Offshore drilling contractor Northern Ocean has secured a contract extension with Equinor for Deepsea Bollsta semi-submersible drilling rig, which will be put to work on Johan Sverdrup, one of Norway’s most important offshore developments.The…
Maersk Supply Service, with the support of Maritime Developments (MDL), has completed a complex dynamic riser assembly installation at Brazil’s Mero field in the pre-salt Santos Basin, connecting the deepwater site to a Permanent Reservoir Monitoring (PRM) sensor grid…
Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.The latest awards include a mix of…
TotalEnergies has told Mozambique that the costs of its liquefied natural gas (LNG) project in the country have risen by $4.5 billion in the four years it was on hold, and it wants its production agreement extended by a decade, a letter from its chief executive showed…
Dutch heavy-lift technology specialist Huisman has launched Rope Vision, an automated visual inspection tool aimed at improving the reliability, safety and lifespan of crane wire ropes used in heavy lifting operations.Rope Vision combines high…
Malaysia’s oil and gas services firm Velesto and ICON Engineering have signed an agreement to deliver Rig-Installed Wellhead Platforms (RIWHPs) for offshore oil and gas developments in Malaysia.The agreement brings together Velesto’s track record…
GE Vernova's profit topped third-quarter expectations on Wednesday, driven by strong equipment orders and surging U.S. power demand from data centers supporting artificial intelligence workloads.Growing power demand from AI and other data-heavy…
Belgian marine contractor Jan De Nul has launched its newest cable laying vessel (CLV), the Fleeming Jenkin, at the CMHI Haimen shipyard in China, which has now entered the final phase of construction ahead of delivery planned for second half of 2026…
U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has started a six-well drilling campaign offshore Vietnam designed to lift production from two of its existing fields and open new development opportunities…
Forum Energy Technologies’ (FET) subsea product line has secured a contract to provide two of its new generation work class remotely operated vehicle (ROV), the XLX EVO III, to Nigerian oil and gas firm Marine Platforms (MPL).The contract win marks the first sale of FET’s XLX EVO III…
U.S. liquefied natural gas producer NextDecade said on Thursday it had reached a positive final investment decision (FID) on the fifth liquefaction plant, known as a train, of its Rio Grande export project in Texas.Shares of the company rose over 4%in extended trading…
Belgium-based offshore installation services company DEME has taken delivery of its new wind turbine installation vessel (WTIV) Norse Wind at the CIMC Raffles Shipyard.Designed to install the next generation of offshore wind turbines, the vessel…
Singapore-based offshore contractor Seatrium has received a termination of the $475 million contract for the construction of a Wind Turbine Installation Vessel (WTIV) that was set for deployment at Equinor's Empire Wind 1 offshore wind farm in the United States…
Austrian manufacturer of hydraulic lifting and handling systems for marine applications Palfinger Marine has started delivering nacelle cranes for 15 MW offshore wind turbines being built by Danish firm Vestas.As a key supplier of nacelle cranes for Vestas…
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