Activity News


GustoMSC Unveils New Jacking Technology for Offshore Wind Vessels

Jun 02, 2026

GustoMSC, NOV’s offshore design and engineering business, has developed a new asymmetrical rack-and-pinion technology designed to increase the jacking capacity of offshore wind installation vessels without increasing vessel size, weight or system complexity…

Glamox to Light Up TenneT’s 2GW Land-Based Substation

Jun 02, 2026

Lighting specialist Glamox has secured a contract from SPIE Nederland to supply 1,500 connected LED lighting fixtures for the IJmuiden Ver Alpha 2 GW land substation in Borssele, the first onshore converter station planned under TenneT’s 2 GW program in the Netherlands…

Ecowende Installs First Turbine at 760MW Dutch Offshore Wind Farm

Jun 02, 2026

Ecowende has installed the first wind turbine at its offshore wind farm approximately 53 kilometres off the coast of IJmuiden in the Netherlands, marking the start of turbine installation at the 760 MW project.The installation was carried out…

Apollo’s Floating Wind Quick Connector Gets Closer to Commercial Rollout

Jun 02, 2026

Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines…

SBM Offshore, Solstad to Build New Deepwater Installation Vessel

Jun 02, 2026

SBM Offshore and Solstad Offshore have formed a joint venture that has entered into a letter of intent with a shipyard for the construction of a multi-purpose deepwater installation and construction vessel, with delivery targeted in the first half of 2029…

Inpex Faces Threat of Broad LNG Loading Ban as AU Labour Dispute Deepens

Jun 02, 2026

Workers began a limited strike on Tuesday at Inpex's Ichthys liquefied natural gas facilities in Australia over a wage dispute, and their unions threatened much broader action next week that could disrupt LNG production and loadings.Ichthys accounts for about 10% of LNG supply from Australia…

INEOS Inks LNG Supply Deal with Marubeni for Asian Markets

Jun 02, 2026

INEOS Energy has signed a liquefied natural gas (LNG) supply agreement with Marubeni Corporation for deliveries into Asian markets from 2029, marking the company's first LNG sales into the Pacific Basin.Under the agreement, INEOS Energy will supply LNG on a delivered ex-ship (DES) basis…

Cambodia Starts UN Process to Resolve Maritime Dispute with Thailand

Jun 02, 2026

Cambodia said on Tuesday it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Thailand and had informed the United Nations and Bangkok.The move follows a Thai…

Oil Prices Edge Lower Amid Uncertainty Over US-Iran Deal

Jun 02, 2026

Oil prices trended lower on Tuesday following the previous session's sharp gains as the market remained cautious about progress in U.S.-Iran peace talks.U.S. President Donald Trump said on Monday talks with Iran were ongoing, while Tasnim news…

Weatherford Strikes Deal to Acquire NCS Multistage

Jun 01, 2026

Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…

Transocean Equinox Semi-Sub Rig Set for Drilling Ops Off Australia

Jun 01, 2026

Carnarvon Energy has secured the Transocean Equinox semi-submersible drilling rig for a multi-well campaign that includes exploration wells in the Bedout Sub-basin offshore Western Australia, with drilling scheduled to begin from April 2027…

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Jun 01, 2026

Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…

Fugro to Monitor Marine Mammals for Ireland’s Offshore Wind Buildout

Jun 01, 2026

Fugro has secured a two-year environmental services contract with Irish transmission system operator EirGrid to provide long-term marine mammal monitoring along Ireland’s south coast in support of offshore wind development plans.The work forms…

Azerbaijan’s Absheron Gas Project Advances with New Sales Agreement

Jun 01, 2026

SOCAR, TotalEnergies, ADNOC's XRG and Turkey's BOTAS have signed a natural gas sales and purchase agreement for gas to be produced from Azerbaijan's Absheron field.The agreement was signed on the sidelines of Baku Energy Week, by SOCAR President Rovshan Najaf…

BP Launches Gas Production at Azerbaijan’s Giant ACG Field

Jun 01, 2026

BP and its partners have started non-associated gas (NAG) production at the Azeri-Chirag-Gunashli (ACG) field offshore Azerbaijan, marking the first commercial gas production from one of the world's largest oil-producing fields.The initial gas…

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