Offshore Energy News


Viridien, TGS Deliver Results of OBN Survey in Gulf of America

Nov 12, 2025

Viridien, in collaboration with TGS, has made available the early out results from the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The initial 5Hz Acoustic TLFWI (AFWI) Ocean Bottom Node (OBN) products from the Laconia Phase III survey are now available…

Efficiency First: Inside Olympic Subsea’s Bet on Greener Offshore Vessels

Nov 11, 2025

A new generation of hybrid vessels is demonstrating significant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led efficiency is the fastest path to decarbonization—and a powerful business case…

Offshore Service Vessels: Regional Bright Spots Emerge

Nov 11, 2025

As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down…

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Nov 09, 2025

Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy…

TGS and Chevron Sign Data Acquisition Deal

Nov 05, 2025

TGS and Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services.The minimum firm commitment under the three-year term of the capacity agreement is 18 months of a combination of OBN and streamer acquisition services…

Orsted Has No Plans to Merge with Equinor's Renewables Unit

Nov 05, 2025

Danish offshore wind giant Orsted said on Wednesday that it had no plans to take over the renewables business of Equinor, its second biggest shareholder, which has proposed closer ties between the companies.Norwegian oil, gas and renewables group Equinor…

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Nov 04, 2025

The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…

Fugro's Profit Beats Estimates Amid Offshore Wind Concerns

Oct 31, 2025

Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter…

Unique Group Scores Multi-Million-Dollar LARS Supply Deal

Oct 30, 2025

Unique Group, a subsea technology and engineering services firm, has been awarded a multi-million-dollar contract by CCC Underwater Engineering to deliver its Launch and Recovery Systems (LARS).As part of the agreement, Unique Group will deliver…

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Oct 29, 2025

Sponsored WebinarHow Hot Is Your Cable? Seequent Unlocks Subsea IntelligenceCable temperature drives ampacity, reliability, and lifecycle costs. See how subsurface models and field data help predict, monitor, and manage thermal performance to keep offshore power flowing…

Fincantieri, NextGeo Shake Hands on USVs for Offshore Energy Sector

Oct 29, 2025

Fincantieri, through its subsidiary IDS – Ingegneria dei Sistemi, has signed a memorandum of understanding with Next Geosolutions (NextGeo) to jointly develop unmanned surface vessels (USVs) and related technologies for the oil and gas and renewable energy industries…

Acteon Finds Delivery Partner for Asia-Pacific Offshore Renewables Projects

Oct 29, 2025

Offshore engineering and subsea services firm Acteon and Wynnergy Marine, a Taiwan-based marine solutions provider, have signed a strategic memorandum of understanding (MoU) to jointly deliver renewable energy projects across the region.The…

Pharos Offshore Expands Subsea Trenching Fleet with New Unit

Oct 28, 2025

Pharos Offshore Group has expanded its subsea trenching fleet with the acquisition of the 620-horsepower UTV620 jet trencher, bolstering its seabed intervention and cable protection capabilities amid rising demand across offshore wind, telecoms…

Venezuela to Suspend Energy Agreements with Trinidad

Oct 27, 2025

Venezuela's oil ministry will ask the presidency to suspend a wide cooperation agreement with Trinidad and Tobago for energy development, including joint gas projects in negotiation, the South American country's oil minister said.Trinidad's…

EU-Backed Project Deploys OTEC Demonstration Unit off Canary Islands

Oct 24, 2025

A new storm-resistant ocean energy prototype has been installed off the coast of Gran Canaria, developed under the EU’s Horizon Europe-funded PLOTEC project, as a next step in harnessing ocean thermal energy conversion (OTEC) as a source of renewable energy…

Current News

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