FTI reported a record $2.5 billion in quarterly Subsea revenues, with a higher mix of iEPCI orders. Management's update on services and business model enhancements provides investors with additional ...

HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), a US-based company, and SubseaDesign AS, a Norway-based company, have formed a strategic alliance to accelerate ...

TechnipFMC plc FTI, a leading supplier of products, services and fully integrated technology solutions in the energy industry,has secured an integrated engineering, procurement, construction, and ...

The subsea installation work was carried out using a jack-up rig – the first such execution in the Indian offshore region, ...

Three giants of the oilfield subsea development sector have completed the establishment of a joint venture arrangement to combine their complementary services. The new business, which will adopt the ...

TechnipFMC's Subsea 2.0 innovation and strong backlog support robust growth. The company's subsea segment benefits from booming demand, contributing massively to future free cash flows. An investment ...

The irregular seabed in the area of the Ormen Lange field, the steep slide, and difficult areas along the coastline pose extreme challenges to pipeline design. Environmental conditions are also ...

Subsea7 has been awarded a contract for a front-end engineering and design (FEED) study by ConocoPhillips Skandinavia for the Previously Produced Fields (PPF) development project offshore Norway. The ...

Equinor ASA has issued a letter of award (LOA) to Aker Solutions ASA to supply the subsea production system and control umbilical for Eirin field development in the Norwegian North Sea. Development ...

With production equipment located on the seafloor rather than on a fixed or floating platform, subsea processing provides a less expensive solution for myriad offshore environments. Originally ...