Offshore Engineer Industry News News - page 6

 

Caturus Takes FID on Commonwealth LNG Project in Louisiana

May 15, 2026

Caturus has taken a final investment decision on its Commonwealth LNG export project in Louisiana after securing $9.75 billion in project financing for the 9.5 million tonnes per annum facility, with partners Mubadala Energy, Kimmeridge and CPP Investments…

BP Weighs Sale of Egyptian Gas Assets, Sources Say

May 15, 2026

Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told Reuters, as new CEO Meg O'Neill restructures the group to cut debt and refocus on more profitable projects.BP has invested more than $35 billion in Egypt over six decades…

Taihan Buys Cable Laying Vessel from DOF

May 14, 2026

Taihan Cable & Solution has acquired a second cable laying vessel (CLV) from DOF Group to strengthen its offshore wind and subsea power cable installation capabilities amid growing global demand for grid interconnection infrastructure.The South…

DNV Calls for Stronger AI Assurance in Energy Grids

May 14, 2026

DNV, the independent expert and assurance provider, has launched a new position paper on managing artificial intelligence (AI) system risk stating that digital trust would be critical to safely scaling AI across energy networks as power systems become increasingly automated and data-driven…

Cadeler Installs First Monopile at Ørsted’s Hornsea 3 Offshore Wind Farm

May 14, 2026

Cadeler has completed the installation of the first fully commissioned monopile foundation at Ørsted’s Hornsea 3 offshore wind farm in the UK, marking a major milestone in the execution of one of the world’s largest offshore wind developments…

ABL Nets Brazil Job Tied to Mero Offshore Oil and Gas Projects

May 14, 2026

ABL Energy & Marine Consultants Brasil has been appointed marine warranty surveyor (MWS) for Subsea7’s transportation and installation campaign covering SURF infrastructure for the Mero 3 and Mero 4 offshore developments in Brazil’s Santos Basin…

Türkiye Targets First Offshore Wind Tender as 2026 Set to Be 'Year of Wind'

May 14, 2026

Türkiye has announced plans to launch its first offshore wind Renewable Energy Resource Area (YEKA) tender after completing permitting processes for four identified offshore sites, Energy and Natural Resources Minister Alparslan Bayraktar said…

Stamper Gets License Extension Offshore Namibia

May 14, 2026

Stamper Oil & Gas has received an extension for Petroleum Exploration Licence (PEL) 102 offshore Namibia while continuing technical and strategic work across its offshore exploration portfolio amid increasing industry activity in the region…

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

May 14, 2026

Vietnam’s PV Drilling has signed a contract with Russia's Zarubezhneft EP Vietnam to provide jack-up drilling unit services for its 2026 development drilling campaign in Block 12/11 offshore Vietnam.Under the agreement, a jack-up rig will be…

Norway’s Hammerfest LNG Set for Restart After Valve Repairs

May 14, 2026

Norway's Hammerfest LNG export terminal is undergoing repairs for a mechanical fault in a valve that halted production last week, a spokesperson for operator Equinor said on Tuesday.Europe's largest export terminal for liquefied natural gas (LNG)…

Oil Edges Higher as Markets Watch US-China Summit

May 14, 2026

Oil prices edged up on Thursday, with markets focusing on the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive results towards a resolution for the Iran war.Trump is…

Trey Stolz Named as Guice Offshore CFO

May 13, 2026

Guice Offshore, a leader in the offshore maritime mini supply vessel specialty market, announced the appointment of veteran energy finance executive Trey Stolz as Chief Financial Officer. Stolz brings more than 20 years of experience as an investment…

Hard-to-Abate Reality Check: DNV on CCS Growth, Costs, and the Policy Gap

May 13, 2026

Carbon capture and storage (CCS) has moved beyond theoretical climate modelling into the realm of infrastructure planning, capital allocation, and regulatory design. DNV’s latest Energy Transition Outlook for CCS characterizes 2025 as a critical year…

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

May 13, 2026

Konecranes has received an order from Westcon Helgeland, a Norwegian provider of ship repair, rig maintenance and equipment fabrication for the oil industry, for two double girder overhead cranes at its new production facility in Nesna, Norway…

Longitude to Integrate SynergenOG Following ABL Group Acquisition

May 13, 2026

Consultancy firm ABL Group has agreed to acquire Malaysia-based process safety and technical risk consultancy SynergenOG, expanding its engineering and risk management capabilities for the energy sector.ABL Group said SynergenOG would be integrated…

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