Industry News

 

Orsted Plans to Complete Sunrise Wind Project in Second Half of 2027

Oct 07, 2025

Danish offshore wind developer Orsted maintains a plan to complete its offshore Sunrise Wind project in the United States in the second half of 2027, the company's CEO Rasmus Errboe told reporters on Tuesday.Orsted has meanwhile fully resumed work on the 80% complete U…

OPEC+ Output Surge Tests Oil Market’s Shock Absorbers

Oct 06, 2025

OPEC+'s continued oil output increases are eroding the group's spare production capacity, a vital cushion that has helped to mitigate volatility in recent years. Energy traders may therefore face rockier days ahead.The prevailing belief in oil…

Europa Oil & Gas Eyes 2026 Drilling with PSC Extension in Equatorial Guinea

Oct 06, 2025

Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the Barracuda prospect set for 2026…

TotalEnergies Names Senior Vice-President for Oil and Gas Exploration

Oct 06, 2025

TotalEnergies has appointed Nicola Mavilla as Senior Vice President Exploration.Effective November 1, 2025, Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015.Mavilla has 25 years of experience in the oil and gas…

FET to Deliver Work-Class ROV to DOF for Brazil Ops

Oct 06, 2025

Subsea robotics firm Forum Energy Technologies (FET) has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system.The equipment will support extensive subsea operations in Brazil conducted by DOF…

First Gennaker Offshore Substation Rolls Out of Smulders Yard (Video)

Oct 06, 2025

The first of the two planned offshore substations for Skyborn Renewables’ 976.5 MW Gennaker offshore wind farm has been moved out of the construction hall at the Smulders yard in Vlissingen, the Netherlands.OSS Darß is the first of the two platforms being developed by HSI consortium…

Shell’s Brazil-Bound FPSO Starts Taking Shape

Oct 06, 2025

MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…

ABL to Support Installation of UK’s Offshore ‘Electricity Superhighway’ Link

Oct 06, 2025

Energy and marine consultancy ABL, a subsidiary of ABL Group, has secured a contract by Eastern Green Link 2 (EGL2), to provide marine warranty survey services to support the installation of the 2 GW Eastern Green Link 2 link between Scotland and England…

Court Rules Biden Ban on Offshore Drilling Illegal

Oct 06, 2025

Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal judge in Louisiana ruled on Thursday.U.S. District Judge James Cain in Lake Charles…

QatarEnergy Acquires Interest in Egypt Block

Oct 05, 2025

QatarEnergy agreed with Shell to acquire a 27% participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.QatarEnergy has in recent years acquired stakes in oil and gas basins including in Guyana…

Eni Resumes Drilling Northwest of Libya After Five Year Hiatus

Oct 05, 2025

The North African branch of Italian energy company Eni has resumed its exploration drilling in an offshore area northwest of Libya after a five-year hiatus, the Libyan state-run National Oil Corporation (NOC) said on Sunday.In 2024, Eni and…

Japan Picks Two New Areas for Offshore Wind Development

Oct 03, 2025

The Japanese government said on Friday it had designated two sites off the coast of Akita and Fukuoka prefectures as 'promising zones' for developing offshore wind farms.Japan wants to accelerate renewable energy development to reach carbon neutrality by 2050…

SHI’s 15MW Floating Wind Platform Gets ABS Approval

Oct 03, 2025

American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its SnapWind Float, a new design of a semi-submersible-type floating offshore wind turbine.The SnapWind Float is designed for next-generation 15 MW offshore wind turbines…

AI Push: SBM Offshore to Rolls Out Cognite Platform Fleet-Wide in Brazil

Oct 03, 2025

SBM Offshore, an FPSO solutions specialist, and Cognite, an industrial AI company, have announced an acceleration of their strategic partnership to deploy Cognite’s data and AI platform across SBM Offshore’s entire Brazilian fleet.The initiative…

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

Oct 03, 2025

Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Wood Nets Long-Term Maintenanc

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

TechnipFMC to Supply Subsea Sy

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