Acteon’s marine foundations business line, Menck, has delivered the first of two MHU4400S hydraulic hammer systems to Heerema Marine Contractors Nederland under a multi-million-dollar supply agreement.The delivery marks the first phase of a…
Deutsche Offshore Schifffahrt (DO) has started construction of a new fleet of construction commissioning service operation vessels (C-CSOVs), with the first steel cut for the lead vessel DO Joule at CSSC Huangpu Wenchong Shipyard in Guangzhou…
Energy data and intelligence firm TGS has lined up several new acquisition campaigns for its Ramform Vanguard seismic vessel during the upcoming European summer season.Following its winter-stack period, the vessel is slated to start the campaign in mid-March with an oil and gas site survey…
Britain's Harbour Energy raised its 2026 output outlook on Thursday, citing a strong start to the year helped by early contributions from its newly acquired LLOG assets in the Gulf of Mexico.Harbour has been leaning on Wintershall Dea assets in Norway…
Oil prices surged more than 3% on Thursday, extending a rally as the escalating U.S.-Israeli war with Iran raised fears of prolonged disruptions to vital Middle East oil and gas supplies.Brent LCOc1 crude advanced $2.44, or 3%, to $83.84 per barrel by 0722 GMT…
Strategic Marine has delivered the first two Supa Swath crew transfer vessels (CTVs) to Mainprize Offshore, marking the initial handover under a multi-vessel contract signed at in June 2024.The deliveries represent the first two vessels in a program covering six Supa Swath vessels…
The first turbine at the 1.1 GW Thor offshore wind farm, being developed by RWE and Norges Bank Investment Management, has been installed in the Danish North Sea.Installation work at the project site, located about 22 km off the west coast of Jutland…
Danish power cable maker NKT has signed a firm contract to deliver the high-voltage direct current (HVDC) power cable system for the Eastern Green Link 3 transmission project with a joint venture between National Grid Electricity Transmission and SSEN Transmission…
Forum Energy Technologies’ (FET) Subsea product line has secured a contract to provide four of its new generation work class remotely operated vehicles (ROV), the XLX EVO III, to long-term client DOF.The contract, signed in late August 2025…
Subsea7 has secured a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye.The award represents an extension to the contract announced…
Oil prices rose 3% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could escort vessels through the Strait of Hormuz…
OEG has expanded its offshore wind vessel fleet with the delivery of Fulmar, a new multi-purpose crew transfer vessel (CTV), following successful sea trials.The vessel will operate in U.K. waters and has secured its first charter in Scotland…
Equinor has completed its investigation into a well control incident on Odfjell Drilling's Deepsea Bollsta drilling rig in September 2025, classifying it in the company’s highest category of severity.The incident occurred during plugging operations…
European financial markets are under strain as the U.S.-Israeli war on Iran revives concerns about an energy supply shock exacerbating inflation.ING says the euro zone is the most exposed major economy to the conflict, making the region, which has benefited from investor diversification out of U…
Brent rose more than $3 on Tuesday for a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.Brent crude futures LCOc1 were at $80…