L&T Energy Hydrocarbon – Offshore, the offshore business vertical of Larsen & Toubro, has secured an ultra-mega order from a prestigious client in the Middle East.
The contract includes multiple offshore packages, covering the full scope of engineering, procurement, construction, and installation (EPCI) of offshore structures, along with the upgradation of existing facilities.
L&T’s Hydrocarbon…
MODEC and Carbon Clean Solutions Ltd. entered an MOU to continue the development and eventual deployment of FPSO-based offshore post-combustion carbon capture technologies.
The agreement seeks to establish the framework in collaborating on how to accelerate the deployment of Carbon Clean’s On-Board Carbon Capture Solution (OCCS) for Floating Production Storage and Offloading (FPSO) facilities based on…
ADES has announced that it has signed a contract renewal for one of its standard offshore jackup rigs. The unit was among the six suspended rigs that were previously operating in the Kingdom of Saudi Arabia (“KSA”).
The contract renewal is for a firm duration of ten years, adding significant long-term revenue visibility and backlog sustainability.
The…
SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.
SLB will oversee the delivery of 18 ultra-deepwater wells using an integrated services approach and AI-enabled drilling capabilities to improve operational efficiency and well quality. The full scope of the contract includes digital directional drilling…
Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project, relevant to the development of a deepwater oil field, 130 km off the coast of Nigeria. The overall value of the contract is about…
Subsea7 announced the award of a substantial contract by Aramco under a long-term agreement.
The contract scope includes the decommissioning of existing subsea facilities as well as engineering, procurement, construction, and installation of a new pipeline and subsea equipment at the Abu Safah field, located offshore Saudi Arabia. Engineering activities will begin immediately, with offshore operations…