Wison New Energies has started hull construction for the Baleine Phase 3 FPSO, completing the first steel cut on 30 August 2026 for the offshore Côte d’Ivoire development.
TechnipFMC has secured an Azule Energy contract for the West Hub Tails project, covering flexible flowlines, risers and associated equipment linked to the Agogo FPSO.
DOF Group ASA has extended Petrobras contracts for the PLSVs Skandi Buzios and Skandi Recife in Brazil, keeping both vessels under contract through January 2028.
Azule Energy has started Greater PAJ FPSO topside construction at CIMC Raffles’ Haiyang yard in China for the five-field offshore development in Angola.
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.
TechnipFMC has secured a large iEPCI contract from Vår Energi for the Ofelia and Gjøa Nord projects in the North Sea under a five-year collaboration agreement signed in 2025.
TechnipFMC received a “substantial” subsea EPCI award from Eni for the Coral North FLNG development offshore Mozambique, in about 2,000 m water depth.
TechnipFMC reported strong quarterly results driven by subsea operations and announced plans to pursue $2 billion in new project opportunities.
Brazil’s antitrust authority CADE is reviewing the Saipem–Subsea 7 merger as Petrobras, ExxonMobil, and TechnipFMC warn of competition risks in subsea and PLSV markets.
