U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a manufacturing contract with an international offshore installation company.The scope of work includes engineering, procurement, and fabrication of major…
Ørsted will file a complaint and seek a preliminary injunction in the U.S. District Court for the District of Columbia, challenging U.S. government’s lease suspension order issued for the Sunrise Wind offshore wind project, after it instigated…
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…
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…
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…
The holiday season would not feel complete without festive greetings from offshore industry companies - and once again, they have delivered.While most of us are busy wrapping presents, planning family dinners, and counting down the days to the New Year…
Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.The first contract (CRPO 162), with a duration of 32 months, encompasses the Engineering…
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…
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…
Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province in South Korea.The project is developed by Shinan-Ui Offshore Wind, a consortium consisting of Hanwha Ocean, SK Eternix, KOMIPO (Korea Midland Power)…
Sperra Seaworks Limited, in partnership with Bardex Energy UK Limited, has been awarded USD$1.35 million (£1 million) in funding through The Crown Estate’s Supply Chain Accelerator (SCA2) program to perform early-stage planning and engineering…
Singapore-based Mooreast Holdings has signed a memorandum of understanding with Norway-based rigging and industrial services group GMC Holdings to explore offshore wind and oil and gas opportunities in Norway and the wider North Sea.Under the non-binding agreement…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance…
Subsea7 has secured a sizeable contract by LLOG Exploration Offshore for the Buckskin South Expansion project in the Gulf of America.The Buckskin field is located approximately 305 kilometres off the coast of Texas, in the United States.The…
Offshore construction firm Lamprell has secured four engineering, procurement, construction and installation (EPCI) contracts earlier in the Kingdom of Saudi Arabia.Across the four projects, Lamprell’s combined scope includes the installation of new platforms…
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