Industry News

 

HSM Offshore Energy Gets East Anglia TWO Substation Contract

Apr 08, 2025

ScottishPower Renewables, part of the Iberdrola, has awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract for its East Anglia TWO offshore substation and jacket foundation to HSM Offshore Energy…

Shell Hires Stena Drillship for Job Offshore Suriname

Apr 08, 2025

Shell, through its subsidiaries, has awarded a contract to Stena Drilling for the Mobile Offshore Drilling Unit (MODU) Stena DrillMAX, which will be put to work offshore Suriname.KE STP Company and BG International Limited Suriname Branch, subsidiaries of Shell…

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Apr 08, 2025

Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.Borr Drilling secured new contract awards for the rigs Thor…

ADES Signs Long-Term Deal for One of its Suspended Offshore Jack-Ups

Apr 08, 2025

Saudi oil and gas drilling contractor ADES Holding has signed a 10-year contract renewal for one of its standard offshore jack-up rigs, which was among the suspended rigs previously operating in the Kingdom of Saudi Arabia.The standard jack-up is currently fulfilling a medium-term contract in Egypt…

UK Firm Nets Fire Safety Contract at Polish Offshore Wind Farms

Apr 07, 2025

Blaze Manufacturing Solutions, a provider of fire safety solutions, has been awarded significant contracts by IEMANTS to design, supply, and commission the fire alarm and extinguishing systems for the Baltyk 2 and 3 offshore substations.The contract encompasses the design…

Tyra II Gas Development Set to Go Full Steam from Next Week

Apr 07, 2025

The Tyra II project in the North Sea, Denmark’s largest offshore gas development, is expected to start operating at its full capacity from next week, following the issues with the equipment which have restricted its production.Since March 4…

TGS Gets Shallow-Water OBN Job off Trinidad

Apr 07, 2025

Norwegian seismic firm TGS has secured a shallow-water ocean bottom node (OBN) acquisition contract offshore Trinidad.The 3D baseline contract is scheduled to begin in early third quarter of 2025.The total duration of the survey is approximately 80 days…

Borr Drilling’s Rig Up for 120-Day Drilling Campaign off West Africa

Apr 07, 2025

Lime Petroleum, a subsidiary of Rex International, has signed a contract with Borr Drilling’s affiliate Borr Gerd Limited for a jack-up drilling rig, which will be used in a campaign offshore Benin in West Africa.Lime Petroleum signed up the…

US Set for Oil and Gas Lease Round in Gulf of Mexico

Apr 07, 2025

The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed notice of it in June, the Interior Department said on Friday.The auction of drilling…

Shell Cuts First-Quarter LNG Production Outlook

Apr 07, 2025

Shell lowered its first-quarter liquefied natural gas (LNG) production outlook in a trading update on Monday, citing the impact of bad weather in Australia, before it publishes results on May 2.The British company guided for LNG output to reach between 6…

Woodside Sells Louisiana LNG Stake to Stonepeak for $5.7B

Apr 07, 2025

Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…

US Offshore Wind Projects Slow

Apr 06, 2025

Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump's administration.Offshore wind was a key pillar of former President…

Petrobras Completes Veterinary Center Required for Offshore License

Apr 06, 2025

Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday.The animal care center in the town of Oiapoque…

NOIA: Joe Leimkuhler Elected as Chair, Eric Zimmermann Appointed as Vice Chair

Apr 04, 2025

The National Ocean Industries Association (NOIA) Board of Directors has elected Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, as the NOIA Chair for the 2025-2026 term. Eric Zimmermann, Chief Operating Officer of LLOG, was elected as the 2025-2026 Vice Chair…

Eneos Scoops Jack-Up Drilling Contract Offshore Vietnam

Apr 04, 2025

Japan's Eneos Drilling, a subsidiary of Eneos Xplora, has entered into a drilling contract with Japan Vietnam Petroleum Company for the jack-up rig HAKURYU-14, for work offshore Vietnam.The rig will be deployed Block 15-2, offshore Vung Tau…

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