Offshore Energy

CNOOC’s operating results for the third quarter of 2026 show that the company kept increasing its reserves and production while progressing exploration and development projects, achieving continued growth in net …

Solstad Maritime (SOMA) has secured two firm contracts for its 2009-built construction support vessel (CSV) for subsea and ROV support activities in the Asia Pacific (APAC) region. The contracts have …

The 2014-built Noble BlackHawk drillship has secured one-well contract with Apache Corporation in Uruguay, which is expected to begin in Q4 2027, with an estimated duration of 50 days. This …

The multibillion-euro Biscay Gulf interconnector, set to increase electricity exchange capacity between Spain and France from 2.8 GW to 5 GW, is 70% complete, with onshore cable laying currently underway. …

Siem Industries has selected Huisman to deliver knuckle boom cranes for the two offshore support vessels (OSVs) it recently ordered from China. Under the awarded contract, Huisman will supply two …

Following the rejection of its license application in May 2023, Petrobras worked with the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) to secure a license in August …

Seatrium has secured what it describes as a major FPSO integration contract award with SBM Offshore, which reinforces the duo’s longstanding partnership. This FPSO will support offshore developments in South …

Wave energy developer Eco Wave Power has secured a purchase order for the initial site assessment phase of the planned wave energy project in Mumbai, India, that the company is …

According to Borr Drilling, the rig owner has been notified that an underwater remotely operated vehicle (ROV) has located the bodies of three individuals. Currently, recovery efforts are underway, and …

MOL has signed a long-term time charter contract with Deutsche ReGas for the deployment of an FSRU at Germany’s Deutsche Ostsee LNG terminal in Mukran. As a result, an LNG …

The Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, has completed an appraisal program offshore the UK exploring carbon storage capacity. Together with extensive geophysical surveys, …

Seaway7 has completed the final inter-array cable lay at the 1.4 GW East Anglia Three offshore wind farm in the UK. Seaway7's teams installed 95 inter-array cables, totalling more than …

PMS has completed the installation of two offshore production platforms, Hoor-1/2 and KSE-1, as part of Phase Four of the development project at the Kamose offshore gas field, operated by …

Woodside has signed a long-term sale and purchase agreement (SPA) with QatarEnergy for the supply of up to 3 million tonnes per annum (mtpa) of LNG for 20 years from …

VARD has launched the energy construction vessel (ECV) it is building for Norway's Wind Energy Construction, a company partly owned by the founders and owners of Norwind Offshore, one year …

Carnegie Clean Energy has completed the fabrication of the buoyant actuator, the prime mover of the CETO wave energy system, and is now preparing it for transport to the Port …

The Norwegian Offshore Directorate has disclosed that Equinor, together with its partners, Orlen Upstream Norway, DNO Norge, and Wellesley Petroleum, drilled the 35/7-2 appraisal well about 35 kilometers northeast of …

The UK's National Grid is investing up to £400 million (around €478 million) in the first cross-border electricity link between the UK and France, extending the operation of the interconnector …

Shell has brought online Phase 3 of the Silvertip project, which will deliver two wells to boost production at its operated Perdido spar in the Gulf of America. These wells …

Equinor has opened a new, dedicated facility in Norway for the testing, qualification and development of marine robotic technologies, such as subsea drones, robots and unmanned vessels. The Kårstø Marine …

The Nisga’a Nation-backed Ksi Lisims LNG project is moving closer to its construction phase after securing a binding sale and purchase agreement (SPA) to supply German state-backed energy firm SEFE …

Baker Hughes has been awarded a contract by Italy’s energy giant Eni for the supply of subsea production systems and services for Cyprus's first-ever commercial gas development. Under the contract …

Dutch thermoplastic composite pipe (TCP) manufacturer Strohm has secured an order from McDermott for four TCP jumpers to be installed at a Southeast Asian ultra-deepwater field. The gas production jumpers, …

Sintana Energy has confirmed that the first installment of $450,000 in deferred consideration for the sale of its business in Trinidad in 2025 has been received. The exact identity of …

DeepOcean has secured a contract with Tullow Ghana Ltd, a subsidiary of the UK-headquartered Tullow Oil, for a riser retermination project in Ghana, at what it says is one of …

Egypt’s Ministry of Petroleum and Mineral Resources has disclosed positive results from drilling operations at the Nargis-2 natural gas well in the Mediterranean Sea, which started in May through a …

The total value of the two new offshore drilling deals is approximately $121 million, further strengthening visibility on the utilization of Saipem’s fleet for 2026 and 2027. The first contract, …

Woodside has agreed with Timor Gap to sell its participating interest in the Sunrise joint venture (JV), including the titles containing the Greater Sunrise fields, for total consideration of up …

Fugro has been awarded a contract by 50Hertz to deliver unexploded ordnance (UXO) survey, identification and clearance services for the LanWin3 and LanWin6 offshore grid connection projects in the German …

The Norwegian Offshore Directorate has granted Equinor a drilling permit for the wellbore 33/9-F-4 DH in production license 1214. This license, which was awarded on March 15, 2024, and is …

With decades of expertise in addressing the complex needs of the energy sector in challenging marine environments, Honeywell Technologies is at the heart of shaping the future of offshore energy …

Greece’s Asso.subsea has taken delivery of the new addition to its fleet, the trenching support vessel (TSV) Arete, previously the inspection, maintenance and repair (IMR) vessel Viking Reach. It was …

Dolphin Drilling has entered into a definitive sale and purchase agreement (SPA) for the sale of the 1974-built Blackford Dolphin semi-submersible rig with SPM for a total consideration of $25 …

Fugro's 18-meter Blue Eclipse uncrewed surface vessel (USV) is carrying out an environmental survey for the 1.4 GW Viking Link high-voltage direct current (DC) electricity link between the British and …

Siem Industries has placed an order with a Chinese shipyard for two offshore subsea construction vessels (OSCVs) that will be 145 meters long. The vessels will be built by Fujian …

Energy Drilling has received a letter of award from Carigali-PTTEPI Operating Company (CPOC) for a 30-month offshore drilling campaign, with options for up to an additional 15 months, for its …

A joint venture of Reach Subsea and Eidesvik Offshore has delivered the 2009-built, 85-meter-long inspection, maintenance and repair (IMR) vessel Viking Reach to its new owners. Eidesvik Reach, in which …

Gas produced from Cronos will be transported to Egypt, where it will be processed through existing facilities, including the Zohr infrastructure, before being liquefied at the Damietta LNG plant for …

Equinor and Aker BP are entering into a strategic collaboration on tight reservoirs on the NCS, with the aim of enabling the profitable development of more discoveries and increasing the …

UK's Inyanga Marine Energy Group is set to deploy AI-driven wildlife detection solutions to its tidal stream energy project at Morlais in Wales. Inyanga Marine Energy's tidal energy division, HydroWing, …

Swedish ocean energy developer Minesto has signed a memorandum of understanding (MoU) with Morteza Capital, a Maldives- and Indian Ocean-focused investment and development firm, to develop commercial tidal energy opportunities …

In an update on October 26, Borr Drilling emphasized that out of the 115 personnel on board during the rig incident, 110 were safe and accounted for. These workers are …

Samsung Heavy Industries has presented a standardized FLNG platform optimized for Canada’s natural gas market, providing a tailored solution for future LNG development. The company hosted the Canada FLNG Technical …

Under an existing master services arrangement, the duo will collaborate on the completion of construction work in respect of four offshore rigs owned by Keppel’s subsidiary, which comprise a premium …

Based on the preliminary information, the jack-up experienced a punch through event during preload activities, resulting in loss of stability and the subsequent sinking of the rig. The Prospector 5 …

Norway's DOF Group is selling its 2018-built subsea construction vessel (CSV) Skandi Implementer to an undisclosed buyer. Mons S. Aase, CEO of DOF Group, said: “While we have not actively …

The FSO PTSC Lac Da Vang (FSO PTSC LDV) has reached its first oil operational milestone at the Lac Da Vang field in Block 15-1/05 offshore Vietnam on September 27, …

Drilled as an appraisal well in the shallow offshore block KG-DSF/GSKW/2018, the Godavari-1 well yielded strong gas flows reaching up to 2 lakh standard cubic meters per day (scumd) alongside …

Prima Energy has expanded its footprint in the exploration and production (E&P) industry with the recent acquisition of a 28.3% stake in AIM-listed and Southeast Asia-focused Jadestone Energy. This strategic …

Prysmian’s new cable-laying vessel (CLV) Alessandro Volta, built by Norway's VARD, has begun sea trials in Norway. The Norwegian ship designer and shipbuilder commenced construction of the CLV in September …