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Subsea7 wins contract for Equinor’s Fram Sør project, offshore Norway

Oil & Gas 360º

(World Oil) – Subsea7 has been awarded a large 1 contract by Equinor relating to the Fram Sør development project, offshore Norway, the company announced Thursday. Offshore installation activities are expected in 2026, 2027 and 2028. The Fram Sør project will be connected to the existing Fram and Troll C infrastructure.

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OEG to Support Inch Cape Offshore Wind Farm Construction until 2027

Offshore Energies UK

OEG, a leading energy solutions business, has won a multi-million-pound contract to support the construction phase of the Inch Cape Offshore Wind Farm until operational in 2027. Over 100 OEG personnel will support the delivery of this contract, which includes the recent addition of six new appointments.

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Subsea7 Wins Contracts Offshore Norway, Egypt

Rigzone

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Subsea7 Wins Contracts Offshore Norway, Egypt by Rocky Teodoro | Rigzone Staff | Wednesday, July 23, 2025 | 8:00 AM EST The company was awarded two contracts offshore Norway and one offshore Egypt. Image by curraheeshutter via iStock Subsea 7 S.A. The Fram Sor area is located 6.2

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ADNOC Drilling secures five-year, $800 million contract for oilfield services

Oil & Gas 360º

It also provides further growth and upside in 2027 onwards beyond the current guidance. billion 15-year contract for two jack-up rigs, all awarded by ADNOC Offshore, and a $400 million backlog of ADNOC Drilling’s signed acquisition in Oman and Kuwait. Other recent awards include a $1.63

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Citi sees oil prices supported by risk premium, capped by 2026 oversupply

Oil & Gas 360º

In a new research note examining the offshore drilling sector, Citi outlines its base case assumptions and market outlook for dayrates and oil pricing fundamentals. The Offshore Driller stocks have rallied hard off their April lows, rising 20% over the past month,” Citi noted, outperforming the broader Oil Services Index (OIH), which rose 9%.

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Enbridge Announces 600-Megawatt Solar Project to Support Meta Platforms, Inc. Data Center Operations

Oil & Gas 360º

Construction is underway, and the facility is expected to enter in service during the summer of 2027. Enbridge’s estimated project cost is US$0.9b and the project is expected to be accretive to cash flow and earnings per share starting in 2027. Meta Platforms, Inc.,

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Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets: Bousso

Oil & Gas 360º

million bpd by the end of 2027. Closing Bell Story‎ Crude Oil Featured Mergers, Acquisitions & Divestitures Offshore American oil Chevron Exxon arbitration ExxonMobil Guyana prize assets ARMS RACE Exxon and Chevron both trace their roots to Standard Oil, the conglomerate formed by John D. government in 1911. (Ron

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