Activity News

 

Construction Starts on Nederwiek 2 Offshore Wind Grid Platform

Feb 06, 2026

Seatrium, GE Vernova and transmission system operator TenneT have marked the strike steel for the Nederwiek 2 offshore platform, the third platform under TenneT’s 2 GW offshore wind grid program.The start of construction was marked by parallel…

Saipem’s Underwater Drone Carries Out Autonomous Survey at Njord Field

Feb 06, 2026

Saipem’s first resident underwater drone Hydrone-R has completed an autonomous survey mission over the Arctic coral area of the Njord field offshore Norway, operating without cables or surface vessel support.Hydrone-R Underwater Intervention Drone carried out the mission independently…

Solstad Lines Up Work for Normand Tonjer CSV

Feb 06, 2026

Norwegian vessel owner Solstad Offshore has signed a letter of intent (LoI) with client for its Normand Tonjer construction support vessel (CSV).According to Solstad Offshore, area of operation for the vessel will be Asia-Pacific. The contract has a duration of 225 days…

Petrobras Returns to Namibia with Offshore Block Stake Acquisition

Feb 06, 2026

Brazil's state-run oil firm Petrobras has acquired a 42.5% stake in Block 2613, offshore Namibia.The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block.TotalEnergies…

BW Energy’s Planned Angola Entry Challenged by Pre-Emption Rights

Feb 06, 2026

BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…

Germany’s PNE Loses Bid for Vietnam’s Offshore Wind Project

Feb 06, 2026

Vietnam's authorities selected a newly created subsidiary of real estate conglomerate Vingroup to develop the first phase of one of the country's largest wind power projects, excluding Morgan Stanley-backed German renewable firm PNE which said the decision came as a surprise…

Cheniere Energy Files Application to Build LNG plant in Texas

Feb 06, 2026

Cheniere Energy, the largest liquefied natural gas exporter in the U.S., has submitted an application to build a 24 million metric tonnes per annum LNG plant at its Corpus Christi location in Texas, according to a filing with the Federal Energy Regulatory Commission…

TotalEnergies Secures Operated Interest in Namibia’s Offshore License

Feb 06, 2026

TotalEnergies has signed agreements to acquire a 42.5% operated interest in the PEL104 exploration license offshore Namibia from Eight Offshore Investments Holdings and Maravilla Oil & Gas.Following completion of the transaction, TotalEnergies will become operator of the licence with a 42…

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Feb 06, 2026

Japan's Mitsui & Co is close to buying a stake in the second phase of QatarEnergy's massive North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, five sources close to the matter told Reuters.If reached, the deal…

Longitude Launches New PSV Design to Target Cost Efficiencies

Feb 05, 2026

Design and engineering consultancy Longitude has launched a compact “D-Flex” platform supply vessel (PSV) design, the second design in its IMT Isca series.The D-Flex design is an evolution of the IMT 984 (G-Class) design and a smaller, cost…

ConocoPhillips to Cut Costs as Oil Prices Weigh on Earnings

Feb 05, 2026

ConocoPhillips said on Thursday it aims to cut capital and operating costs by $1 billion in 2026, after the U.S. oil and gas producer missed Wall Street estimates for fourth-quarter profit due to weaker crude prices.Benchmark Brent crude LCOc1 prices averaged at $63…

Stena Drilling’s Stena Evolution Drillship Gets DNV’s Emissions Notation

Feb 05, 2026

Stena Drilling’s Stena Evolution drillship has received the Abate (P+) notation from classification society DNV.The Abate (P+) qualifier confirms defined design and control of the vessel’s power generation systems, together with an emission…

EnBW and Google Agree Offshore Wind Power Supply in Germany

Feb 05, 2026

EnBW and Google have signed a long-term power purchase agreement (PPA) for 100 MW of offshore wind power from He Dreiht project in Germany, to be delivered over a period of 15 years.Google aims to operate its global operations on 24/7 carbon free energy by 2030…

Longitude Unveils Compact PSV Design Aimed at Cost Efficiency

Feb 05, 2026

Maritime design and engineering consultancy Longitude has launched a new compact platform supply vessel (PSV) design D-Flex, aimed at improving cost efficiency for shipowners.The D-Flex PSV is the second design in Longitude’s IMT Isca series…

Fugro Starts Site Surveys for SSEN’s Western Isles Power Link

Feb 05, 2026

Fugro has started integrated nearshore site investigations for SSEN Transmission’s Western Isles High Voltage Direct Current (HVDC) Link, a power transmission project designed to transfer renewable electricity from Scotland’s islands to the UK mainland…

Current News

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Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

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