Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units.The MoU is among the initiatives aimed at promoting and developing Italy鈥檚 national excellence in the underwater sector.The agreement aims to enable the two鈥
Oilfield services firm TechnipFMC said Monday it had won a significant contract with Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola.For TechnipFMC, a 鈥渟ignificant鈥 contract is between $75 million and $250 million鈥
