The Latest

SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor

Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.

Spate of New Contracts Boosts TechnipFMC's Subsea Profits

TechnipFMC's operational profits are growing as the company heightened its focus on “quality” subsea orders, which earned $2.4 billion for the first quarter.

E&P Highlights: April 29, 2024

Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.

E&P Highlights: April 22, 2024

Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.

Exxon Mobil Guyana Awards Two Contracts for its Whiptail Project

Exxon Mobil Guyana awarded Strohm and TechnipFMC with contracts for its Whiptail Project located offshore in Guyana’s Stabroek Block.

E&P Highlights: April 15, 2024

Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.

Subsea7 Awarded Sizable Contract in GoM

Subsea7 will install a flowline for Talos’ Sunspear development in the Gulf of Mexico.

PE Investors Scoop Up Offshore Services Provider Acteon Group

Acteon Group, a U.K.-based subsea services provider serving customers in offshore oil, gas and renewables, was acquired by new private equity backers.

AI Advancing Underwater, Reducing Human Risk

Experts at CERAWeek by S&P Global detail the changes AI has made in the subsea robotics space while reducing the amount of human effort and safety hazards offshore.

Less Heisenberg Uncertainty with Appraisal Wells

Equinor proves Heisenberg in the North Sea holds 25 MMboe to 56 MMboe, and studies are underway for a potential fast-track tieback development.