Browsing Tag
OneSubsea
16 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.
Rovuma LNG locks in $1.1bn of equipment as ExxonMobil targets 2026 FID
ExxonMobil and its Area 4 partners have committed about $1.1 billion to long-lead equipment for Mozambique’s 18.6mtpa Rovuma LNG project, with a newly disclosed $200 million to $250 million pipe package showing how far procurement is moving before the final investment decision.
SLB (NYSE: SLB) jumps 11% as data centers widen the growth story
SLB stock jumped 11% after a Q2 earnings beat. Can ChampionX, offshore recovery and data-centre growth sustain the rerating?
TechnipFMC wins up to $500m Equinor subsea contracts, but three projects await sanction
TechnipFMC wins up to $500m of Equinor subsea work, but three Norway projects still face sanction, cost and execution tests.
SLB OneSubsea wins Eni contract for Kutei North Hub offshore Indonesia project
SLB’s Eni contract for Kutei North Hub tests subsea execution, Indonesia gas growth and whether offshore awards can lift services sentiment.
Finder Energy’s KTJ oil project wins ANP approval as ASX:FDR jumps 26%
Read why Finder Energy’s KTJ approval sent ASX:FDR higher and what FID, funding and first oil now mean for Timor-Leste oil.
SLB Q1 2026 revenue rises 3% as ChampionX offsets international slowdown
SLB’s revenue grew, but margins cracked under Middle East disruption. ChampionX and AI now carry more of the recovery story.
Aker Solutions stock tumbles over 10% despite strong Q2 results and guidance reaffirmation
Aker Solutions Q2 2025 results met expectations—but shares plunged 10%. Explore the reasons, margin risks, and key investor signals in this detailed analysis.
Subsea 7 and SLB’s OneSubsea secure Petrobras BĂşzios 11 contracts as Brazil’s offshore expansion accelerates
Subsea 7 and SLB’s OneSubsea win major Petrobras contracts for Búzios 11, boosting Brazil’s offshore expansion and strengthening investor confidence.
SLB OneSubsea awarded major Petrobras contract for ultra-deepwater projects offshore Brazil
SLB has announced a landmark contract award from Petrobras to its OneSubsea joint venture, marking a significant achievement…