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Houston-based subsea equipment specialist Koil Energy has secured a multi-million dollar subsea safety control system contract from a major international energy company. The contract includes the design, procurement, manufacturing, installation and testing of KOIL’s technology solutions. Engineering and procurement will begin in 2024, followed by manufacturing in Houston in 2025.

UK-based Exail has been contracted by French maritime services provider Bourbon to supply Octans Attitude and Heading Reference System (AHRS) units for integration into its fleet. Octans AHRS will increase the efficiency of Bourbon vessels in installation, maintenance and repair tasks in the oil and gas and offshore wind industries. The units will be installed on several Bourbon Evolution 800 Series multipurpose support vessels, providing measurements of roll, pitch and heave.

France-based Vallourec has secured an order from ExxonMobil to supply line pipe for the Whiptail development offshore Guyana. This is the fourth major order within the framework of the long-term agreement signed in 2021. The Whiptail order strengthens Vallourec’s strategic supplier relationship with ExxonMobil Guyana. The project is located in the Stabroek Block, a strategic basin covering an area of ​​26,800 square kilometers off the Guyana continental shelf.

Malaysia-based Sapura Energy has been awarded a five-year contract to provide subsea services to the Malaysian subsidiary of Thai oil company PTTEP. The contract, which is effective from February 21, 2024, includes diving support vessels, air and saturation diving systems, remotely operated vehicles (ROVs) and other related subsea services. Sapura's scope of work includes subsea inspection, restoration, maintenance, abandonment, intervention and decommissioning. PTTEP's investment portfolio in Malaysia includes exploration, development and production phases.

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