Offshore Regions News - page 17


T12 Engineering to Deliver Subsea Equipment for Norwegian Operator

Jan 05, 2026

T12 Engineering has secured a contract with an independent Norwegian oil and gas operator to design and manufacture a 60-tonne subsea modular structure.The engineering specialist, which operates from Teesside, Glasgow and Edinburgh, will project manage the engineering…

Equinor Files Lawsuit Against US Over Offshore Wind Project Suspension

Jan 05, 2026

Equinor has filed a civil suit in the U.S. District Court for the District of Columbia, challenging a U.S. Department of the Interior order to suspend work on its Empire Wind 1 offshore wind project.The company said it plans to seek a preliminary…

Trump: US Oil Majors to Spend Billions in Venezuela to Restore Output

Jan 05, 2026

President Donald Trump said that American oil companies were prepared to tackle the difficult task of entering Venezuela and investing to restore production in the South American country, an announcement that came just hours after Nicolás Maduro was captured and removed by U…

AF Offshore Gets Ithaca Energy’s Decom Job in North Sea

Jan 05, 2026

AF Offshore Decom (AFOD), a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, dismantling, and recycling of a floating production platform from the U.K. sector of the North Sea.The facility has a total weight of approximately 23…

Qatar and Egypt Deepen Energy Cooperation with LNG Agreement

Jan 05, 2026

QatarEnergy has signed a Memorandum of Understanding (MoU) with Egypt’s Ministry of Petroleum and Mineral Resources to strengthen cooperation in the energy sector, including the supply of liquefied natural gas (LNG).Under the agreement, QatarEnergy…

US Refiners Win, China Loses in Trump’s Venezuela Oil Play

Jan 05, 2026

The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost, but President Donald…

Japan’s First Floating Wind Farm Comes Online

Jan 05, 2026

Japan’s first commercial floating offshore wind farm, rated at 16.8 MW, has started operations offshore Nagasaki Prefecture.The Goto offshore wind farm, located off Goto City, is operated by Goto Floating Wind Farm consortium. The project is…

China Received LNG Shipments from Sanctioned Russian Projects

Jan 02, 2026

China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project…

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Dec 31, 2025

Italy's Saipem has been awarded a new offshore contract worth approximately $425 million by Turkish Petroleum OTC for additional work on the third phase of the Sakarya gas field development in the Turkish sector of the Black Sea.The contract includes engineering…

Harbour Energy Takes Operatorship of Zama Field Offshore Mexico

Dec 31, 2025

U.K.-based oil and gas firm Harbour Energy has been appointed operator of the Zama oil project offshore Mexico.The appointment was agreed by the Zama partners, including Pemex, Grupo Carso and Talos Energy who will have the option to appoint key personnel into Harbour's project team…

Ørsted Closes $6B Hornsea 3 Offshore Wind Deal with Apollo

Dec 30, 2025

Ørsted has completed the divestment of a 50% stake in its 2.9 GW Hornsea 3 offshore wind project in the U.K. to funds managed by Apollo, closing a transaction first announced in November.The deal forms part of Ørsted’s broader funding plan and partnership strategy…

ASRY Completes Multiple Rig Upgrades for ADES

Dec 30, 2025

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain…

Nexans Sets Record with Deepest-Ever HVDC Subsea Cable Installation

Dec 30, 2025

French cable maker Nexans has set a new world record in the subsea power cable industry after installing a 500 kV high-voltage direct current (HVDC) subsea cable at a depth of 2,150 meters on Italy’s Tyrrhenian Link project.The installation…

DOF Inks $150M ROV Support Vessel Contract with Petrobras

Dec 30, 2025

Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier…

Surprise Gas Hit Adds Momentum to ConocoPhillips’ Australian Drilling Ops

Dec 30, 2025

An offshore gas exploration well operated by ConocoPhillips Australia has intersected unexpected gas in the Otway Basin off southeastern Australia, prompting a temporary pause in drilling while partners assess changes to the well design.The Charlemont-1 exploration well…

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