The contract encompasses the installation of approximately 75 kilometers of the two 16-inch export pipelines, along with field termination assemblies, in water depths ranging from 1,500 to 2,800 meters.

This agreement further strengthens the partnership between the two companies and supports OMV's gas diversification strategy.

Hartshead Resources NL (HHR) and Rockrose Energy, the joint venture partners behind the project, have also received bids for the construction of platforms.

This forward-looking infrastructure investment could pave the way for Scotland to achieve its ambitious green export goals by 2045.

This achievement follows BP's recent update regarding its progress towards first oil from the Azeri Central East (ACE) project, which involves the sailaway and installation of the ACE platform's topsides unit.

While safe operations persist along the Clair Ridge gas pipeline, the protective concrete mattresses surrounding the subsea pipeline have incurred damage, with one of them torn into sections.

WSG announced on Friday that it has successfully sold its Well Intervention division and plans to utilize the proceeds to lay the foundation for an upcoming phase of international expansion under the newly rebranded name, WSG Energy Services.

A proposed $5 billion export route that would connect gas fields in the Barents Sea, Northern Norway, to European markets is being reconsidered as a solution to Europe's gas crisis, according to a report by Wood Mackenzie.

The tug linked to a russian carrier group has been spotted 30 miles off the coast of the Shetland Isles

Oilfield services provider TechnipFMC has said its Deep Energy vessel has set a new world record for the stiffest pipe ever installed from a Reel-Lay vessel.