Reposition Contracts and Schedules Ahead of Riser Repair and Capacity Shifts

The global SURF services market is perceived to already be highly concentrated, with Saipem and Subsea7 being two of the three market leaders with very few credible alternatives. Focus on potential risks for competition, prices, and innovation The European Commission’s preliminary investigation indicates that the transaction may significantly reduce competition on the already highly concentrated SURF services market for oil and gas and CCS projects

These findings underline that Saipem and Subsea7 are two of the three leading suppliers in the world, and the merged entity would have high market and capacity shares in these markets

Home Fossil Energy Saipem-Subsea7 merger under the microscope as EU flags competition concerns July 24, 2026, by A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU) over offshore market concentration due to subsea umbilicals, risers, and flowlines (SURF) and carbon capture and storage (CCS) market dominance, potentially threatening to undermine competition, raise costs, and curtai

Sites that are listed as commissioning have introduced feedgas, system testing, and first LNG production and exports but have not started meeting long-term shipping obligations. Energia Costa Azul, the second liquefied natural gas (LNG) export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on July 8, according to the project developer

4 billion cubic feet per day (Bcf/d) of nominal export capacity from a single train, tripling Mexico’s LNG export capacity. The facility is the first terminal in Mexico and the second in North America, following LNG Canada, to be located on the Pacific Coast, boosting North American export capacity there to 2

Energia Costa Azul, the second liquefied natural gas (LNG) export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on July 8, according to the project developer

Who Dat; Source: Delmar After a minor riser leak was discovered at Who Dat in February 2026, approximately 15,000 barrels of oil equivalent per day (boepd) of gross production was affected from seven wells. The JV, comprising LLOG (operator, 40%), Karoon (40%), and Westlawn (20%), continues to progress a structured remediation plan, with the operator advising that the next phase involves removal and analysis of the riser, currently planned to kick off in the third quarter of 2026

Gulf of Mexico) following a riser leak; however, the start-up of a sidetrack well is supporting near-term production, as the company and its joint venture (JV) partners move forward with a structured remediation plan to replace the riser. Who Dat; Source: Delmar After a minor riser leak was discovered at Who Dat in February 2026, approximately 15,000 barrels of oil equivalent per day (boepd) of gross production was affected from seven wells

S. Gulf of Mexico) following a riser leak; however, the start-up of a sidetrack well is supporting near-term production, as the company and its joint venture (JV) partners move forward with a structured remediation plan to replace the riser

The upgraded DJF lays the foundation for a more automated, data-driven and future-ready pipelay process, while extensive renewal work throughout the vessel strengthens reliability, efficiency and performance for the years ahead,” Allseas reported. Following sea trials, Solitaire will return to commercial operations in the Gulf of Mexico on an ultra-deepwater pipeline project, before starting a two-year global campaign in West Africa, Taiwan and Australia, delivering more than 1,250 kilometers of pipeline

Home Subsea Allseas’ large 28-year-old pipelayer returns to sea after major 10-month upgrade July 24, 2026, by Allseas’ Solitaire, one of the world’s largest pipelay vessels, is heading back to sea following a ten-month renewal and upgrade program that further advances its installation capabilities and production efficiency. Source: Allseas via LinkedIn It was announced last year that the 397-meter-long vessel, operational since 1998, was to undergo major modernization, with upgrades to pipe handling, tracking

The programme represents a strategic reinvestment in a vessel that has helped define offshore pipelay for nearly three decades. The upgraded DJF lays the foundation for a more automated, data-driven and future-ready pipelay process, while extensive renewal work throughout the vessel strengthens reliability, efficiency and performance for the years ahead,” Allseas reported

The suite of solutions encompasses monitoring vessel performance, as GTT Marine’s data acquisition capability enables the collection, structuring, and analysis of operational data, combining noon-reports with high-frequency sensor data

The suite of solutions encompasses monitoring vessel performance, as GTT Marine’s data acquisition capability enables the collection, structuring, and analysis of operational data, combining noon-reports with high-frequency sensor data. Afterward, the data is turned into actionable insight through Vesper Insights, giving crews and fleet management teams a clearer, evidence-based view of vessel performance over time and helping them prioritize technical, operational and maintenance actions

LNG vessel; Source: GTT GTT Marine will equip the Petronas-chartered LNG carrier fleet with its suite of digital solutions, supporting the Malaysian giant in implementing an integrated approach to overall vessel performance to improve operational efficiency, control costs, and reduce emissions. The company emphasizes that this commitment can also be extended to accommodate the future expansion of the Asian energy firm’s chartered LNG carrier fleet