Marine Heavy Transport has launched the “Titan Lifter 3000”, a cutting-edge heavy lift vessel designed to enhance offshore installation and module transportation operations. With an impressive lifting capacity of 3,000 tons, the vessel features advanced stabilization systems and fuel-efficient engines, setting a new standard for efficiency and sustainability in offshore energy, oil and gas, and
TechBuild Solutions has unveiled “EPCI SmartPlan”, an AI-driven project management platform designed to optimize engineering, procurement, construction, and installation (EPCI) workflows. Launched in mid-February 2025, this cutting-edge software aims to enhance efficiency, accuracy, and decision-making in large-scale industrial projects by leveraging real-time analytics, predictive scheduling, and resource optimization. The EPCI industry, known for its complex
In a groundbreaking development for the offshore and subsea industries, OceanTech Robotics has unveiled an autonomous subsea welding robot capable of executing high-precision welding tasks at depths exceeding 3,000 meters. This cutting-edge technology is set to revolutionize deepwater construction, maintenance, and repair operations by significantly enhancing efficiency, safety, and cost-effectiveness in extreme underwater environments. The
Nigeria’s energy and construction sectors are undergoing significant changes following the rollout of a new regulatory framework that directly impacts Engineering, Procurement, Construction, and Installation (EPCI) firms. This policy aims to enhance transparency, enforce environmental sustainability, and ensure compliance with global standards. EPCI companies operating within Nigeria’s oil and gas sector must adapt quickly to
The EPCI (Engineering, Procurement, Construction, and Installation) industry is on the verge of a major shake-up, and at the center of it is Petrobras. Recent reports suggest that Petrobras is considering a groundbreaking shift in how it handles subsea contracting—a move that could disrupt global market dynamics and redefine how major oil and gas projects
Saipem, a global leader in offshore engineering and construction, has secured a major contract from Shell Nigeria Exploration and Production Company (SNEPCo) for the development of the Bonga North deepwater oil field offshore Nigeria. The contract, valued at approximately $900 million, marks a significant milestone in Nigeria’s offshore oil and gas sector and reinforces Saipem’s
Global energy services company TechnipFMC has been awarded a significant contract to supply subsea production systems for Shell’s Bonga North development offshore Nigeria. This deal reinforces TechnipFMC’s role as a key player in subsea technology and highlights the continued investment in Nigeria’s deepwater oil and gas sector. Contract Scope and Deliverables Under the contract, TechnipFMC
Saipem, a global leader in engineering, procurement, construction, and installation (EPCI) services, has secured a landmark $900 million contract for the development of Shell’s Bonga North project, located offshore Nigeria. This award further solidifies Saipem’s strong presence in deepwater operations and highlights its long-standing partnership with Shell in Africa’s energy sector. Project Overview The Bonga
In a surprising strategic pivot that has sent ripples through the global energy market, BP is shifting its focus back to fossil fuels while significantly reducing its investments in renewable energy. This move comes in the wake of a staggering $2 billion loss incurred in its renewable portfolio, prompting the energy giant to reexamine its