On September 25, 2025, Saipem’s investors officially approved the proposed merger with the Norwegian oil contractor Subsea 7.

Industry sources told Upstream that state-controlled ONGC has floated expressions of interest for an integrated package covering the subsea umbilicals, risers and flowlines and subsea production ...

The concerns focused on the market for subsea umbilical, risers and flowlines, as well as the supply of pipe-laying vessels.

Gascade Gastransport GMBH has completed installation of its 50-km Ostsee Anbindungsleitung (OAL) subsea natural gas pipeline. Having executed OAL’s above-water tie in, the company expects to begin ...

Porthos Offshore Transport and Storage CV has tendered for installation of 20 km of offshore pipeline for its Port of Rotterdam CO 2 Transport Hub and Offshore Storage (Porthos) carbon capture and ...

LONDON, PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant (1) Engineering, Procurement, Construction and Installation contract by ...

TechnipFMC has won a significant contract from Petrobras to supply subsea production systems, following a competitive bidding round. The award, valued between $75 million and $250 million ...

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE:MDR) (“McDermott”), announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, ...

American shipbuilder Philly Shipyard was recently awarded around $197 million to build the first Subsea Rock Installation (SRI) vessel for the U.S. market. With offshore wind having the potential to ...

Subsea 7 Co. secured today, Sept. 16, a major project under a long-term agreement (LTA) with Saudi Arabian Oil Co. (Saudi ...

ExxonMobil, Petrobras and TechnipFMC petitioned Brazil's antitrust watchdog to oppose a merger between Saipem and Subsea 7.

Oil & Natural Gas Corporation (ONGC) has fired the starting gun on the main subsea contract for its $5 billion-plus KG-DWN-98/2 deep-water project off India’s east coast. Industry sources told ...