The substructures for fixed offshore wind turbines weigh thousands of tonnes. Only about five vessels in the world can lift that much weight. So now researchers are testing an alternative: an unusually wide barge.Using experience gained from the oil and gas industry…
Vietnam’s PV Drilling has signed a contract with Russia's Zarubezhneft EP Vietnam to provide jack-up drilling unit services for its 2026 development drilling campaign in Block 12/11 offshore Vietnam.Under the agreement, a jack-up rig will be…
Konecranes has received an order from Westcon Helgeland, a Norwegian provider of ship repair, rig maintenance and equipment fabrication for the oil industry, for two double girder overhead cranes at its new production facility in Nesna, Norway…
Siemens Energy has completed delivery of 14 transformers for the NeuConnect subsea electricity interconnector linking the United Kingdom and Germany, marking another construction milestone for the $3.26 billion project.NeuConnect, backed by investors including Meridiam…
Dolphin Drilling has signed a contract with Harbour Energy for the semi-submersible drilling rig Paul B. Loyd Jr. in the U.K. sector of the North Sea, adding about $150 million in firm backlog, while also securing extension for Blackford Dolphin rig operating off India…
ADNOC Drilling has reported its strongest-ever first-quarter performance, supported by high fleet utilization, growth in integrated drilling services and long-term contract coverage across its operations.The UAE-based drilling contractor posted first-quarter revenue of $1…
Seadrill has secured more than $860 million in new contract backlog since February fleet status report, driven by offshore drilling awards and extensions in Brazil, the U.S. Gulf and Angola, lifting its total contract backlog to about $3.1 billion…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea, to be conducted with COSL’s COSLInnovator semi-submersible drilling rig.The permit is for wellbore 34/10-56 S in production license 050 HS…
Energy services company Weatherford has been awarded a managed pressure drilling (MPD) contract by Ventura Offshore for operations aboard the SSV Victoria semi-submersible drilling rig offshore Brazil.The contract covers operations in Petrobras’…
ADNOC Drilling has completed its acquisition of an 80% stake in MB Petroleum Services (MBPS), forming a joint venture that expands its presence across Gulf markets and increases its total fleet to 170 rigs.The transaction, completed ahead of schedule…
Vår Energi has exercised a second option for the COSL Drilling Europe's COSLPioneer semi-submersible drilling rig.The extension builds on existing operations and reflects continued cooperation between the companies.The COSLPioneer is a semi…
BP plans to complete its three-well appraisal plan for the Bumerangue project in Brazil's offshore Santos basin by the end of next year's first semester, the firm's senior vice president for upstream in Brazil said on Monday.The company will…
Fugro has secured a geotechnical site investigation contract by Copenhagen Infrastructure Partners (CIP) for the 600 MW FengMiao II offshore wind farm in Taiwan.The project forms part of Taiwan’s Round 3.2 offshore wind tender and supports the country’s target of reaching 13…
Offshore driller Noble Corporation has secured about $565 million in new contract value since its last fleet update, lifting its backlog to $7.5 billion as fleet utilization improved.Utilization of the company’s 29 marketed rigs rose to 68% in the first quarter from 64% in the previous quarter…
Equinor has secured a permit from the Norwegian Offshore Directorate (NOD) to drill a wildcat well in the Barents Sea.The permit is for wellbore 7220/5-EC-2 H in production license 532.The license is operated by Equinor with 46.3%, with partners Vår Energi holding 30% and Petoro the remaining 23…
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