Industry News

 

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Apr 02, 2026

Oil and gas producer Energean is spending about $10 million a month to keep its shut-in Israeli offshore operations on standby, and its more than $1 billion Katlan project will be delayed if the Iran war lasts beyond May, its CEO told Reuters…

Teledyne eXtreamer for Seismic Data Receives 2026 Spotlight on New Technology Award

Apr 01, 2026

Teledyne Geophysical Instruments, a division of Teledyne Marine, has announced that eXtreamer, its advanced small form factor seismic streamer, has received a 2026 Spotlight on New Technology Award, from the Offshore Technology Conference (OTC)…

Iran War Reshapes Global LNG Trade

Apr 01, 2026

The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Australia…

US Exempts Gulf of Mexico Drillers from Endangered Species Rules

Mar 31, 2026

A committee of senior officials in President Donald Trump's administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles.The decision…

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Mar 31, 2026

Located in Sydney, Nova Scotia, Canada, the Atlantic Canada Bulk Terminal (ACBT) has undergone a transformation to adapt its facilities to the evolving needs of the offshore wind industry. This evolution is vital for future Canadian Offshore Wind developments…

Prysmian Shares North American Leadership Transitions

Mar 31, 2026

Prysmian, a leader in energy and data wire and cabling solutions, recently announced changes to its leadership structure in North America to further strengthen the company’s market position in the region. 2025 marked the best year yet for Prysmian…

Romania Refuses to Sell Offshore Blocks for Black Sea Exploration Project

Mar 31, 2026

Romania is hindering further offshore gas exploration in the Black Sea by not auctioning off new blocks, the chief executive of an offshore gas project said on Tuesday.The European Union and NATO member has an estimated 200 billion cubic metres…

Petrobras Taps Fugro for Brazil’s First Licensed Offshore Wind Survey

Mar 31, 2026

Petrobras has selected Fugro to carry out a geotechnical site investigation for its Rio de Janeiro Offshore Wind Pilot Project, the first offshore wind development in South America to advance under a formal environmental licensing process.The…

Heerema Completes Installation of First Hornsea 3 Offshore Converter Station

Mar 31, 2026

Heerema Marine Contractors has completed the installation of the Hornsea 3 first jacket and offshore converter station in the North Sea ahead of schedule, marking a milestone for the UK offshore wind project.The work was carried out by the Sleipnir vessel…

Tekmar Secures $2.6M Offshore Wind Contracts in Japan

Mar 31, 2026

Offshore services firm Tekmar Group has secured two contracts worth a combined $2.6 million (£2 million) for an offshore wind farm project in Japan.The main contract involves the supply of Tekmar’s 10th generation cable protection technology directly to the wind farm developer…

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Mar 31, 2026

INPEX Corporation has extended a strategic collaboration agreement with PT Pertamina and signed a separate upstream memorandum of understanding (MoU) with its subsidiary PT Pertamina Hulu Energi, as it deepens its presence in Indonesia and Southeast Asia…

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

Mar 31, 2026

Chiyoda Corporation, NYK Line and Knutsen NYK Carbon Carriers (KNCC) have signed a memorandum of understanding to collaborate on carbon capture and storage (CCS) projects globally.Under the agreement, the companies will work together to expand CCS business opportunities in Japan and overseas…

Golden Pass LNG Reaches First Production Milestone in US

Mar 31, 2026

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has produced its first liquefied natural gas from the initial train of its export facility in Texas, marking a step toward full operations.The project, located in Sabine Pass…

BW Energy Inks Sale-Leaseback Deal for Jack-Up Rig

Mar 31, 2026

BW Energy has signed a sale and leaseback agreement with Minsheng Financial Leasing (MSFL) for the Jasmine Alpha jack‑up drilling rig.BW Energy will receive an $80 million cash consideration, strengthening financial flexibility while maintaining continued access to the unit…

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Mar 31, 2026

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has named and commissioned its multi-purpose jack-up rig PV DRILLING IX in Ho Chi Minh City, with operations expected to begin in April 2026.The rig, described by the company as a high-specification unit…

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