Industry News

 

Strategic Marine Delivers CTV Newbuild to Taiwanese Customer

Jan 15, 2026

Singaporean shipbuilder Strategic Marine has delivered the second 27-metre Z-Bow Crew Transfer Vessel (CTV) to Taiwan for an undisclosed customer.With the delivery, Strategic Marine completed the two-vessel program for the client.Purpose-built for offshore wind farm duties…

ExxonMobil Enlists Shearwater for 3D Seismic Survey in South America

Jan 15, 2026

Offshore seismic services firm Shearwater Geoservices has secured a contract for a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater.The deepwater survey offshore Trinidad and Tobago will cover approximately 6…

TGS Embarks on OBN Multi-Client Survey in Gulf of America

Jan 15, 2026

Energy data and intelligence firm TGS has embarked on next-generation multi-client long-offset Ocean Bottom Node (OBN) acquisition campaign, dubbed APEX 1, in the Gulf of America.Node deployment for APEX 1 started in December 2025, and acquisition…

Woodside to Supply LNG to JERA During Japan's Winter Peak

Jan 15, 2026

Woodside Energy Trading Singapore has signed a sale and purchase agreement with Japan’s JERA for the supply of liquefied natural gas (LNG) during Japan’s peak winter period, strengthening long-term LNG supply arrangements between the two companies…

China Installs ‘World’s First’ 20MW Offshore Wind Turbine

Jan 15, 2026

A 20 MW offshore wind turbine, jointly designed and built by China Three Gorges (CTG) and Goldwind, has been installed in the southern Fujian in China as part of a research project, setting a world record for the highest-rated offshore wind turbine to be installed at sea…

US Judge Set to Rule on Equinor’s Bid to Restart Offshore Wind Project

Jan 15, 2026

A U.S. judge will rule on Thursday on whether to allow Norwegian offshore wind developer Equinor to resume construction of the Empire Wind project off the coast of New York in a lawsuit over the Trump administration's suspension of the industry…

Saudi Aramco and Commonwealth LNG Ink Long-Term Supply Deal

Jan 15, 2026

Saudi Aramco and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter with 1 million metric tonnes per annum (mtpa), three people familiar with the deal tell Reuters.The deal…

US Extends Talks on Possible $22B Sale of Lukoil Assets

Jan 15, 2026

The U.S. Treasury Department on Wednesday extended a license by more than a month - until February 28 - for companies to talk with Russian energy company Lukoil about buying its foreign assets.President Donald Trump imposed sanctions on Lukoil and Rosneft…

Archer Awarded Integrated Deepwater P&A Contract in the Gulf of America

Jan 14, 2026

Archer, in collaboration with SLB, has been awarded an integrated plug and abandonment (P&A) contract with Equinor for the Titan platform in the Gulf of America (GoA).The service offerings under the contract includes project management, well engineering…

Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7

Jan 14, 2026

Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW of offshore wind capacity through AR7 is a positive step for the UK…

Bulgarian Energy Holding to Acquire 10% Stake in Black Sea Oil Exploration Block

Jan 14, 2026

Bulgaria's state-owned energy group Bulgarian Energy Holding will acquire a 10% stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea, the government said on Wednesday.The Council of Ministers approved the deal, allowing BEH to buy 5% each from OMV Offshore Bulgaria…

Akastor’s DDW Offshore Sells AHTS Vessel for $23M

Jan 14, 2026

Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has completed the sale of Skandi Atlantic anchor handling tug supply (AHTS) vessel.The purchase price for the vessel is $22.5 million, Akastor said, without disclosing further details about the buyer…

EU Backs Øresund CCUS Cross-Border Scheme

Jan 14, 2026

The European Union has awarded funding to support the development of carbon capture, utilization and storage (CCUS) in the Øresund region, backing a cross-border project aimed at accelerating renewable energy use and enabling the production of sustainable fuels…

ELITE Expands Asia, Middle East Footprint with EUTEX Training Deal

Jan 14, 2026

ELITE Oil & Gas has acquired the hazardous-area training business of EUTEX International, expanding its specialist training capabilities across Asia and the Middle East.The acquisition includes EUTEX’s hazardous-area training operations, its internationally recognized CompEx and IECEx courses…

HSI Joint Venture Installs Jasmund Offshore Substation in Baltic Sea

Jan 14, 2026

The HSI joint venture, comprising HSM Offshore Energy, Smulders and Iv, has completed the installation of the Jasmund offshore substation (OSS) at the Ostwind 3 location in the Baltic Sea, marking a key milestone in Germany’s offshore grid expansion program…

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