Industry News

 

Sperra Seaworks, Bardex to Advance Floating Wind Construction Station

Dec 23, 2025

Sperra Seaworks Limited, in partnership with Bardex Energy UK Limited, has been awarded USD$1.35 million (£1 million) in funding through The Crown Estate’s Supply Chain Accelerator (SCA2) program to perform early-stage planning and engineering…

Aphrodite Gas Field off Cyprus Advances as Partners Approve FEED Phase

Dec 23, 2025

Partners in the Aphrodite natural gas reservoir offshore Cyprus have approved the start of front-end engineering and design (FEED) work for the field's production systems and export infrastructure.The decision, taken on December 22, 2025, clears the way for FEED spending of about $105…

Gulf Marine Hooks Multi-Year Jack-Up Vessels Charter in Europe

Dec 23, 2025

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has secured a contract covering two of its large-class vessels in Europe.The contract spans a total of 1624 days and will see the vessels continue to support offshore operations across the region…

Mooreast, GMC Eye North Sea Offshore Wind and O&G Opportunities

Dec 23, 2025

Singapore-based Mooreast Holdings has signed a memorandum of understanding with Norway-based rigging and industrial services group GMC Holdings to explore offshore wind and oil and gas opportunities in Norway and the wider North Sea.Under the non-binding agreement…

Equinor Halts Activities on Empire Wind Project After US Stop-Work Order

Dec 23, 2025

Equinor said it is complying with a stop-work order issued by the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM), which ordered the suspension of offshore construction activities on the Empire Wind project citing national security concerns…

DOF Bags Two Deals in Asia-Pacific Region

Dec 23, 2025

Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance…

Subsea7 Gets Gulf of America Transport and Installation Job

Dec 23, 2025

Subsea7 has secured a sizeable contract by LLOG Exploration Offshore for the Buckskin South Expansion project in the Gulf of America.The Buckskin field is located approximately 305 kilometres off the coast of Texas, in the United States.The…

Norway’s Snøhvit Future Gas Project Hits Delay as Costs Rise

Dec 23, 2025

Estimates for progress and costs at Norway’s Snøhvit Future project have been revised, with the gas project delayed and projected costs rising by around $390 million (NOK 4 billion) compared with 2024.The Snøhvit Future project, which includes…

Norway’s November Oil and Gas Output Tops Forecast

Dec 23, 2025

Norway's combined oil and gas production beat an official forecast by 0.9% in November, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

Dominion Energy Responds to US Suspension of Coastal Virginia Offshore Wind

Dec 22, 2025

Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project:'The Coastal Virginia Offshore…

Trump Freezes Five Offshore Wind Projects, Company Shares Plummet

Dec 22, 2025

The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending shares of offshore wind companies plunging…

CNOOC Launches New Offshore Oil Development in Southern China

Dec 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought the Xijiang Oilfields 24 Block Development Project on stream in the shallow waters of the Pearl River Mouth Basin, marking the start of production at the offshore project…

Seatrium and Maersk Settle $475M WTIV Dispute

Dec 22, 2025

Singapore-based Seatrium has resolved its dispute with an affiliate of Maersk Offshore Wind, over the delivery of a wind turbine installation vessel (WTIV), originally intended for Equinor’s Empire Wind 1 project in the United States.Under the…

Lamprell Lands Four Offshore EPCI Contracts in Saudi Arabia

Dec 22, 2025

Offshore construction firm Lamprell has secured four engineering, procurement, construction and installation (EPCI) contracts earlier in the Kingdom of Saudi Arabia.Across the four projects, Lamprell’s combined scope includes the installation of new platforms…

Shearwater Set to Start Multi-Client Survey Offshore Nigeria

Dec 22, 2025

Offshore seismic services firm Shearwater Geoservices has finalized the preparations for the upcoming start of a new multi-client seismic project offshore Nigeria.The 3D survey is backed by significant industry funding and will be executed in…

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