Chinese offshore oil and gas major CNOOC has brought nine new oil and gas projects into production in the first nine months of 2026, lifting its net output by 2.7% …
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Seatrium has secured a floating production, storage and offloading (FPSO) vessel integration contract worth over $155 million (S$200) million from SBM Offshore for offshore developments in South America. The contract …
Huisman has secured a contract from Siem Industries to supply four knuckle boom cranes for two offshore subsea construction vessels under construction at Fujian Mawei Shipbuilding in China, with deliveries …
Offshore drilling contractor Noble Corporation has secured approximately $560 million in new rig contracts across Africa, South America and Norway since its July fleet status report, bringing its contracted backlog …
Published Oct 30, 2026 7:31 am ET An offshore project can appear to be progressing on schedule until one contractor is ready to move forward and the next cannot start. …
Solstad Maritime has secured two contracts for its Normand Australis construction support vessel (CSV) in the Asia Pacific region, with a combined firm duration of 250 days. The contracts will …
Norwegian government agency Enova has awarded $424.5 million (NOK 3.94 billion) in funding to Fortius Offshore Wind and Fram Wind Solutions for two floating offshore wind projects that will see …
Dutch geological data specialist Fugro said on Friday that Iran war-linked disruptions had dented its earnings by €25 million ($28 million) this year, including €10 million in the third quarter …
ST LNG aims to reach a final investment decision on its $8.2 billion LNG export project by mid- to late 2027, the company's president said on Thursday, a day after …
BP posted its highest quarterly profit in at least five years on Friday, beating expectations as the Iran war boosted energy prices and refining margins, and said it would use …
Petrobras has identified another oil-bearing interval in the Morpho well in ultra-deep waters off Brazil's Amapá coast, marking the third oil discovery in block FZA-M-59, the company announced on October …
The International Marine Contractors Association (IMCA) has launched IMCA 2030, a four-year strategy designed to ensure the association remains relevant, authoritative, and valuable to members as the offshore construction industry …
DNV has issued a Statement of Feasibility for Aker BP and Höegh Evi's concept to transport liquefied carbon dioxide (CO2) by shuttle carriers and inject it directly into subsea wells …
DeepOcean has secured a contract from Tullow Ghana to carry out subsea gas lift riser retermination work at the Jubilee field offshore Ghana, using its recently upgraded Orient Adventurer subsea …
Petroleum Marine Services (PMS) has completed the installation of two offshore production platforms at the Kamose gas field in Egypt's North Sinai area, marking another milestone in the fourth phase …
Japan's Ministry of Economy, Trade and Industry (METI) and Siemens Energy have signed a memorandum of cooperation to advance floating offshore wind development in Japan, alongside plans to strengthen supply …
DEME and Prysmian have started installing high-voltage cables in the Veerse Meer lake in the Netherlands for TenneT's IJmuiden Ver Alpha and Nederwiek 1 grid connection projects, using a specially …
Published Oct 29, 2026 7:26 am ET We are entering in interesting period in the subsea vessel market, as contract backlog among the EPCs continue to rise to new all-time …
Shipbuilder Vard has launched a new energy construction vessel (ECV) being built for Wind Energy Construction, a Norwegian company partly owned by the founders and owners of Norwind Offshore, with …
East Timor is seeking a new operator for its vast Greater Sunrise gas fields, an adviser to the project said, after Woodside Energy's move this week to exit its 33% …
Woodside Energy has signed a 20-year agreement to supply QatarEnergy with up to 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from its Louisiana LNG project in …
Three bodies have been located inside the wreck of Borr Drilling's Prospector 5 jack-up rig, which sank offshore Gabon on October 24, with search and rescue operations continuing for two …
Norwegian oil firm Aker on Thursday reported a 50% rise year-on-year in third-quarter profit as Middle East supply disruptions boosted prices for North Sea oil and gas. Aker BP's earnings …
A new appraisal well at the Afrodite gas discovery near the Kvitebjørn field in the North Sea has revealed that recoverable gas volumes could be more than twice as large …
Global investment firm Carlyle and the European Bank for Reconstruction and Development (EBRD) have agreed to sell Black Sea Oil & Gas (BSOG), Romania's largest offshore natural gas producer, to …
French oil major TotalEnergies reported a 127% rise in third-quarter earnings on Thursday, beating expectations, as the US-Israeli war with Iran continues to push up oil prices and draw historically …
Shell on Thursday announced above-expectation net profit of $10.81 billion in the third quarter, its highest since 2022, and boosted its share buybacks on the back of stronger refining margins …
With USD$9.87 million (8.85 million euros) in funding from the Federal Ministry for Economic Affairs and Energy (BMWE), Fraunhofer IFAM is establishing a new research infrastructure for wind energy. The …
Germany's Economy Minister Katherina Reiche on Wednesday said companies may return previously auctioned offshore wind farm sites, provided they pay a penalty to transmission system operators, as mounting economic pressures …
GE Vernova Inc. announced that it will acquire Trench Group, a provider of high-voltage grid equipment, from investment firm Triton Partners. The deal will create scale across GE Vernova’s Electrification …
Shell has started production at Phase 3 of its Silvertip project in the Gulf of America, bringing additional oil and gas volumes to its operated Perdido spar through two wells …
BGB Group has secured a framework agreement from PGE and Ørsted to provide offshore scaffolding and construction services for the 1.5 GW Baltica 2 offshore wind farm in Poland, supporting …
A US regulator proposed new rules on Wednesday to hasten liquefied natural gas projects and expand export capacity as part of the Trump administration's larger push to speed up energy …
Baker Hughes has secured a significant contract from Eni to supply subsea production systems and services for the Cronos deepwater gas development offshore Cyprus, with initial equipment deliveries expected in …
Published Oct 28, 2026 7:30 am ET Carbon capture and storage (CCS) is moving from a collection of demonstration projects toward a new infrastructure business. As of July 2025, 734 …
Thermoplastic composite pipe (TCP) manufacturer Strohm has secured a contract to supply four gas production jumpers for an ultra-deepwater field in Southeast Asia, with installation planned at water depths exceeding …
An oil spill from a damaged tanker off the coast of the United Arab Emirates has widened, satellite images showed, triggering more beach closures and raising environmental concerns. Images from …
Equinor on Wednesday reported its strongest quarterly profit in almost four years, driven by a surge in oil and gas prices as the war in the Middle East continued to …
Baker Hughes reported a fall in third-quarter profit on Tuesday, as prolonged conflict in the Middle East hit demand for services and equipment in the key oil-producing region. Repeated flare-ups …
TotalEnergies has acquired a 25% working interest in 26 Chevron-operated exploration leases offshore the United States, expanding its offshore exploration portfolio and strengthening its partnership with Chevron. As part of …
Turkey may reach agreements to make acquisitions or further explore for hydrocarbons by the end of the year as part of its target to produce 1 million barrels of oil …
Swiss firm ANYbotics has started delivering its ANYmal X autonomous inspection robot, designed to operate in hazardous and potentially explosive environments, to oil, gas and chemical industry customers, including Equinor …
Seatrium announced that it has entered into a Memorandum of Understanding (MoU) with global floating power solutions specialist Karpowership to pursue a joint venture to develop floating power and infrastructure …
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea. The permit is for wellbore 33/9-F-4 DH in production license 1214. …
French oil company Maurel & Prom (M&P) has confirmed a natural gas discovery in Tanzania's Mnazi Bay licence, with preliminary estimates indicating approximately 200 billion cubic feet (bcf) of gas …
PlanSea and Infosys have joined forces to combine artificial intelligence (AI), marine logistics expertise and enterprise data integration to help offshore oil and gas operators optimize decommissioning planning and execution, …
Equinor and Aker BP have launched a strategic collaboration to develop challenging oil and gas discoveries in tight reservoirs on the Norwegian Continental Shelf (NCS), targeting resources with an estimated …
Dolphin Drilling has agreed to sell its Blackford Dolphin semi-submersible drilling rig to SPM Energy Shipping for up to $25 million and entered into a preliminary agreement for the management …
Seaway7, part of Subsea7 Group, has completed the final inner-array cable lay at the 1.4 GW East Anglia THREE offshore wind farm, developed by ScottishPower Renewables and Masdar, marking another …
Siem Industries has ordered two offshore subsea construction vessels (OSCVs) from Fujian Mawei Shipbuilding in China, with deliveries scheduled for 2029 and 2030. Each vessel will be equipped with a …
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