Activity News

 

Acteon Delivers First of Two Hydraulic Hammers to Heerema

Mar 06, 2026

Acteon’s marine foundations business line, Menck, has delivered the first of two MHU4400S hydraulic hammer systems to Heerema Marine Contractors Nederland under a multi-million-dollar supply agreement.The delivery marks the first phase of a…

Viridien Launches Charrua 3D Seismic Survey Offshore Uruguay

Mar 06, 2026

Viridien has kicked off the Charrua 3D multi-client seismic survey offshore Uruguay, marking a new phase of exploration activity in the country’s offshore basins.Data acquisition will be carried out by the vessel BGP Prospector, with the company…

Sèmè Field Production System Connected as Oil Flows to FSO Kristina

Mar 06, 2026

Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding via Lime Petroleum, has completed the hook-up of the mobile offshore production unit (MOPU) and floating storage and offloading (FSO) vessel at the Sèmè Field in Block 1 offshore Benin…

Hercules Semi-Sub Rig Lines Up Canada Job Under $170M Deal

Mar 06, 2026

SFL Corporation has signed a drilling contract in Canada with an unnamed multinational oil and gas company for the harsh environment semi-submersible rig Hercules, which is managed by Odfjell Drilling.The estimated contract value is approximately $170 million for the minimum term of 400 days…

Deutsche Offshore Schifffahrt Starts Construction of C-CSOV Fleet in China

Mar 06, 2026

Deutsche Offshore Schifffahrt (DO) has started construction of a new fleet of construction commissioning service operation vessels (C-CSOVs), with the first steel cut for the lead vessel DO Joule at CSSC Huangpu Wenchong Shipyard in Guangzhou…

Multiple Offshore Campaigns on TGS Seismic Vessel’s Agenda

Mar 06, 2026

Energy data and intelligence firm TGS has lined up several new acquisition campaigns for its Ramform Vanguard seismic vessel during the upcoming European summer season.Following its winter-stack period, the vessel is slated to start the campaign in mid-March with an oil and gas site survey…

War Could Force Gulf Energy Export Shutdown, Qatar Says

Mar 06, 2026

Qatar expects all Gulf energy producers to shut down exports within weeks and drive oil to $150 a barrel, the country's Energy Minister Saad al-Kaabi told the Financial Times in an interview published on Friday.'Everybody that has not called…

Petrobras Swings to $3B Profit on Record Exports

Mar 06, 2026

Brazilian state-run oil firm Petrobras posted a net profit of 15.6 billion reais ($2.96 billion) for the fourth quarter and plans to distribute 8.1 billion reais in interest on equity for the period, it said in separate filings on Thursday.The…

Qatar Offers LNG Tankers for Lease as Export Plant Remains Shut

Mar 06, 2026

Qatar is offering at least two liquefied natural gas tankers that it controls for lease, as the country’s massive export facility in the Gulf remains shut due to the ongoing war in the Middle East, Bloomberg News reported on Friday.The Al Thumama and Mesaieed…

PALFINGER to Deliver Offshore Cranes for Formosa 4 Wind Farm

Mar 05, 2026

PALFINGER has secured a contract to supply offshore cranes for the Formosa 4 offshore wind farm in Taiwan, expanding the company’s presence in the region’s offshore wind market.The project will mark PALFINGER’s eleventh offshore wind development…

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Mar 05, 2026

Lamprell has secured a contract by Oil & Natural Gas Corporation (ONGC) to deliver the Pipeline Replacement Project PRP-IX covering multiple offshore fields in India.The contract includes the replacement and installation of about 285 km of subsea…

OceanPact-CBO Merger to Form 73-Vessel Fleet

Mar 05, 2026

Brazilian firms OceanPact and CBO have announced plans to combine their businesses, creating what the companies described as the country’s most comprehensive integrated fleet and services platform for the offshore sector.The transaction will…

Chevron Hires Hanwha Ocean for Leviathan Expansion Module Fabrication

Mar 05, 2026

Hanwha Ocean has been awarded a module fabrication contract for the Leviathan Expansion Project by Chevron Mediterranean, supporting plans to increase production from the offshore gas field in Israel.The project involves fabrication of additional…

Harbour Energy Lifts Production Forecast After US Gulf Deals

Mar 05, 2026

Britain's Harbour Energy raised its 2026 output outlook on Thursday, citing a strong start to the year helped by early contributions from its newly acquired LLOG assets in the Gulf of Mexico.Harbour has been leaning on Wintershall Dea assets in Norway…

China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth

Mar 05, 2026

China set an annual oil output target of 200 million metric tons (4 million barrels per day) in its next five-year plan on Thursday, a level it already surpassed last year, as the country also pledged to expand the size of its undisclosed strategic oil reserves…

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