Eni has signed the main engineering, procurement, construction and drilling contracts for the Cronos gas development in Block 6 offshore Cyprus, launching the project's execution phase ahead of planned production start-up in the first half of 2028…
Singapore's Seatrium has secured an agreement with Keppel's subsidiary RigCo to complete construction work on four offshore drilling rigs under an existing master services arrangement, with the total estimated contract value exceeding $390 million (S$500 million)…
Vietnam's PV Drilling has secured a contract from Idemitsu Gas Production (Vietnam) to supply a jack-up drilling rig for an offshore exploration and appraisal campaign in the Nam Con Son Basin in 2027.Under the agreement, signed on October 16…
Borr Drilling's Prospector 5 jack-up rig has sunk offshore Gabon after experiencing a punch-through event during preload operations that caused it to lose stability, leaving five people missing and 110 safely accounted for among the 115 personnel on board…
The National Ocean Industries Association (NOIA) has launched Ocean Minerals Forward, a new industry education and communications initiative examining the potential of deep-sea mineral resources to strengthen U.S. critical mineral supply chains…
Saipem and Egypt's Modern Drilling Company (MDC) have signed a memorandum of understanding (MoU) to explore offshore drilling opportunities in Egypt, with the potential to extend their cooperation to other countries.The non-exclusive agreement…
Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's…
Crewsure Insurance Services Limited (Crewsure) has announced the launch of Crewsure Energy, a new program that brings together traditional employee benefits with specialist Crisis Response protection, designed for companies employing personnel…
Norwegian engineering and technology company Techouse has agreed to acquire offshore potable water services specialist Ambio Water, expanding its water treatment business following a separate acquisition agreement announced earlier in October…
Transmission system operator TenneT Netherlands and cable manufacturer NKT have completed a joint study examining the technical, environmental and economic aspects of decommissioning offshore power cables in the Netherlands and Germany.The study…
Norwegian offshore vessel owner DOF Group has secured a subsea installation contract in Africa, with its Skandi Acergy construction support vessel (CSV) scheduled to undertake the offshore campaign in early 2027.The contract, valued at between $15 million and $25 million…
Masirah Oil has started operations on the first well of its infill drilling campaign at the Yumna oil field offshore Oman, following several delays to the development program earlier in 2026.The company announced the start of operations on October 21…
OEG Marine Services has ordered three additional crew transfer vessels (CTVs) from Diverse Marine, expanding its offshore wind support fleet under a newbuilding program scheduled for delivery throughout 2027.The vessels will be built to the BREVITY SL Class design developed by Chartwell Marine…
Oil and gas company Perenco has restarted production at the Foukanda field offshore Congo following the installation of new infrastructure connecting the field directly to its own facilities.Production resumed on September 15 at a rate of 2…
The U.K. government has approved the Jackdaw offshore gas field operated by Adura, a joint venture between Shell and Equinor, clearing the way for the project to begin supplying gas within weeks.The decision, announced by Adura on October 21…