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Lucas Cribley Named CEO of C-Innovation

Aug 31, 2026

C-Innovation (C-I), a provider of subsea services and an affiliate of Edison Chouest Offshore, announced the promotion of Lucas Cribley to Chief Executive Officer.In his new role, Cribley will lead C-I’s overall strategy and operations as the…

Borkum Riffgrund 3 Enters Commercial Operation

Aug 31, 2026

Ørsted and Nuveen Infrastructure’s German offshore wind farm Borkum Riffgrund 3 has been commissioned and is now in commercial operation. With an installed capacity of 913MW, the project is one of Germany’s largest offshore wind farms currently in operation…

California Sues Trump Administration Over Offshore Wind Cancelation

Aug 31, 2026

California on Friday sued the Trump administration and an offshore wind developer over a deal that canceled a planned project off the state's Central Coast in exchange for a $120 million federal reimbursement and a commitment to invest in fossil fuel projects…

Eni Expands Presence in Uruguay

Aug 31, 2026

Eni has, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, signed an official agreement for the entry in the OFF-5 exploration block offshore Uruguay, following approval by the Uruguayan authorities…

Watch: Pioneering Spirit Delivers Topsides to Shetland

Aug 31, 2026

Ten years after completing its first commercial single-lift operation, Pioneering Spirit has safely removed and delivered TAQA UK's North Cormorant topsides to Shetland for dismantling and recycling.Weighing more than 17,000 tonnes, the former…

Floatel Triumph Lined Up for Brazil MSU Work

Aug 28, 2026

Floatel International has secured a letter of intent for its Floatel Triumph semi-submersible unit to provide Maintenance and Safety Unit (MSU) services offshore Brazil for four to eight months.The assignment is scheduled to start in the first quarter of 2027…

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Aug 28, 2026

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) subsidiaries and Petronas Carigali's PC JDA have signed a 35-year production sharing contract for Block A-18-01 in the Malaysia-Thailand Joint Development Area, allowing the partners to continue petroleum exploration…

PMS Completes Subsea Pipeline Installation at Egypt’s Kamose Gas Field

Aug 28, 2026

Petroleum Marine Services (PMS) has completed the installation of three subsea pipelines for the fourth phase of the Kamose offshore gas field development in Egypt, clearing the way for the installation of three new production platforms.The project…

GHL Seeks to Settle Dolphin Drilling Dispute with Cash, Nigeria Rig Work

Aug 28, 2026

General Hydrocarbons Limited (GHL) has approached Dolphin Drilling with a non-binding proposal combining a potential deployment of the Blackford Dolphin rig in Nigeria with a cash settlement of a portion of an approximately $105 million arbitration award…

Windey Energy Approves Expanded 300MW Offshore Wind Project in China

Aug 28, 2026

Windey Energy Technology Group has approved investment in the 300 MW Cangnan No. 6 offshore wind project in China's Zhejiang Province, with total investment set at $457 million (3.07 billion yuan).The project's approved capacity has been increased…

Hormuz Crisis Accelerates Gulf Pipeline and Port Expansion

Aug 28, 2026

The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play book, ploughing capital into infrastructure, from energy pipelines to ports, to weather the fallout from the conflict.The war has highlighted the Gulf's overreliance on the Strait of Hormuz…

Jan De Nul Enters CCS Market with North Sea Project

Aug 28, 2026

Belgian marine contractor Jan De Nul will install rock protection for a North Sea CO2 pipeline as a subcontractor to Saipem, marking its first involvement in a carbon capture and storage project.The work forms part of the Northern Endurance Partnership's CO2 transportation and storage network…

Energean Enters Exclusive Talks for BP's Egypt Oil and Gas Assets

Aug 28, 2026

Gas producer Energean is in exclusive talks to buy some of BP's upstream oil and gas assets in Egypt, two people involved in the process told Reuters.The deal, which could raise about $1 billion for BP, includes its stakes in the producing offshore West Nile Delta assets…

Iran Outlines Terms for Restoring Hormuz Shipping

Aug 28, 2026

Iran is preparing a list of conditions for reopening the Strait of Hormuz after mediators asked Tehran to set them out, said Mohsen Rezaei, secretary of Iran's Supreme National Security Council, adding that ending the regional war was among them…

Omega Subsea Sets Up New Operation Base in Western Norway

Aug 27, 2026

Subsea services and ROV technology provider Omega Subsea has entered into a long-term agreement to establish operations at Hilleren Navy Supply Park in Mathopen, adjacent to Haakonsvern in Western Norway.The company will become a strategic subsea partner and a key tenant at the site…

Current News

Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

Strohm’s TCP Completes Qualification for Brazil’s Deepwater Pilot

ONGC Strikes Gas in Deepwater Well off India

PTTEP, Valeura Greenlight Bussabong Gas Development off Thailand

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