Bold Norwegian approach may be applied to UK operations
An oil company which is drilling about 20% of all Norwegian exploration wells this year plans to persevere with its bold approach.
Subsea 7
i-Tech release fleet of mini ROVs for offshore inspection
Subsea 7 company, i-Tech Services, has announced the release of a fleet of mini remotely operated vehicles (ROV) to undertake offshore underwater inspection and maintenance.
In alliance, Subsea 7 and Schlumberger seal major Gulf of Mexico deal
A global partnership between Subsea 7 and OneSubsea, a Schlumberger company, has clinched a "sizeable" contract with Fieldwood Energy.
Former Subsea 7 VP joins Aberdeen subsea firm
A former vice president with Subsea 7 has been announced as Ashtead Technology's corporate development director, based in Westhill, near Aberdeen.
Subsea 7 profits dented by lower pricing and activity
Profits nosedived at Subsea 7 in the first half of 2018 despite a steady recovery in the market.
Subsea 7 celebrates build milestone and announces vessel name
Work has started in Rotterdam, in the Netherlands, on a new reel-lay vessel for global energy service company Subsea 7.
Subsea 7 booked in for Zinia job off Angola
Subsea 7 will has won a contract worth at least $150 million for work on Total's Zinia Phase 2 project off Angola.
Xodus nominated for Indonesian LNG project
Aberdeen consultancy Xodus Group has been nominated as a subcontractor for an LNG project in Indonesia.
Subsea 7 gets the nod for Shell’s Vito project
Oil field service giant Subsea 7 will build and install a range of infrastructure for Shell's Vito development in the Gulf of Mexico.
Subsea 7 wins ‘sizeable’ contract for West Delta Deep Marine in Egypt
Energy services firm Subsea 7 has been awarded a “sizeable” contract for work off the coast of Egypt.
Subsea 7 wins engineering contract for Shell’s Penguins project
Oil field service firm Subsea 7 said today that it had clinched a contract worth tens of millions of pounds for Shell’s Penguins field redevelopment in the North Sea.
Subsea 7 subsidiary adds vessel in three-year agreement
I-Tech Services, a subsidiary of Subsea 7, has today announced a three-year charter agreement with MMA Offshore for a new vessel.
The Underwater Centre rescued by offshore industry
A Highland subsea training centre has been rescued from the threat of closure after an industry collaboration with a hat-trick of offshore firms.
Subsea 7 wins ‘substantial’ five-year contract with Statoil
Subsea 7 has won an inspection maintenance and repair contract with Statoil for 560 subsea wells in Norway.
McDermott and CB&I merger approved by shareholders, thwarting Subsea 7
A merger deal between McDermott International and Chicago Bridge and Iron (CB&I) has been approved by shareholders, thwarting attempts by Subsea 7 to block it.
IOG contracts Subsea 7 and Wood for Thames Pipeline work
UK-based Independent Oil and Gas (IOG) has contracted Subsea 7 and Wood for work on the Thames Pipeline in the Southern North Sea.
Subsea 7 posts pre-tax losses of £21million
Subsea 7 has posted a loss of £21million in its first quarter results, compared to earnings of £147million in the same period last year.
McDermott ‘fully committed’ to CB&I deal following rejected Subsea 7 bid
McDermott International has stated it remains “fully committed” to its merger with CB&I following Subsea 7’s rejected takeover bid.
Subsea 7 reaffirms interest in McDermott takeover
UK-based Subsea 7 has restated its interest in acquiring U.S rival McDermott.
Subsea 7 ‘aims for SURF throne’ with McDermott takeover bid
Subsea 7’s £1.4billion takeover bid for McDermott represents a move to “assume the throne” for the global subsea umbilicals, risers and flowlines market (SURF), according to analysts Rystad Energy.
Subsea 7 in bid to acquire McDermott
Offshore engineering and construction firm Subsea 7 has confirmed today that it made a bid to acquire US company McDermott.
Updated: BP ‘changes tack’ with commitment to smaller fields
North Sea firms will spend £420million on the development of two new fields containing 50million barrels of oil in total.
Subsea 7 nets pipeline job in Nigeria
Subsea 7 has struck a deal worth at least £105million to provide pipelines and carry out topside modifications in Nigeria.
Statoil hands out Askeladd contracts
Statoil has awarded key contracts for a new field development to Subsea 7 and Ocean Installer.
Baker Hughes partners with McDermott to compete offshore
Baker Hughes and McDermott International said they're partnering to offer integrated offshore energy services in order to better compete with other growing players like Schlumberger and TechnipFMC.