DOF Group ASA has agreed to sell the 2018-built subsea construction vessel Skandi Implementer to an undisclosed buyer.The vessel is planned to be delivered to its new owner in Q2 2027. The sale will contribute to a material reduction in the Group’s net debt…
Worley Rosenberg has secured a contract from Subsea7 to fabricate subsea structures and spools for the second phase of Norway's Northern Lights carbon capture and storage (CCS) development.The contract covers fabrication of key subsea infrastructure…
Offshore drilling contractor Seadrill has secured new drilling contracts and extensions covering four rigs offshore Indonesia, Malaysia, Angola and in the U.S. Gulf.In Indonesia, West Carina drillship has been awarded a contract with an undisclosed…
RWE has completed the sale of its 33.33% stake in the 1.1 GW Five Estuaries offshore wind farm project in the U.K. to EDF power solutions UK and Ireland, with EDF taking over responsibility for leading the development on behalf of the joint venture partners…
Ørsted has exercised a buyback right to acquire the remaining 49.9% stake in the Gunfleet Sands 1 & 2 offshore wind farm in the UK from its investment partners, paving the way for full ownership of the 172 MW asset.The company currently holds a 50…
Rockhopper Exploration has agreed to invest $44 million to acquire a 35% interest in the OSX-1 floating production, storage and offloading (FPSO) vessel, which is planned for the accelerated development of the Sea Lion oil field in the North Falkland Basin…
Shell and Chevron said on Wednesday they were curtailing offshore operations in the Gulf of Mexico as Tropical Storm Isaias approached the region.Shell said it was evacuating all personnel and shutting in production at its Mars, Olympus, Ursa…
Chevron and the Egyptian Natural Gas Holding Company (EGAS) have signed an agreement covering at least $88 million of investment in natural gas and crude oil exploration and production in the Lotus offshore area in the Mediterranean Sea.The…
Shell's third-quarter integrated gas production was expected to be about 740,000 to 780,000 barrels of oil equivalent per day, the company said on Wednesday, compared with a previously expected range of 570,000 to 630,000 boed.In the second quarter…
Chevron Technical Center has joined a long-term digital subsurface collaboration between SLB and TotalEnergies to co-develop technologies for reservoir engineering and geoscience.The collaboration, known as Arena, was established by SLB and…
DOF Group has received a letter of intent for a contract valued at between $50 million and $100 million that would secure work for one of its I-class vessels in the first half of 2028.The scope includes DOF's in-house project management and engineering…
Fugro has completed an ultra-deepwater geohazard site survey for Petronas Carigali's Megah and Limbayong fields off Sabah, East Malaysia, using autonomous underwater vehicle (AUV) technology.The offshore campaign ran from June to August 2026…
Louis Dreyfus Armateurs (LD Armateurs) has taken delivery of the DP2 multipurpose support vessel TVO Mariner for its LD TravOcean subsidiary, expanding its capacity for subsea cable installation, repair and protection work.The vessel, delivered to the group in mid-September…
The US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday…