Job Cuts News

 

SBM Offshore Nets Lease Extensions for Angola FPSOs with ExxonMobil Unit

Dec 18, 2025

SBM Offshore has signed a contract extension related to the lease and operation of floating production, storage and offloading (FPSO) units Mondo and Saxi Batuque with ExxonMobil’s Angolan subsidiary.The extension secures ownership and operations…

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Dec 17, 2025

Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Dec 17, 2025

North Sea-focussed oil producer EnQuest said on Wednesday it expects to meet or exceed the upper end of its 2025 output forecast of 40,000–45,000 barrels of oil equivalent per day (boepd) as it steps up expansion in Southeast Asia.The company…

Jan De Nul Wraps Up Cable Installation Job for TenneT’s DolWin Platform

Dec 15, 2025

Belgian offshore contractor Jan De Nul has concluded the 2025 transport and installation campaign of three HVAC grid connection cables at TenneT’s DolWin kappa platform.When finalized, these cables will ensure the transport of almost 660 MW renewable electricity from two offshore wind farms…

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Dec 12, 2025

Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas…

Deepsea Mira Semi-Sub Up for Shell’s Drilling Job off Namibia

Dec 12, 2025

Shell has booked Northern Ocean’s Deepsea Mira semi-submersible rig for a drilling campaign offshore Namibia.The Odfjell Drilling-managed rig has been scheduled to start operations in Namibia in April 2026.The contract covers one firm well and includes one optional well…

Harbour Energy Bolsters North Sea Output with Waldorf Assets Buy

Dec 12, 2025

Harbour Energy has agreed to acquire all the subsidiaries of Waldorf Energy Partners and Waldorf Production for $170 million, strengthening its position in the UK North Sea and adding oil-weighted production.The assets are being acquired from administration…

DEME Set for Monopiles, Cables Installation Job at Polish Offshore Wind Farm

Dec 11, 2025

DEME has secured three contracts for the installation of monopile foundations, inter-array cables, and the export cable at the BC-Wind offshore wind farm in Poland.The combined contracts are valued between $174 million and $350 million (€150 million and 300 million)…

TGS Gets Streamer 4D Job Offshore Brazil

Dec 11, 2025

Energy data and intelligence firm TGS has secured a streamer 4D contract in the Campos Basin, offshore Brazil.A Ramform vessel is scheduled to mobilize for the survey in the second half of 2026, with the contract expected to last approximately 75 days…

Thistle Wind Partners Submits Plans for Bowdun Offshore Wind Farm

Dec 10, 2025

Bowdun Offshore Wind Farm, planned for 44 km off Stonehaven in North East Scotland, has submitted the application for planning permission in principle for the onshore infrastructure of the Project to Aberdeenshire Council. The submission covers the elements from the landfall point near Benholm…

NSTA Opens UK’s Second Carbon Storage Licensing Round

Dec 10, 2025

The North Sea Transition Authority (NSTA) has opened a carbon storage licensing round offering 14 locations in Scottish and English waters for exploration and appraisal, and with potential to provide future capacity to support industrial decarbonization for the U…

Orbital Marine Power Secures $9.31m Investment

Dec 09, 2025

Orbital Marine Power Ltd, operator of the world’s most powerful tidal turbine, has secured a multi-million dollar investment to advance its international commercial projects and contribute to the wider decarbonization of energy.PXN Ventures…

CorPower Ocean Takes Charge of $35M Wave Energy Project off UK

Dec 09, 2025

Swedish wave energy developer CorPower Ocean has been put in charge of $35 million (€30 million) European project aimed at improving the competitiveness and bankability of wave energy farms, with large-scale validation work planned in U.K. waters…

TechnipFMC Gets Ithaca Energy’s Job at Captain Field off UK

Dec 09, 2025

TechnipFMC has been awarded a significant contract by Ithaca Energy to deliver flexible risers, flowlines and associated subsea hardware for the Captain field development in the UK North Sea, the company said on Monday.The contract, classified…

Transocean’s Ultra-Deepwater Drillship Up for $130M Australian Job

Dec 09, 2025

Offshore drilling contractor Transocean has signed a six-well contract with an undisclosed operator for its Deepwater Skyros drillship, offshore Australia.The estimated 320-day campaign is expected to start in the first quarter of 2027 and contribute approximately $130 million in backlog…

Current News

Namibia will not recognise TotalEnergies and Petrobras due to non-compliance with procedure

Namibia will not recognise Tot

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

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