MidOcean Energy, an LNG company backed by U.S. energy-focused private equity firm EIG, has agreed to acquire additional Australian liquefied natural gas project stakes from Japan’s JERA, the companies said on Thursday.The transaction covers JERA’s 0…
AquaTerra Group has completed what it said is the first full-length internal repair of a seawater and drilling cuttings disposal caisson on an offshore production platform in the North Sea, using its C-Cure lining system.The project involved…
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract from an international oil company to perform load out, transit, installation monitoring, and pre-commissioning services for an offshore development in West Africa…
The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025.The milestone, achieved on March 2, 2026, marks the transition…
Acteon has acquired Houston-based engineering, procurement and construction specialist Upstream Engineering through its engineering consultancy 2H, expanding the company’s offshore engineering capabilities and strengthening its fixed platform offering…
VAALCO Energy has completed drilling the ET-14P exploration well at the Etame field offshore Gabon as part of its Phase Three drilling program and plans to sidetrack the well to drill a development target.The ET-14P well encountered 10 meters…
A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime, cut maintenance costs and improve operational reliability on its drillships by replacing traditional…
Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding via Lime Petroleum, has completed the hook-up of the mobile offshore production unit (MOPU) and floating storage and offloading (FSO) vessel at the Sèmè Field in Block 1 offshore Benin…
BW Offshore has agreed with the Catcher field partners to amend the contract for its BW Catcher floating production storage and offloading (FPSO) unit, extending the agreement through December 31, 2030, plus or minus six months.The revised agreement replaces the previous structure…
PALFINGER has secured a contract to supply offshore cranes for the Formosa 4 offshore wind farm in Taiwan, expanding the company’s presence in the region’s offshore wind market.The project will mark PALFINGER’s eleventh offshore wind development…
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…
OceanSTAR Engineering, a subsidiary of OceanSTAR Elite, has entered into a long-term contract with Petronas for the provision of lease, operation and maintenance of a floating production storage and offloading (FPSO) unit supporting the Sepat…
Equinor has completed its investigation into a well control incident on Odfjell Drilling's Deepsea Bollsta drilling rig in September 2025, classifying it in the company’s highest category of severity.The incident occurred during plugging operations…
Underwater technology specialist Sonardyne has launched Observer, a new advanced monitoring system for real-time integrity management of subsea infrastructure across the offshore energy industry.Observer combines high and low frequency motion and position monitoring…
The diplomatic route in Iran is now exhausted, as last night the United States and Israel attacked Iran, sharply escalating security risks for commercial shipping in the Persian Gulf and adjacent waters, prompting immediate operational and insurance repercussions across the global maritime sector…
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