Prioritize Mobilization and Supplier Terms Ahead of Subsea Activity

The company has reported the delivery of “critical” subsea equipment that is supporting the next phase of execution

Subsea equipment delivery for GranMorgu; Source: TechnipFMC TechnipFMC, which secured an integrated engineering, procurement, construction, and installation (iEPCI) contract worth over $1 billion in 2024 for the GranMorgu development on Block 58 offshore Suriname, has confirmed that this project continues to make strong progress. The company has reported the delivery of “critical” subsea equipment that is supporting the next phase of execution

The company has reported the delivery of “critical” subsea equipment that is supporting the next phase of execution. According to the firm, the departure of the first drilling equipment and the installation of key floating production, storage, and offloading (FPSO) connection components demonstrate the impact of early collaboration, standardized engineering, and disciplined execution

The firm intends to lease a rig ahead of its planned drilling program, with a rig contract expected to be signed in the coming weeks. The drilling campaign is estimated to take around 400 days, with an option to extend

As a result, the firm emphasizes that there is the potential to drill up to six wells across its expanded portfolio, with the drilling anticipated to begin with the Bruce SCE and SCW wells in Q3 2027. The first production is expected 12 months from the start of drilling

Home Fossil Energy Serica targets production growth with North Sea drilling campaign of up to six wells August 6, 2026, by UK-based upstream oil and gas player Serica Energy is setting the stage to ink a rig deal for its planned multi-well drilling program in the UK sector of the North Sea to achieve high-impact organic production growth

According to a contract notice from August 4, the company is looking to enter framework agreements for ROV inspections and multibeam echo sounder (MBES) seabed surveys, which will be awarded through a competitive negotiated procedure. Vattenfall plans to appoint up to five suppliers for the ROV inspection lot and up to seven suppliers for the seabed survey lot following the completion of the tender, which has an estimated value of €8 million

Home Wind Farms Vattenfall seeks ROV inspection, seabed survey contractors for European offshore wind fleet August 6, 2026, by Vattenfall has launched a tender seeking contractors to provide remotely operated vehicle (ROV) inspections and seabed survey services across its offshore wind portfolio in Denmark, Sweden, the Netherlands and the UK from 2027. According to a contract notice from August 4, the company is looking to enter framework agreements for ROV inspections and multibeam echo sounder (MBES) seabed s

According to the procurement schedule, framework agreements are expected to be signed by the end of May 2027, with services commencing from June 2027. The company said detailed technical requirements will be provided during the tender process

Home Subsea Prysmian buys Scottish training facility for cable jointers August 6, 2026, by Italian cabling company Prysmian has acquired a training facility for high-voltage cable jointers in Scotland, bringing on board over 20 apprentice jointers and experienced training staff. Located in North Ayrshire, the academy will support installation and inspection, maintenance and repair (IMR) operations in the UK and across Europe, helping to ensure the availability of highly trained personnel involved in the deliver

Home Subsea Prysmian buys Scottish training facility for cable jointers August 6, 2026, by Italian cabling company Prysmian has acquired a training facility for high-voltage cable jointers in Scotland, bringing on board over 20 apprentice jointers and experienced training staff

The jointers and training academy that we have acquired is without a doubt an excellence on the global stage and combining this with our know-how established over the decades as the global market leader can only be a force for making the vital upgrades to the key infrastructure that the UK, and Europe depends on, even more effective. ” According to the Italian firm, the acquisition of the facility will secure the future training program and employment opportunities for the many apprentices who have undertaken e