Nexon Petroleum Offshore News

 

Shell Sells 20% Stake in Brazil’s Orca Deepwater Project to Kuwaiti Firm

Feb 03, 2026

Shell Brasil Petróleo, a subsidiary of Shell, has agreed to sell a 20% interest in the Orca deepwater project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC).Orca, formerly known as Gato do Mator, is a deepwater development located in the pre-salt area of the Santos Basin. Following completion of the transaction, Shell will remain operator of the project, retaining a 50% interest…

Chevron Signs Oil Exploration Deal in Syrian Waters

Feb 04, 2026

Chevron has signed a memorandum of understanding, or an initial agreement, with the Syrian Petroleum Company and the Qatari firm UCC Holding to evaluate exploration for oil and gas offshore Syria, a spokesperson for the U.S. major said on Wednesday…

Mammoet to Handle Substation Load-Outs for TenneT 2GW Program

Feb 04, 2026

Heavy-lifting and transport specialist Mammoet has signed a support contract with Seatrium to carry out the load-out of three offshore substations for TenneT’s 2 GW offshore grid connection program in the North Sea.Under the agreement, Mammoet…

ESVAGT-KMC JV Nets Long-Term Vessel Deal for Korea Offshore Wind Farm

Feb 04, 2026

KESTO, a joint venture between Denmark’s ESVAGT and South Korea’s KMC Line, has secured its first contracts to provide offshore service logistics for Vestas at the Shinan-Ui offshore wind farm in South Korea.From 2028 and for a minimum period of 10 years…

Equinor Trims Renewables Spend After Profit Drop

Feb 04, 2026

Equinor has trimmed planned investments in renewables and low-emission energy and flagged heavy cuts to share buybacks, the company said on Wednesday as it posted a 22% drop in fourth-quarter profit.The Norwegian energy group's adjusted earnings…

Strategic Marine Delivers CTV for Taiwan’s Offshore Wind Sector

Feb 03, 2026

Singaporean shipbuilder Strategic Marine has delivered a 27-meter crew transfer vessel (CTV) to a Taiwanese company for offshore wind operations in Taiwan.The vessel is based on Strategic Marine’s StratCat 27 design, which was developed in collaboration with BMT…

Windward Offshore Takes Delivery of Vard-Built CSOV

Feb 03, 2026

Vard, the Norwegian subsidiary of the Fincantieri Group, has delivered the second Commissioning Service Operation Vessel (CSOV) to Windward Offshore, named Windward Paris.The naming ceremony was held at the delivery yard, Vard Brattvaag in Norway on January 28…

TotalEnergies Hires Fugro for North Sea Offshore Wind Survey

Feb 03, 2026

Fugro has been awarded a contract to carry out geotechnical surveys for the NordSee Energies 1 offshore wind farm being developed by TotalEnergies in the German North Sea.The surveys will assess seabed conditions at planned wind turbine locations and along inter-array cable routes…

Akrake Completes Drilling of Sèmè Field Production Well Offshore Benin

Feb 03, 2026

Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding, has completed drilling of the AK-2H horizontal production well at the Sèmè Field offshore Benin.The AK-2H well was drilled with a total horizontal length of 1,405 meters through the reservoir section…

US Federal Court Allows Ørsted to Resume Sunrise Wind Construction

Feb 03, 2026

A U.S. Federal Court has granted the preliminary injunction sought by Ørsted for the suspension order issued by the Bureau of Ocean Energy Management (BOEM), allowing the restart of the construction of an offshore wind project in New York.The…

RWE, Amazon Sign Offshore Wind Power Deal in Germany

Feb 03, 2026

RWE and Amazon have signed a power purchase agreement (PPA) covering 110 MW of electricity from RWE’s Nordseecluster B offshore wind project in the German North Sea.The agreement builds on a strategic framework agreement signed by the two companies in June 2025…

Kuwait to Tap International Oil Firms for Offshore Fields

Feb 03, 2026

Kuwait's prime minister Ahmad Abdullah al-Ahmad al-Sabah said on Tuesday that Kuwait Petroleum Corporation plans to invite international oil companies to assist Kuwait Oil Company in developing recently announced offshore oil and gas discoveries…

US Judge to Consider Orsted Request to Block Trump Offshore Wind Halt

Feb 02, 2026

A U.S. judge on Monday will consider a request from Danish energy company Orsted to block the Trump administration's halt on its Sunrise Wind project off the coast of New York.The preliminary injunction request is the fifth brought by an offshore wind…

Dajin, Zima Plan Offshore Wind Foundations Plant at Spain's Gijon Port

Feb 02, 2026

China-based offshore wind foundations manufacturer Dajin Heavy Industry and Spanish industrial group Zima Equity Investments have signed a memorandum of understanding (MoU) to jointly develop an offshore wind foundations manufacturing facility at the Port of Gijon in Asturias…

First Turbine Stands Tall at Dominion Energy’s 2.6GW US Offshore Wind Farm

Feb 02, 2026

Dominion Energy has completed the installation of the first offshore wind turbine for the Coastal Virginia Offshore Wind (CVOW) project, the largest such project in the United States.In a regulatory filing, submitted by Dominion Energy on January 30…

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