Industry News

 

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Apr 16, 2025

Indonesia awarded five oil and gas blocks to companies, its energy ministry said on Wednesday, as it attempts to replenish its oil and gas reserves and improve its energy security.Over the coming years, the government plans to offer nearly 60…

Cerulean Winds Forms Executive Team for Floating Wind Farms Delivery

Apr 16, 2025

Cerulean Winds, the lead developer of the Aspen, Beech and Cedar floating offshore wind farms, has appointed two new senior executives to help shape the future of the company.Tom Scrope joins as Cerulean Winds’ first Chief Financial Officer (CFO)…

Kim Heng’s Rebuilt Geotechnical Survey Vessel Sets Sail

Apr 16, 2025

Singapore's offshore services firm Kim Heng has held a christening ceremony for the Bridgewater Discovery, a DP2 geotechnical survey vessel, rebuilt in 2024.With the Bridgewater Discovery vessel, Kim Heng has marked another milestone in its expansion into the renewable business sector…

Purus’ CSOV Newbuild Ready for Offshore Wind Ops (Video)

Apr 16, 2025

Purus’ new commissioning service operation vessel (CSOV), built by Vard, has completed sea trials and will soon embark on its maiden offshore wind job for Vestas.The owner and and operator of service operation vessel Purus has informed its first of the two CSOV vessel…

Lamprell Extends Long-Term Offshore Contract with Aramco

Apr 16, 2025

Offshore construction firm Lamprell has secured an extension of its longstanding offshore long-term agreement with Aramco, strengthening strategic collaboration ongoing since 2018.The renewal reaffirms Lamprell’s technical and operational expertise…

Malaysian Firm Enters Cable Laying Business with Vessel Acquisition

Apr 16, 2025

Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has set out plans to acquire a newly-built DP2 cable-laying barge for $20.5 million, marking its expansion into cable laying market.The 98-meter-long barge…

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Apr 16, 2025

Malaysia-based offshore services firm Sapura Energy, through its Offshore Support Vessel & Geosciences business, has secured multiple vessel contracts in Malaysia and Thailand, worth around $22.6 million.The newly secured contract will keep…

GAO Calls for Better Offshore Wind Project Oversight

Apr 15, 2025

The US Government Accountability Office (GAO) has made recommendations aimed at improving the Department of Interior’s oversight of offshore wind projects.The Department of the Interior and other federal agencies are supposed to work with Tribes…

Spat Delays Dismantling of FPSO in Brazil

Apr 15, 2025

A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said, in a setback for local shipyards.The operation…

Kuwait Launches Merger of State Oil Firms KNPC and KIPIC

Apr 15, 2025

Kuwait has begun taking executive steps to merge two of its state-owned oil firms, news agency Kuna reported on Tuesday, as the OPEC producer seeks to restructure its energy industry.Kuwait National Petroleum Company (KNPC) plans to acquire Kuwait Integrated Petroleum Industries Company (KIPIC)…

Incat Crowther-Designed CTV Ready to Set Sail for Japanese Operator

Apr 15, 2025

Japanese operator Tokyo Kisen has taken delivery of the first of two new bespoke crew transfer vessels (CTVs), designed by Incat Crowther, which will be put to service Japan’s growing offshore wind energy sector.Constructed by Cheoy Lee shipyard in China…

MHI, SBM to Study Application of CO2 Capture Modules for Petrobras’ FPSOs

Apr 15, 2025

Mitsubishi Heavy Industries (MHI) and Single Buoy Moorings, the subsidiary of SBM Offshore, have agreed to conduct a study for the application of CO2 capture modules on future floating production storage and offloading vessels (FPSOs) for Petrobras…

TotalEnergies Inks 15-Year LNG Supply Deal for Dominican Republic

Apr 15, 2025

TotalEnergies has signed an agreement with Energia Natural Dominicana (ENADOM), the joint venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year.Subject to the finalization of the supply purchase agreements (SPAs)…

Fugro Cuts Jobs and Scales Back US Operations

Apr 15, 2025

Dutch geodata firm Fugro on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects…

Saipem Firms Up Charter Option for Deep Value Driller Drillship

Apr 15, 2025

Saipem has entered into an amended bareboat charter with Deep Value Driller for the seventh-generation drillship Deep Value Driller.Earlier in 2025, the charterer, Saipem, was granted an option until April 14, 2025 to enter into an amended bareboat charter for the Deep Value Driller drillship…

Current News

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

DOF Bags Multiple Vessel Deals

Ithaca Extends Stay of Prosafe’s Safe Caledonia Flotel in Norh Sea

Ithaca Extends Stay of Prosafe

New Chief Takes Reins at Dolphin Drilling

New Chief Takes Reins at Dolph

Israel Greenlights Major Natural Gas Deal with Egypt

Israel Greenlights Major Natur

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine