TechnipFMC has won a significant contract from Petrobras to supply subsea production systems, following a competitive bidding round. The award, valued between $75 million and $250 million, covers the ...

The new solution aims to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30%.

Aker Solutions has secured a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology for offshore wind ...

China has threatened to cut investments in the UK after claiming political interference from the Government was delaying ...

Fibre optic sensing and software technology used to continuously monitor integrity of cable and cable protection systems ...

In recent days, Halliburton announced a series of major contract wins with Petrobras for advanced offshore oilfield services in Brazil and delivered a groundbreaking remote-operated subsea ...

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Oil and gas majors involved in offshore exploration and ...

Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of ...

ABB’s pioneering subsea power distribution and conversion technology system is commercially viable, bringing groundbreaking potential for cleaner, safer and more sustainable offshore oil and gas ...

SLB OneSubsea has signed an agreement with Vår Energi to deliver subsea production systems (SPS) for upcoming projects on the ...

FMC Technologies (NYSE:FTI) announced today that it has signed a contract with Shell to supply the subsea completion and subsea processing systems for the Perdido Regional Development project in the ...