The Luxembourg-based group will handle engineering, procurement, commissioning and installation of flexible pipelines and umbilicals to link a new field to Egypt’s existing offshore infrastructure, with offshore work scheduled for 2026.
The European Investment Bank is providing €1.6bn ($1.73bn) for the first submarine power cable between Spain and France, a 400 km link that will raise exchange capacity to 5 000 MW by 2028.
Subsea7 has secured a subsea installation contract awarded by Shell for the Aphrodite gas project offshore Trinidad and Tobago, with operations scheduled for 2027.
Bp awards a contract valued between $150mn and $300mn to Subsea Integration Alliance to develop the offshore Ginger field under a new global framework agreement.
H2APEX announces €35mn financing from its main shareholders and plans a €30mn capital increase in June to accelerate the development of its hydrogen production capacities in Germany.
The US decision halts Trinidad and Tobago’s gas ambitions tied to the offshore Dragon field, undermining agreements with Caracas and several major energy companies.
Italian group Snam will acquire nearly a quarter of Open Grid Europe for €920mn, expanding its gas infrastructure presence in Germany, subject to regulatory approvals expected by the third quarter of 2025.
TSG has completed the acquisition of Leirivolt in Portugal and Kronenburg Techniek in the Netherlands, consolidating its expansion strategy in intelligent energy services across Europe.
Perenco will acquire Woodside’s oil and gas assets in Trinidad and Tobago, expanding its national output beyond 500 million standard cubic feet per day following expected closing by the third quarter of 2025.
The bp Trinidad and Tobago joint venture has launched production at the offshore Cypre field, marking bp’s second major start-up in 2025 and strengthening its shallow-water footprint in the region.
Subsea7 has been awarded a major contract by Equinor for Phase 2 of the Northern Lights project, involving the installation of a CO2 pipeline offshore Norway, with operations scheduled for 2026 and 2027.
Hydrogène de France (HDF Energy) reports a sharp increase in annual revenue to €11.1mn and initiates production of its fuel cells at its Blanquefort industrial site, supported by €172.7mn in public funding.
Shell Global Solutions International B.V. has awarded McDermott a three-year framework agreement for engineering, procurement and project management services across several strategic markets.
Colombian President Gustavo Petro has ordered an investigation into alleged price speculation by local gas suppliers in response to price spikes reaching up to 36%, and announced a new import agreement with Qatar.
Three new industrial projects at Le Havre Port, valued at €2.6 billion, aim to create 640 jobs and strengthen French energy sovereignty around lithium, hydrogen, and methanol.
In diversifying its energy markets, Nigeria partners with Grenada to develop the island’s hydrocarbon resources, with a potential multi-billion-dollar investment.
The European Union is warning that France is lagging behind in terms of renewable energies, and insisting on greater efforts to meet the common energy targets set for 2030.
