The Saipem-Subsea7 merger remains targeted for the second half of 2026 after the European Commission suspended the timetable for its antitrust review.
Subsea7 has secured a contract from LLOG Exploration Company LLC for the Who Dat East development in the US Gulf, including a 29-kilometre riser and pipe-in-pipe installation.
Subsea7 has secured a sizeable contract from Brunei Shell Petroleum for the EPCI of subsea pipeline and riser systems in water depths of up to 50 m offshore Brunei.
ExxonMobil Angola is advancing Block 15 redevelopment and assessing acreage in the Benguela and Namibe basins as Brian Unietis prepares to speak at AOG 2026.
The ACCC has moved Saipem and Subsea7’s proposed merger to a Phase 2 review, citing possible competition concerns in subsea infrastructure services for Australian offshore oil and gas projects.
Bourbon has appointed former Subsea7 executive Olivier Blaringhem as its next CEO, succeeding Gaël Bodénès on 14 September.
Subsea7 has secured a $50 million to $150 million contract from Murphy Exploration & Production Company for the String Music development in the U.S. Gulf.
Subsea7 has secured an EPCI contract from Vår Energi for the Goliat Gas Export Project offshore Norway, including pipeline installation and subsea infrastructure work in the Barents Sea.
Subsea7 has secured a substantial EPCI contract from ExxonMobil for a subsea tie-back tied to the Redevelopment 2.0 Likembe Project in Block 15 offshore Angola, executed via Subsea Integration Alliance.
