Offshore drilling contractor Noble Corporation has secured approximately $560 million in new rig contracts across Africa, South America and Norway since its July fleet status report, bringing its contracted backlog to $6.7 billion.The awards span six drilling rigs and include exploration…
Dutch geological data specialist Fugro said on Friday that Iran war-linked disruptions had dented its earnings by €25 million ($28 million) this year, including €10 million in the third quarter alone, while GPS jamming and restrictions on vessel…
Norwegian government agency Enova has awarded $424.5 million (NOK 3.94 billion) in funding to Fortius Offshore Wind and Fram Wind Solutions for two floating offshore wind projects that will see four large turbines installed off Karmøy over the next five years…
Petrobras has identified another oil-bearing interval in the Morpho well in ultra-deep waters off Brazil's Amapá coast, marking the third oil discovery in block FZA-M-59.The latest discovery was confirmed following continued evaluation of other…
BP posted its highest quarterly profit in at least five years on Friday, beating expectations as the Iran war boosted energy prices and refining margins, and said it would use the windfall to settle its remaining Deepwater Horizon liabilities…
ST LNG aims to reach a final investment decision on its $8.2 billion LNG export project by mid- to late 2027, the company's president said on Thursday, a day after receiving a key US government approval.The company's first liquefied natural gas export facility…
The International Marine Contractors Association (IMCA) has launched IMCA 2030, a four-year strategy designed to ensure the association remains relevant, authoritative, and valuable to members as the offshore construction industry navigates a period of significant change…
DeepOcean has secured a contract from Tullow Ghana to carry out subsea gas lift riser retermination work at the Jubilee field offshore Ghana, using its recently upgraded Orient Adventurer subsea construction vessel.The project involves a gas…
DNV has issued a Statement of Feasibility for Aker BP and Höegh Evi's concept to transport liquefied carbon dioxide (CO2) by shuttle carriers and inject it directly into subsea wells for permanent storage at the Atlas project offshore Norway…
DEME and Prysmian have started installing high-voltage cables in the Veerse Meer lake in the Netherlands for TenneT's IJmuiden Ver Alpha and Nederwiek 1 grid connection projects, using a specially developed pontoon and installation method tailored to the lake's conditions…
Japan's Ministry of Economy, Trade and Industry (METI) and Siemens Energy have signed a memorandum of cooperation to advance floating offshore wind development in Japan, alongside plans to strengthen supply chains and establish a new operations and maintenance (O&M) hub…
Petroleum Marine Services (PMS) has completed the installation of two offshore production platforms at the Kamose gas field in Egypt's North Sinai area, marking another milestone in the fourth phase of the field's development project.The Hoor-1/2 and KSE-1 platforms…
East Timor is seeking a new operator for its vast Greater Sunrise gas fields, an adviser to the project said, after Woodside Energy's move this week to exit its 33% stake is set to leave it without a partner.East Timor will pay $200 million for Woodside's stake…
Shipbuilder Vard has launched a new energy construction vessel (ECV) being built for Wind Energy Construction, a Norwegian company partly owned by the founders and owners of Norwind Offshore, with delivery scheduled for the second quarter of 2027…
Three bodies have been located inside the wreck of Borr Drilling's Prospector 5 jack-up rig, which sank offshore Gabon on October 24, with search and rescue operations continuing for two people still missing.The bodies were discovered during…
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