Industry News

 

Dutch Government to Grant $1.18b in Subsidies for Offshore Wind Farms

Sep 16, 2025

The Dutch government will grant around 1 billion euros ($1.18 billion) in subsidies next year for the construction of offshore wind farms with a total capacity of 2 gigawatt (GW), it said on Tuesday.Tenders for the wind farms had been put on hold in May…

Brownfield Output Decline Accelerates, says IEA

Sep 16, 2025

The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat…

Future is Here: Smart Drones Take on Wave Energy Plant Upkeep (Video)

Sep 16, 2025

Onshore wave energy technology developer Eco Wave Power has partnered with BladeRanger, an automated drone-based cleaning and diagnostics specialist, to introduce drones for the maintenance of its wave energy systems.The collaboration was demonstrated…

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Sep 16, 2025

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.The rig has been transferred to PV Drilling’s technical team in Denmark…

Mammoet, Tugdock Form Strategic Partnership for Offshore Platform Tech

Sep 16, 2025

Mammoet has entered into a strategic partnership with Tugdock Submersible Platforms to expand the use of the Tugdock Submersible Platform (TSP), a technology which improves buoyancy, stability and load transfer activities in marine transport operations…

Eni, OCTP Partners Set to Boost Ghana Oil and Gas Production

Sep 16, 2025

Eni, together with its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), has signed a Memorandum of Intent with the Government of Ghana, targeting the country’s oil and gas production increase and new sustainable initiatives…

Roll Group Welcomes Wide Deck Carrier to Its Fleet

Sep 16, 2025

Roll Group has signed the long-term charter of the wide deck carrier Bigroll KMC Beaumont from its partner KMC Bluewhale.The vessel was delivered in Singapore and will immediately begin operations to support of Roll Group’s expanding global project logistics and transportation services…

UK's Port of Tyne Unveils $200M Upgrade Plan to Back Offshore Wind

Sep 16, 2025

The Port of Tyne has unveiled plans to invest around $200 million to redevelop 230 acres into the Tyne Clean Energy Park, adding 400 meters of deep-water quayside to support offshore renewables, clean energy and advanced manufacturing.The project could create up to 12…

SRE Picks Siemens Gamesa Turbines for Formosa 4 Offshore Wind Farm

Sep 16, 2025

Synera Renewable Energy (SRE) Group has selected Siemens Gamesa to supply 35 of its 14 MW wind turbines for the 495 MW Formosa 4 offshore wind project, off the west coast of Taiwan.The turbines will be provided from Siemens Gamesa’s industrial nacelle factory in Taichung…

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Sep 16, 2025

Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal.ABB ’s integrated electrical…

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

Sep 16, 2025

Aquaterra Energy, a leader in offshore engineering solutions, has secured multiple offshore analysis contracts with INPEX Masela, a subsidiary of INPEX Corporation, to support the upcoming subsea drilling campaigns offshore Indonesia.Under the contract…

Perenco Launches Reactivation Program for Two Mothballed Capos Basin Fields

Sep 16, 2025

Perenco has started active field reactivation program for the Cherne and Bagre fields in Campos Basin, acquired from Petrobras earlier in 2025, helping meet the industry’s mature field challenges and unlocking in excess of 50 mmstb of reserves…

Woodside Marks Construction Milestone at $17.5B Louisiana LNG Scheme

Sep 16, 2025

Australian oil and gas firm Woodside Energy has marked rapid progress on its $17.5 billion Louisiana LNG project, with construction on the first of three liquefaction trains already more than 22% complete since the final investment decision in April…

PRIO to Start Wahoo FPSO Subsea Works, First Oil March-April 2026

Sep 16, 2025

Brazilian oil and gas firm PRIO has secured the installation license from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for the Wahoo field production development system and interconnection of the wells to the Frade floating production…

GATE Energy Takes on Full Commissioning Scope for BP’s Kaskida FPU

Sep 16, 2025

Houston-based company GATE Energy has signed a contract to provide commissioning services for BP’s Kaskida Floating Production Unit (FPU), in close collaboration with Seatrium, the engineering, procurement, and construction (EPC) solutions provider for the project…

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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