SLB beat Wall Street estimates for third-quarter profit on Friday, supported by strong North American oilfield activity, while signaling recovery in parts of the Middle East following conflict-related disruptions.Repeated flare-ups in the US-Iran conflict…
Indonesia boosted gas supplies to the Jangkrik Floating Production Unit (FPU) in the Kutai Basin on Thursday, with production expected to increase to 750 million standard cubic feet per day (mmscfd) by November.Energy minister Bahlil Lahadalia…
Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's…
Crewsure Insurance Services Limited (Crewsure) has announced the launch of Crewsure Energy, a new program that brings together traditional employee benefits with specialist Crisis Response protection, designed for companies employing personnel…
OEG Marine Services has ordered three additional crew transfer vessels (CTVs) from Diverse Marine, expanding its offshore wind support fleet under a newbuilding program scheduled for delivery throughout 2027.The vessels will be built to the BREVITY SL Class design developed by Chartwell Marine…
Saitec Offshore Technologies and Japan's Kansai Electric Power Company (KEPCO) have agreed to extend operations at the 2 MW DemoSATH floating offshore wind demonstrator in Spain through 2027, with Japanese construction company Kumagai Gumi joining the project as a new partner…
Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…
Zamil Offshore commissioned Incat Crowther and Singaporean shipbuilder Lita Ocean to design, build and deliver a fourth 60-m ABS-classed monohull Fast Support Intervention Vessel (FSIV). The project follows the delivery of the third vessel in…
HYDRA SUBSEA announced the execution of a commercial agreement with Shell Offshore Inc. for a standardized deepwater pipeline installation solution for selected short distance subsea tie-ins in the Gulf of America. Shell’s Appomattox gas lift line is the first project proposed…
Kongsberg Maritime has secured a contract with IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), to provide vessel design and integrated technology systems for four new commissioning service operation vessels (CSOVs) intended for offshore wind operations…
DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal…
OEG has been awarded a contract by Ørsted to supply temporary power for the construction of the Hornsea 3 offshore wind farm, covering offshore converter station commissioning and wind turbine installation and commissioning activities.Under the contract…
Saab UK has received an order from Ørsted for a Seaeye Cougar XT Compact remotely operated vehicle (ROV), expanding the offshore wind company's fleet of Saab Seaeye Cougar systems to three units.The electric ROV will support inspection and maintenance…
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…