Industry News


Newbuild USV Challenger Getting Ready for Remote-Controlled Subsea Work

May 08, 2025

Ocean services provider DeepOcean, with its joint venture partners Solstad Offshore and Østensjø Rederi, has taken delivery of a newbuild uncrewed surface vessel (USV), which will be used for subsea survey, inspection, maintenance and repair (IMR) work across offshore energy industries…

SBM Offshore Gets ABS Approval for NearZero FPSO Design

May 08, 2025

American Bureau of Shipping (ABS) has issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.The NearZero FPSO design incorporates low carbon technologies that collectively…

OMV Petrom Signs Deal to Deliver Gas from Neptun Deep to Moldova

May 08, 2025

Oil and gas company OMV Petrom has signed the commercial contract with the Republic of Moldova for the delivery of gas from Neptun Deep field in the Black Sea.The signed contract provides for the supply of natural gas for three years to the virtual trading point (VTP) in Romania…

Harbour Energy Plans 25% Workforce Cut in UK

May 07, 2025

Oil and gas producer Harbour Energy is set to cut 250 jobs, approximately 25% of the workforce at its UK unit based in Aberdeen, the company said in a statement on Wednesday.Harbour, the largest British North Sea oil and gas producer, said the…

North Star Takes Delivery of its First CSOV (Video)

May 07, 2025

North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year…

Dolphin Drilling’s Semi-Sub Rig Readies for P&A Ops at North Sea Field

May 07, 2025

Offshore drilling contractor Dolphin Drilling has moved its 1990-built semi-submersible rig to Caledonia field in the North Sea ahead of upcoming permanent plug and abandonment (P&A) operation.The rig, Paul B. Loyd Jr., has completed operations at Harbour Energy's Brodgar well…

Glamox Unveils Wildlife-Friendly Marine Lights

May 07, 2025

Lighting solutions specialist Glamox has launched new wildlife and turtle-friendly versions of some of its most popular LED marine luminaires.The new amber-coloured lights, for use on the exterior of vessels and onshore coastal facilities, are…

EMGS Diversifies Business with Siem Day Subsea Construction Vessel Buy

May 07, 2025

Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day offshore subsea construction vessel (OSCV)…

DOF Develops Cable Repair Spread for Offshore Wind Services

May 07, 2025

Offshore services provider DOF has announced an investment in a modular cable repair spread designed to expedite offshore wind operators’ response to cable faults.Engineered for compatibility across DOF’s fleet of 65 vessels, the system offers an industry-first combination of fleet-wide flexibility…

Ørsted Discontinues 2.4GW Hornsea 4 Offshore Wind Farm in UK

May 07, 2025

Ørsted has decided to discontinue the Hornsea 4 project in the U.K. in its current form, citing adverse developments like increase in supply chain costs, higher interest rates, and an increase in the risk to construct and operate the project on the planned timeline…

Norway Set to Restart Frontier Oil and Gas Exploration Licensing

May 07, 2025

The Norwegian parliament on Tuesday ordered the Labour minority government to launch a new frontier areas oil and gas exploration licensing round, setting the stage for increased oil drilling.Norway became Europe's largest supplier of natural gas following Russia's invasion of Ukraine in 2022…

Shell and Google Enter PPA to Extend Life of First Dutch Offshore Wind Farm

May 06, 2025

Shell and Google have signed a power purchase agreement (PPA) for the electricity produced at 108 MW NoordzeeWind project, extending the lifespan of Netherland’s first offshore wind farm.The agreement will extend the lifespan of the NoordzeWind…

Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans

May 06, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa…

Democratic-Led Coalition Sues Trump for Halting Offshore Wind Projects

May 06, 2025

A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy…

Sentinel Subsea Completes Well Monitoring Job in North Sea

May 06, 2025

Sentinel Subsea has completed the project for North Sea oil and gas operator, which involved the deployment of two WellSentinel Coral systems for well integrity monitoring operation.The project supported a large-scale drilling operation, with…

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