Subsea 7 reported Q2 2026 net income of $254 million and Adjusted EBITDA of $471 million as its full-year margin guidance increased to approximately 24%.
Boskalis vessel Windpiper has left Rotterdam for its first project, loading 45,500 tonnes of rock in Norway before starting subsea rock installation work in the Baltic Sea.
Modules weighing around 5,000 tonnes each have been installed on the 45,000-tonne Tlaloc FPU under construction in South Korea for the Trion project.
Altera Infrastructure’s FPSO business has completed its acquisition by Carlyle and begun operating independently under the Altera brand, led by chief executive officer Chris Brett.
Sarens is preparing 560 SPMT axle lines and 24 PPUs for the July 2026 load-out of the 17,666 t Valhall PWP topside in Stord after module operations across Norway.
Halliburton has secured drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, including digital workflows and local infrastructure investment.
Equinor has awarded contracts worth about NOK 6 billion for four subsea projects on the Norwegian continental shelf, covering TWIN, Omega Sør, Tyrihans Nord and Brime.
DRIFT Energy and Commenda Capital Partners have agreed an exclusive framework to support at least 50 wind-powered hydrogen production vessels, targeting more than $500 million in project-level investment.
Saipem has secured an EPCI contract worth approximately $2 billion for its share of the Kutei FPSO project in East Kalimantan, Indonesia. The project is expected to be completed over 48 months.
