Activity News


OKEA Spuds Exploration Well in North Sea

Jul 08, 2025

Norwegian oil and gas company OKEA has spudded an exploration well at the Brage field in the North Sea, offshore Norway, as part of the three-well drilling campaign.The exploration well, to be drilled in the southern part of the Talisker discovery…

Shelf Drilling’s Jack-Up Rig to Stay with Eni off Italy

Jul 08, 2025

Offshore drilling contractor Shelf Drilling has secured a one-year extension with Eni for its Key Manhattan jack-up rig.The total added contract value is approximately $29 million, and the rig is now committed until November 2026.According to Shelf Drilling…

Exxon Mobil Discovers Natural Gas Reserve Offshore Cyprus

Jul 07, 2025

A consortium led by ExxonMobil has found a reservoir of natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on Monday.Drilling resulted in preliminary indications of 350 metres of a gas-bearing reservoir at a depth of 1…

Ecopetrol Purchases Enel Wind Power Project for $50m

Jul 07, 2025

Colombian state oil firm Ecopetrol said on Monday it has purchased a wind power project in the northern province of La Guajira from Enel for $50 million.The Windpeshi project will have a capacity of 205 megawatts (MW), which will be added to Ecopetrol Group's self-consumption energy portfolio…

Rotra Futura RoRo Vessel Enters Offshore Wind Operations

Jul 07, 2025

The Rotra Futura Roll-on/Roll-off (RoRo) vessel has entered operations, with the transportation of wind turbine blades from Denmark to the United States.The project supply vessel, specifically designed to handle larger and heavier offshore wind turbine components…

McDermott Lands Brava Energia’s Job off Brazil

Jul 07, 2025

McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.Under the contract scope…

MOL Teams Up with Kinetics for ‘World's First’ Floating Data Center

Jul 07, 2025

Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) with Kinetics, the energy transition initiative of global floating power leader Karpowership, to jointly develop a next-generation floating data center platform.Under the MoU…

Swiss Firm Acquires Defunct Beam

Jul 07, 2025

Rosenxt UK, part of Switzerland-based Rosenxt Holding, has acquired selected assets and talent from subsea robotics and engineering firm Beam, which went into administration in May.The strategic move enhances Rosenxt’s subsea capabilities, reinforcing…

French Wave Energy Firm Closes Multi-Million-Dollar Fundraiser

Jul 07, 2025

French company Seaturns has raised $2.9 million to industrialize its wave energy technology and accelerate large-scale deployment.The funding round, carried out primarily through the Keenest platform, also received strong support from long-standing…

Santos and QatarEnergy Agree Mid-Term LNG Supply

Jul 07, 2025

Santos has signed a mid-term liquefied natural gas (LNG) supply contract with QatarEnergy Trading.The contract is to supply approximately 0.5 million tonnes of LNG per annum over a period of two years from 2026 with LNG being supplied from Santos’…

Subsea7 Gets Work Offshore Egypt

Jul 07, 2025

Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures…

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

Jul 07, 2025

SED Energy Holdings, through its wholly owned subsidiary Energy Drilling, has signed a five-year contract with PTT Exploration and Production Public Company Limited (PTTEP) for an offshore drilling campaign using its tender-assist drilling rig…

Valaris Scoops $760M for Two Drillship Contracts

Jul 07, 2025

Offshore drilling contractor Valaris has secured work for two of its drillships in the Gulf of America.Valaris has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18…

EnBW, BP Secure Consent for 1.5GW Offshore Wind Farm in UK

Jul 07, 2025

The U.K. government has granted development consent to BP and EnBW for 1.5 GW Mona offshore wind farm in the east Irish Sea, off Wales.Mona offshore wind farm is planned to feature up to 96 turbines and four offshore substation platforms.At its closest point…

Petronas Set for Three-Well Drilling Campaign off Suriname

Jul 07, 2025

Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday.Petronas hired…

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