Offshore drilling contractor Valaris has secured a multi-year contract with Shell for its VALARIS DS-8 drillship, which will be put to work offshore Brazil.The contract is expected to start in the first quarter of 2027, with an estimated duration of approximately 800 days.The total contract value for the VALARIS DS-8, a 2014-built Samsung 78k drillship, is approximately $300 million.The contract also includes options with a total estimated duration of approximately one year…
Jumbo Offshore has signed two contracts for the Transport and Installation (T&I) of Transition Pieces (TPs) for an upcoming offshore wind farm development.Jumbo Offshore will install the TPs using one of its two DP2 heavy-lift vessels during the project campaigns…
Bowdun Offshore Wind Farm, planned for 44 km off Stonehaven in North East Scotland, has submitted the application for planning permission in principle for the onshore infrastructure of the Project to Aberdeenshire Council. The submission covers the elements from the landfall point near Benholm…
Dong Fang Offshore (DFO), one of Asia’s largest offshore wind service providers, has signed a major shipbuilding contract with Norwegian yard Westcon for a new subsea and cable lay vessel (CLV), set for delivery in 2027.Westcon will take over…
Offshore drilling contractor Transocean has signed a six-well contract with an undisclosed operator for its Deepwater Skyros drillship, offshore Australia.The estimated 320-day campaign is expected to start in the first quarter of 2027 and contribute approximately $130 million in backlog…
The topside and jacket structure for the Jasmund offshore substation (OSS) have embarked on the journey to Baltic Sea for installation, following the completion of construction by the HSI consortium, formed by HSM Offshore Energy, Smulders and Iv…
Van Oord has completed the transport and installation of all 21 monopiles at Iberdrola’s Windanker offshore wind farm.This achievement involved the largest monopiles Van Oord has ever installed, made possible by earlier upgrades to its heavy lift installation vessel Svanen…
Axess Technologies, a subsidiary of Axess Group, has secured another riser replacement contract with Equinor in the North Sea.The contract covers the planning and execution of all topside activities related to riser replacements on Visund and Troll C in the North Sea…
Saudi Arabian oil and gas drilling contractor ADES International Holding has completed the acquisition of rival rig firm Shelf Drilling.The merger, concluded on November 2025, has created a global offshore drilling powerhouse, with the combined…
Skyborn Renewables has signed a contract with Dajin Heavy Industry for the supply of transition pieces for Gennaker offshore wind farm in Germany.The contract follows the preferred supply agreement (PSA) the companies signed in September 2025…
Offshore drilling contractor Odfjell Drilling has received confirmation from Aker BP that it will extend the firm contract period for use of the Deepsea Nordkapp semi-submersible rig by one year.With this signed confirmation, the Deepsea Nordkapp extends its firm contract backlog to the end of 2027…
Offshore drilling contractor Shelf Drilling has received a notice from Saudi oil and gas giant Aramco to resume operations for the Harvey H. Ward jack-up rig in the Middle East.The rig’s operations were previously suspended by Aramco, effective September 2024…
Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group…
Norwegian offshore vessel owner Solstad Maritime has signed a contract award with an international subsea contractor for the Normand Sentinel contract support vessel (CSV).The firm contract will start early 2026 and will keep the Normand Sentinel fully committed until the end of 2027…
Ming Yang Smart Energy has signed a Memorandum of Understanding (MoU) with Buhawind Energy Northern Luzon Corp. (BENLC) for a joint feasibility study on BENLC’s planned 2 GW offshore wind project in Ilocos Norte, Northern Luzon.Under the MoU…