Offshore Rigs News


ASRY Marks 200th Offshore Rig Milestone with Valaris Project

Jun 04, 2026

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed its 200th offshore rig project following the delivery of the VALARIS 250 (Bob Palmer) offshore rig project.The milestone was marked during a ceremony attended by executives and officials from ASRY and representatives from Valaris…

Aramid hybrid rope cuts snap-back risk and deck contamination on 6,000m OSV

Jun 03, 2026

Aramid hybrid rope cuts snap-back risk and deck contamination on 6,000m OSVWhen Stabbert Maritime configured its multipurpose support vessel Ocean Guardian for continuous deepwater operations, the company expected the lifting system to be a workhorse…

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…

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…

TotalEnergies Makes Middle East Oil Trades After US Navy Buildup in Gulf

May 29, 2026

French oil major TotalEnergies made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy amassing ships near the Gulf in February, its CEO told French newspaper Le Figaro in an interview published on Thursday…

Meet VideoRay’s new Mission Specialist Wraith

May 27, 2026

Mission Specialist SeriesIntroducing the VideoRay WraithThe 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…

NOPSEMA Releases Australia’s Offshore Energy Industry Performance Report

May 27, 2026

NOPSEMA has released Australia’s Offshore Energy Industry Performance Report 2025, providing an overview of offshore energy activity and performance across Australia’s regulated jurisdictions.The report draws on regulatory data, inspection and assessment findings…

Well-Safe Expands Into Well Operatorship with First UK North Sea Job

May 26, 2026

Well-Safe Solutions has secured its first contract to provide full well operatorship and asset execution services for an unnamed client in the UK North Sea.The contract expands the company’s service offering into integrated well lifecycle services…

Meet VideoRay’s new Mission Specialist Wraith

May 21, 2026

Mission Specialist SeriesIntroducing the VideoRay WraithThe 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…

TGS Secures OBN Survey Contract off Norway

May 21, 2026

Energy data and intelligence specialist TGS has secured of an ocean bottom node (OBN) contract in the Norwegian North Sea.Mobilization will start in June, and the contract has a duration of approximately 25 days.'We are very pleased to secure…

Equinor and Aker BP Swap Stakes in Norwegian Offshore Fields

May 21, 2026

Equinor and Aker BP have agreed to swap stakes in several oil and gas fields offshore Norway, as part of a strategic collaboration aimed at increasing production and value creation across selected areas.The companies said the agreement focuses initially on the Troll-Fram…

Wide Barge Could Reduce Crane Needs for Turbine Foundation Installation

May 14, 2026

The substructures for fixed offshore wind turbines weigh thousands of tonnes. Only about five vessels in the world can lift that much weight. So now researchers are testing an alternative: an unusually wide barge.Using experience gained from the oil and gas industry…

Seadrill’s Backlog Reaches $3.1B with $860M in New Rig Deals

May 11, 2026

Seadrill has secured more than $860 million in new contract backlog since February fleet status report, driven by offshore drilling awards and extensions in Brazil, the U.S. Gulf and Angola, lifting its total contract backlog to about $3.1 billion…

Amplitude Energy Secures Production License for Annie Gas Field off Australia

May 07, 2026

Amplitude Energy, formerly Cooper Energy, has received production license VIC/L37 for the Annie offshore gas field in Australia’s Otway Basin, with first gas targeted in 2028.The Annie field was discovered in 2019 and is expected to supply gas to Australia’s east coast domestic market…

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