Offshore

Saipem has secured a $500 million Aramco contract to install a 48-inch trunkline spanning 40 miles offshore and 7 miles onshore in Saudi Arabia’s Safaniya oil field.

Trinidad and Tobago’s energy minister expressed optimism that two key offshore gas projects with Venezuela — backed by Shell, BP and the National Gas Company — may resume after political shifts in Caracas, offering potential supply relief for LNG and petrochemical sectors.

President Donald Trump criticized a new clean energy agreement between California and the United Kingdom, escalating tensions as federal officials weigh expanded offshore oil and gas leasing along the state’s coast.

Worley has been selected to provide EPC management services for the AquaDuctus offshore hydrogen pipeline in the German North Sea, a key project aimed at transporting green hydrogen to mainland Europe and linking future North Sea hydrogen networks.

StreamTec is supporting Worley on the AquaDuctus offshore hydrogen pipeline in the German North Sea, a planned IPCEI project designed to transport green hydrogen from offshore wind to mainland Europe.

Tenaris has secured new contracts to supply pipe for ultra-deepwater gas pipelines in the Black Sea offshore Turkey, supporting the next phase of the Sakarya Gas Project.

Delfin Midstream moves closer to FID on its first floating LNG vessel as turbine manufacturing and key equipment orders advance for the offshore Delfin LNG project.

Saipem has secured a $425 million offshore contract to install 153 km (95 miles) of subsea pipelines for Turkey’s Sakarya gas field, expanding midstream infrastructure tied to the Goktepe discovery in the Black Sea.

TechnipFMC has secured a $250 million–$500 million subsea EPCI contract from Eni for the Coral North FLNG development offshore Mozambique, covering flowlines, risers, manifolds and umbilicals in ultradeep water.

TotalEnergies has strengthened its partnership with PTTEP through a stake adjustment in Malaysia’s SK408 offshore gas block, retaining operatorship while optimizing its regional gas portfolio. The move reinforces Malaysia’s role as a key hub for long-term gas supply and supporting infrastructure in Southeast Asia.

McDermott won an EPCIC contract from PETRONAS Carigali Brunei for a major offshore gas project that includes subsea infrastructure and a new export pipeline supplying Brunei’s LNG sector.

Allseas will install more than 320 miles of deepwater oil and gas export pipelines for Enbridge in the U.S. Gulf of Mexico, expanding subsea capacity and supporting future production growth.

Australia’s 3D Energi has confirmed a new gas discovery at the Essington-1 well in the offshore Otway Basin—part of the first major offshore exploration push in eastern Australia in nearly a decade. With Bass Strait declines accelerating, the find could support future supply and midstream infrastructure needs.

Golar LNG has closed a $1.2 billion refinancing for its FLNG Gimi vessel, unlocking $400 million in liquidity and securing improved terms for one of the world’s major floating LNG assets. The deal signals strong lender appetite for offshore gas infrastructure amid rising global LNG demand.

Greece has approved environmental terms for the Prinos CO₂ Storage Project, clearing the way for a new 12-mile subsea pipeline, upgraded offshore platforms and injection wells that will support up to 1 million tonnes of annual CO₂ storage starting in 2027.