Industry News


ADES Nets $63M Contract for Compact Driller Jack-Up off Brunei

Dec 01, 2025

ADES Holding has secured a two-year contract through its subsidiary Shelf Drilling for the Compact Driller standard jack-up with Brunei Shell Petroleum, a joint venture between the Brunei government and Shell.The Compact Driller deal mars ADES…

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

Dec 01, 2025

Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner…

Shell Seeks New Well Approvals to Lift Oil and Gas Output in Italy

Dec 01, 2025

Shell is ready to invest more in Italy to boost hydrocarbon production, the head of the energy group's Italian unit said on Wednesday, urging the government to allow new drilling.Shell currently spends some 500 million euros ($578 million) a year in Italy…

UK Court Dismisses Oil License Challenge

Dec 01, 2025

Britain's decision to issue more than two dozen oil and gas exploration licences was lawful, London's High Court ruled on Friday, dismissing a challenge by campaigners who said the government failed to consider the impact on climate change.Marine…

Aker Solutions Awarded Eldfisk Contract Extension

Nov 30, 2025

Aker Solutions has signed a six-year contract extension with ConocoPhillips Skandinavia for brownfield maintenance and modification (M&M) services on the Eldfisk and Ekofisk fields offshore Norway.The new contract period starts in January 2027…

Orsted, ESB Win 900 MW Offshore Wind Tender in Ireland

Nov 26, 2025

Ireland has awarded rights to develop a 900 megawatt (MW) offshore wind farm to a joint venture between Denmark's Orsted and Irish utility ESB, Orsted said on Wednesday.The Tonn Nua project was awarded with a 20-year contract-for-difference (CfD) secured at a strike price of 98…

Britain Eases Opposition to New Oil, Gas Permits

Nov 26, 2025

Britain will allow some new oil and gas production on or near existing fields, the government said on Wednesday, easing its stance on new licences while dashing oil and gas producers' hopes for an early end to windfall taxes on their sector…

Damen, Windcat Introduce New Class of Offshore Support Vessels

Nov 26, 2025

On November 25, 2025, at the Offshore Energy Conference in Amsterdam, Windcat signed a contract with Damen Shipyards Group for a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with the option of five additional vessels of this type…

Solstad Offshore Awarded Contract for AHTS Normand Topazio

Nov 26, 2025

Solstad Offshore ASA (SOFF) has announced that the company has been awarded a new contract by PETROBRAS for the anchor handling tug supply vessel (AHTS) Normand Topazio.The contract has a duration of 4 years firm and is scheduled to commence in 1Q 2026…

Vantage Drilling Reports Q3 2025 Results

Nov 26, 2025

Vantage Drilling International Ltd. reported a net income attributable to shareholders of approximately $67.2 million or $4.97 per diluted share for the three months ended September 30, 2025, based on the weighted average shares outstanding…

Lebanon and Cyprus Clear Path for Gas Exploration with Maritime Border Deal

Nov 26, 2025

Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President…

Windcat Orders Next-Gen Multi-Purpose Offshore Support Vessel

Nov 26, 2025

Windcat, part of CMB.TECH, has signed a contract with Damen Shipyards to build a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with options for five additional units.To be known as the Innovation Series, the new class of offshore support vessels will combine a large open deck…

First Turbine Up and Running at 960MW German Offshore Wind Farm

Nov 26, 2025

The first wind turbine on EnBW’s He Dreiht offshore wind farm, the largest offshore wind farm in Germany, has generated the first kilowatt-hour of electricity and fed it into the grid.EnBW has so far built 27 out of a total of 64 wind turbines…

UK North Sea Decommissioning Set for Sharp Rise Through 2034

Nov 26, 2025

Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage rising costs and workloads, according to the latest report from Offshore Energies UK (OEUK)…

Woodside Enlists ABL for Global Operations Support

Nov 26, 2025

Energy and marine consultancy ABL has secured a global agreement with Woodside Energy to support the operator’s offshore energy construction and operations worldwide, including in Australia and the US.As part of a Global Client Relationship Agreement (GCRA)…

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