Aquaterra Energy, a leader in offshore engineering solutions, has secured multiple offshore analysis contracts with INPEX Masela, a subsidiary of INPEX Corporation, to support the upcoming subsea drilling campaigns offshore Indonesia.Under the contract…
The Norwegian Offshore Directorate (NOD) has granted Equinor two drilling permits for wildcat wells in the North Sea.The first permit is for wellbore 34/4-19 S in production license 057, operated by Equinor with 31% working interest.Other partners in the license include Petoro 30%…
The Trump administration has asked a federal judge to withdraw the Interior Department's 2024 approval of a wind farm off the coast of Maryland, according to court documents filed on Friday.The action is the latest in a series of moves the administration…
French tubular solutions supplier Vallourec has secured a major contract by Petrobras for the supply of Oil Country Tubular Goods (OCTG) products and services for its offshore operations from 2026 to 2029.The long-term agreement could generate total revenue of up to $1 billion…
Huisman has been awarded a contract from Hanwha Ocean for the design and construction of a 2,600 mt Leg Encircling Crane (LEC).The contract award follows the orders for two identical 2,600 mt Leg Encircling Cranes, destined for the wind turbine…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6507/8-12 S in production license 124 B, operated by Equinor with 25.69% working interestOther partners in the license include Petoro with 36…
Eoliennes en Mer Dieppe Le Tréport (EMDT), a joint venture Ocean Winds, Sumitomo Corporation, and Banque des Territoires, has installed the first wind turbine foundation for the 496 MW offshore wind farm, being built in Normandy.The 496 MW offshore wind farm is located 17 km off Dieppe and 15…
UAE-based offshore drilling contractor Vantage Drilling has signed the contract for its ultra-deepwater drillship Platinum Explorer.Operations with an undisclosed client for the approximately 260-day campaign, inclusive of mobilization and demobilization time…
Halliburton has launched the Turing electro-hydraulic control system, the next generation of SmartWell intelligent completions technology, designed to improve reservoir recovery and reduce well count.The Turing electro-hydraulic control system…
BW Energy has completed a $365 million project finance facility to fund the refurbishment and redeployment of the Maromba floating production, storage and offloading vessel (FPSO) to Brazil’s Maromba field.The loan, backed by China Export & Credit Insurance Corporation (Sinosure)…
Ocean Winds (OW), an offshore wind joint venture between EDP Renewables and ENGIE, has completed the installation of the third and final turbine for its Éoliennes Flottantes du Golfe du Lion (EFGL) floating wind project.Developed in partnership with Banque des Territoires…
Norwegian oil and gas firm Vår Energi has completed the drilling of second well at the Balder field in the North Sea using COSL Drilling Europe’s COSL Pioneer semi-submersible drilling rig.COSLPioneer delivered the second well, BT-4, at the Balder field for Vår Energi…
Saudi oil and gas drilling contractor ADES Holding has signed a multi-year contract extension for its jack-up rig Aquamarine Driller with QatarEnergy.The estimated value of the contracts is $215 million, including the firm and optional extensions…
Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a contract for the Borgland Dolphin semi-submersible drilling rig.The potential contract would be expected to have a value of approximately $58 million.The scheduled start would take place in the second half of 2026…
Offshore drilling contractor Transocean has announced plans to dispose of four drillships and one semi-submersible drilling rig as part of its fleet optimization efforts.On August 27, 2025, Transocean announced it intends to dispose of, by sale to a third party for recycling or alternative use…