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Subsea 7 Profit Slips

Engineering and construction specialist Subsea 7 has seen profit cut by close to 32 percent in the quarter ended ...

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Red Ink for Subsea 7

Oslo-listed Subsea 7 has booked loss in the quarter ended March 31, 2018 on revenue drop of 10% due to lower ...

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DeepOcean Nets Statoil SURF Deal

DeepOcean has been awarded a contract from Statoil to perform riser replacement and construction work in the North ...

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Subsea 7 Swings to Q4 Profit

Oslo-listed Subsea 7 has returned to profit in the quarter ended December 31, 2017 on no goodwill impairment ...

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SURF’s Up for Ocean Installer

Ocean Installer said it has secured two subsea umbilicals risers and flowlines (SURF) contracts with Statoil. The ...

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Saipem Wins More Offshore Work

Saipem has signed a contract with Eni in relation to the West Hub Development project in Angola, which incorporates ...

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Boskalis Boosts Subsea Fleet

Royal Boskalis Westminster (Boskalis) has added two diving support vessels (DSVs) to its subsea services portfolio. ...

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Flowline Specialists Delivers Subsea Project in Middle East

The Dubai subsidiary of Scottish energy industry equipment manufacturer and service provider Flowline Specialists ...

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Saipem Lands $900M Zohr Deal

Saipem and Petrobel have finalized offshore contract variations worth $900 million for engineering, procurement, ...

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Subsea 7 Sees Earnings Grow

Oslo-listed Subsea 7 has booked higher profit for the quarter ended June 30, 2017 as revenues increased on boosted ...

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Subsea 7 Adds $850M to Its Backlog with ECS Acquisition

Subsea 7 has acquired certain businesses of EMAS Chiyoda Subsea (ECS). The acquisition, under a US bankruptcy code ...

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Ocean Installer Catches Al Jurf SURF

Ocean Installer has been awarded a SURF project at the Al Jurf oil field in the Mediterranean. The Al Jurf oil ...

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Saipem Scores Liza SURF Job with ExxonMobil

Saipem has been awarded a new EPCI contract for the SURF package of the proposed Liza project operated by Esso ...

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Subsea 7 Clinches Mad Dog 2 Deal from BP

Subsea 7 has been awarded a large contract by BP as part of the deepwater Mad Dog 2 development, located ...

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Subsea 7 Books $418 Million Profit in 2016

Oslo-listed Subsea 7 has substantially narrowed its loss, compared to the prior-year quarter, and bounced back in ...

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McDermott Strengthens Subsea Fleet

McDermott has confirmed the acquisition of the newly-built pipelay and construction vessel Amazon to boost ...

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WATCH: DeepOcean SURF Campaign in Norwegian Sea

The video shows DeepOcean’s SURF operations carried out by its construction vessels Edda Freya and Edda ...

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MPL Charters GC Rieber's Polar Onyx for Chevron Job

GC Rieber Shipping has entered into a time charter agreement with Marine Platforms Limited (MPL) in West Africa for ...

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WATCH: Maria Subsea Pipeline Project

The video above shows summer 2016 subsea pipeline installation campaign on the Maria field, Wintershall’s flagship ...

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Technip Charters Polar Onyx for Angola Work

Norwegian offshore vessels provider, GC Rieber Shipping, has reached a time charter agreement with Technip Angola ...

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Aker Solutions and Subsea 7 Land Alvheim Prize

During Aker companies investor day 2016 at Fornebu on Tuesday, Det norske CEO Karl Johnny Hersvik revealed that the ...

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