The subsea sector is poised for a resurgence in project sanctioning over the next three years, driven by increased final investment decisions and a focus on tieback developments, despite current supply chain constraints and geopolitical uncertainties.
We're going back to the Big Easy in 2026! Plan to join us March 3-5 in New Orleans, La., for the industry's premier event for learning, networking and engaging with the leaders and influencers on the forefront of subsea technology and advancement.
Seatrium built the FPSO, which will add 180,000 bbl/d to overall production from the field. Features include various energy-efficient and emissions reductions technologies.
The fixtures for the ultradeepwater Deepwater Mykonos drillship and the Transocean Enabler semisub will keep both rigs occupied until at least mid-2027.
Following Maduro's removal, Venezuela faces a prolonged recovery with muted short-term reactions in oil price, but questions about long-term outcomes for heavy oil markets remain.
