Offshore Regions News - page 4


Markets: Middle East OSV Market at a Crossroads After Gulf Conflict

Jun 25, 2026

After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states…

Baker Hughes to Supply Subsea Systems Azule Energy’s Field off Angola

Jun 25, 2026

Baker Hughes has secured a significant contract award from Azule Energy to supply subsea production systems for the Greater PAJ development offshore Angola.Under the agreement, Baker Hughes will provide deepwater horizontal tree systems for the ultra-deepwater greenfield project…

SeaBird Explorer Secures West Africa Job for Fulmar Explorer Vessel

Jun 25, 2026

SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract for ocean bottom node (OBN) source work in West Africa.The company said the Fulmar Explorer vessel will be deployed for the campaign, which has a total duration of about three months…

Tower Resources Gets Final Approval for Namibia Offshore Farm-Out

Jun 25, 2026

Tower Resources has received formal approval from Namibia's Ministry of Industries, Mines and Energy (MIME) for the farm-out of its PEL96 license offshore Namibia to Prime Global Energies, clearing the final outstanding condition precedent for the transaction…

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

Jun 25, 2026

India's Oil and Natural Gas Corporation (ONGC), supported by energy and marine consultancy ABL, has completed the relocation of 44 jack-up rigs ahead of the monsoon season.The pre-monsoon rig moves were carried out between March 15 and May 31…

Clariant Launches OSPAR-Compliant Hydrate Inhibitor for North Sea Ops

Jun 25, 2026

Clariant Oil Services has deployed an anti-agglomerant low-dosage hydrate inhibitor technology in offshore fields in Norway and the United Kingdom that meets OSPAR environmental requirements for North Sea operations.The company's HYTREAT ECO…

Britain's Political Shake-Up Opens Door to North Sea Rethink

Jun 25, 2026

The latest bout of political turmoil in Britain comes as energy security has moved front and centre following the Iran war, offering the next prime minister a chance to rethink the country’s North Sea oil and gas strategy.Andy Burnham, who is…

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Jun 25, 2026

India's Oil and Natural Gas Corp (ONGC) and BP have signed a technical services contract aimed at enhancing production from fields in India's Western Offshore Basin, expanding a collaboration that began at the Mumbai High field in 2025.Under the agreement…

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Jun 25, 2026

ADNOC Drilling has delivered and received acceptance for AD-300, its first AI-enabled, fully automated walking island rig, nearly three months ahead of schedule.AD-300 is the first of six next-generation island rigs being deployed under a $1…

Hitachi Energy Nets $873M Deal for Italy-Tunisia Power Link Converter Stations

Jun 25, 2026

Italian grid operator Terna and Tunisian electricity and gas company STEG have awarded Hitachi Energy a contract worth about $873 million (€770 million) to build converter stations for the Elmed electricity interconnection project between Italy and Tunisia…

Vår Energi, Partners Submit Development Plan for Gjøa Subsea Projects in North Sea

Jun 25, 2026

Vår Energi and its partners have submitted a Plan for Development and Operations (PDO) to Norway's Ministry of Energy for the Gjøa Subsea Projects in the North Sea after taking a final investment decision on the developments.The Gjøa Subsea…

Wintermar Takes Full Control of Fast Offshore Supply

Jun 24, 2026

Indonesian offshore vessel operator PT Wintermar Offshore Marine (WINS) has acquired the remaining stakes in Singapore-based Fast Offshore Supply (FOS) and its subsidiary PT Fast Offshore Indonesia (FOI), gaining full control of both companies…

INEOS Engages Semco Maritime for Long-Term Services in Danish North Sea

Jun 24, 2026

Energy services company Semco Maritime has secured a five-year framework agreement with INEOS to provide onshore and offshore services for the company's operations in the Danish part of the North Sea.The contract runs from June 2026 to May 2031 and includes options for two one-year extensions…

DeepOcean Installs Inter-Array Cables at Germany's Nordseecluster A

Jun 24, 2026

Ocean services provider DeepOcean has completed the installation and testing of all inter-array cables at the Nordseecluster A offshore wind farm in Germany.DeepOcean's contract included project management and engineering, the provision of cable protection systems…

MODEC to Supply Mooring System for Coral Norte FLNG off Mozambique

Jun 24, 2026

Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners.MODEC…

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