SLB has announced that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC).The contract encompasses 20 wells and covers…
Petrobras will exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, according to a securities filing.Following the deal, Petrobras will hold 100% of the Tartaruga Verde field and Module III of the Espadarte field…
Trendsetter Vulcan Offshore (TVO) completed a unique tethered blowout preventer (TBOP) installation in the Gulf of America (GoA) to reduce wellhead fatigue in soft seabed conditions.TVO’s proprietary technology was essential in enabling the…
Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel London.Among the companies taking center stage…
Spain hopes to have its first offshore wind tender this year with a target of 3 GW, Energy minister Sara Aagesen said on Wednesday.She had already announced a similar plan a year ago.(Reuters - Reporting by Pietro Lombardi. Writing by Emma Pinedo; editing by Charlie Devereux)
Offshore drilling contractor Borr Drilling has placed three jack-up rigs on standby in the Arabian Gulf following recent hostilities in the region arising from the U.S.-Israel and Iran war.The company has four jack-up rigs deployed in the area…
Saipem has launched a state-of-the-art Drilling Training Centre featuring a full-scale simulator designed to deliver immersive, hands-on training for drilling personnel operating in complex offshore environments. Accredited by the International Well Control Forum…
Acteon’s marine foundations business line, Menck, has delivered the first of two MHU4400S hydraulic hammer systems to Heerema Marine Contractors Nederland under a multi-million-dollar supply agreement.The delivery marks the first phase of a…
Altech Corporation has introduced a line of pluggable terminal blocks that enable simple and fast installations, field wiring and equipment test setups.These compact, pluggable terminal blocks combine accurate, secure wire connections with simplicity and time savings…
Germany’s Ernst Russ has acquired two multi-purpose vessels, MV Ronnie and MV Charlie, as part of its long-term fleet strategy to expand exposure to the project cargo segment and strengthen predictable earnings.The Hamburg-based shipowner said…
Halliburton has launched the RangeStar Geothermal Well Spacing and Intercept Service, a magnetic ranging solution designed to improve speed, accuracy and automation in geothermal well development.The new service, part of Halliburton’s RangeStar magnetic ranging portfolio…
Tronics, a TDK group company, has expanded its high-performance MEMS inertial sensor portfolio with the launch of the AXO315®T1, a high-temperature digital accelerometer designed for energy sector drilling applications. The AXO315®T1 MEMS accelerometer…
The Bureau of Ocean Energy Management announced proposed revisions to its regulations governing hard mineral resources on the U.S. Outer Continental Shelf aiming to advance exploration and development of critical minerals essential to national security…
Saipem has introduced an artificial intelligence (AI)-based predictive maintenance system onboard its ultra-deepwater drillship Saipem 12000, aiming to improve operational efficiency and offshore safety.The system uses real-time data and artificial…
The new Mission Specialist Wraith from VideoRay is a next-generation compact ROV that sets a new standard in subsea agility, power, and operational versatility. Featuring a ten-thruster design with true six-degrees-of-freedom control, Wraith…