Nexon Petroleum Offshore News


MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

Jan 30, 2026

MODEC has signed a statement of strategic intent with Eld Energy and Delta Electronics to collaborate on the development of a solid oxide fuel cell power generation system for offshore and maritime applications, including floating production…

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Jan 30, 2026

Conrad Asia Energy and its subsidiary West Natuna Exploration have signed a binding term sheet with Empyrean Energy to settle historical cash call arrears related to the Duyung Production Sharing Contract in Indonesian waters.The agreement outlines…

Seaway7 Secures Offshore Wind Work in Germany

Jan 30, 2026

Seaway7, part of Subsea7, has secured a substantial contract by OWP Gennaker, part of Skyborn Renewables, for the Gennaker offshore wind farm in Germany.Seaway7's scope of work includes the transportation and installation of the 63 monopiles and transition pieces…

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Jan 30, 2026

Offshore drilling contractor Northern Offshore has secured a contract for its Energy Emerger jack-up rig for a drilling operation at Yumna field, offshore Oman.Rex International’s indirect subsidiary Masirah Oil announced that its parent company…

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Jan 30, 2026

Malaysia's state energy firm Petronas said on Thursday it will ramp up exploration and production over the next three years to strengthen domestic energy security.Petronas said it aims to maintain domestic output at close to two million barrels of oil equivalent per day between 2026 and 2028…

Formosa 4 Offshore Wind Substation Enters Fabrication Phase

Jan 29, 2026

The consortium of Semco Maritime and PTSC Mechanical & Construction has started fabrication work on the Formosa 4 offshore substation, marking a key construction milestone for the 495 MW offshore wind project off the coast of Taiwan.The partners…

Mozambique and TotalEnergies Restart Stalled $20B LNG Project

Jan 29, 2026

Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly five years after it was put on hold following a deadly attack by Islamist militants…

Worley Nets Equinor’s Framework Deal for Norway Offshore Assets

Jan 29, 2026

Worley has been selected by Equinor to enter into a framework agreement to provide offshore support services for selected oil and gas facilities on the Norwegian Continental Shelf.The framework agreement is expected to cover offshore maintenance…

Cadeler Lines Up Offshore Wind Foundation Installation Job

Jan 28, 2026

Offshore wind installation contractor Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation (T&I) of monopiles and transition pieces at a large offshore wind farm in European waters…

50Hertz, Skyborn Ink Deal for Gennaker Offshore Converter Platforms

Jan 28, 2026

German transmission system operator 50Hertz and offshore wind developer Skyborn Renewables have signed a platform cooperation agreement that clears the way for the commissioning of the Gennaker offshore wind farm in the German Baltic Sea.The…

OKEA Discovers More Petroleum at Brage Field in North Sea

Jan 28, 2026

Norwegian oil and gas firm OKEA and its partners have discovered petroleum in the North Sea, off Norway.The well was drilled from the Brage installation, and the discovery was made in connection with drilling a development well for oil (31/4-A-15 D) in the Knockando Fensfjord prospect…

Massachusetts Offshore Wind Project to Resume Construction

Jan 28, 2026

A federal judge on Tuesday allowed Vineyard Wind to resume work on its Massachusetts offshore wind project, which President Donald Trump's administration halted along with four other projects last month.The ruling by U.S. District Judge Brian…

Victoria’s First Offshore Wind Auction Slated for August

Jan 27, 2026

The Australian Government is progressing the state of Victoria’s offshore wind industry with Minister for Energy and Resources Lily D’Ambrosio announcing the Request for Tender (RFP) for Victoria’s first offshore wind industry auction which…

Golden Energy Sells Two Offshore Support Vessels

Jan 27, 2026

Norwegian vessel owner and operator Golden Energy Offshore Services has signed binding agreements to sell two offshore support vessels for a combined gross price of about $57.25 million, completing a previously announced plan to divest vessels in the near term…

Chevron-Led Joint Venture Discovers Hydrocarbons Offshore Nigeria

Jan 27, 2026

A joint venture between Nigeria’s state oil company Nigerian National Petroleum Company (NNPC) and Chevron Nigeria Limited (CNL) has confirmed hydrocarbons across multiple reservoir zones following the drilling of the Awodi-07 appraisal and…

Current News

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