Offshore News

 

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

Jan 30, 2026

MODEC has signed a statement of strategic intent with Eld Energy and Delta Electronics to collaborate on the development of a solid oxide fuel cell power generation system for offshore and maritime applications, including floating production…

Seaway7 Secures Offshore Wind Work in Germany

Jan 30, 2026

Seaway7, part of Subsea7, has secured a substantial contract by OWP Gennaker, part of Skyborn Renewables, for the Gennaker offshore wind farm in Germany.Seaway7's scope of work includes the transportation and installation of the 63 monopiles and transition pieces…

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Jan 30, 2026

Offshore drilling contractor Northern Offshore has secured a contract for its Energy Emerger jack-up rig for a drilling operation at Yumna field, offshore Oman.Rex International’s indirect subsidiary Masirah Oil announced that its parent company…

Formosa 4 Offshore Wind Substation Enters Fabrication Phase

Jan 29, 2026

The consortium of Semco Maritime and PTSC Mechanical & Construction has started fabrication work on the Formosa 4 offshore substation, marking a key construction milestone for the 495 MW offshore wind project off the coast of Taiwan.The partners…

Equinor Gets Permit to Drill North Sea Wildcat Well

Jan 29, 2026

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/7-13 in production license 782 S.The license is operated by Equinor with 60% working interest, with partner Aker BP holding the remaining 40%…

Noble Completes $360M Sale of Five Jack-Ups to Borr Drilling

Jan 29, 2026

Offshore drilling contractor Noble Corporation has completed the sale of five jack-up drilling rigs to Borr Drilling for $360 million.Under the transaction, Noble generated approximately $210 million in cash and received $150 million in seller notes from the sale of the Noble Tom Prosser…

Worley Nets Equinor’s Framework Deal for Norway Offshore Assets

Jan 29, 2026

Worley has been selected by Equinor to enter into a framework agreement to provide offshore support services for selected oil and gas facilities on the Norwegian Continental Shelf.The framework agreement is expected to cover offshore maintenance…

GE Vernova Faces Revenue Hit After Offshore Wind Project Setbacks

Jan 28, 2026

GE Vernova said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts project and that it was expecting a drop in order backlog.The company said the…

Gulf Marine Services Extends Middle East Jack-Up Vessel Contracts

Jan 28, 2026

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has received a variation order from a major national oil company in the Middle East extending an existing contract for two of its jack-up support vessels…

Cadeler Lines Up Offshore Wind Foundation Installation Job

Jan 28, 2026

Offshore wind installation contractor Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation (T&I) of monopiles and transition pieces at a large offshore wind farm in European waters…

50Hertz, Skyborn Ink Deal for Gennaker Offshore Converter Platforms

Jan 28, 2026

German transmission system operator 50Hertz and offshore wind developer Skyborn Renewables have signed a platform cooperation agreement that clears the way for the commissioning of the Gennaker offshore wind farm in the German Baltic Sea.The…

BP, Shell Seek US Licenses for Trinidad-Venezuela Cross-Border Gas Fields

Jan 28, 2026

Shell and BP are seeking U.S. Office of Foreign Assets Control licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country's energy minister Roodal Moonilal said on Wednesday.Shell is seeking a license to develop the Loran-Manatee discovery…

Massachusetts Offshore Wind Project to Resume Construction

Jan 28, 2026

A federal judge on Tuesday allowed Vineyard Wind to resume work on its Massachusetts offshore wind project, which President Donald Trump's administration halted along with four other projects last month.The ruling by U.S. District Judge Brian…

Victoria’s First Offshore Wind Auction Slated for August

Jan 27, 2026

The Australian Government is progressing the state of Victoria’s offshore wind industry with Minister for Energy and Resources Lily D’Ambrosio announcing the Request for Tender (RFP) for Victoria’s first offshore wind industry auction which…

BOEM Seeks Public Input on Potential Alaska Minerals Lease Sale

Jan 27, 2026

The Bureau of Ocean Energy Management has announced it will publish a Request for Information and Interest to evaluate industry interest and gather public input that could inform a potential lease sale for minerals on the Outer Continental Shelf off the coast of Alaska…

Current News

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Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of

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