Offshore Energy

LS Cable & System and LS Marine Solution have signed a capacity reservation agreement (CRA) with Taean Wind Power for the supply and installation of subsea cables for the 504 …

I spent my early career as a deck officer in the merchant fleet, and one lesson from those years has stayed with me through almost two decades of running a …

The transaction, which has an effective date of January 1, 2026, is expected to close in 2027, subject to several conditions precedent, including regulatory approvals. Shell’s 16.67% interest entails associated …

Taihan Cable & Solution has renamed the cable-laying vessel (CLV) that the South Korean cable supplier acquired from DOF Group earlier this year. The vessel's new name, Taihan Connector, incorporates …

Compactness, load capacity, reliability, and ease of integration are currently some of the main requirements in the design of gearboxes intended for winches in strategic sectors. In addition to these …

Eco Wave Power, together with partner Germany-based AI engineering, has completed the first phase of the AI-powered digital twin development program for its wave energy technology. This first phase saw …

The wildcat well 25/8-24 S, also known as the Jotun Deep prospect, was drilled in production license 1203, 20 kilometers northwest of the Ringhorne installation and 190 kilometers west of …

DEME and Prysmian have started installing high-voltage cables for grid operator TenneT in the Veerse Meer in the Netherlands, as part of the IJmuiden Ver Alpha and Nederwiek 1 grid …

The FPU, which is being built for TPAO, is designed to process up to 25 million cubic meters of natural gas daily, marking a significant step forward for Türkiye’s domestic …

The company’s 1982-built Well-Safe Defender semi-submersible, which was originally constructed as the WilPhoenix rig, has completed work involving the plug and abandonment of three subsea wells, with the first delivered …

Following a 15-month contract award in June 2024 for the Shelf Drilling Tenacious jack-up rig, Chevron’s subsidiary exercised a one-year contract extension to secure the rig until February 2027. CABGOC, …

Hornbeck Offshore Services, which merged with Helix Energy Solutions two months ago, has entered into multiple agreements with Shell Offshore for the provision of deepwater services in the U.S. Gulf …

Located 150 kilometers offshore Nigeria, OPL257 is adjacent to PPL261, where TotalEnergies (24%) and its partners, including SAPETRO, discovered the Egina South field in 2005, which straddles both blocks. The …

With over 100 million metric tons per annum (mtpa) of capacity in production, construction, or development, Venture Global began producing LNG from its first facility in 2022. The firm’s first …

Eni has announced the start-up of gas production from the Maha field in the West Ganal block at Indonesia’s Kutei Basin at a water depth of approximately 1,000 meters. This …

The UK government has granted development consent for the 2 GW Sea Link subsea high-voltage direct current (HVDC) electricity connection between Kent and Suffolk. Sea Link is expected to enter …

Serica Energy has signed a contract for the Odfjell Drilling-operated Beacon Pacific rig to execute a multi-well UKCS drilling campaign, targeting high-return, near-field opportunities across the North Sea operator's portfolio, …

The rig owner emphasized: “All four located individuals have been recovered and are in the process of being transported to Port Gentil, Gabon. Search efforts continue for the remaining individual …

Subsea7 has secured an engineering, procurement, construction and installation (EPCI) contract with Aker BP for the fast-track Lyra field development project, previously known as Kjøttkake, offshore Norway. Located in the …

Mazarine Energy’s deal to acquire Black Sea Oil & Gas from Carlyle and the European Bank for Reconstruction and Development is subject to customary regulatory approvals. BSOG led the investment …

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 …