TechnipFMC readies 200th subsea tree for Guyana projects

Sept. 2 (oilnow.gy) TechnipFMC has reached delivery readiness for its 200th subsea tree for offshore projects in Guyana. The company announced the milestone on September 1. It credited the expertise and collaboration of its team for supporting ExxonMobil Guyana’s offshore developments. “Recently, we reached a major milestone with the manufacturing and delivery readiness of the 200th subsea... Continue Reading →

How Engineers Are Reinventing the Wind Turbine

Aug. 9 (oilprice.com) To accelerate the global green transition, several energy companies are developing more durable and efficient renewable energy equipment, such as wind turbines and solar panels. This has been hugely successful in recent decades, with the creation of larger, stronger wind turbines and more efficient, resilient solar panels. As companies continue to improve... Continue Reading →

TechnipFMC Delivers Critical Equipment for Suriname Project

Aug. 9 (OE) The GranMorgu Project offshore of Suriname continues to make strong progress, reports TechnipFMC, with the delivery of critical subsea equipment supporting the next phase of execution. “The departure of the first drilling equipment and the successful installation of key FPSO connection components demonstrate the impact of early collaboration, standardized engineering and disciplined... Continue Reading →

Intermoor secures new Petrobras contract for mooring and subsea asset services in Brazil

4th August 2026: Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a new contract by Petrobras for the provision of inspection, preservation, maintenance, and operational readiness services for subsea interconnection, mooring and anchoring materials. This award marks the third contract secured by Intermoor from Petrobras in less than a year, reinforcing a long-standing... Continue Reading →

Huisman to Deliver Equipment for Solstad-SBM Offshore Installation Vessel

Aug. 3 (OE) Dutch lifting equipment specialist Huisman has secured a contract from CIMC Raffles Offshore to supply lifting and handling systems for a next-generation deepwater offshore installation vessel being built for a joint venture between Solstad Offshore and SBM Offshore. The contract covers an integrated equipment package comprising a 350-tonne A-frame, a 500-tonne knuckle... Continue Reading →

TechnipFMC reports another strong Q2 2026 on US$2.5B in subsea orders

July 31 (oilnow.gy) TechnipFMC reported “strong” second-quarter 2026 results on July 30, driven by US$2.5 billion in subsea orders and higher project activity across its offshore business. The company recorded total revenue of US$2.76 billion during the quarter. Net income attributable to TechnipFMC reached US$362.7 million, while adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization... Continue Reading →

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