Danish marine equipment supplier Svanehoj has secured its first contract to supply LNG tank gauging systems for the conversion of a liquefied natural gas (LNG) carrier into a floating storage unit (FSU).The company will deliver four LNG density…
DOF Group has secured a contract from TotalEnergies to provide subsea construction and mooring services for the floating storage and offloading (FSO) Unity Replacement Project.The contract covers engineering, transportation and installation of mooring systems…
EnergyPathways has launched the work program for its MESH offshore energy storage project after formally accepting a gas storage license for the development in the East Irish Sea.The company plans to carry out a site survey in the third quarter of 2026 to collect environmental…
MacGregor has secured a series of offshore load handling modernization and upgrade contracts during the first half of 2026, strengthening its position in the offshore services market.The contracts, booked in the company's first- and second-quarter 2026 order intake…
Norway's Føn Energy Services has secured a multi-year, multi-million-dollar contract from Baltic Power to provide operations and maintenance (O&M) services for the Baltic Power offshore wind farm in Poland.The long-term agreement, which includes extension options…
Woodside Energy has completed the transfer of operatorship of the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV) from Esso Australia Resources, taking over operation of one of Australia's largest domestic gas-producing asset portfolios…
Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners.Located in Paramaribo…
DNV has completed an independent technical review of Fred Olsen 1848's BRIZO floating solar system, supporting the technology's progress toward project development, bankability discussions and future commercial deployment.The BRIZO floating photovoltaic (FPV) system is designed to operate in inland…
Aker Solutions has been awarded a substantial contract to deliver a high-voltage direct current (HVDC) substructure for a European offshore wind project by an undisclosed customer.The company's scope of work includes engineering, procurement and construction…
Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…
Italian energy major Eni and commodities trading group Mercuria have signed an agreement to establish an equally owned joint venture to oversee energy commodities trading activities across global energy markets.The joint venture will operate…
Offshore drilling contractor Transocean has signed a conditional agreement with Equinor for the use of three harsh-environment semi-submersible rigs on the Norwegian continental shelf, adding more than $1 billion to its contract backlog.The agreement…
Sable Offshore Corp. announced plans to raise up to $400 million through concurrent public offerings of common stock and convertible senior notes as the offshore energy company moves to refinance existing debt and strengthen its balance sheet…
Houston-based Nauticus Robotics has strengthened its balance sheet through a debt-for-equity exchange that eliminates approximately $4 million in outstanding debt while increasing shareholders' equity.The company announced June 30 that an existing lender agreed to convert approximately $4…
SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley initiative to support applied research, technology deployment and digital innovation programs aligned with Kuwait's long-term energy objectives…
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