Norwegian oil and gas operator DNO has sold its 7.604% stake in the Ekofisk Previously Produced Fields (PPF) project on the Norwegian Continental Shelf to Orlen Upstream Norway, while acquiring new interests from Orlen as part of its ongoing North Sea portfolio adjustments…
ABS issued an approval in principle (AIP) to Petrobras for its safety-enhancing “sandwich hull” design concept for floating production storage and offloading (FPSO) tanks.The design uses parts of longitudinal and transverse elements constructed…
MODEC has outlined plans merge its wholly owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit.SOFEC, known for its permanent mooring systems and fluid transfer technologies…
Noatum Maritime, Siemens Energy and Green Parrot Tech (GPT) have signed a partnership agreement to explore collaboration in the offshore renewable energy sector.Noatum Maritime, an AD Ports Group company, Siemens Energy and GPT plan to combine…
Technip Energies Loading Systems has secured a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway.The loading solution will be installed at the…
Offshore drilling contractor Odfjell Drilling has signed a $480 million deal to acquire Deepsea Bollsta semi-submersible drilling rig from Northern Ocean, while securing also securing a job for its Deepsea Aberdeen rig.Deepsea Bollsta has been…
Fisheries and Oceans Canada (DFO) has issued a Fisheries Act Authorization to Eauclaire Tidal Ltd. to deploy up to three Orbital Marine Power Ltd (Orbital) O2-X tidal energy devices at the Fundy Ocean Research Centre for Energy (FORCE). This marks the first project to proceed under Canada’s revised…
ABS issued approval in principle (AIP) to Samsung Heavy Industries (SHI) for its HyfloWind Float, a hybrid floating offshore wind structure designed to enhance production efficiency and streamline deployment processes.The HyfloWind Float features a concrete-based steel composite design…
Suriname's Staatsolie has approved the commercial declaration of the Sloanea gas discovery by Malaysia's Petronas at one of the country's most promising offshore areas, Block 52, the state-run company said on Thursday.The declaration follows…
Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales.The group’s net order book stood at about $12…
Dutch oil and gas services company SBM Offshore increased its annual earnings outlook for the second time this year on Thursday, lifting its shares, as operating performance improved.The Amsterdam-listed company reported a 26% increase in its directional revenue to $3…
Petrobras’ P-79 floating production, storage and offloading (FPSO) unit has departed South Korea’s Hanwha Ocean shipyard bound for Brazil’s Búzios field, where it will add 180,000 barrels-per-day production capacity by 2026.The P-79 set sail on November 11 from Hanwha Ocean shipyard in Geoje-Si…
TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis, announced its new look leadership team and strategic new senior appointments as the company prepares for further growth…
Singapore-based Mooreast Holdings is set to begin feasibility studies to develop up to 500 MW of large-scale renewable energy projects in Timor-Leste.The feasibility studies, scheduled to start later in November, follow the signing of a Letter…
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced it has secured a significant contract to provide 12 bespoke cryogenic submerged pumps to be installed on three LNG carriers which are being converted into floating storage and regasification units (FSRUs)…
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