The Chouest Group announced it has completed the acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions (CES), expanding the Group’s …
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Exxon Mobil beat estimates for quarterly adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though unadjusted profit dropped to its lowest level in five …
Talking about untapped value in offshore energy typically brings exploration, new wells and new developments to mind. But in today’s mature basins, the greatest source of opportunity is often neither …
Published May 1, 2026 6:53 am ET The changing global bottom-fixed offshore wind turbine and foundation installation market The last two or three years have seen a change in the …
A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data …
Woodside Energy has appointed Breyden Lonnie as Executive Vice President and Chief Operating Officer Australia. Lonnie has acted in the role since December 2025, with responsibility for Woodside’s portfolio of …
Woodside Energy has appointed Breyden Lonnie as Executive Vice President and Chief Operating Officer Australia. Lonnie has acted in the role since December 2025, with responsibility for Woodside’s portfolio of …
The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) released a new report, Unlocking the New South-Central Gulf of America for Energy Development: Potential Economic Impacts and …
Conrad Asia Energy, through its majority-owned subsidiary West Natuna Exploration as operator, is progressing development of the Mako Gas Project offshore Indonesia, with first gas targeted in the fourth quarter …
Amplitude Energy has awarded a contract to JDR Cable Systems to supply subsea control umbilicals for its East Coast Supply Project offshore Victoria, aimed at supporting gas delivery to southeastern …
Dutch grid operator TenneT is preparing to begin horizontal directional drilling at Maasvlakte as part of efforts to connect three offshore wind farms to the onshore grid. Steel casing pipes …
Woodside Energy has connected its floating production unit (FPU) offshore Western Australia to onshore operations via fibre optic cable, marking a key milestone for the Scarborough Energy Project as it …
Misti AI has secured $336,000 in pre-seed funding led by Fuel Ventures, with the round still open as the company targets a total of $673,000, aiming to upscale its artificial …
Norwind Offshore has doubled its fleet through the acquisition of six commissioning service operation (CSOV) vessels from Edda Wind. The transaction was completed in partnership with Navigare Capital Partners, the …
Canadian oil and gas exploration company Africa Energy has obtained an extension to submit a new environmental and social impact assessment (ESIA) for Block 11B/12B offshore South Africa. The company …
BP will develop Venezuela's Cocuina-Manakin gas field, on the maritime border with Trinidad and Tobago, as well as explore joint opportunities in the offshore Loran gas field, the company and …
Wage talks between Norwegian oil firms and labour unions broke down on Wednesday and will switch to state-led mediation in a bid to prevent strike action by workers, industry group …
BW Offshore has signed a front-end engineering and design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada. The agreement follows BW Offshore’s selection …
Apollo Global Management, Blackstone and are battling it out to acquire a significant stake in the mammoth LNG Canada project from energy major Shell, three people familiar with the matter …
North Star, a fully integrated offshore infrastructure service provider, has completed the acquisition of four new Service Operation Vessels (SOVs) from Edda Wind. The transaction takes its offshore wind fleet …
Brazilian maritime logistics and port operator Wilson Sons has started testing drone deliveries for offshore logistics operations in Guanabara Bay, aiming to improve efficiency and reduce emissions. The company is …
Offshore driller Noble Corporation has secured about $565 million in new contract value since its last fleet update, lifting its backlog to $7.5 billion as fleet utilization improved. Utilization of …
Fugro has secured a geotechnical site investigation contract by Copenhagen Infrastructure Partners (CIP) for the 600 MW FengMiao II offshore wind farm in Taiwan. The project forms part of Taiwan’s …
RWE has signed a 15-year power purchase agreement (PPA) with Breedon Group to supply renewable electricity from its wind portfolio to the construction materials company’s operations in UK. Under the …
Italy’s Eni has signed an agreement with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to relaunch oil activities at the Junin-5 project in the Orinoco Belt. The agreement …
Ocean Winds (OW), a 50-50 joint venture between EDPR and ENGIE, has installed the final turbine at its Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France. The installation …
Australia's Woodside Energy said on Wednesday it would review its business to simplify operations and improve accountability, as stronger realised prices helped first-quarter revenue beat expectations despite cyclone-related disruptions. Shares …
The United Arab Emirates’ decision to leave OPEC will sharply diminish the 65-year-old producer group’s influence over the oil market, opening the door to an all‑out price war once Gulf …
China's CNOOC posted a 7.1% rise in first-quarter net profit on Tuesday as the Iran war pushed up global oil prices and the offshore oil and gas major increased its …
GLO Marine appointed Thomas Wittlin as Chief Executive Officer, effective Q2 2026, signaling the start of a structured growth phase in which the company will evolve from a retrofit-led contractor …
The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at …
Forum Energy Technologies (FET) has unveiled its latest solution in subsea handling equipment, the Model 6000 (M6000) Launch and Recovery System (LARS). Part of FET’s Dynacon product line, the M6000 …
The following article is an op-ed piece from CorPower Ocean, UK Marine Energy Council, Ocean Energy Europe and Professor Henry Jeffrey, Head of Policy and Innovation Group, University of Edinburgh. …
Energy technology company SLB has launched AlphaSight, its latest innovation in reservoir mapping and drilling intelligence. AlphaSight leverages industry-first technologies, setting a new benchmark for visibility and control in complex …
Petrodec, a specialist in integrated solutions for decommissioning and part of the Dixstone group, has started its second decommissioning project for Perenco UK with its OBANA jack-up platform, moving to …
Mooring and anchoring specialist Mooreast Holdings has granted an option to sell its leasehold property in Singapore for $23.3 million, aiming to boost offshore wind activities at new location. The …
ZKS Ferrum, a Polish manufacturer specializing in large-scale welded steel structures, has secured a contract from Dajin Offshore to supply steel structures for the Nordseecluster B offshore wind project. The …
DNV has been appointed independent certifier for the Northern Endurance Partnership (NEP) CO2 transport and storage project in the UK. The project underpins the UK’s East Coast Cluster and will …
Block Energy has entered into a conditional agreement with Pilgrim Exploration for an investment linked to offshore production sharing contracts in Gabon, alongside plans to raise $6.3 million through an …
Petrobras has agreed to acquire 100% of a portion of the Argonauta field ring-fence in the Campos Basin from Shell, ONGC and Brava. The acquired portion corresponds to an area …
President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in pledged investments in …
Abu Dhabi National Oil Company is planning to invest tens of billions of dollars to build a natural gas business in the United States, the Financial Times reported on Tuesday. …
BP's first-quarter profit more than doubled year-on-year to $3.2 billion - its highest in two-and-a-half years - the British oil major reported on Tuesday, beating expectations after the Iran war …
West Africa-focused independent oil and gas explorer Tullow Oil posted an 87% slump in annual profit on Tuesday, partly due to lower production, while delayed payments from the Ghana government …
The U.S. Interior Department said on Monday that it had reached a deal to end two offshore wind leases off the coasts of New Jersey and California. Both projects are …
Akastor’s subsidiary DDW Offshore has entered into a binding agreement to sell Skandi Emerald anchor handling tug supply (AHTS) vessel for $23 million. The AHTS, built in 2011, is designed …
In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue new upstream opportunities while governments seek to strengthen …
Shearwater Geoservices has agreed to sell the vessel SW Baret to an undisclosed buyer for conversion into a dedicated source vessel. The agreed sales price exceeds the vessel’s carrying book …
Equinor has secured a permit from the Norwegian Offshore Directorate (NOD) to drill a wildcat well in the Barents Sea. The permit is for wellbore 7220/5-EC-2 H in production license …
Oilfield services firm Archer has secured a three-year contract extension from Equinor for wireline and intervention services on the Norwegian Continental Shelf. The extension builds on an integrated wireline contract …
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