Offshore drilling contractor Noble Corporation has completed the sale of five jack-up drilling rigs to Borr Drilling for $360 million.Under the transaction, Noble generated approximately $210 million in cash and received $150 million in seller notes from the sale of the Noble Tom Prosser, Noble Mick O’Brien, Noble Regina Allen, Noble Resilient and Noble Resolute rigs.Noble plans to continue operating…
Fugro has started integrated nearshore site investigations for SSEN Transmission’s Western Isles High Voltage Direct Current (HVDC) Link, a power transmission project designed to transfer renewable electricity from Scotland’s islands to the UK mainland…
Chevron has signed a memorandum of understanding, or an initial agreement, with the Syrian Petroleum Company and the Qatari firm UCC Holding to evaluate exploration for oil and gas offshore Syria, a spokesperson for the U.S. major said on Wednesday…
Provider of energy data and intelligence TGS has secured a 4D streamer acquisition contract in the North Sea, offshore Norway.A Ramform vessel is scheduled to mobilize for the survey in the second quarter of 2026, with the contract expected to run for approximately 65 days…
The Australian Government is progressing the state of Victoria’s offshore wind industry with Minister for Energy and Resources Lily D’Ambrosio announcing the Request for Tender (RFP) for Victoria’s first offshore wind industry auction which…
Kongsberg Maritime has signed a contract to deliver a comprehensive deck machinery package for a new-generation 127-metre Floating Wind Construction Vessel (FWCV) being built for Hana Shipping of Korea.Scheduled for delivery in July 2027, the…
Australia has offered three offshore wind licenses to projects off the southern coast of Western Australia that could add 4 gigawatts of clean energy into the state's isolated power system, the government said on Friday.The offer comes after…
ARO Drilling, a joint venture between Valaris and Aramco, has signed a multi-year contract with ALTAVE to deploy artificial intelligence (AI)-based video monitoring solution across its fleet of nine offshore jack-up rigs operating in Saudi Arabia…
Belgium-based offshore installation services company DEME has taken delivery of its second new wind turbine installation vessel, Norse Energi, at the CIMC Raffles Shipyard.As the sister vessel of the recently delivered Norse Wind, Norse Energi…
Gas has been confirmed at the Charlemont-1 exploration well offshore Victoria, operated by ConocoPhillips, following the successful recovery of a gas sample that validates the Charlemont Trend in Australia’s Otway Basin.Australia’s 3D Energi…
ABS and AMOG Consulting have signed a memorandum of understanding (MOU) to collaborate on an offshore mooring digital twin.The agreement combines AMOG’s monitoring technology with ABS’ classification and certification capabilities to deliver…
Vard, the Norwegian subsidiary of the Fincantieri Group, has signed a new contract with existing customer Ocean Infinity for the design and construction of four Multi-Purpose Robotic Vessels (MPVs).The contract, whose value exceeds $230 million (€200 million)…
The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY since its Offshore Division was established…
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…
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…
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