
Subsea 7 Delivers Solid Q3 Results on Higher Margins and Record Backlog
Subsea 7 reported higher Q3 earnings with improved margins, strong operational activity and a record $13.9bn backlog, reinforcing visibility for 2026 and 2027.

Subsea 7 reported higher Q3 earnings with improved margins, strong operational activity and a record $13.9bn backlog, reinforcing visibility for 2026 and 2027.

CWHI has shipped the first 15 Transition Pieces for Inch Cape aboard the heavy-lift vessel Hua Sheng Long, which was positioned in South China at the time of reporting.

A 210-t Italian pavilion was shipped on deck from Marghera to Belém by SAL Intermarine and released into the water before being towed to its COP30 exhibition site.

Oil India Limited has extended its agreement for the Blackford Dolphin semisubmersible, adding 120 days of work under unchanged terms and continuing operations east of India through 10 May 2026.

Russia has closed its 2025 Northern Sea Route season after exporting nearly 3 million tonnes of LNG to Asia during the summer and autumn shipping window.

BOKA Falcon has completed the first seabed preparation phase for Baltica 2, removing boulders and preparing to return with the Megalodon trenching tool for the next stage.

DeepOcean has been awarded a subsea tie-back scope on the UK continental shelf, covering riser, flowline and umbilical installation, protection tasks and final commissioning activities.

The UK condemned Russia after the Yantar aimed lasers at RAF pilots near Scotland, prompting heightened surveillance and renewed concern over Russian activity around Europe.

NYK presented a fleet transition strategy centred on ammonia at WMMF 2025, detailing operational trials, safety steps and its long-term plan toward a 2050 net-zero target.
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