Vår Energi has exercised a second option for the COSL Drilling Europe's COSLPioneer semi-submersible drilling rig.The extension builds on existing operations and reflects continued cooperation between the companies.The COSLPioneer is a semi…
Multidisciplinary consultancy AGR has entered into a partnership agreement to onboard the offshore support vessel Aquaman II, expanding its capacity for subsea operations, plug and abandonment (P&A) and decommissioning work in the North Sea…
Equinor is extending key supplier agreements with a combined value of around NOK 17 billion ($1.8 billion). Baker Hughes Norge, Halliburton and SLB Norge have been awarded the contracts for integrated drilling and well services to help maintain production from the Norwegian continental shelf…
Amplitude Energy has awarded a contract to JDR Cable Systems to supply subsea control umbilicals for its East Coast Supply Project offshore Victoria, aimed at supporting gas delivery to southeastern Australia.JDR will supply about 18 km of hydraulic control umbilicals…
Offshore driller Noble Corporation has secured about $565 million in new contract value since its last fleet update, lifting its backlog to $7.5 billion as fleet utilization improved.Utilization of the company’s 29 marketed rigs rose to 68% in the first quarter from 64% in the previous quarter…
Forum Energy Technologies (FET) has unveiled its latest solution in subsea handling equipment, the Model 6000 (M6000) Launch and Recovery System (LARS).Part of FET’s Dynacon product line, the M6000 provides a compact, all-in-one solution for inspection and light work-class ROV operations…
Paul Davison of SMD reflects on company growth and shares insight into the recent announcement of the electrification of the QTrencher ROV line.
The American Bureau of Shipping (ABS) and Fleet Robotics have signed a memorandum of understanding to collaborate on autonomous robotic systems for hull cleaning and inspection.The agreement, announced at Singapore Maritime Week, aims to support…
Over the last few years, the energy trilemma has pivoted away from energy transition to energy security and affordability. As a result, offshore oil & gas exploration and production activity, including deepwater activity, has been relatively healthy…
Conflict between Iran, the United States, Israel and allies throughout the Gulf region has had an immediate effect on the oil and gas industry, both upstream and downstream. Drone and missile attacks have damaged refineries and as of mid-April 2026…
Offshore drilling contractor Odfjell Drilling has reported an equipment handling incident on its Deepsea Atlantic rig, which caused a blowout preventer (BOP) to drop to the seabed and prompted a suspension of operations.The incident occurred on April 18 while running the BOP…
Offshore drilling contractor Transocean has secured a five-well contract for its Deepwater Asgard drillship in the Eastern Mediterranean Sea.The estimated 390-day campaign with an undisclosed operator is expected to start in the fourth quarter…
Two of Norway’s offshore companies, GoSubsea and Envirent, have announced a strategic partnership that combines technical expertise with expanded service offerings.In 2025, both companies were recognized with the prestigious Gaselle Award, highlighting…
Offshore drilling contractor Borr Drilling has informed that several of its rigs in the Middle East are returning to operations following recent disruptions, as the company secures a new contract in Southeast Asia.The company said the Arabia…
Dolphin Drilling, an Oslo-listed, Aberdeen headquartered offshore drilling contractor, has signed a letter of intent (LOI) for a potential new contract for its Paul B. Loyd Jr semi-submersible rig, which could keep the unit working through 2030…