FTI reported a record $2.5 billion in quarterly Subsea revenues, with a higher mix of iEPCI orders. Management's update on services and business model enhancements provides investors with additional ...

HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), a US-based company, and SubseaDesign AS, a Norway-based company, have formed a strategic alliance to accelerate ...

TechnipFMC plc FTI, a leading supplier of products, services and fully integrated technology solutions in the energy industry,has secured an integrated engineering, procurement, construction, and ...

Three giants of the oilfield subsea development sector have completed the establishment of a joint venture arrangement to combine their complementary services. The new business, which will adopt the ...

SolarDuck, a pioneer in Offshore Floating Solar Technology, announced the launch of a high-level Advisory Board to accelerate the integration of its solutions within the offshore CCS ...

ONGC is aiming to draw lessons from the ongoing Cluster-2 development on India's east coast, where well completion issues and delays in setting up the offshore infrastructure have impacted production ...

bp has let a subsea pipeline and production system contract to Subsea7 SA for the Murlach development (formerly Skua field), 240 km east of Aberdeen in the UK North Sea. Project work scope covers ...

The company will to provide detailed design and engineering services for the subsea development at Egypt's West Delta Deep Marine (WDDM) concession, part of the Burullus Gas Field in the Mediterranean ...

Subsea engineering is the discipline that conceives, designs, installs, and operates the subsea production system (SPS) and subsea umbilicals, risers, and flowlines (SURF) that connect wells to ...

The irregular seabed in the area of the Ormen Lange field, the steep slide, and difficult areas along the coastline pose extreme challenges to pipeline design. Environmental conditions are also ...