Oct. 17 (offshore-energy.biz) U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI), pre-commissioning and commissioning activities for the development located in Block 17/06,... Continue Reading →
MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil’s Go-Ahead
Sept. 30 (OE) MODEC has been awarded the full engineering, procurement, construction, and installation (EPCI) scope to develop a floating production, storage and offloading (FPSO) vessel for the Hammerhead project in Guyana following a final investment decision (FID) by ExxonMobil. In April 2025, MODEC received a Limited Notice to Proceed (LNTP) enabling it to commence FPSO design... Continue Reading →
Saipem Gets Go-Ahead for ExxonMobil’s Hammerhead Job off Guyana
Sept. 26 (OE) Italian offshore energy services firm Saipem has received the authorization to proceed with the execution of activities related to the engineering, procurement, construction and installation (EPCI) contract for the development of ExxonMobil's Hammerhead oil field, offshore Guyana. The contract with ExxonMobil Guyana, valued approximately $500 million, entails the EPCI work for subsea,... Continue Reading →
Tenaris to supply 115 km of seamless pipe for FPSO P-83 production system
Sept. 15 (PN) Tenaris announced the award of a contract to supply 18,000 tons (115 km) of seamless pipe for risers and flowlines for the FPSO P-83 (Búzios 11) production system. The agreement also includes the delivery of TenarisShawcor thermal insulation coatings. The seamless pipes will be produced at Tenaris' manufacturing center in Dalmine, Italy.... Continue Reading →
Saipem Milestone in Guyana Yellowtail Project
Aug. 18 (OE) Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located in approximately 1,800m of water within the Stabroek Block offshore Guyana. Awarded the contract in 2022, Saipem undertook the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF)... Continue Reading →
Seagems completes works in the Atlanta Field and now concentrates 100% of its fleet on contracts with Petrobras
Aug 11 (PN) Seagems completed the BRAVA Project, carried out in the Atlanta Field, in the Santos Basin. Signed in 2022, the contract included an EPCI (Engineering, Procurement, Construction, and Installation) campaign, developed in partnership with its shareholder Sapura Energy. The final phase began in April 2024, with the mobilization of the vessel Onix to... Continue Reading →
Saipem Reports 2025 First Semester Results
Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history. Revenue stood at USD$8.47 billion (€7.2 billion), and EBITDA reached USD$898 million (€764 million), the latter growing... Continue Reading →
Petrobras signs R$8.4 billion contract with Subsea7 for subsea interconnection of the Buzios 11 Project
Petrobras has signed an engineering, acquisition, construction and subsea installation (EPCI) contract for the Buzios 11 Project with the company Subsea7, worth R$8.4 billion, as a result of a competitive contracting process. The agreement is expected to generate more than a thousand direct and indirect employees. The contract establishes a minimum requirement of 40% local... Continue Reading →
SLB OneSubsea, Subsea7 Awarded EPCI Contract for bp’s Ginger Project
(OE) SLB announced the award of an engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea joint venture and Subsea7 for the Ginger project offshore Trinidad and Tobago. The Ginger project is the first project award under the global framework agreement between bp and Subsea Integration Alliance partners SLB OneSubsea and Subsea7.... Continue Reading →
Subsea7, SLB OneSubsea Get BP’s Job Offshore Trinidad and Tobago
(OE) Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago. For the Ginger EPCI project, Subsea7 will supply a diver-installed tie-in system, a flexible production flowline, and associated infrastructure. SLB OneSubsea will deliver four standardised... Continue Reading →