Finland's Steerprop expanded its range of retractable thrusters with its biggest unit to date. Designed for offshore vessels and workboats that need high-performance station-keeping or thrust boost capabilities, the SP 45 R will be introduced on several offshore…
SeaRenergy Offshore Holding GmbH and Tethys Robotics AG will partner to integrate the Tethys ONE system into SeaRenergy's offshore service portfolio, enhancing the efficiency and quality of subsea inspections.The Tethys ONE is an underwater…
Kuwait and Saudi Arabia have made a new oil discovery in the Neutral Zone, which contains jointly operated oil fields between the two countries, Saudi state news agency (SPA) reported, citing a joint announcement.It is the first discovery since…
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects…
AIS Bardot, a supplier of subsea umbilicals, risers and flowlines, has secured a contract from Saipem for TotalEnergies’ Kamiho deepwater oil and gas project, off Angola.The contract is for the manufacture and supply of three complete hybrid riser lines of 100 meters each…
Danish offshore wind installation firm Cadeler has agreed acquire the Boqiang 3060, a newly-constructed jack-up wind turbine installation vessel (WTIV), from Shanghai Boqiang Heavy Industry Group.The acquisition will enhance Cadeler’s capacity…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat exploration wells in the North Sea.The permit is for wellbore 15/5-8 S and 15/5-8 A, in production license 1140.The license is operated by Equinor with 60% working interest…
Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…
The subsea technology market is changing via merger and acquisition, as the need for seamless connection and interoperability from space to the seabed increases for defense and commercial applications. Earlier this month it was announced that…
Aker Solutions has signed a sizeable contract to deliver maintenance and modification services for Vår Energi’s Jotun, Balder, and Ringhorne assets in the southern area of the Norwegian Continental Shelf (NCS).The five-year agreement includes…
Brand Energy & Infrastructure Services by BrandSafway has secured a six-year extension to its maintenance term contract with oil and gas production company NAM Offshore for its assets in Southern North Sea.With a strong focus on safety and productivity…
Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil.Work will begin in January 2025…
Aker Solutions has signed a two-year contract extension for maintenance and modifications work for Aker BP, which covers the operated field centers Valhall and Hod, Ula and Tambar, Alvheim and Skarv, offshore Norway.The existing frame agreement…
Ocean Winds, a joint venture between EDP Renewables and ENGIE, has appointed Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service program for the Moray West and Moray East offshore wind farms in Scotland…
FORCE Technology and Asia Offshore Solutions (AOS) have signed a strategic partnership agreement to improve access to structural monitoring, advanced subsea inspection and cathodic protection services to the Australian offshore industry.As part of the partnership…