Aurora Energy Services acquire Encomara Strengthening floating wind technology and subsea systems capability

Aurora Energy Services (Aurora) has acquired Encomara, a specialist in floating wind deployment systems and subsea engineering, and will provide significant investment to support the roll-out of its flagship mooring connection technology. The acquisition brings into the Aurora fold Encomara’s innovative SQUID system - a proprietary quick-connect system that integrates pre-installed mooring and electrical connections... 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 →

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