Offshore Regions News - page 16


ABS Grants Approval for Seatrium’s Next-Gen Offshore Substations

Jan 06, 2026

The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to Seatrium for its next-generation offshore substation (OSS) design.Seatrium’s design features 500 MW OSS modules, engineered for scalability and aligned with the highest international standards…

Equinor Hires ABL to Support Northern Lights CCS Expansion

Jan 06, 2026

Energy and marine consultancy ABL has secured a contract by Equinor to provide marine warranty survey (MWS) services to the Northern Lights Phase 2 carbon capture and storage (CCS) project in Norway.The Northern Lights project is part of the…

Borr Drilling Locks In Mexico Extension, New US Contract for Two Jack-Ups

Jan 06, 2026

Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs, adding firm work in Mexico and the United States.Borr Drilling’s jack-up rig Ran has received a one-well extension from Italy’s Eni in Mexico…

Chevron Delivers First Oil from New Platform Offshore Angola

Jan 06, 2026

Chevron has delivered first oil from its South N’dola platform offshore Angola, marking a major project milestone just over two years after construction began.Located in Block 0, which accounts for around 12% of Angola’s daily energy output…

Eni, Repsol Face Hurdles Recovering $6B in Venezuela Gas Payments

Jan 06, 2026

European energy companies Eni and Repsol are struggling to recover recover about $6 billion in gas payments from Venezuela and are facing indifference from U.S. officials about the debt, the Financial Times reported on Tuesday.Eni, Repsol, and the U…

High Costs, High Risk Cloud Trump’s Venezuela Oil Pitch

Jan 06, 2026

U.S. President Donald Trump is giving U.S. energy companies the opportunity to revive Venezuela’s massive, derelict oil industry. It’s an offer they may want to refuse.After the U.S. military’s ouster of Venezuelan President Nicolas Maduro at the weekend…

Wind Power LAB Names New Chief

Jan 05, 2026

Wind Power LAB (WPL), a Danish specialist in blade inspection and wind turbine consulting services, has appointed Lene Hellstern as its new Chief Executive Officer.Hellstern brings over 24 years of experience in the global onshore and offshore wind industry…

Transocean Nets $168M in Two Drilling Rig Contracts

Jan 05, 2026

Offshore drilling contractor Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.In Brazil, the Deepwater Mykonos was awarded a contract by BP for an estimated 302-day campaign beginning in the third quarter of 2026…

CIMC Picks TMC’s Compressors for Golar LNG’s MK II FLNG Unit

Jan 05, 2026

CIMC Raffles has awarded a contract to TMC Compressors to deliver a complete marine compressed air system for the MK II floating liquefied natural gas (FLNG) facility, currently under construction for Golar LNG.TMC’s scope includes instrument air compressors…

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…

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