ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…
Moby Robotics is a new entrant to the subsea swarm autonomous robotic space, created in 2025 and aiming to take the discovery and recovery of subsea minerals market. Andrew Lipman, a USMMA graduate and long time executive with ABS stationed in China…
Dutch offshore contractor Allseas has secured a contract by Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline, a key component of the planned Ksi Lisims LNG export project in northwest Canada…
Nauticus Robotics has completed the first prototype of its next-generation electric manipulator, marking a milestone in the company's strategy to expand its portfolio of autonomous subsea intervention technologies.The manipulator has been designed…
Keppel has launched a program to monetize up to 10 legacy offshore drilling rigs through a newly established Keppel Offshore Fund (KOF), in a transaction valued at approximately $2.86 billion (S$3.7 billion) that will expand its funds under management and generate proceeds from non-core assets…
Apollo Global Management will invest $1.5 billion in Singapore-based Keppel's new private fund that will hold six operational oil rigs, the two companies said on Monday.The deal will help Keppel monetise its non-core assets and unlock capital for re-investment…
As global geopolitical tensions and concerns over the security of critical subsea infrastructure, including offshore wind farms and subsea cables, continue to grow, leading offshore developers and marine engineering companies are reassessing their procurement strategies…
ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply…
RWE has installed half of the 72 turbines planned for the 1.1 GW Thor offshore wind farm off Denmark's west coast, keeping the project on track for full commercial operation in 2027.The wind farm, located near Jutland, will use Siemens Gamesa turbines rated at up to 15 MW each…
Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope to replicate across Australia's offshore energy sector.The agreement is the first in what unions describe as a second wave of bargaining across the sector…
Sunda Energy has submitted an application for a new petroleum exploration permit covering an offshore area of New Zealand's Taranaki Basin as the company expands its focus on gas opportunities in the country.The proposed permit covers approximately…
Saudi Arabian drilling contractor Arabian Drilling has received approval to resume operations for three offshore drilling rigs that had been temporarily suspended earlier this year, with the units expected to return to work within weeks.The suspensions…
The Renewables Infrastructure Group (TRIG) has signed a sale and purchase agreement to divest its 17.5% stake in Scotland's 588 MW Beatrice offshore wind farm for about $207 million (£155 million).The agreement follows TRIG's June 15 announcement that funds managed by Equitix Investment Management…
Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very…
Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…