea 7 trips to Angola
Bourbon Mobility has struck a deal to oversee personnel logistics for Subsea 7, on Angola's Zinia 2.
BP, Wood, Subsea 7 among new additions to gender diversity coalition
Energy firms BP, Wood and Subsea 7 are among six new companies joining a coalition to improve gender diversity and inclusion across the industry.
Europe could see $35bn in CCS spending till 2035, with UK dominating
It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centers. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35 billion in development spending until 2035 – by which time as much as 75 million tonnes of CO2 could be captured and stored per year on the continent, a Rystad Energy analysis shows.
Subsea 7 clinches contract extensions worth £117m in Brazil
Subsea 7 has clinched one-year extensions worth £117 million to the contracts for three pipelay support vessels with Brazilian operator Petrobras.
IOG to hand out jackup rig contract for flagship Core project ‘in coming weeks’
Independent Oil and Gas (IOG) will hand out the contract for a jackup rig for the first phase of its flagship Core project “in the coming weeks”.
Sonamet completes testing on Zinia flowlines
Angolan contractor Sonamet has completed factory acceptance tests on all flowline structures for the next stage of work on the Zinia field.
Subsea 7 sinks to losses of £750m amid thousands of job cuts
Subsea 7 sank to losses of £751million in the first half of the year as it restructures the business with thousands of job cuts.
OGUK board reshuffle sees Aker Solutions boss appointed contractor vice co-chair
The UK boss of Aker Solutions will represent North Sea contractors as part of a reshuffle within the board of representative body Oil and Gas UK (OGUK).
Petrofac lands wells contract for IOG’s Core project in North Sea
Petrofac has been awarded a five-well contract for the first phase of Independent Oil and Gas’ (IOG) “Core” project in the North Sea.
Subsea 7 to cut 3,000 jobs in the next year
Energy service firm Subsea 7 said today that it intends to lay off 3,000 workers over the next year.
Subsea 7 wins ‘sizeable’ North Sea contract for IOG’s Core project
Independent Oil and Gas (IOG) has awarded a “sizeable” contract to Subsea 7 for its flagship development in the UK North Sea.
Subsea 7 posts profit loss and revenue dip amid Covid-19 and oil price crisis
Oilfield services firm Subsea 7 has reported a pre-tax loss and revenue drop for the first quarter of 2020.
Subsea 7 wins multi-million deal for giant Vattenfall North Sea wind farm project
Offshore engineering firm Subsea 7 has announced a multi-million pound deal for a giant wind farm project in the Dutch section of the North Sea.
Subsea 7 to carry out work for Chevron in Gulf of Mexico
Oilfield services firm Subsea 7 has announced it will carry out work for Chevron in the Gulf of Mexico.
Subsea 7 inks multi-million deal for German North Sea wind project
Oilfield services firm Subsea 7 has announced a multi-million pound deal for a North Sea German offshore wind project.
Subsea 7 facing ‘significant headwinds’ and withdraws 2020 guidance
Subsea 7 has warned of “significant headwinds” from the dual impact of the coronavirus and plummet in oil price.
Subsea 7 worker trapped in Ghana due to Covid-19 left in ‘dangerous situation’
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.
Price plunge fires up short sellers
As prices have plunged, interest in short selling of oil companies has increased.
Subsea 7 wins deals off Australia and US Gulf of Mexico
Subsea 7 has announced the award of new contracts off the coast of Australia and the US Gulf of Mexico.
‘Weaknesses’ in renewables market sink Subsea 7 to a loss
Subsea 7 has sank to a loss due to ‘weaknesses’ and reduced activity in the renewables and heavy lift markets.