Connection

popular articles

Poland: TotalEnergies invests in renewable energies
ECB: Gas price shocks amplify eurozone inflation
Iran accelerates uranium enrichment with advanced centrifuges
ChampionX receives EPA approval for methane leak detection technology
Radial Power acquires 22.3 MW of community solar projects in New York City

Subsea7 wins major contract for the Belinda project in the North Sea

Subsea7 wins a 50-150 million contract with Serica Energy for the development of the Belinda field in the North Sea, including project management, engineering, procurement, construction and installation.

Please share:

Subsea7 S.A. announces a significant contract award from Serica Energy for the development of the Belinda field, located approximately 190 kilometers east of Aberdeen in the Central North Sea. The field, operated by Serica Energy, lies at a water depth of 95 meters. The contract covers the project management, engineering, procurement, construction and installation (EPCI) of a 5-kilometer production pipeline with a gas lift line and electro-hydraulic control umbilical. Associated subsea structures and connections to the Dana Petroleum-operated Triton floating production, storage and offloading (FPSO) vessel are also included in the contract. Project management and engineering work will start immediately in Aberdeen, while offshore operations are scheduled for the third quarter of 2025.

Subsea7 expertise and commitment

Steve Wisely, Senior Vice President of Inspection, Repair and Maintenance in the UK and worldwide at Subsea7said: “We are delighted to have this opportunity to provide our EPCI expertise to Serica Energy, and to demonstrate the extensive experience we have accumulated in the North Sea over the past 50 years. We look forward to supporting the safe, efficient and timely execution of this project. Subsea7 continues to create sustainable value by being the industry’s partner and employer of choice for the delivery of offshore solutions.

Economic Impact and Prospects

The contract, worth between $50 and $150 million, underlines the strategic importance of the Belinda field development for the North Sea region. By joining forces with Serica Energy, Subsea7 strengthens its position as a provider of subsea engineering and construction solutions. The North Sea remains a crucial region for the oil and gas industry, with projects like Belinda contributing to energy security and economic growth. Subsea7’s contract win for the Belinda project in the North Sea represents a major development for the offshore industry, and a testament to the company’s expertise and commitment to efficient and sustainable energy solutions. With operations scheduled for 2025, this project is well positioned to contribute to the region’s energy economy.

Register free of charge for uninterrupted access.

Publicite

Latest news

Ecuador demands a $1.5bn deposit for the development of its largest oil field
Maduro threatens to halt oil exploration in Essequibo, a disputed area with Guyana
Getlink’s net profit drops by 5% in 2024, impacted by competition and ElecLink suspension
The United Kingdom considers a new tax system to replace the oil superprofits tax
Alaska pipeline project could meet Asian demand

Recently published in

Ecuador demands a $1.5bn deposit for the development of its largest oil field

Ecuadorian president Daniel Noboa has threatened not to sign the development contract for the Sacha oil field unless a $1.5bn deposit is paid within six days by the Sino-Canadian consortium.
Maduro threatens to halt oil exploration in Essequibo, a disputed area with Guyana
Venezuelan President Nicolas Maduro has warned Guyana and ExxonMobil against any oil exploration in the contested Essequibo region. He stated that Venezuela would take "all necessary measures" to stop these activities.
en_1140290949540-5
Maduro threatens to halt oil exploration in Essequibo, a disputed area with Guyana
Venezuelan President Nicolas Maduro has warned Guyana and ExxonMobil against any oil exploration in the contested Essequibo region. He stated that Venezuela would take "all necessary measures" to stop these activities.
en_1140290949540-5
Petro-Victory and Blue Oak acquire Capixaba Energia to strengthen their presence in Brazil
Petro-Victory Energy Corp. and Blue Oak Investments have reached an agreement to acquire Capixaba Energia LTDA, an integrated onshore production company in Brazil, aimed at expanding their presence in the country's oil and gas sector.
en_1140290952540-5
Petro-Victory and Blue Oak acquire Capixaba Energia to strengthen their presence in Brazil
Petro-Victory Energy Corp. and Blue Oak Investments have reached an agreement to acquire Capixaba Energia LTDA, an integrated onshore production company in Brazil, aimed at expanding their presence in the country's oil and gas sector.
en_1140290952540-5
McDermott completes EPCIC project for Shell in the Gulf of Mexico
McDermott successfully completes EPCIC works for Shell Offshore Inc. in the Gulf of Mexico, enabling the start of oil production from the Whale platform.
en_1140290946540-4
McDermott completes EPCIC project for Shell in the Gulf of Mexico
McDermott successfully completes EPCIC works for Shell Offshore Inc. in the Gulf of Mexico, enabling the start of oil production from the Whale platform.
en_1140290946540-4

Arrest of South Sudan’s Oil Minister Amid Rising Political Tensions

South Sudan's Minister of Petroleum, Puot Kang Chol, was arrested on the night of March 4-5, exacerbating tensions between supporters of President Salva Kiir and those of Vice President Riek Machar.
Competition between Dangote and NNPC drives down petrol prices in Nigeria
Increased competition between Dangote’s refinery and NNPC has led to a significant reduction in petrol prices in Nigeria, providing economic relief to consumers.
en_1140290945540-4
Competition between Dangote and NNPC drives down petrol prices in Nigeria
Increased competition between Dangote’s refinery and NNPC has led to a significant reduction in petrol prices in Nigeria, providing economic relief to consumers.
en_1140290945540-4
The United States gives Chevron a one-month deadline to wind down operations in Venezuela
Washington has ordered Chevron to cease its operations in Venezuela by April 3, a decision that could have significant implications for the global oil market, according to analysts.
en_1140290948540-4
The United States gives Chevron a one-month deadline to wind down operations in Venezuela
Washington has ordered Chevron to cease its operations in Venezuela by April 3, a decision that could have significant implications for the global oil market, according to analysts.
en_1140290948540-4
Opec+ announces gradual increase in production, causing oil prices to fall
Opec+ has reaffirmed its plan for a gradual increase in oil production starting from April 2025, a decision that has led to a drop in oil prices, particularly Brent. This strategy marks a shift in the cartel’s approach.
en_1140290943540-5
Opec+ announces gradual increase in production, causing oil prices to fall
Opec+ has reaffirmed its plan for a gradual increase in oil production starting from April 2025, a decision that has led to a drop in oil prices, particularly Brent. This strategy marks a shift in the cartel’s approach.
en_1140290943540-5

Evolution Petroleum acquires non-operated oil and natural gas assets in Texas, New Mexico, and Louisiana

Evolution Petroleum has announced the acquisition of non-operated assets across three US states, representing a net production of 440 barrels of oil equivalent per day, for a purchase price of $9 million.
The United States to impose tariffs on energy imports from Mexico and Canada
The US government has announced a 10% tariff on oil imports from Canada and a 25% tariff on those from Mexico, effective from March 4. This decision will directly affect the refining sector in the United States.
en_1140290943540-4-2
The United States to impose tariffs on energy imports from Mexico and Canada
The US government has announced a 10% tariff on oil imports from Canada and a 25% tariff on those from Mexico, effective from March 4. This decision will directly affect the refining sector in the United States.
en_1140290943540-4-2
Morocco: Predator Oil begins drilling MOU-5 well in Guercif to assess 6 TCF gas potential
Predator Oil continues its work in Guercif, Morocco, with the drilling of the MOU-5 well. The goal is to assess the estimated 6 TCF reserves as part of the national effort to secure gas supply.
en_1140290961540-2
Morocco: Predator Oil begins drilling MOU-5 well in Guercif to assess 6 TCF gas potential
Predator Oil continues its work in Guercif, Morocco, with the drilling of the MOU-5 well. The goal is to assess the estimated 6 TCF reserves as part of the national effort to secure gas supply.
en_1140290961540-2
VAALCO strengthens its presence in Africa with the acquisition of the CI-705 block in Côte d’Ivoire and increased production in Gabon
VAALCO continues its expansion in West Africa with the acquisition of a 70% stake in the offshore CI-705 block in Côte d'Ivoire and an ambitious plan to double its crude production in Gabon by 2026.
en_1140290959540-3
VAALCO strengthens its presence in Africa with the acquisition of the CI-705 block in Côte d’Ivoire and increased production in Gabon
VAALCO continues its expansion in West Africa with the acquisition of a 70% stake in the offshore CI-705 block in Côte d'Ivoire and an ambitious plan to double its crude production in Gabon by 2026.
en_1140290959540-3

Sino-Canadian consortium awarded operation of Ecuador’s largest oil field

Ecuador has granted a concession for its main oil field, Sacha, to a consortium formed by Sinopec and New Stratus Energy. The contract, to be signed in April, aims for a significant production increase within three years.
Aramco announces a 12.39% decrease in profits in 2024
The Saudi oil giant Aramco experienced a significant decline in profits in 2024, attributed to falling oil prices, reduced production, and higher operating costs.
en_1140290949540-3
Aramco announces a 12.39% decrease in profits in 2024
The Saudi oil giant Aramco experienced a significant decline in profits in 2024, attributed to falling oil prices, reduced production, and higher operating costs.
en_1140290949540-3
Opec+ production increases lead to a drop in oil prices
Oil prices dropped this Tuesday after Opec+’s decision to maintain its plan of gradual production increases starting in April, despite calls from the US president to reduce energy prices.
en_1140290950540-3
Opec+ production increases lead to a drop in oil prices
Oil prices dropped this Tuesday after Opec+’s decision to maintain its plan of gradual production increases starting in April, despite calls from the US president to reduce energy prices.
en_1140290950540-3
Chevron continues deepwater oil exploration investments in Nigeria
Despite major withdrawals, Chevron remains committed to deepwater exploration in Nigeria, with expansion projects aimed at boosting its offshore production in the coming years.
en_1140290960540-2
Chevron continues deepwater oil exploration investments in Nigeria
Despite major withdrawals, Chevron remains committed to deepwater exploration in Nigeria, with expansion projects aimed at boosting its offshore production in the coming years.
en_1140290960540-2

End of Chevron’s licence in Venezuela: what consequences for the economy and international relations?

The cancellation of Chevron's operating licence in Venezuela, announced by the Trump administration, could exacerbate the country's economic crisis while redefining its relations with the United States. Experts are considering several scenarios regarding the next developments.
Pemex records a net loss of $30.3bn in 2024
Mexican state-owned oil company Pemex has reported a net loss of $30.3bn in 2024, following a profit in 2023, due to a decline in sales and an increase in operating costs.
en_1140290945540
Pemex records a net loss of $30.3bn in 2024
Mexican state-owned oil company Pemex has reported a net loss of $30.3bn in 2024, following a profit in 2023, due to a decline in sales and an increase in operating costs.
en_1140290945540
New discoveries at the Mopane field in Namibia bolster the country’s oil ambitions
Namibia has announced new discoveries at the Mopane oil field offshore. This development could accelerate the country's ambitions to become a crude oil producer by 2029.
en_1140290952540-18
New discoveries at the Mopane field in Namibia bolster the country’s oil ambitions
Namibia has announced new discoveries at the Mopane oil field offshore. This development could accelerate the country's ambitions to become a crude oil producer by 2029.
en_1140290952540-18
European oil majors slow down their energy transition
Several major European oil companies, including BP, are adjusting their climate strategies, reducing investments in renewable energy to focus on increasing oil and gas production in order to improve their profitability.
en_1140290954540-18
European oil majors slow down their energy transition
Several major European oil companies, including BP, are adjusting their climate strategies, reducing investments in renewable energy to focus on increasing oil and gas production in order to improve their profitability.
en_1140290954540-18

BP revises its strategy, market expects a return to hydrocarbons

British oil giant BP will present a strategic revision on Wednesday, marked by a shift back to fossil fuels and a reduction in renewable energy investments, following a sharp decline in net profit last year.
Niger exports over 14 million barrels of oil via Benin
Niger has shipped more than 14 million barrels of crude oil through Benin despite diplomatic tensions. The China National Petroleum Corporation manages extraction and holds a significant share of the exported volumes.
en_1140290948540-16
Niger exports over 14 million barrels of oil via Benin
Niger has shipped more than 14 million barrels of crude oil through Benin despite diplomatic tensions. The China National Petroleum Corporation manages extraction and holds a significant share of the exported volumes.
en_1140290948540-16
Strengthening offshore oil regulations in Brazil: challenges for the industry
Brazil, one of the world's leading oil producers, is tightening regulations on offshore exploration and production, impacting the industry and investments. The measures aim to enhance safety and limit environmental impacts.
en_1140290952540-16
Strengthening offshore oil regulations in Brazil: challenges for the industry
Brazil, one of the world's leading oil producers, is tightening regulations on offshore exploration and production, impacting the industry and investments. The measures aim to enhance safety and limit environmental impacts.
en_1140290952540-16
Algeria: new auction of oil and gas blocks scheduled for October 2025
Algeria is preparing a new call for tenders for the allocation of oil and gas blocks, scheduled for October 2025. This programme aims to attract international investments and strengthen national hydrocarbon production in a context of strong energy demand.
en_1140290954540-16
Algeria: new auction of oil and gas blocks scheduled for October 2025
Algeria is preparing a new call for tenders for the allocation of oil and gas blocks, scheduled for October 2025. This programme aims to attract international investments and strengthen national hydrocarbon production in a context of strong energy demand.
en_1140290954540-16

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS