Shipbuilder Damen and Windcat, part of maritime group CMB.TECH, have launched the Windcat Amsterdam, marking the arrival of the first Elevation series commissioning service operation vessel (CSOV) in European waters.The vessel was developed…
Baker Hughes has secured a contract to supply gas compression and power generation technology for ST LNG’s proposed 8.4 million tonnes per annum liquefied natural gas export terminal offshore Matagorda in Texas.Under the agreement, Baker Hughes…
Constellation Oil Services, an offshore oil and gas drilling services provider in Brazil, has reported adjusted EBITDA of $233 million for 2025, exceeding its initial guidance by 37%, driven by strong fleet utilization and improved contract economics…
GeoForce Technical Services, part of Oceanscan and Venterra Group, has been selected by Reach Subsea to deliver geotechnical survey work for the Shetland HVDC Link 2 project, a subsea power connection aimed at strengthening Britain’s electricity transmission network…
War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting liquefied natural gas (LNG) trains, refineries, fuel terminals and critical gas-to-liquids facilities across the region…
ClassNK has granted Approval in Principle (AiP) for the design of a liquefied CO2 carrier intended to support a floating offshore carbon capture and storage (CCS) injection facility.The vessel is designed to serve a Socket SPAR unit, a floating…
SLB has expanded its collaboration with NVIDIA to develop artificial intelligence (AI) infrastructure and models aimed at large-scale deployment in the energy industry.The companies said the work will focus on modular data center design, development of an “AI Factory for Energy…
Mark Offshore has agreed with Klaipėda University to operate the research vessel Mintis, expanding its fleet and strengthening its position in offshore renewables and subsea support services.Under the agreement, the Lithuanian university has…
Saudi Arabian oil and gas drilling contractor ADES International Holding has reported it expects 44% rise in its core earnings in 2026, despite having several of its offshore rigs in the Gulf region temporarily suspended due to ongoing regional tensions…
Vestas has announced plans to build a nacelle and hub assembly factory in Scotland to support growing offshore wind demand in the U.K. and Europe.The proposed facility, with an investment exceeding $290 million, would manufacture nacelles and hubs for the company’s V236-15…
ScottishPower, through its parent company Iberdrola, has secured $800 million (£600 million) in financing from the UK’s National Wealth Fund to support the development of the Eastern Green Link 4 (EGL4) subsea power project.EGL4 is a planned…
Norwegian oil and gas firm OKEA has increased recoverable resource estimates for the Talisker West discovery at the Brage field in the North Sea following further subsurface evaluation.The company said P50 recoverable resources in the Talisker…
DOF Group has been awarded a contract by Norway’s transmission system operator Statnett for the replacement of high-voltage subsea power cables in Ofotfjorden, northern Norway.The contract, classified by DOF as substantial with a value between $25 million and $50 million…
Brazil's Petrobras will discuss a possible partnership with Mexico's Pemex during a visit to Mexico next month, Mexican President Claudia Sheinbaum said on Tuesday, after her Brazilian counterpart proposed joint projects in the Gulf of Mexico for the two state-run oil companies…
North Sea-focussed oil producer EnQuest maintained its 2026 production outlook on Wednesday, banking on investments in Britain and South East Asia, after Britain's windfall levies hit last year's post-tax profit.Like its rivals, EnQuestcontinues to face challenges from the UK's Energy Profits Levy…
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