Saipem has launched the LiSa Hyper Harness, a smart safety harness equipped with sensors and artificial intelligence designed to enhance worker safety during operations at height.The device monitors how workers connect to fall protection systems…
Ocean Power Technologies (OPT) has partnered with Mythos AI to integrate advanced artificial intelligence autonomy software across OPT’s WAM-V autonomous surface vehicles and PowerBuoy platforms.The partnership aims to enhance OPT’s operational…
Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales.The group’s net order book stood at about $12…
Dutch oil and gas services company SBM Offshore increased its annual earnings outlook for the second time this year on Thursday, lifting its shares, as operating performance improved.The Amsterdam-listed company reported a 26% increase in its directional revenue to $3…
Ocean services provider DeepOcean has been awarded a contract by Equinor to provide various subsea construction and installation activities as part of the Snorre Export and Import Gas Project (SNEIG) for offshore execution in 2026.The SNEIG project is part of the broader Snorre Expansion Project…
Aberdeen-based offshore energy industry services firm Three60 Energy has signed a new long-term contract with Vår Energi for the provision of temporary contract workers.The agreement, effective from 1 November 2025, represents a continued and valued partnership between the two companies…
Vår Energi has confirmed its Zagato oil discovery in the Barents Sea following successful results from appraisal well 7122/8-4 S, drilled just north of the Goliat field.The well, located in production license 229, about 90 kilometers from Hammerfest…
AGR resourcing services business, part of the ABL Group, has entered into a five-year frame agreement to deliver technical personnel and workforce to Vår Energi.Vår Energi is a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS)…
Norwegian offshore vessel owner Solstad Maritime has signed a contract award with an international subsea contractor for the Normand Sentinel contract support vessel (CSV).The firm contract will start early 2026 and will keep the Normand Sentinel fully committed until the end of 2027…
From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil LKOH.MM are attracting potential bidders as time runs out to clear deals before U.S. authorities enforce sanctions.The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace talks over Ukraine…
BP is in active negotiations with investment firm Stonepeak over the sale of its Castrol lubricants unit, according to two people with knowledge of the situation, in what would be a major step in meeting the energy company's $20 billion divestment goal…
Petrobras’ P-79 floating production, storage and offloading (FPSO) unit has departed South Korea’s Hanwha Ocean shipyard bound for Brazil’s Búzios field, where it will add 180,000 barrels-per-day production capacity by 2026.The P-79 set sail on November 11 from Hanwha Ocean shipyard in Geoje-Si…
Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite softer trends in its services business, a decline in small-scale fabrication activity and anticipated losses from the recently acquired Englobal business…
Join Seequent for a free webinar and a deep dive into offshore wind cable burial risk and ground modeling innovation.This session, in conjunction with Offshore Engineer, will offer actionable insights, live demos, and expert opinions on:Why…
TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis, announced its new look leadership team and strategic new senior appointments as the company prepares for further growth…
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