industry update
McDermott subsea contract
McDermott has been awarded a large offshore subsea contract by PTTEP Sabah Oil Limited( PTTEP) for the Block H gas field expansion project, located offshore Sabah, in East Malaysia, covering the Alum, Bemban, and Permai deepwater fields. Under the scope of the contract, McDermott will deliver engineering, procurement, construction, and installation( EPCI) services for a carbon steel pipeline, along with transportation and installation of key subsea umbilicals, risers, and flowlines( SURF) components. The infrastructure is part of a broader system designed to support the delivery of additional feed gas to the Petronas Floating Liquefied Natural Gas Dua( PFLNG DUA) facility, which has been producing from Block H’ s Rotan and Buluh fields since 2021.
Baker Hughes secures LNG Expansion
Baker Hughes has announced an award from engineering company Bechtel Energy Inc. to supply main liquefaction equipment for Train 4 of NextDecade’ s Rio Grande LNG Facility in the Port of Brownsville, Texas. The award builds on a previously announced framework agreement for Baker Hughes’ gas turbine and refrigerant compressor technology and contractual |
services agreements for Trains 4 through 8. Replicating the technology solutions provided for the first three LNG trains, the Train 4 order includes two Frame 7 gas turbines, known for their proven reliability and energy efficiency, and six centrifugal compressors. These advanced solutions deliver efficiency and lower emissions, supporting |
an additional LNG capacity of approximately 6 MTPA at the |
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facility and enabling sustainable energy development. |
Fairbanks Morse Defense acquires Vestdavit
Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has acquired Vestdavit, a supplier of davits and advanced handling systems based in Bergen, Norway. The acquisition strengthens FMD’ s position as a global provider of mission-critical maritime equipment and enhances its ability to deliver fully integrated product and service capabilities to naval and commercial operators worldwide. Vestdavit brings more than four decades of expertise and a track record of over 2,200 davit systems delivered to naval and offshore operators. The Company pioneered dual-point lifting systems, automated boat-handling technologies, and advanced launch and recovery systems( LARS) for unmanned surface and sub-surface vessels. These innovations are critical for the US Navy’ s planned Large Unmanned Surface Vessels( LUSVs) and the Large Unmanned Undersea Vessels( UUVs). Fairbanks Morse Defense will also add Vestdavit’ s manufacturing facility in Poland and service centres in the Netherlands and Seattle, Washington, to its operational network. Vestdavit customers will gain access to FMD’ s full portfolio of engines, motors, valves, ventilation systems, water purification and treatment systems, and other OEM technologies. www. valve-world. net Valve World November 2025
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