Activity News


OEG Expands Wind Services with Hybrid Acquisition

Jun 04, 2026

OEG has acquired Hybrid Resource Management, an onshore and offshore wind workforce solutions provider, in a move to strengthen its technical services capability and expand its presence in the operations and maintenance (O&M) wind market across the UK and Europe…

Sonardyne, AMOG Join Forces on Subsea Asset Integrity Services

Jun 04, 2026

Sonardyne and engineering consultancy AMOG have signed a memorandum of understanding to jointly offer subsea asset monitoring services for offshore energy infrastructure.The partnership will combine Sonardyne's underwater monitoring, positioning…

Motive Offshore Acquires Subsea Tech Firm C-Kore

Jun 04, 2026

Motive Offshore Group has acquired subsea cable monitoring and integrity technology company C-Kore in a move aimed at expanding its testing, inspection and certification (TIC) capabilities.The acquisition is expected to increase the contribution…

GE Vernova Fails Again to Halt Offshore Wind Work at Vineyard Wind

Jun 04, 2026

A Massachusetts judge on Monday declined to lift an order that forced turbine supplier GE Vernova GEV.N to continue work on the largest offshore wind farm in New England or to send its dispute with the $4.5 billion project's developer, Vineyard Wind…

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Jun 04, 2026

McDermott has been selected by Aramco as one of 11 contractors under a long-term Project Management Consultancy (PMC) agreement supporting the delivery of energy, downstream, petrochemical and low-carbon projects across Saudi Arabia.The multi…

Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

Jun 04, 2026

Malaysia’s oil and gas services firm Velesto Energy has secured a contract from Northern Gulf Petroleum (NGP) for the provision of jack-up drilling rig services offshore Thailand.The contract was awarded to Velesto's wholly owned subsidiary…

MOL Joins Delfin FLNG Development in US with Planned Investment of $300M

Jun 04, 2026

Mitsui O.S.K. Lines (MOL) has reached a final investment decision to participate in the Delfin FLNG 1 project, an offshore floating liquefied natural gas (FLNG) development off the coast of Louisiana that is expected to become the first FLNG facility in the United States…

Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

Jun 04, 2026

Kuwait could restore nearly 70% of its oil production within six to eight weeks after the Strait of Hormuz reopens, Kuwait Petroleum Corporation's managing director for international marketing, Shaikh Khaled Ahmad Al-Sabah, said on Wednesday…

MODEC, Eld Energy Partner on CCS-Integrated FPSO Fuel Cell Power System

Jun 04, 2026

MODEC and Norway-based Eld Energy have signed a memorandum of understanding to develop a 1.2 MW power system integrated with carbon capture for future floating production, storage and offloading (FPSO) vessels.Under the agreement, Eld Energy will lead the design…

TotalEnergies Nears Development Decision on Absheron Phase Two

Jun 04, 2026

TotalEnergies expects to move ahead with the second development phase of Azerbaijan's Absheron gas-condensate field by end-2026, Emmanuel de Guillebon, managing director of TotalEnergies Azerbaijan, said.The project is currently at the tendering stage…

Saipem Completes Key Module Lift for Libya’s Offshore Gas Project

Jun 03, 2026

Saipem has completed the lifting and installation of a gas recovery module for the Bouri Gas Utilization Project (BGUP) offshore Libya using its heavy-lift vessel Saipem 7000.The module, fabricated by Rosetti Marino at its Marina di Ravenna yard on behalf of Saipem…

Inch Cape Completes Offshore Wind Monopile Installation Campaign

Jun 03, 2026

Installation of all 54 monopile foundations for the Inch Cape offshore wind farm has been completed, marking a key milestone in the construction of the 1.08 GW project off Scotland's east coast.The monopiles were installed by Jan De Nul's heavy-lift vessel Les Alizés…

Norway Faces Initial Production Loss if Offshore Workers Go on Strike

Jun 03, 2026

Norway's oil and gas output could initially fallby about 45,500 barrels of oil equivalent per day from Friday onwards if workers choose to go on strike, industry group Offshore Norway told Reuters on Wednesday.Nearly 8% of Norwegian offshore…

Northern Lights Expands LCO2 Fleet with Vessel Charter for MISC, K Line

Jun 03, 2026

Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…

Subsea7 Secures US Gulf Subsea Contract From Murphy

Jun 03, 2026

Subsea7 has secured a ‘sizeable’ contract by Murphy Exploration & Production Company for the String Music development in the U.S. Gulf.The project includes the engineering, procurement, construction, and offshore installation of a production…

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