Job Cuts News


MDL Secures Cable Laying Job in Asia Pacific

Sep 23, 2025

Maritime Developments (MDL) has secured a subsea installation project in the Asia-Pacific region, covering the lay of two cables and two umbilicals.The work will be done in water depths between 800 and 1,200 meters.For the 60-day campaign, scheduled to mobilize from Singapore in 2026…

Shearwater Gets Seismic Job for Indian Oil Firm

Sep 22, 2025

Shearwater Geoservices has secured a seven-month streamer contract by Oil India, starting in the fourth quarter of 2025.The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet.The project covers the Mahanadi and…

Fugro Scraps 2025 Outlook, Announces Job Cuts

Sep 22, 2025

Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…

Canada Readies for Offshore Wind

Sep 21, 2025

Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project…

U.S. O&G Rig Count Rises Again

Sep 19, 2025

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output…

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Sep 19, 2025

Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…

CNOOC Offshore Workers in UK Get Pay Bump

Sep 18, 2025

Around 130 workers have overwhelmingly backed a pay deal with offshore operator China National Offshore Oil Corporation (CNOOC) negotiated by Unite, U.K.-based workers' union.The basic pay increase is worth 5.5% with further improvements to allowances worth an additional seven per cent…

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Sep 18, 2025

The high-specification ultra-deepwater drillship Tidal Action, owned by Hanwha Ocean, has started its maiden contract with Petrobras at Roncador field, offshore Brazil.The Tidal Action arrived in the Guanabara Bay in Rio de Janeiro on July 7…

UK's Port of Tyne Unveils $200M Upgrade Plan to Back Offshore Wind

Sep 16, 2025

The Port of Tyne has unveiled plans to invest around $200 million to redevelop 230 acres into the Tyne Clean Energy Park, adding 400 meters of deep-water quayside to support offshore renewables, clean energy and advanced manufacturing.The project could create up to 12…

Perenco Launches Reactivation Program for Two Mothballed Capos Basin Fields

Sep 16, 2025

Perenco has started active field reactivation program for the Cherne and Bagre fields in Campos Basin, acquired from Petrobras earlier in 2025, helping meet the industry’s mature field challenges and unlocking in excess of 50 mmstb of reserves…

Woodside Marks Construction Milestone at $17.5B Louisiana LNG Scheme

Sep 16, 2025

Australian oil and gas firm Woodside Energy has marked rapid progress on its $17.5 billion Louisiana LNG project, with construction on the first of three liquefaction trains already more than 22% complete since the final investment decision in April…

Hellenic Cables Gets Subsea Interconnection Job in Greece

Sep 12, 2025

Hellenic Cables, the cables segment of Cenergy Holdings, has signed a turnkey contract with the Independent Power Transmission Operator (IPTO) for the design, supply, and installation of a 150kV composite cable system interconnecting Igoumenitsa and Corfu in Greece…

Australia Clears North West Shelf LNG Plant Operations Until 2070

Sep 12, 2025

Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 'strict' new rules in a bid to limit its environmental impact.The decision to extend…

DOF Secures Moorings Hook-Up Job in Asia Pacific

Sep 11, 2025

Norwegian offshore supply vessel owner DOF Group has secured a contract award for moorings hook-up services in the Asia Pacific (APAC) region.The contract will use construction support vessel (CSV) Skandi Hercules with related mooring and subsea installation services…

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

Jumbo Scoops Two Offshore Wind Contracts

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

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