Reposition Contracts Ahead of Offshore Mobilization and Subsea Consolidation

According to Huisman, the equipment package will support a wide range of offshore construction and installation activities on the next-generation deepwater offshore installation vessel

Home Subsea Huisman equipment ordered for SBM Offshore and Solstad’s installation vessel August 3, 2026, by Huisman has been selected to deliver advanced lifting and handling systems for an offshore installation vessel being built for the joint venture (JV) of Norwegian Solstad Offshore and Netherlands-based SBM Offshore. Source: Huisman Awarded by CIMC Raffles Offshore, the contract will see Huisman deliver an integrated package comprising a 350mt A-frame, a 500mt knuckle boom crane, a 20mt auxiliary crane, and

Home Subsea Huisman equipment ordered for SBM Offshore and Solstad’s installation vessel August 3, 2026, by Huisman has been selected to deliver advanced lifting and handling systems for an offshore installation vessel being built for the joint venture (JV) of Norwegian Solstad Offshore and Netherlands-based SBM Offshore

Deepsea Atlantic rig; Source: Odfjell Drilling Odfjell Drilling’s Deepsea Atlantic rig has resumed operations after spending a total of 106 days off-hire in the aftermath of an equipment-handling incident, which occurred in April 2026, when the blowout preventer (BOP) dropped to the seabed at an approximate depth of 1,100 meters

While the semi-submersible was off-hire, the offshore drilling firm was able to recover the dropped BOP before returning the rig to the yard to carry out repairs and install the spare blowout preventer it had in stock. Odfjell Drilling highlights that it has insurance that covers recovery and/or replacement of the dropped BOP as well as costs associated with repair work on the rig itself

Odfjell Drilling highlights that it has insurance that covers recovery and/or replacement of the dropped BOP as well as costs associated with repair work on the rig itself

Home Subsea Subsea7 scores ‘sizeable’ contract in Brunei August 3, 2026, by Subsea7 has secured a contract with Brunei Shell Petroleum (BSP), a joint venture company between the Brunei government and the UK-headquartered Shell, covering subsea installation for a pipeline replacement project offshore Brunei. Source: Subsea7 Subsea7’s scope of work includes the engineering, procurement, construction and installation (EPCI) of subsea pipeline and riser systems for offshore assets, in water depths up to 50 meters

Source: Subsea7 Subsea7’s scope of work includes the engineering, procurement, construction and installation (EPCI) of subsea pipeline and riser systems for offshore assets, in water depths up to 50 meters

Project management and engineering work will begin immediately from Subsea7’s office in Kuala Lumpur, Malaysia, with support from offices in Perth, Australia, Paris, France and other global locations. David Bertin, Senior Vice President for Subsea7 Global Projects Centre East, said: “This award represents an important milestone in our relationship with BSP that began in 2018

The transaction is expected to complete in early 2027, subject to regulatory approval and closing conditions

“We believe Aphrodite remains an attractive development opportunity and will play an important role in supporting regional energy needs,” said Cederic Cremers, Shell’s Integrated Gas President

Upon completion of the transaction, MOL will assume Shell’s rights and obligations associated with the interest. To remind, BG Group acquired the Aphrodite interest in 2015 through BG Cyprus, which then became a Shell subsidiary following the UK major’s acquisition of BG Group in February 2016