Job Cuts News


Turkey Discovers New Black Sea Gas Reserve

May 19, 2025

Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on Saturday.'With this discovery, we will meet the natural gas needs of homes in Turkey for 3…

Industry Leaders Set to Discuss Future of US Offshore CCS Market

May 16, 2025

National Ocean Industries Association (NOIA) and the Offshore Operators Committee (OOC) are organizing fourth annual Offshore CCS & Emerging Technologies Symposium, where industry leaders will gather to discuss the future of U.S. carbon capture and storage (CCS) projects…

Strategic Move Brings Decom Engineering's Base to Aberdeen

May 16, 2025

Northern Ireland firm Decom Engineering has relocated its head office to Aberdeen to be closer to key clients and for easier access to the skills market.The specialist cutting technology provider supports the oil, gas, renewables and infrastructure…

Topside for Hollandse Kust (west Beta) Substation Set to Sail to Final Location

May 15, 2025

Two weeks after the successful load out, the steel topside for the Hollandse Kust (west Beta) substation platform is ready to leave the port of Hoboken near Antwerp in the Netherlands for its final North Sea destination.The topside is schedule to leave the Dutch port on May 17…

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

May 14, 2025

LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores…

Green Marine Poised for Growth Alongside Potential UK Marine Energy Surge

May 13, 2025

Green Marine UK is poised for growth as one of the most experienced players in the UK’s rapidly expanding marine energy sector, as studies underscore the potential of wave and tidal technologies.With a track record delivering complex marine operations…

Seatools Gets Fengmiao 1 Offshore Wind Job from CDWE

May 13, 2025

Seatools, a subsea technology company, has secured a contract by CSBC-DEME Wind Engineering (CDWE) for the design, engineering, and delivery of the metrology and control system for the Pre-Piling Template (PPT) at the Fengmiao 1 Offshore Wind Farm in Taiwan…

Seatrium, Höegh Evi Agree LNG Tanker Conversion Job into FSRU Bound for Egypt

May 13, 2025

Singapore-based Seatrium has secured a Floating Storage Regasification Unit (FSRU) conversion contract from Höegh Evi, formerly known as Höegh LNG, for the liquefied natural gas (LNG) carrier Hoegh Gandria.The contract covers the conversion and longevity of LNG carrier…

TWMA Hooks ‘Major Contract’ with BP in North Sea

May 12, 2025

Drilling waste management specialist TWMA has secured a contract with BP to provide drilling waste management services in the U.K. North Sea.The three-year agreement, which includes options for renewal, started in October 2024.The scope of work will utilize TWMA’s cutting-edge technologies…

Crown Estate Gives Consent for Capacity Expansion at UK Offshore Wind Sites

May 09, 2025

King Charles III's Crown Estate, which owns Britain's seabed, has given the go-ahead to expand high-density wind farms on current seabed leases, seeking a rapid and space-efficient way to raise capacity and support the country's energy transition…

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…

Petrobras Seeks Foreign Partnerships with Brazilian Shipyards

May 06, 2025

Brazil's Petrobras is looking to attract foreign investments to boost local shipyards, said the state-run oil firm's CEO Magda Chambriard on Tuesday.Petrobras is looking for strong companies to partner with shipyards to build more ships locally…

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…

Solstad’s AHTS Vessel Set for Petrobras Job

May 06, 2025

Norwegian offshore vessel owner Solstad Offshore has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, subject to board approval, is scheduled to begin in February 2026…

Valaris Lines Up Five-Well Drilling Job off West Africa for High-Spec Drillship

May 05, 2025

Offshore drilling contractor Valaris has secured a $135 million contract for its Valaris DS-15 drillship, which will be put to work offshore West Africa.The five-well contract with an undisclosed client is expected to start in the third quarter 2026…

Current News

Norwegian Firm Gets Electricity License for South Korean Offshore Wind Project

EnerMech Nets Long-Term Servicing Contract for Triton FPSO

TotalEnergies to Keep West of Shetland Offshore Assets as Prax Files for Liquidation

Brazil Plans Additional Offshore Oil Auction for 2025

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