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CHC Helicopter Wins Equinor’s Crew Change Contract for Brazilian Field

Mar 04, 2026

CHC do Brazil, part of CHC Helicopter, has been awarded a contract by Equinor to provide crew change support for the Bacalhau field offshore Brazil.The contract began at the start of February 2026. Under the agreement, CHC is operating an S…

Strategic Marine Delivers First Supa Swath CTVs to Mainprize Offshore

Mar 04, 2026

Strategic Marine has delivered the first two Supa Swath crew transfer vessels (CTVs) to Mainprize Offshore, marking the initial handover under a multi-vessel contract signed at in June 2024.The deliveries represent the first two vessels in a program covering six Supa Swath vessels…

QatarEnergy Declares Force Majeure with LNG Production Still on Hold

Mar 04, 2026

QatarEnergy has declared Force Majeure to its affected buyers, following the decision to stop the production of liquefied natural gas (LNG) and associated products as a consequence of Israel-U.S. war with Iran.“QatarEnergy values its relationships…

Japan’s Largest Offshore Wind Farm Starts Commercial Operations

Mar 04, 2026

Japan’s largest offshore wind farm, the 220 MW Kitakyushu Hibikinada, has started commercial operations.The offshore wind farm, consisting of 25 turbines with 9.6 MW capacity each, entered commercial operations on March 2, 2026.Located offshore of Wakamatsu Ward in Kitakyushu City…

First Turbine Goes Up at Denmark’s Thor Offshore Wind Farm

Mar 04, 2026

The first turbine at the 1.1 GW Thor offshore wind farm, being developed by RWE and Norges Bank Investment Management, has been installed in the Danish North Sea.Installation work at the project site, located about 22 km off the west coast of Jutland…

NYK Advances Design of Subsea Cable-Laying Vessel

Mar 04, 2026

Japanese shipping major NYK Line has completed the basic design of a new long-distance subsea cable-laying vessel intended to support the development of Japan’s future high-voltage direct current (HVDC) transmission network, marking a key milestone…

NKT Signs Record $2.5B Contract for UK’s Eastern Green Link 3

Mar 04, 2026

Danish power cable maker NKT has signed a firm contract to deliver the high-voltage direct current (HVDC) power cable system for the Eastern Green Link 3 transmission project with a joint venture between National Grid Electricity Transmission and SSEN Transmission…

DOF Orders Four ROVs from FET

Mar 04, 2026

Forum Energy Technologies’ (FET) Subsea product line has secured a contract to provide four of its new generation work class remotely operated vehicles (ROV), the XLX EVO III, to long-term client DOF.The contract, signed in late August 2025…

PRIO Secures Final License to Start Production at Brazilian Offshore Field

Mar 04, 2026

Brazilian independent oil and gas firm PRIO has secured the operating license from the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) for the Wahoo pre-salt field in Campos Basin, offshore Brazil.With the issuance of the operating license…

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Mar 04, 2026

Malaysia’s oil and gas services firm Velesto has secured two contracts from Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, to support its deepwater operations offshore Sabah in Malaysia.The contracts were awarded to Velesto’s subsidiary…

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Mar 04, 2026

Subsea7 has secured a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye.The award represents an extension to the contract announced…

Asia’s Oil Reliance on Middle East Explained

Mar 04, 2026

Asia depends on oil and gas from the Middle East, sourcing 60% of its crude from the region, making it highly vulnerable if the Iran war causes a prolonged closure of the Strait of Hormuz supply route.How Much Middle Eastern Oil Does Asia Import…

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Mar 04, 2026

Oil prices rose 3% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could escort vessels through the Strait of Hormuz…

IMCA Launches New Career Support Network

Mar 03, 2026

The International Marine Contractors Association (IMCA) has launched the IMCA Next Generation Network – a global, member-led network that will support the development of early career professionals.Designed to strengthen development pathways for junior workers in the marine construction sector…

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

Mar 03, 2026

DRIFT Energy, a leader in ocean-based renewable energy, has signed a collaboration agreement with Enapter to adapt the design of their Anion Exchange Membrane (AEM) electrolyzer technology for deployment at sea. The agreement was formalized during a visit by DRIFT’s CEO…

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