Subsea

News
July 15, 2025
TechnipFMC has secured a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Heidrun extension project in the Norwegian North Sea.
News
July 09, 2025
The NATO Innovation Fund and Investinor will pay $14 million for a stake in Kongsberg Ferrotech, enabling the startup to scale up production of its submersible robot. The first machine already is currently deployed for offshore oil and gas operations in Abu Dhabi.
News
July 08, 2025
Forum Energy Technologies (FET) has appointed OGEQUIP to represent its subsea operations in Brazil, further strengthening FET’s position in South America. Under the partnership, OGEQUIP will deliver FET’s Subsea Technologies product line business development, technical and administrative support.  
News
July 08, 2025
JDR Cable Systems (JDR) has secured a significant service contract by Larsen & Toubro (L&T), through which JDR will test 14 umbilical cables for offshore platforms in the Middle East, covering two major work scopes across multiple offshore platforms.
News
July 04, 2025
Subsea7 has secured a sizeable contract for offshore Egypt to conduct engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures.  
News
July 01, 2025
Equinor and Aker BP are investing NOK 13 billion (~$1.29 billion USD) in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe).
News
June 30, 2025
Petrobras has awarded Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil. The contracts will see an expansion of Fugro’s remote operations capabilities, including the remote piloting of ROVs.
News
June 26, 2025
Equinor and its Fram partners will invest more than $2 billion (NOK 21 billion) in a new subsea development, Equinor announced Thursday. The Fram Sør project is a combined development of several discoveries that will export oil and gas via Troll C in the North Sea. Recoverable volumes are estimated at 116 MMboe, and production is scheduled to start at the end of 2029.
News
June 23, 2025
ROSEN UK has secured a major contract to provide design verification and subsea engineering support for one of the UK’s most significant carbon capture projects. As part of this contract, ROSEN will conduct comprehensive design verification of the project’s CO₂ transportation pipelines.
News
June 23, 2025
Mermaid Subsea Services (UK) has successfully completed a complex wellhead severance project in the Southern North Sea. Previous efforts to remove the target well were unsuccessful, meaning Mermaid had to use dedicated precision subsea tooling and expert project execution to sever and recover the well conductor.
News
June 18, 2025
Subsea7 has secured a substantial contract offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of pipeline bundles, spools, protection covers and tie-ins using key vessels from Subsea7’s fleet. 
News
June 16, 2025
Mermaid Subsea Services (UK) has successfully and safely completed a well intervention on the Teal P2 well in the North Sea. The operation was carried out on behalf of Anasuria Operating Company (AOC), the FPSO Operator for Teal and Teal South.
News
June 12, 2025
JDR Cable Systems (JDR) has successfully completed two new type test qualifications at 132kV for static and dynamic array cables, supporting the next generation of fixed and floating offshore wind projects.
News
June 10, 2025
EIVA and Terradepth have announced a partnership to streamline subsea data workflows by integrating Terradepth's Absolute Ocean platform with EIVA's NaviSuite software. The collaboration automates the entire subsea-to-client data workflow.
News
June 09, 2025
Subsea7 has secured a sizeable contract by Shell for a gas project offshore Trinidad and Tobago. The project involves the transportation and installation of subsea equipment at the Aphrodite development at depths of up to 290 m.
News
June 05, 2025
DRIFT Offshore has established a partnership with UHI North, West and Hebrides, to develop and deliver an introductory training course focused on the operation of remotely operated vehicles (ROVs), trenching and subsea equipment.
News
May 28, 2025
Terradepth has secured a five-year agreement with a major offshore energy company. Terradepth will deploy its Ocean Data as a Service® (ODaaS) solution to deliver autonomous hydrographic survey and data services at a fraction of the traditional time and cost.
News
May 22, 2025
Ocean services provider DeepOcean has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. The acquisition strengthens an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions.
News
May 21, 2025
Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.
News
May 21, 2025
DOF Group ASA has secured four long-term charter and service contract awards with Petrobras in Brazil following a competitive tender process. The combined value of the contracts is approximately $480 million USD. 
News
May 19, 2025
Subsea7 has secured a contract with ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore Norway. The study will finalize the technical definition of the proposed subsea development.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.