Latest News - page 17

 

PALFINGER to Supply Cranes for UK Offshore Wind Farm

Jul 22, 2026

PALFINGER has secured a contract from Smulders to supply 64 davit cranes for the East Anglia TWO offshore wind farm in the UK, extending its presence in one of Europe's largest offshore wind markets.The order covers one PF 160-5m davit crane for each of the project's 64 wind turbines…

ABL Gets Papua New Guinea FSO Job

Jul 22, 2026

ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply…

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Jul 22, 2026

Energean has commissioned the second oil train on its Energean Power floating production, storage and offloading (FPSO) vessel, increasing liquids processing capacity by 72% to 31,000 barrels per day at the Karish and Karish North fields offshore Israel…

INA Completes First Well in Adriatic Sea Drilling Campaign off Croatia

Jul 22, 2026

Croatian oil and gas company INA, part of MOL Group, has completed the Ana-4 DIR gas well in the northern Adriatic Sea, the first of five new wells planned under a $74 million (€65 million) drilling program aimed at expanding gas production offshore Croatia…

Uruguay Grants Chevron-Led Block Exploration Extension

Jul 22, 2026

Oil and gas company Sintana Energy has informed that the Uruguay's state-owned energy company ANCAP has approved a one-year extension to the initial exploration period for the AREA OFF-1 offshore block, giving the Chevron-led venture more time…

Sea1 Offshore’s First Offshore Energy Support Vessel Hits Water in China

Jul 22, 2026

Sea1 Offshore has launched the Sea1 Diamond, the first vessel in a series of four offshore energy support vessels under construction at COSCO Shipping.The float-out marks a key milestone in Sea1 Offshore's newbuild program, with the company…

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Jul 22, 2026

Oil prices rose to near six-week highs on Wednesday on mounting concerns about disruptions to key Middle Eastern supply routes because of escalating hostilities between the U.S. and Iran and threats to shipping by the Iran-backed Houthi militia in Yemen…

Saipem Secures $260M Drillship Deal with Eni in West Africa

Jul 22, 2026

Saipem has secured an offshore drilling contract worth approximately $260 million from Eni for a long-term development drilling campaign offshore Côte d'Ivoire.The contract will see the Santorini drillship deployed on the campaign from early 2027 under a firm drilling program…

Chevron Halts Petronius Output as Tropical Storm Nears

Jul 22, 2026

Chevron has shut in production at its Petronius platform in the U.S. Gulf of America and evacuated all associated personnel to shore as Tropical Storm Bertha approaches.The company said production from its other Chevron-operated assets in the Gulf remains at normal levels…

Equinor Profit Jumps on Wartime Energy Prices

Jul 22, 2026

Equinor on Wednesday reported a sharp rise in second-quarter profits, as expected, lifted by a surge in oil and gas prices as the war in the Middle East disrupted global energy supplies.The Norwegian group's adjusted earnings before tax for the April to June period rose to $11…

CorPower Gains World-First DNV Wave Energy Prototype Approval

Jul 21, 2026

CorPower Ocean has been awarded the world’s first DNV Prototype Certificate for a wave energy converter (WEC), marking a major leap towards bankable, utility-scale wave energy.The CorPower C4 has been certified by DNV under DNV-SE-0120, Certification of Wave Energy Converters and Arrays…

Norway's Offshore Oil, Gas Output Tops June Forecast

Jul 21, 2026

Norway's combined oil and gas production exceeded an official forecast by 3% in June, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Jul 21, 2026

ADNOC has made a $6.2 billion final investment decision (FID) to develop the Umm Shaif Gas Cap project offshore Abu Dhabi with partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC).The development is expected to produce…

Vår Energi, BlueNord Merger to Create Europe's Largest Independent Producer

Jul 21, 2026

Vår Energi and BlueNord have agreed to combine their businesses in a cash-and-shares transaction that will expand Vår Energi into Denmark and create what the companies said would be Europe's largest independent oil and gas producer.The transaction…

Oceaneering Wins Five-Year Contract in Qatar

Jul 20, 2026

Oceaneering International, Inc. announced that its Integrity Management and Digital Solutions (IMDS) segment has been awarded a five-year inspection and asset integrity services contract by a Qatar-based oil company. The contract includes two optional one-year extensions…

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