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.The multi-dimensional, two-year, reactivation program was designed to be executed in three linked stages with operational safety as the main guideline.The first step…
Fred. Olsen 1848 has unveiled the Tension Buoy, an adaptive mooring technology designed to overcome one of the main challenges of deploying floating solar on water bodies with large water level variations.Pairing floating solar with hydropower…
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process…
French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings.The order covers the production and installation of more than 30 units…
DOF Group has secured three new short-term contracts in Brazil.A major oil company with significant presence in Brazil has contracted Skandi Salvador and Geoholm for short-term engagements in the Espirito Santo and Santos Basin.Geoholm has been…
Compute Maritime, a London-based deep tech company and the developer of the world’s first generative AI tool for ship design, has taken charge of the U.K.-funded GenDSOM project to develop the next generation crew transfer vessel (CTV) with generative AI and additive manufacturing…
The Engineering Construction Industry Training Board (ECITB) has unveiled its new strategy, Leading Industry Learning, outlining how it will help to address skills shortages and support industry growth in Great Britain.The strategy sets out a five-year plan…
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…
Fugro has signed two three-year contracts with offshore energy services company Constellation to support deepwater exploration activities in Campos Basin and the emerging Equatorial Margin, two of Brazil’s most strategically important regions…
Global energy technology company SLB has acquired Stimline Digital, a cloud-based software company for the energy sector specializing in well intervention.Stimline Digital’s IDEX platform provides operators with a powerful visualization canvas…
Italian offshore services provider Next Geosolutions (NextGeo) has secured two new contracts from Prysmian, worth $23.5 million, to deliver its services for Bay of Biscay interconnection project and offshore wind farm developments in the Netherlands…
U.S.-based subsea services and technology firm Oceaneering has completed a major upgrade of its Ocean Intervention II oceanographic research vessel, equipping it to perform simultaneous autonomous offshore survey missions.The retrofit, carried out in early 2025 on the 25-year-old vessel…
Mozambique has created the necessary conditions for the resumption of TotalEnergies' $20 billion liquefied natural gas project in the country, the country's energy minister was quoted as saying by Portuguese news agency Lusa on Monday.TotalEnergies…
U.K.-based oil firm EnQuest has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields.The completion of the acquisition has confirmed EnQuest as operator of the fields in Block 12W…
Norwegian shipbuilder Vard has completed the upgrades on Island Offshore’s well intervention vessel Island Wellsaver.The extensive upgrade and maintenance operation project for the Island Wellsaver vessel included the replacement of the remotely operated vehicle (ROV) system…
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