SLB has been selected as strategic reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea, providing technology and engineering services during the concept and front-end engineering and design (FEED) phases.The project…
McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for work related to increasing gas recovery and production from the Umm Shaif field.The contract, valued over $1 billion, is for Package…
Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…
Seatrium Limited entered into a Letter of Intent (LOI) with Golar LNG Limited to advance a potential third Floating Liquefied Natural Gas (FLNG) conversion project to be undertaken by Seatrium for Golar.Under the arrangement, Seatrium and Golar…
When maritime autonomy is discussed, the image is often a large cargo ship crossing an ocean without a crew. That remains a longer-term regulatory and technical challenge. The more immediate commercial market is developing elsewhere – smaller…
This white paper examines how the unpredictable 2026 El Niño season is straining port operations worldwide, and how real time ocean data is helping ports adapt.Sofar Ocean, the leading ocean intelligence platform, released a new white paper…
A few months ago, I authored an article for Marine News focused on just one of the many successful features of the Oil Pollution Act of 1990 (“OPA 90,” Pub. L. No. 101-380 (1990)) — Alaska’s regional citizen advisory councils (RCACs). The Prince…
Worley has secured a framework agreement by Inpex Operations Australia to support the company's operations in Australia, extending a relationship that has spanned more than a decade.Under the agreement, Worley will have the opportunity to provide engineering services for Inpex’ Australian projects…
OMV Petrom and Romania's Romgaz have completed the installation of the offshore production platform for the Neptun Deep natural gas project in the Black Sea, marking a major milestone as the development remains on track to start production in 2027…
Plexus Holdings has signed a two-year engineering agreement with Cactus Wellhead to develop and qualify a range of wellhead products for offshore energy applications.Under the agreement, Plexus will provide engineering, analysis and testing services…
Altera Infrastructure has signed principal agreements with Eni for the supply of a newbuild floating production storage and offloading (FPSO) vessel for the Baleine Phase 3 development offshore Côte d’Ivoire.The agreements cover engineering…
MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit.The forward hull section, built at Sumitomo…
Houston-based Nauticus Robotics has strengthened its balance sheet through a debt-for-equity exchange that eliminates approximately $4 million in outstanding debt while increasing shareholders' equity.The company announced June 30 that an existing lender agreed to convert approximately $4…
The offshore energy industry is in the midst of a new investment cycle, driven by major developments in South America, renewed demand for energy security and an increasing reliance on digital technologies to improve asset performance. For Matt Tremblay…
Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition) five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets.The White Rose field is located approximately 350 km east of St…
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