Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel London.Among the companies taking center stage…
The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025.The milestone, achieved on March 2, 2026, marks the transition…
The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years - first with Russia’s invasion of Ukraine and now with the U.S.-Israeli war on Iran - undermining U.S. President Donald Trump’s flagship push to double down on fossil fuels…
Jan De Nul has selected Ulstein Design & Solutions to provide the vessel design for a new subsea trenching vessel that will be added to the company’s offshore fleet.The vessel, scheduled for delivery in 2028, will be based on a proven subsea…
N-Sea Group has entered into a long-term charter agreement with Rederij Groen for the newbuild offshore support vessel Dominus, which is being constructed by PASSER at Shipyard De Hoop in Tolkamer, the Netherlands.Construction of the vessel…
A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime, cut maintenance costs and improve operational reliability on its drillships by replacing traditional…
VAALCO Energy has completed drilling the ET-14P exploration well at the Etame field offshore Gabon as part of its Phase Three drilling program and plans to sidetrack the well to drill a development target.The ET-14P well encountered 10 meters…
Mitsui O.S.K. Lines (MOL) has agreed to jointly own two commissioning service operation vessels (CSOVs) with Cyprus-based shipping company Schoeller Holdings, marking the Japanese company’s first entry into the European offshore wind support vessel market…
Oil major Shell inked several oil agreements with the Venezuelan government on Thursday that span offshore natural gas and onshore oil and gas opportunities, the company said in a statement.It also signed several technical and commercial agreements with Venezuelan engineering company VEPICA…
Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding via Lime Petroleum, has completed the hook-up of the mobile offshore production unit (MOPU) and floating storage and offloading (FSO) vessel at the Sèmè Field in Block 1 offshore Benin…
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…
PALFINGER has secured a contract to supply offshore cranes for the Formosa 4 offshore wind farm in Taiwan, expanding the company’s presence in the region’s offshore wind market.The project will mark PALFINGER’s eleventh offshore wind development…
Hydromea, together with Equinor, has announced the world’s first demonstration of real-time, high-bandwidth wireless data transmission from the ocean floor directly to the cloud. This milestone marks an advancement in subsea asset monitoring and the digitalization of the offshore energy sector…
Seadrill Limited, an offshore drilling contractor, Kongsberg Maritime AS, a global technology leader, and Hanwha Drilling, a provider of offshore drilling services, announced a strategic alliance to develop the next generation of remote Dynamic Positioning (DP) technology in offshore drilling…
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…