Industry News

 

Floatel International Sells Laid Up Accommodation Rig

Mar 19, 2025

Offshore accommodation rig provider Floatel International has finalized the sale of semi-submersible accommodation rig Floatel Reliance, which has been in lay-up since April 2016.The firm contract follows the previously announced agreement in…

Subsea7 to Keep Solstad’s Normand Subsea Vessel Busy for Years

Mar 19, 2025

Norwegian offshore vessel owner Solstad Offshore has secured a contact with Subsea7 for its subsea construction support vessel (CSV) Normand Subsea.The duration of the contract is two-year firm and three yearly options, with the start on January 1…

Eni Boosts Gas Volumes at Baleine Project Off Côte d'Ivoire

Mar 19, 2025

Eni and Petroci have announced a significant increase in gas supply for Côte d'Ivoire’s power generation system from the Phase 2 of the Baleine offshore project.Launched in December 2024 on schedule, Phase 2 of the Baleine project marks another…

Portuguese Firm Hooks Work at Baltica 2 Offshore Wind Farm

Mar 19, 2025

Portuguese engineering company Etermar Energia has signed a contract Ørsted and PGE to deliver over 100 external platforms for the Baltica 2 offshore wind farm, marking its first major contract in the offshore wind industry.The contract covers…

Axess to Inspect Pipelines for TechnipFMC

Mar 19, 2025

Norway-based Axess Group has secured a frame agreement for inspection services with TechnipFMC related to the fabrication of pipelines in Norway.The scope of work encompasses inspection services related to the fabrication of pipelines at the Orkanger Spoolbase in Norway…

OEG’s Bluestream to Service TenneT’s Offshore Grid Connection Unit

Mar 19, 2025

Bestream Offshore, one of the companies in OEG Energy Group’s subsea division, has secured a contract by TenneT for the retrofit installation of a corrosion protection system for the SylWin alpha offshore converter station for the offshore grid connection SylWin1 in Germany…

T12 Engineering Secures Oil and Gas Equipment Supply Deal in Brazil

Mar 19, 2025

U.K.-based T12 Engineering has strengthened its international footprint, having secured a three-year framework agreement in Brazil with an independent oil and gas operator.This builds on the successful delivery of three key pieces of equipment…

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

Mar 19, 2025

Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495 MW Fengmiao I offshore wind project off the coast of Taichung in Taiwan.Fengmiao I project has secured an approximately $3…

Dutch Firms Cement Offshore Wind Collaboration

Mar 19, 2025

Offshore engineering specialist Enersea and EPCI management expert IX Renewables have signed a memorandum of understanding (MoU) to enhance collaboration in the offshore wind sector.IX Renewables specializes in EPCI management, offering technical…

GMS Nets Another Jack-Up Vessel Contract in Middle East

Mar 19, 2025

Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a new contract for an additional vessel in the Middle East.The contract, awarded by a major regional client whose name was not disclosed…

Triton FPSO Not Expected to Come Back Online Before May

Mar 19, 2025

U.K.-based oil firm Serica Energy has informed that Triton floating production storage and offloading (FPSO) unit is not expected to come back online before May 2025, as the company works on finding a long-term solution to stabilize production with the operator Dana Petroleum…

Eni to Sell Stakes in West African Oil and Gas Assets to Vitol for $1.65B

Mar 19, 2025

Vitol will acquire interests in certain assets owned by Eni, including including the Baleine project in Cote d’Ivoire and Congo LNG project in the Republic of Congo, for $1.65 billion.According to the agreement between the parties, Vitol will…

BW Offshore, Murphy Oil Agree Short-Term Extension for BW Pioneer FPSO

Mar 19, 2025

BW Offshore has signed a short-term extension agreement with a subsidiary of Murphy Oil Corporation, agreeing more time for the completion of sale of the floating production, storage, and offloading (FPSO) BW Pioneer.BW Offshore has signed a short-term extension agreement…

Enshore Subsea Gets Inch Cape Offshore Wind Export Cables Job

Mar 18, 2025

U.K.-based Enshore Subsea has secured the export cable installation contract for Inch Cape offshore wind farm, one of Scotland’s largest offshore wind farm projects.Inch Cape will have two 85 kilometer, 220kV, three-phase export cables which…

Argeo Concludes Work for TotalEnergies Offshore Namibia

Mar 18, 2025

Norwegian offshore services company Argeo has completed deepwater work at TotalEnergies’ Venus project, offshore Namibia, taking somewhat longer than expected.Argeo mobilized its Argeo Venture vessel for the job, which is now demobilizing in Walvis Bay…

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