Latest News

 

Floatel Secures Longer Stay for Accommodation Rig off Australia

15 hours ago

Offshore accommodation rig provider Floatel International has secured another contract offshore Australia for its Floatel Tirumph accommodation rig.The assignment is for approximately 35 days with an option for the client to extend. The expected start date is in the fourth quarter of 2026…

Industry Consortium to Asses Floating Nuclear Plants for Mediterranean Sea

16 hours ago

American Bureau of Shipping (ABS), CORE POWER and Athlos Energy have formed a consortium to evaluate the potential of positioning the floating nuclear power (FNPP) platforms to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea…

Longitude Lines Up More Work at Shell’s West Delta Deep Concession off Egypt

17 hours ago

Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has secured a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main contractor for the Phase XI…

MeyGen Tidal Energy Tech Sets New Operational Record

17 hours ago

SKF, which joined forces with Proteus Marine Renewables to deliver cutting-edge technology for MeyGen, announced the technology achieved a major breakthrough, having operated for over six years without the need for unplanned or disruptive maintenance…

Norwegian Firm Gets Electricity License for South Korean Offshore Wind Project

18 hours ago

Norway-based company Deep Wind Offshore has secured the Electricity Business License (EBL) for the Admiral Lee offshore wind project in South Korea.The approval marks a major step forward for the 345 MW offshore wind project and highlights the…

EnerMech Nets Long-Term Servicing Contract for Triton FPSO

19 hours ago

Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…

TotalEnergies to Keep West of Shetland Offshore Assets as Prax Files for Liquidation

20 hours ago

The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company…

Brazil Plans Additional Offshore Oil Auction for 2025

20 hours ago

Brazil plans to hold an additional oil auction this year for uncontracted areas in the pre-salt offshore region after Senate approval of legislation that clears the way for the sale, a senior energy official said on Wednesday.The government…

Bonaparte CCS Project Awarded Major Project Status

Jul 02, 2025

The Bonaparte CCS project has been awarded Major Project Status by the Australian Government. It is the first offshore carbon capture and storage (CCS) project to receive the status in Australia.The Bonaparte CCS Assessment Joint Venture is…

Borr Drilling Announces CEO Succession Plan

Jul 02, 2025

Borr Drilling’s Board of Directors has reached a unanimous decision to appoint Bruno Morand as successor to CEO Patrick Schorn, effective September 1, 2025.Schorn will become Executive Chairman of the company’s Board of Directors, while current…

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Jul 02, 2025

Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…

Semco Maritime Gets Iberdrola’s Baltic Hub Substations Service Job

Jul 02, 2025

Iberdrola has awarded Semco Maritime two three-year offshore service contracts, with options for extension, on the above-water scheduled and unscheduled maintenance of electro-mechanical equipment at two offshore substations in the Baltic Hub…

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Jul 02, 2025

Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1…

ADES' Jack-Up Barge Capsizes off Egypt Killing Four, Three Still Missing

Jul 02, 2025

A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while…

RightBridge Ventures Agrees Reverse Takeover of Swemar

Jul 02, 2025

RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…

Current News

Floatel Secures Longer Stay for Accommodation Rig off Australia

Industry Consortium to Asses Floating Nuclear Plants for Mediterranean Sea

Longitude Lines Up More Work at Shell’s West Delta Deep Concession off Egypt

MeyGen Tidal Energy Tech Sets New Operational Record

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