Industry News


Petrobras Targets Africa as Its Main Exploration Area Outside Brazil

Jun 06, 2025

Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's strategy.Ivory Coast has extended the 'red carpet' for Petrobras…

Vattenfall Names New Head of Wind Business

Jun 05, 2025

Vattenfall has appointed Catrin Jung as the new Head of Business Area (BA) Wind, which encompasses the company’s offshore and onshore wind operations, as well as large-scale solar and battery projects.Currently leading the Offshore Wind business…

Equinor and Centrica Ink $27B Long-Term Gas Sales Agreement for UK

Jun 05, 2025

Equinor and Centrica have signed long-term gas sales agreement of 55 TWh of natural gas per year, or around 5 billion cubic meters – bcm, for a period of 10 years, to be delivered to U.K.Starting October 1, 2025 at terms reflecting market prices…

Dutch Firm Orders New Multi-Purpose Vessel for Subsea and Renewables Work

Jun 05, 2025

Van Wijngaarden Marine Services has signed a Letter of Intent (LOI) with Kooiman Marine Group for the design and construction of a next-generation DP2 multi-purpose vessel (MPV).The 4716 MPV will incorporate the latest in IMO Tier III emissions and ULEV (Ultra Low Emission Vessel) compliance…

GHD Tackles Offshore Wind Noise Impacts with New Modelling Kit

Jun 05, 2025

Engineering specialist GHD has unveiled a new subsea noise modelling program designed to mitigate the environmental impacts of offshore wind farms.GHD's solution, the RAT (R Acoustics Toolbox), has been developed to address challenges related to underwater noise by providing a bespoke…

Allseas Takes Aim at Nuclear Power for Energy-Intensive Vessels

Jun 05, 2025

Dutch offshore contractor Allseas has launched a five-year plan to design, develop and deploy a Small modular reactor (SMR) tailored for integration into offshore vessels and for onshore use.Building on 40 years of engineering expertise in the offshore energy industry…

OWC, Empire Engineering Secure Work on Scottish Offshore Wind Farms

Jun 05, 2025

OWC and Empire Engineering have been selected to provide owner’s engineering services at the Ayre and Bowdun offshore wind farms, supporting Thistle Wind Partners (TWP), a consortium composed of DEME, Qair and Aspiravi, from concept selection through to further design phases…

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Jun 05, 2025

MODEC and Carbon Clean Solutions have signed a memorandum of understanding (MoU) to continue the development and eventual deployment of floating production, storage and offloading (FPSO)-based offshore post-combustion carbon capture technologies…

Petrobras Moves Ahead with Oil Exploration Plans off Ivory Coast

Jun 05, 2025

Brazilian oil firm Petrobras has submitted a declaration of interest for exploratory blocks on the offshore areas of the Ivory Coast in West Africa.The Ivory Coast government, through its Council of Ministers, approved Petrobras' declaration of interest for nine blocks…

Transocean Scoops $100M for Two-Well Drilling Job for Equinor

Jun 05, 2025

Transocean has secured $100 million from two-well option exercised by Equinor for one of its harsh environment semi-submersible drilling rigs.Equinor has decided to extend Transocean Spitsbergen semi-submersible rig’s stay in Norway, with the latest option exercised by the company…

SBM Offshore Exits Equatorial Guinea with Aseng FPSO Divestment

Jun 05, 2025

SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the Aseng floating production, storage and offloading (FPSO) unit to GEPetrol.SBM Offshore’s exit from Equatorial…

Have you heard the news? VideoRay Is Now Part of AV!

Jun 04, 2025

For more than two decades, VideoRay has been known for building compact, capable ROV systems trusted across industries. Now, with AV behind us, we’re expanding that legacy—bringing more innovation, investment, and support to customers around the world…

RWE and NBIM Complete Offshore Wind Transaction

Jun 04, 2025

RWE and Norges Bank Investment Management (NBIM) have closed the transaction, where NBIM acquired 49% equity stake in RWE’s 1.6 GW Nordseecluster and 1.1 GW Thor offshore wind projects.As part of the transaction, first announced in March and valued at approximately $1…

TotalEnergies and Shell Exchange Lipa and Gato do Mato Stakes

Jun 04, 2025

TotalEnergies has signed an agreement with Shell Brasil Petróleo to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field.Through the agreement TotalEnergies…

Solstad AHTS Vessels Get Clearance for Work Offshore Brazil

Jun 04, 2025

Norwegian offshore vessel operator Solstad Offshore has informed that its two Anchor Handling Tug Supply (AHTS) vessels, hired by Petrobras, have received approvals for work offshore Brazil.Solstad Offshore announced in April that its two AHTS…

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