Industry News


Vard Secures Seismic Vessel Conversion Job

Aug 25, 2025

Norwegian shipbuilder Vard has signed a contract with Norway-based Sanco Shipping for the conversion of the seismic research vessel Sanco Sailor into a seismic source vessel.Sanco Shipping contracted PGS Apollo, now renamed Sanco Sailor, earlier in 2025…

Shelf Drilling’s Jack-Up Rig Extends Stay with Chevron off West Africa

Aug 25, 2025

Offshore drilling firm Shelf Drilling has secured a contract extension for the Shelf Drilling Tenacious jack-up rig with Chevron’s subsidiary Cabinda Gulf Oil Company (CABGOC) for drilling operations offshore West Africa.The extension will begin in direct continuation of the rig’s current contract…

Australia’s Novocastrian Offshore Wind Project Stalled

Aug 24, 2025

Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…

US Halts Revolution Wind Project

Aug 24, 2025

The Trump administration on Friday ordered Denmark's Orsted to stop far-advanced construction on an offshore wind project near Rhode Island, in a move that threatens to exacerbate the company's financial troubles.With construction now frozen at 80% completion…

CNOOC Completes New Refinery and Petrochemical Complex in East China

Aug 22, 2025

China National Offshore Oil Corp (CNOOC) has completed building an integrated refining and petrochemical complex in eastern China, state news agency Xinhua reported on Friday.The 21 billion yuan ($2.9 billion) project, built on the Daxie Island of eastern coastal city Ningbo…

Cadeler Inks Turbine Installation Deal for Taiwan's Offshore Wind Farm

Aug 22, 2025

Cadeler announced that it has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4 Offshore Wind Farm in Taiwan. The project will be…

ACUA Ocean Hydrogen-Powered USV Completes 24-Hour Sea Trial

Aug 22, 2025

ACUA Ocean's hydrogen-powered unmanned surface vessel (USV) PIONEER has successfully completed the world's first continuous, remote 24-hour offshore operation on zero emissions, marking a breakthrough in the decarbonization of the global maritime sector…

Woodside Wins Court Approval for Scarborough Energy Project

Aug 22, 2025

Woodside has welcomed the Australian Federal Court's decision confirming the validity of the National Offshore Petroleum Safety and Environmental Management Authority’s acceptance of the Scarborough Offshore Facility and Trunkline (Operations) Environment Plan…

US Opens National Security Investigation into the Import of Wind Turbines

Aug 21, 2025

The U.S. Commerce Department said on Thursday it has opened a national security investigation into the import of wind turbines and components.Earlier this week, the department said it was adding wind turbines to a list of products that will face 50% tariffs on the aluminum and steel content…

Asia to Take More US LNG ... but is it Enough to Placate Trump?

Aug 21, 2025

There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2…

Tampnet Secures Contract for Communications Stack

Aug 21, 2025

Tampnet, a global leader in offshore connectivity, has secured a five-year contract with Island Drilling AS to supply a complete, next-generation communications stack for the harsh-environment semi-submersible Island Innovator. The service includes…

DOF Group ASA Advances Contract in Brazil, Wins One New

Aug 21, 2025

DOF Group ASA has announced an addendum to its long-term inspection contract (PIDF) with Petrobras in Brazil.  The addendum comprises additional scope of work, which is expected to be concluded by the end of 2025. Stril Explorer, Geoholm and Skandi Carla are currently operating on this contract…

DOF Group ASA Shares Financial Report for Q2 2025

Aug 20, 2025

DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million). The operating profit (EBIT) is USD 150 million (USD 111 million). Net financial gain…

ANP to Offer Seven Blocks for Auction Offshore Brazil

Aug 20, 2025

Brazilian oil regulator ANP will offer seven blocks in an upcoming auction for areas to explore in the country's offshore pre-salt region, set to happen on October 22, it said in a statement on Wednesday.Bidding will be opened for Jaspe, Citrino…

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

Aug 20, 2025

Kabal, a provider of logistics software for the energy industry, announced a new contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a step in Kabal’s expansion in Southeast Asia…

Current News

MISC, PTSC Extend Ruby II FPSO Operations Offshore Vietnam

Equinor Finds Oil and Gas in North Sea off Norway

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Turkish Drill Ship Heads to Somalia for First Overseas Mission

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