Offshore Regions News - page 53


NSTA Issues Fine for Armada Hub Vent Breaches in Central North Sea

Jul 29, 2025

Oil and gas firm Chrysaor, acquired by Harbour Energy in 2021, has been fined over $200,000 for exceeding its vent consent by more than half of the permitted amount and failing to identify and inform the North Sea Transition Authority (NSTA)…

Eco Wave Power Installs Floaters for LA’s Pilot Wave Energy Plant

Jul 29, 2025

Onshore wave energy technology firm Eco Wave Power has completed the installation of floaters for its first U.S. wave energy project at the Port of Los Angeles.With this critical milestone achieved, the company is moving full speed ahead toward the official unveiling on September 9…

TenneT Hires Asso.subsea for Cabling Work off Germany

Jul 29, 2025

Subsea cable services company Asso.subsea has secured the nearshore cable installation contract for three key projects under TenneT’s 2 GW grid program, including BalWin4, LanWin1, and LanWin5.The projects are located off the northwestern coast of Baltrum Island…

Arabian Drilling Books First Offshore Contract Outside Saudi Arabia

Jul 29, 2025

Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, has signed a contract with a GCC-based company for its first offshore operation outside Saudi Arabia.The deal, signed with an undisclosed GCC-based energy company, is primarily for offshore exploration drilling…

Woodside Takes Over Operatorship of Bass Strait Assets from ExxonMobil

Jul 28, 2025

Woodside has agreed to assume operatorship of the Australian Bass Strait assets that it shares with ExxonMobil and plans to develop additional gas resources using existing infrastructure there.Woodside will assume operatorship of the offshore Bass Strait production assets…

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Jul 28, 2025

Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…

Bourbon to Deliver Next-Gen Crewboats for Eni’s Congo Operations

Jul 28, 2025

French offshore vessel services firm Bourbon has signed a five-year charter agreement with Eni Congo for six next-generation crewboats to support operations on Eni’s offshore fields in the Central Africa country.The agreement includes the deployment of six newly built S200X-G2 crewboats…

Inyanga Marine to Operate Hybrid Vessel for Offshore Wind Sector

Jul 28, 2025

Inyanga Marine Energy Group has assumed operational management of the newly built hybrid utility vessel Tor Boreas, in partnership with Turkey’s Tor Group, targeting the offshore wind sector.Tor Boreas is 26.95 meters long, with a breadth of 11 meters…

Aker BP Swaps North Sea Stakes with Japex

Jul 28, 2025

Norwegian oil and gas producer Aker BP has signed an agreement with Japex Norge to exchange interests in several North Sea assets, enhancing its presence in the northern sector of the basin.Under the deal, Aker BP will transfer a 10% interest in the Alve Nord development (PL127C) and a 3…

BW Energy Hires Deepsea Mira Rig for Drilling Ops off Namibia

Jul 28, 2025

BW Energy, together with NAMCOR E&P, has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu license, offshore Namibia.The drilling operation in the Orange Basin is scheduled for the second half of 2025…

Saipem Expects $20B Mozambique LNG Project Restart by End of Summer

Jul 28, 2025

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies TTEF.PA will restart by the end of the summer, the CEO of the energy contractor said on Thursday.Covered by force majeure since 2021 following insurgent attacks…

Shelf Drilling Secures Work for Jack-Up Rigs in UK and Egypt

Jul 28, 2025

Offshore drilling contractor Shelf Drilling has secured work for two of its jack-up drilling rigs in U.K. and Egypt, under new contracts and extensions worth collectively around $35 million.Shelf Drilling has signed a one-year extension for…

Harlyn Solutions Expands Market Scope with New Dutch Base

Jul 25, 2025

U.K.-based logistics and engineering specialist Harlyn Solutions has opened a new office in Rotterdam in the Netherlands, marking a key step in its European expansion strategy aimed at supporting complex energy and infrastructure projects across the continent…

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Jul 25, 2025

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) has acquired 50% of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) through a $450 million deal with Chevron's subsidiaries.The transaction, completed on July 25…

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Jul 25, 2025

Canada-based oil and gas company Valeura Energy has signed a farm-in agreement with Thailand’s state-backed PTTEP to acquire a 40% interest in offshore Blocks G1/65 and G3/65 in the Gulf of Thailand, marking a major expansion of its regional footprint…

Current News

Ocean Winds Hires Seaway7 for Offshore Wind Job in Poland

Oman’s Block 50 Offshore Drilling to Advance After $25M Funding Raise

Vissim to Provide Vessel Collision Avoidance System for Qatari Offshore Field

Brazil’s Petrobras Targets Rapid Start-Up at Sudoeste de Tartaruga Verde

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