Browsing Tag
Nova
3 posts
Subsea7 (SUBC) wins $150m-$300m Aker BP contract for Norway’s fast-track Lyra oil development
Subsea7 has secured a substantial engineering and installation contract for Aker BP's Lyra field development in the Norwegian North Sea, with a disclosed value band of $150 million to $300 million. The award uses existing offshore infrastructure to accelerate production, while Subsea7's profitability, vessel utilisation and pending combination with Saipem remain important considerations.
AnySignal and Apex integrate AnyLink communications into mass-produced satellite platforms
AnySignal has expanded its partnership with Apex to make AnyLink communications available as an option on Apex satellite buses, potentially giving the startup access to a high-rate spacecraft production channel without guaranteeing that every Apex vehicle becomes an AnySignal customer.
OKEA ASA posts $36m Q1 profit as Brage hits 14-year production high, Statfjord impairment reversed
OKEA reversed a $154M impairment and posted Q1 profit, but hedge losses and a parked dividend reveal the harder trade-off beneath Brage's 14-year production high.