The contract includes a carbon steel pipeline and installation of subsea umbilicals, risers and flowlines for the Alum, Bemban and Permai deepwater fields to supply additional gas to the PFLNG DUA facility.
Shares of TechnipFMC PLC, one of the world’s biggest makers of offshore oil gear, surged to the highest in a decade on signs of a robust outlook that underscores the industry’s optimism over production at sea.
Petrobras has awarded Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil.
Pleuger Industries, a developer of submersible motor pump technologies, says that it is working to help advance a subsea energy storage system.
Luxembourg-domiciled Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field that will be tied back to an existing floating production, storage, and offloading (FPSO) vessel working in the North Sea.
Subsea7 has secured what it describes as a “large” contract with Woodside Energy to deliver subsea installation services for a deepwater oil project in the Gulf of Mexico.