An IMR vessel offshore Bulgaria.

Subsea Services Market Expected to Top $7 Billion in 2023

Rystad Energy sees increased brownfield activity driving a 20% increase in projected spend in the subsea services market in 2023.

Oceaneering Freedom AUV

Oceaneering Offers Path to ‘Freedom’

Oceaneering’s new Freedom AUV marks a change in the subsea landscape, a maneuverable autonomous vehicle that reacts to what it finds subsea.

Transocean logo on website.

First 20,000-psi Drillship Headed to GoM

Sembcorp Marine delivered 8th-gen ultra-deepwater drillship, which is expected to open up previously inaccessible resources, to Transocean subsidiary.

Baker Hughes Looks to Spearhead an All-Electric Offshore Environment

Baker Hughes Looks to Spearhead an All-Electric Offshore Environment

Not only does the Baker Hughes all-electric subsea tieback reduce topside footprint, it also reduces capex costs by 15%.

FASTsubsea JV Pushes Subsea-Boosting Potential

FASTsubsea JV Pushes Subsea-Boosting Potential

FASTsubsea, a joint venture (JV) between Aker Solutions and Fsubsea, is developing the world’s first topside-less subsea multiphase boosting system expected to help cut costs, save time and reduce CO₂ emissions.

Hart Energy September 2022 - TechnipFMC Awarded Significant Subsea Contract for Shell North Sea Development - Shearwater image

TechnipFMC Awarded Significant Subsea Contract for Shell's North Sea Development

TechnipFMC snagged its second large contract in recent weeks with an engineering, procurement, construction and installation contract from Shell.

Aquanauts En Route to Norway, Scotland, Gulf of Mexico

Aquanauts En Route to Norway, Scotland, Gulf of Mexico

Space-age thinking makes it possible to control a subsea robot without an umbilical for subsea oil and gas inspection, maintenance and repair work.

TechnipFMC Snags Large Subsea Contract for TotalEnergies Project

TechnipFMC Snags Large Subsea Contract for TotalEnergies Project

The value of the subsea contract by TotalEnergies was not disclosed, but TechnipFMC noted that the company considers a “significant” contract to be worth between $75 million and $250 million.

Robotic System Inspects Offshore Caissons

Robotic System Inspects Offshore Caissons

A bespoke caisson cleaning and inspection tool developed by Nexxis has been deployed for Woodside offshore Australia.

Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal

Schlumberger, Aker Solutions, Subsea 7 Form JV in $700 Million Deal

The proposed JV will combine Schlumberger’s and Aker Solutions’ subsea businesses. Meanwhile, Subsea 7 will be an equity partner in the new JV.