Ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services have signed a heads of terms agreement to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East…
DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million…
U.S. independent ConocoPhillips began drilling its first exploration well as part of larger campaign searching for natural gas offshore eastern Australia, 3D Energi, its junior partner in the project, said on Monday.Work began over the weekend on the Essington-1 well…
THREE60 Energy, a leader in the global energy services sector, has announced a step in its Middle East growth strategy with the acquisition of Total Vision (TV), a multidisciplinary engineering and project management services provider in Abu Dhabi…
DOF Group ASA ('DOF') is pleased to announce that three PLSVs (pipelay support vessels) owned through a joint venture between DOF (50%) and TechnipFMC (50%) have secured contract extensions with Petrobras in Brazil.Skandi Vitória and Skandi…
Offshore drilling contractor Northern Ocean has secured a contract extension with Equinor for Deepsea Bollsta semi-submersible drilling rig, which will be put to work on Johan Sverdrup, one of Norway’s most important offshore developments.The…
BW Energy has reported encouraging preliminary results of the Kharas-1 appraisal well, drilled in the Orange Basin, offshore Namibia.The Kharas-1 appraisal well, drilled with Odfjell Drilling-managed Deepsea Mira semi-submersible rig, has reached…
BP is advancing appraisal planning for its Bumerangue offshore discovery in Brazil after laboratory analysis confirmed a large hydrocarbon column in the pre-salt Santos Basin, and CO2 levels in the reservoir that the company believes can be managed…
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…
Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.Petrobras hopes…
Mermaid Subsea Services (UK) has completed a fast-track subsea recovery campaign in the North Sea for a major operator.The operation involved the internal and external severance of casing, conductor, guide pipe and cement lines, as well as local…
Maersk Supply Service, with the support of Maritime Developments (MDL), has completed a complex dynamic riser assembly installation at Brazil’s Mero field in the pre-salt Santos Basin, connecting the deepwater site to a Permanent Reservoir Monitoring (PRM) sensor grid…
Offshore drilling contractor Vantage Drilling has announced the termination of the contract for its ultra-deepwater drillship Platinum Explorer.The termination, with immediate effect, is for the 260-day campaign the Platinum Explorer drillship was hired earlier in 2025…
U.S. based engineering and construction firm McDermott has completed its activities for TotalEnergies' Begonia field development, offshore Angola.Under the engineering, procurement, construction, installation, pre-commissioning and commissioning contract…
Oilfield services provider Petrofac said on Friday its ongoing restructuring would leave existing shareholders with no residual value, as it moves to complete the process by November-end.Petrofac is restructuring its finances under pressure from rising costs and delayed payments…