
TechnipFMC Boosts Profit and Targets $2 Billion in New Contract
TechnipFMC reported strong quarterly results driven by subsea operations and announced plans to pursue $2 billion in new project opportunities.

TechnipFMC reported strong quarterly results driven by subsea operations and announced plans to pursue $2 billion in new project opportunities.

Vantris Energy’s joint venture Rawabi Sapura has landed a seven-year diving support services contract with Aramco, marking the company’s strategic expansion into the Saudi offshore market.

Woodside and Williams complete a major investment partnership on the Louisiana LNG Project, securing funding and infrastructure toward 2029 production.

Petrobras and Equinor won key offshore oil blocks in Brazil’s latest pre-salt auction, reinforcing their strong presence in the country’s deepwater sector.

SBM Offshore has signed a Memorandum of Agreement with COSCO Shipping Heavy Industry for a new Fast4Ward FPSO hull, expanding its Chinese shipyard partnerships and reinforcing its project pipeline.

Jan De Nul has ordered a new extra-large cable-laying vessel with a 28,000-tonne cable-carrying capacity, set to become the world’s largest.

Saipem has strengthened its global offshore drilling orderbook with USD 135 million worth of new and extended contracts across West Africa, the Mediterranean, and the Far East.

U.S. wind installations fell around 15 % in H1 2025, but analysts forecast a rebound in 2027 as tax-incentive deadlines draw near.

Pharos Energy has launched a six-well offshore drilling campaign in Vietnam aimed at boosting production capacity from 2026.
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