PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Apr.2026, Words: 267) — Subsea7 signed a strategic collaboration agreement between PETRONAS Suriname E&P B.V., a subsidiary of PETRONAS and Subsea Integration Alliance (SIA), which comprises Subsea7 and SLB OneSubsea. The agreement creates a long-term framework for close collaboration on field development […]
Tag: Subsea 7
![Subsea7 and Saipem ink merger agreement [pdf downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/06/Saipem-new-offshore-contract-in-Brazil-scaled-1.jpg)
Subsea7 and Saipem ink merger agreement [pdf downloads]
MILAN, LUXEMBOURG (By Saipem, 24.Jul.2025, Words: 75) — Saipem and Subsea7 announce that they have entered into a binding merger agreement, on terms and conditions in line with what was previously communicated at the time of the signing of the memorandum of understanding (MOU) on 23 Feb. 2025. The merger […]
Subsea7 awarded large $300mn-$500mn EPCI contract offshore Norway by Equinor
HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 17.Jul.2025, Words: 275) — Subsea7 announced award of a large contract by Equinor relating to the Fram Sør development project, offshore Norway. The value of the contract is between $300mn-$500mn, according to Subsea7.
Subsea7 awarded sizable $50mn-$150mn EPCI contract offshore Egypt
HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 4.Jul.2025, Words: 98) — Subsea7 announced the award of sizable contract offshore Egypt with a value between $50mn-$150mn. Subsea7 will be responsible for the engineering, procurement, commissioning and installation (EPCI) of flexible pipelines, umbilicals, and associated subsea components for a tie back to […]
Subsea7 reports milestone operation at Vigra spool base in Norway
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 25.Jun.2025) — Subsea7 said that for the first time in its history that 2 Subsea7 reel-lay vessels — Seven Navica and Seven Oceans — were simultaneously spooling pipe at its Vigra spool base in Norway. “This milestone highlights the capacity and efficiency […]
Subsea7 awarded contract Shell for the Aphrodite gas project in Trinidad and Tobago
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 9.Jun.2025) — Subsea7 was awarded a sizable contract — with a value between $50mn-$150mn — by Shell for the Aphrodite natural gas project offshore Trinidad and Tobago. RELATED: NRGBriefs Jun. 2025: Moody’s on Petrobras, Shell’s Aphrodite FID, Jinping-Lukashenko talks
Subsea 7 awarded sizable contract offshore West Africa
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 21.May.2025, Words: 152) — Subsea 7 announced the award of a sizable — valued between $50mn-$150mn — subsea contract in West Africa. Per the contract, Subsea 7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection […]
Subsea 7 awarded contract offshore Norway by ConocoPhillips Skandinavia AS
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.May.2025, Words: 221) — Subsea 7 announced the award of a contract — with a value between $300mn-$500mn — by the operator ConocoPhillips Skandinavia AS for a front-end engineering and design (FEED) study for the previously produced fields (PPF) development project, offshore Norway. […]
bp awards Subsea 7 and SLB OneSubsea EPCI contract for Ginger project
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Apr.2025) — Subsea 7 announced the award of a substantial engineering, procurement, construction, and installation (EPCI) contract by bp to Subsea Integration Alliance (SIA) for the Ginger project offshore Trinidad and Tobago. The contract is valued between $150mn-$300mn, according to Subsea 7. RELATED: […]
Subsea7 Awarded Four PLSV Contracts in Brazil
(Subsea7, 3.Jun.2024) — Subsea7 announced, after a competitive tender process, the award by Petrobras of four long-term day-rate contracts for pipelay support vessels (PLSVs) commencing in 2025. The contracts have a combined value of over $1.25bn and will be recorded in the backlog in the second quarter. The contracts for Seven […]
Subsea7 Awarded ‘Super-major’ Deal Offshore Brazil
(Subsea7, 30.May.2024) — Subsea7 announced the award of a super-major1 contract by Petrobras, after winning a competitive tender, for the development of the Búzios 9 field located approximately 180 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,000 metres water depth in the pre-salt Santos basin. The […]
Subsea Integration Alliance Awarded Contract Offshore Türkiye
(Subsea7, 10.May.2024) — Subsea 7 S.A. announced the award of a large1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye. The award will be booked in backlog in Q2 2024. An initial contract was awarded in May 2023 to a […]
Authorities Approve JV between Aker Solutions, SLB and Subsea7
(Aker, 4.Aug.2023) — Reference is made to the stock exchange release 30 August 2022 regarding the agreements to form a subsea joint venture with SLB and Subsea 7. Closing is subject to regulatory approvals. Following clearance as of today by antitrust authorities in Brazil, all regulatory approvals/clearances required to close the transactions have […]
Schlumberger, Aker Solutions and Subsea 7 Create Joint Venture
(Schlumberger, 30.Aug.2022) — Schlumberger, Aker Solutions and Subsea 7 announced an agreement to form a joint venture to drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time. The agreement will bring together a portfolio of innovative technologies such as subsea gas compression, all-electric […]
Subsea 7 Awarded Floating Wind FEED Contract in South Korea
(Energy Analytics Institute, 18.Aug.2022) — Subsea 7 was awarded a floating wind FEED contract by Corio and TotalEnergies for a floating wind development in South Korea. The project, the Gray Whale 3 project, is a 504MW development located some 60 to 70 kilometers offshore from Ulsan, Subsea 7 announced 18 […]
Subsea 7 and Van Oord Consortium Inks Contract Offshore Guyana
(Subsea 7, 27.Jul.2022) — Subsea 7 and Van Oord announced the award of a substantial(1) contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy project offshore Guyana, in water depths of up to 1,450 metres. The scope covers the project management, engineering, and installation […]
Subsea 7 Awarded Contract Offshore Brazil
(Subsea 7, 26.May.2022) — Subsea 7 announced the award of a major(1) contract by Petrobras for the development of the Búzios 8 field located approximately 180 kilometres off the coast of Rio de Janeiro at 2,000 metres water depth in the pre-salt Santos basin. The contract scope includes engineering, procurement, fabrication, […]