Polish shipbuilder CRIST S.A. has held a keel-laying ceremony for an offshore support vessel (OSV), being built for Norwegian vessel owner DOF.The vessel, provisionally named SeaDragon (NB 110), will 109.7 meters long and 22 meters wide, with the capacity to accommodate 164 people…
Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…
Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier, boosted by non-recurring events, while also announcing about $2.1billion in dividends.Without one-off events…
North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year…
Oil and gas producer Harbour Energy is set to cut 250 jobs, approximately 25% of the workforce at its UK unit based in Aberdeen, the company said in a statement on Wednesday.Harbour, the largest British North Sea oil and gas producer, said the…
Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year.It said it would buy back $3…
Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE’s Thor offshore wind farm, completing the installation of the first of 72 monopiles with its heavy-lift vessel Les Alizés.When finished, Denmark’s largest…
Energy industry services firm EnerMech has been awarded a three-year cranes and lifting services contract for the Anasuria floating production storage and offloading (FPSO) vessel, east of Aberdeen in the central North Sea.Secured following a competitive tendering process…
The Dutch government said on Friday it would commit 639 million euros ($726 million) to the construction of the country's largest carbon capture and storage project, after TotalEnergies and Shell withdrew part of their planned investments.The…
EEW Special Pipe Constructions (EEW SPC) has delivered first monopiles for Thor project, Denmark’s largest offshore wind farm, being developed by RWE.In March 2025, the first of 12 shipments for the Thor project was completed at the port of Rostock…
The trial of AI-powered vision systems to monitor bird movement at offshore wind farm, conducted by Spoor AI, Vattenfall, and the British Trust of Ornithology, has proved promising.The trial was conducted at Vattenfall’s Aberdeen Bay Offshore Wind Farm…
North Star, a U.K.-based service operation vessel (SOV) operator, has become the first organization in the world to have ships achieve Lloyd’s Register’s Cyber Resilience classification.The classification is in line with mandatory International…
Malaysia-based offshore services firm Sapura Energy, through its Offshore Support Vessel & Geosciences business, has secured multiple vessel contracts in Malaysia and Thailand, worth around $22.6 million.The newly secured contract will keep…
Canadian marine technology company Kraken Robotics is launching a synthetic aperture sonar (SAS) service for the global offshore energy market.Kraken’s commercial services team will have dedicated KATFISH towed SAS systems available for rental starting July 2025…
Lime Petroleum, a subsidiary of Rex International, has signed a contract with Borr Drilling’s affiliate Borr Gerd Limited for a jack-up drilling rig, which will be used in a campaign offshore Benin in West Africa.Lime Petroleum signed up the…
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