Equinor said it is complying with a stop-work order issued by the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM), which ordered the suspension of offshore construction activities on the Empire Wind project citing national security concerns…
Offshore construction firm Lamprell has secured four engineering, procurement, construction and installation (EPCI) contracts earlier in the Kingdom of Saudi Arabia.Across the four projects, Lamprell’s combined scope includes the installation of new platforms…
Aker BP has exercised the three-year extension option under the long-term contract with Archer for the provision of platform drilling operations and maintenance services in the North Sea.The long-term contract was originally awarded in November…
Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September…
According to the workers' union Sindipetro NF, a gas leak at Petrobras P-40 oil platform located in Brazil's 'Campos basin' on Thursday led to a preventive shut down of all activities. According to the Sindipetro-NF union, the platform in the…
VARD has recently signed an agreement (MoU) with the major Norwegian research institute NORCE, establishing a strategic partnership to cooperate on research and innovation.The agreement encompasses topics such as design, construction, on board…
Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections…
The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply…
Ocean services provider DeepOcean has secured a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi.The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years…
Danish vessel owner ESVAGT has completed the acquisition of Breeze Enabler and Brint Enabler Service Operation Vessels (SOVs) from Edda Wind through a 100% share purchase agreement of the two Spanish vessel owning entities.The SOVs are on long…
Offshore wind industry suppliers Ocean Geophysics and HighTide have entered into a joint venture aimed at combining their seabed data processing, analysis and interpretation capabilities.The partnership brings together Ocean Geophysics’ large…
Odyssey Marine Exploration, Inc., a U.S.-based ocean exploration and marine resource development leader, received news that the Bureau of Ocean Energy Management’s (BOEM), a department of the U.S. Department of Interior (DOI), has initiated…
Ocean Infinity has reached a significant milestone with the delivery of the final vessel in its 14-vessel Armada fleet, featuring advanced underwater robotic systems capable of a wide range of data collection tasks.Over the past five years,…
To advance President Trump’s national strategy for securing America’s critical mineral supply, the Bureau of Ocean Energy Management has initiated the process for a potential mineral lease sale in federal waters off the coast of Virginia. This…
Shell has booked Northern Ocean’s Deepsea Mira semi-submersible rig for a drilling campaign offshore Namibia.The Odfjell Drilling-managed rig has been scheduled to start operations in Namibia in April 2026.The contract covers one firm well and includes one optional well…
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