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…
Ocean services provider DeepOcean has secured a long-term subsea inspection, maintenance and repair (IMR) contract from Equinor, its largest contract on record.The eight-year contract will set a new benchmark for digitalized and environmentally friendly IMR operations…
Ocean services provider DeepOcean has secured an inspection, maintenance and repair (IMR) contract from Vår Energi for Goliat and Balder fields offshore Norway.The scope of work, scheduled for 2025, also includes additional light construction work to be completed within the same year…
Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) on Monday announced it has signed a new three-year contract with bp for field development, and inspection, maintenance and repair (IMR) work.The contract, which has options for two one-year extensions…
Vattenfall has signed a multi-year framework contract with Van Oord for the charter of the jack-up vessel, MPI Resolution, which will be tasked with offshore wind turbine maintenance.The contract will provide guaranteed availability of the vessel for several months each year…
A commercial dive crew from Phoenix International Holdings recently completed an underwater inspection in lieu of drydocking (UWILD) for Talos Energy on the Thunderhawk platform at MC-736-A in the Gulf of Mexico.Using a deep air package and a dive crew consisting of six divers…
DeepOcean won a contract extension with Diavaz for the vessel, Arbol Grande. The vessel will work on Inspection Maintenance and Repair (IMR) services in Mexico for the next five years.Arbol Grande is a construction and subsea vessel, delivered…
