Belgian marine contractor DEME has ordered a next-generation trailing suction hopper dredger (TSHD) as part of a fleet expansion aimed at improving efficiency in dredging, land reclamation and offshore seabed preparation.The new vessel will have a hopper capacity of 22…
Oil prices fell for a third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.Brent futures LCOc1 were 66 cents or 0.92% lower at $70…
German federal prosecutors said on Thursday that a Ukrainian national tied to the Nord Stream pipeline blasts has been charged with being an accomplice to a war crime, disruption of public services, causing an explosion and destroying structures…
Norwegian unions representing offshore drilling rig and floating platform workers entered state-mediated wage talks on Wednesday, aiming to avert a strike from Friday that could affect parts of the country's oil and gas sector.The three unions…
Danish marine equipment supplier Svanehoj has secured its first contract to supply LNG tank gauging systems for the conversion of a liquefied natural gas (LNG) carrier into a floating storage unit (FSU).The company will deliver four LNG density…
DOF Group has secured a contract from TotalEnergies to provide subsea construction and mooring services for the floating storage and offloading (FSO) Unity Replacement Project.The contract covers engineering, transportation and installation of mooring systems…
EnergyPathways has launched the work program for its MESH offshore energy storage project after formally accepting a gas storage license for the development in the East Irish Sea.The company plans to carry out a site survey in the third quarter of 2026 to collect environmental…
MacGregor has secured a series of offshore load handling modernization and upgrade contracts during the first half of 2026, strengthening its position in the offshore services market.The contracts, booked in the company's first- and second-quarter 2026 order intake…
Norway's Føn Energy Services has secured a multi-year, multi-million-dollar contract from Baltic Power to provide operations and maintenance (O&M) services for the Baltic Power offshore wind farm in Poland.The long-term agreement, which includes extension options…
Woodside Energy has completed the transfer of operatorship of the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV) from Esso Australia Resources, taking over operation of one of Australia's largest domestic gas-producing asset portfolios…
Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners.Located in Paramaribo…
DNV has completed an independent technical review of Fred Olsen 1848's BRIZO floating solar system, supporting the technology's progress toward project development, bankability discussions and future commercial deployment.The BRIZO floating photovoltaic (FPV) system is designed to operate in inland…
Aker Solutions has been awarded a substantial contract to deliver a high-voltage direct current (HVDC) substructure for a European offshore wind project by an undisclosed customer.The company's scope of work includes engineering, procurement and construction…
Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…
Italian energy major Eni and commodities trading group Mercuria have signed an agreement to establish an equally owned joint venture to oversee energy commodities trading activities across global energy markets.The joint venture will operate…