Noble Corporation has signed definitive agreements to six jack-up rigs - five to Borr Drilling and one to Ocean Oilfield Drilling - in transactions valued at a combined $424 million.Noble said the move is aligned with the company’s strategy to become a pure-play deepwater and ultra-harsh environment jack-up operator.Five of the rigs will be sold to Borr Drilling for $360 million, a deal comprising $210 million in cash and $150 million in seller notes…
Swedish wave energy developer CorPower Ocean has been put in charge of $35 million (€30 million) European project aimed at improving the competitiveness and bankability of wave energy farms, with large-scale validation work planned in U.K. waters…
Seaway7, part of Subsea7, has secured a sizeable contract by Ocean Winds for the work on the BC-Wind offshore wind project in Poland.Seaway7’s scope of work includes the transport and installation of 26 transition pieces and an offshore substation with offshore activity expected to commence in 2027…
Hanwha Ocean has delivered the Wind Mover wind turbine installation vessel (WTIV) to offshore wind contractor Cadeler, completing the second vessel in the company’s M-class series about one month ahead of schedule.The vessel was formally signed over on November 28 and sailed away on December 2…
Ocean data acquisition specialist XOCEAN has secured five-year contract to deliver bathymetric survey services across six Dutch offshore wind farms.The agreements were coordinated by Eneco on behalf of the participating wind farms – Borssele 3&4 (Blauwwind)…
ABS issued approval in principle (AIP) to Hanwha Ocean Co. Ltd. for remote control functions for FPSO units.ABS completed design reviews based on the ABS Requirements for Autonomous and Remote-Control Functions.The project is part of the Offshore…
A consortium led by UK unmanned vessel developer ACUA Ocean has secured government support to develop a new 145-foot uncrewed offshore support vessel, aiming to scale up autonomous operations for offshore energy, logistics and surveillance.The Project MROS consortium…
TGS, a leading provider of energy data and intelligence, is pleased to announce the award of an ocean bottom node (OBN) contract in Europe.The company's node-on-a-rope crew is scheduled to mobilize early May 2026, and the contract has a duration of approximately 60 days…
Jifmar Group has completed the transfer of Seacontractors’ fleet of 15 workboats, finalizing a deal signed in August and strengthening its presence in the Middle East and Indian Ocean.The vessels and associated teams formally joined Jifmar on November 19…
President Donald Trump's administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose energy development along its world-famous coastline…
Ocean Winds, the 50-50 joint venture between EDPR and ENGIE, is set to be awarded rights for a floating offshore wind site in the Celtic Sea, off the coast of England and Wales, by The Crown Estate.The site is one of three that was offered in Offshore Wind Leasing Round 5…
Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the U.K. continental shelf.The field is being developed as a subsea tieback to an existing host facility…
Data energy and intelligence firm TGS has extended the existing contracts with major international energy company for reservoir monitoring and source services offshore Norway.The extensions are for the provision of reservoir monitoring and source…
Fisheries and Oceans Canada (DFO) has issued a Fisheries Act Authorization to Eauclaire Tidal Ltd. to deploy up to three Orbital Marine Power Ltd (Orbital) O2-X tidal energy devices at the Fundy Ocean Research Centre for Energy (FORCE). This marks the first project to proceed under Canada’s revised…
Petrobras’ P-79 floating production, storage and offloading (FPSO) unit has departed South Korea’s Hanwha Ocean shipyard bound for Brazil’s Búzios field, where it will add 180,000 barrels-per-day production capacity by 2026.The P-79 set sail on November 11 from Hanwha Ocean shipyard in Geoje-Si…
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