Offshore drilling contractor Transocean has secured new contracts for two of its harsh-environment semi-submersible drilling rigs, adding approximately $185 million in firm backlog.The largest award was for the Transocean Norge, which received a five-well drilling contract from Harbour Energy offshore Norway.The campaign is expected to last about 300 days and commence in the first quarter of 2028 immediately after the rig completes its current program…
The general superintendence of Brazil's antitrust watchdog CADE approved the proposed merger between energy contractors Subsea7 and Saipem without restrictions, a document seen by Reuters showed on Tuesday.The merger between two of the leading…
The shareholder in offshore drilling contractor Vantage Drilling have approved its proposed merger with Norway-based Eldorado Drilling, advancing a transaction that values Vantage's equity at approximately $258 million.The approval was secured at a special general meeting held in Bermuda on June 18…
A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support across the global maritime sector…
Norway has launched the first expedition of a newly acquired autonomous underwater vehicle (AUV) designed to improve mapping and understanding of the country's deep-sea areas.The HUGIN Superior vehicle began operations in the northern Norwegian…
South Korea's Taihan Cable & Solution has signed separate memoranda of understanding with Belgium's Jan De Nul and Dutch marine contractor Boskalis to cooperate in the high-voltage direct current (HVDC) subsea cable sector.Under the agreements…
Norway-based TMC Compressors has secured a contract from Yantai CIMC Raffles Offshore to supply marine compressed air systems for two subsea rock installation vessels being built for Dutch marine contractor Van Oord.Under the contract, TMC will…
Masirah Oil has announced that the start date for a planned three-well development drilling program at the offshore Yumna field in Oman's Block 50 will be updated at a later date.The company did not provide a revised timeline for the campaign…
McDermott has been selected by Aramco as one of 11 contractors under a long-term Project Management Consultancy (PMC) agreement supporting the delivery of energy, downstream, petrochemical and low-carbon projects across Saudi Arabia.The multi…
Installation of all 54 monopile foundations for the Inch Cape offshore wind farm has been completed, marking a key milestone in the construction of the 1.08 GW project off Scotland's east coast.The monopiles were installed by Jan De Nul's heavy-lift vessel Les Alizés…
Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…
The International Marine Contractors Association (IMCA) has published new industry guidance designed to improve safety during subsea decommissioning and dismantlement projects, warning that ageing offshore infrastructure, incomplete historical…
PALFINGER has secured a contract to supply davit cranes for five offshore converter platforms in the North Sea, expanding its presence in the offshore wind market as Europe accelerates grid infrastructure development tied to renewable energy projects…
Seiche, in collaboration with a consortium of leading marine science organizations, is delivering a pilot program to assess the feasibility and effectiveness of proposed underwater noise limits from pile driving during the construction of offshore wind farms…
UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans…
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