Techouse has secured a contract from Black & Veatch to supply heat recovery steam generation (HRSG) modules for Golar LNG's fourth floating liquefied natural gas (FLNG) project, with the system expected to reduce fuel consumption by 20-25% compared with conventional gas turbine-only systems…
Abu Dhabi-based industrial AI company AIQ and US maritime intelligence firm Quartermaster have signed a strategic collaboration agreement to explore AI-enabled maritime safety and security solutions for offshore energy operations.The agreement…
Oil prices fell on Tuesday, extending losses from the previous session after US President Donald Trump downplayed the need for additional military action against Iran 'at this point,' easing fears of sustained supply disruptions from the Middle East…
ExxonMobil said on Monday it signed a memorandum of understanding with Venezuelan state oil company PDVSA to assess upstream oil opportunities, marking a potential return to the country nearly two decades after its assets were expropriated.The…
DOF Group has secured a contract extension for its anchor handling tug supply (AHTS) vessel Skandi Mariner, keeping the vessel under firm contract until the third quarter of 2028.The extension follows the declaration of an option under the vessel's existing contract…
Heerema Marine Contractors has extended its global framework agreement with Fugro for another four years, securing continued survey and positioning support for its heavy-lift vessel fleet across offshore installation, decommissioning and wind projects…
MEYER WERFT is establishing the organizational and legal framework for the successful development of its offshore converter business. To this end, all activities in this new business segment of the Group will be consolidated in the coming weeks into a separate company…
CM Energy is progressing work on an integrated cable-handling and marine equipment package for a new Asso.subsea vessel, expanding its involvement in the European offshore wind market.The contract covers specialist cable-handling equipment and associated marine systems for the vessel…
Subsea7 has agreed to sell its Seaway7 heavy transportation business, comprising six semi-submersible vessels, to HEA Energy in a transaction linked to its proposed merger with Saipem.The sale covers six open-deck semi-submersible heavy transportation vessels…
Often overshadowed by the towering jackup and ultra-deepwater floating rig fleets that dominate offshore headlines, tender-assist rigs are enjoying a resurgence in Southeast Asia. While they represent a relatively small niche of the global offshore drilling market…
Vard has started construction of the UPO Atlantic commissioning service operation vessel (CSOV) for U-Ming Purus Offshore (UPO), following a steel-cutting ceremony at its Vard Vung Tau shipyard in Vietnam.The ceremony, held on November 2, marked the first construction milestone for the vessel…
The tribunal of Brazil's antitrust agency (CADE) has approved the merger of Italian oilfield services company Saipem and Norway's Subsea7, Saipem said on Wednesday.Brazil's green light is an important step towards the completion of the deal…
BOURBON has taken delivery of the first of two new 34-meter crew boats from Grandweld Shipyards in Dubai, expanding its fleet of offshore personnel transport vessels.The first vessel was officially delivered on November 3 following successful sea trials…
Cadeler has signed a firm contract to support turbine transportation and installation at the 1.2 GW Dogger Bank C offshore wind project in the UK, with its newbuild Wind Apex wind turbine installation vessel (WTIV) scheduled to join the campaign in the third quarter of 2027…