Industry News


McDermott Performs Record-Breaking Lift on BorWin6 HVDC Project

May 13, 2024

McDermott has executed its heaviest stacking lift at the Jebel Ali fabrication yard in Dubai as part of the BorWin6 980MW high-voltage, direct current (HVDC) project for TenneT.The stacking of deck level one had a total weight of 1,962 metric…

Cyan Renewables, Hyundai to Set Up Offshore Wind Vessel Suply Chain in South Korea

May 13, 2024

Cyan Renewables, a portfolio company of Seraya Partners, has entered into a strategic collaboration with Hyundai Asset Management to establish a robust vessel supply with strong local content for South Korea's offshore wind market.Cyan Renewables…

SubseaPartner Lands Diving Job at Vår Energi’s Fields Offshore Norway

May 13, 2024

Norwegian diving contractor SubseaPartner has secured offshore work at the Goliat and Balder fields on the Norwegian Continental Shelf (NCS) for Vår Energi.The contracts have been awarded by Vår Energi under the existing frame agreement for offshore contingency and diving intervention services…

NKT Wraps Up UK-Ireland Interconnector Remediation Ops

May 13, 2024

Danish subsea cable and services firm NKT has completed inspection survey and remediation work on the East West HVDC interconnector that links Ireland and Great Britain.The specialized inspection and remediation work allows the owner, EirGrid Interconnector Designated Activity Company (EIDAC)…

Eni Eyes New Oil and Gas Spin-Offs in Energy Transition Satellite Strategy

May 13, 2024

Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on low-carbon activities, company sources said.Such…

Mubadala Energy Makes Second Major Gas Discovery in Indonesia

May 13, 2024

Mubadala Energy has made second consecutive ‘significant’ gas discovery in South Andaman offshore Indonesia at the Tangkulo-1 exploration well, using Seadrill’s West Capella drillship.The Tangkulo-1 exploration well was drilled about 65 kilometres offshore North Sumatra in Indonesia…

Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal

May 13, 2024

Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant.The study assessed site suitability, project design requirements, capital and operating costs…

AGR Gets Offshore CO2 Storage Job in North Sea

May 13, 2024

Altera Infrastructure has appointed AGR, part of ABL Group, to conduct an independent third-party storage evaluation of the Havstjerne CO2 storage license offshore Norway.In late March 2023, the Norwegian Ministry of Energy awarded Altera Infrastructure…

Cadeler Secures Up to $140M in Vessel Agreements with Equinor and Polenergia

May 13, 2024

Danish offshore wind installation firm Cadeler has secured vessel reservation agreements with Equinor and Polenergia joint ventures MFW Bałtyk II and MFW Bałtyk III, marking the first contract between the companies.Both MFW Bałtyk II and MFW Bałtyk III are 50% owned by Equinor and 50% by Polenergia…

Subsea7, OneSubsea to Install Türkiye’s First FPU in Black Sea

May 13, 2024

Subsea Integration Alliance, a strategic partnership between OneSubsea and Subsea7, has secured a ‘large contract’ from Turkish Petroleum Offshore Technology Center (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye…

QatarEnergy Joins ExxonMobil in Two Exploration Blocks Offshore Egypt

May 13, 2024

QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.Under the terms of the agreement, which is subject to customary approvals by the government of Egypt…

Vard to Build Two CSOVs for Taiwanese Client

May 10, 2024

Norwegian shipbuilder Vard has signed a contract with an undisclosed Taiwanese customer for the design and construction of two Commissioning Service Operation Vessels (CSOVs).The customer has appointed VARD to design and construct two CSOVs’ of VARD 4 39 design…

Noble Corporation Hooks $40M Contract for Noble Resolve Jack-Up

May 10, 2024

Offshore drilling contractor Noble Corporation has secured a new contract for the jack-up Noble Resolve with an undisclosed operator, offshore Spain.The campaign will consist of plug and abandon work on 13 wells and is expected to start in the second quarter 2025 and last approximately 170 days…

Over 150 Specialist Subsea Jobs Up for Grabs at Rovco and Vaarst

May 10, 2024

UK-based tech-powered offshore wind solutions provider Rovco and its robotic spin-off company Vaarst have unveiled plans to recruit over 150 specialist subsea roles across by the end of 2025.Rovco said it will recruit over 100 new roles across its Aberdeen and Edinburgh offices…

INPEX and JERA Team Up to Asses Australia-Japan CCS Value Chain

May 10, 2024

Japanese energy companies JERA and INPEX have signed an agreement to undertake a preliminary joint study on the feasibility of establishing a carbon capture and storage (CCS) scheme to transport CO2 emitted in Japan for storage in Australia…

Current News

New Partnership Sets Sights on Offshore Wind Market in India and Asia-Pacific

SeaBird Exploration Wins OBN Source Work for Its Eagle Explorer

Havfram to Install Wind Turbines at Iberdrola’s Windanker Project

PGS Streamlines Seismic Data Interpretation Services

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