Danish offshore wind farm developer Orsted reported on Thursday a second-quarter core profit above forecast and maintained its financial outlook for the year.Orsted expanded rapidly over the past decade, but more recently faced higher costs from supply chain disruption and inflation, and faces regulatory challenges in the United States, where President Donald Trump has sought to halt developments.Profit before interest…
BP has awarded global automation company Emerson a multi-million-dollar contract to deliver automation technologies for the Shah Deniz Compression project off the coast of Azerbaijan.This builds on a long-standing collaboration between the two companies…
When maritime autonomy is discussed, the image is often a large cargo ship crossing an ocean without a crew. That remains a longer-term regulatory and technical challenge. The more immediate commercial market is developing elsewhere – smaller…
CAPE Holland, a Venterra Group company, and GBM Works have signed a Memorandum of Understanding (MoU) to jointly further develop and commercialize Vibrojet worldwide. Vibrojet is an installation technology for offshore wind monopile foundations…
The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost domestic energy production with regular offshore lease sales.The sale is the second since the U…
Cadeler completed the final turbine installation at the 960 MW He Dreiht Offshore Wind Farm in the German North Sea. The final turbines were installed by Wind Keeper, under its long-term contract with Vestas.Cadeler’s scope of the installation…
Borr Drilling reported lower revenue and adjusted earnings for the second quarter of 2026 as rig transitions, higher operating costs and delays getting the Odin to work weighed on results.The jack-up drilling contractor reported Q2 operating revenue of $232…
OEG has secured a major contract from OWP Gennaker GmbH to deliver a subsea corrosion protection solution for the Gennaker Offshore Wind Farm in the German Baltic Sea, a project developed by the offshore wind infrastructure platform Skyborn Renewables…
Baker Hughes has been awarded a contract to deliver subsea production systems and digital solutions to support safe, efficient and optimized production for the Kutei Northern Hub development offshore Indonesia.The contract with Searah North Ganal (a subsidiary of Searah Limited…
Delfin LNG has awarded the offshore geophysical and geotechnical survey services for the Delfin Deepwater Port Project, located offshore Louisiana, to TDI-Brooks. Under this award, TDI-Brooks will serve as the prime contractor, executing the full scope of work…
The U.S. Court of Appeals for the Fifth Circuit’s recent decision in Ruffin v. BP Exploration & Production, Inc., offers important guidance on expert testimony in toxic tort cases – particularly those arising from the Deepwater Horizon oil spill…
ExxonMobil Global Projects has selected Sercel's Marlin solution to support the management of simultaneous operations (SIMOPS) on the Whiptail project in the Stabroek Block offshore Guyana.Under a one-year contract, Sercel will deploy the Marlin…
Prysmian has acquired a high-voltage cable jointer training facility in North Ayrshire, Scotland, bringing more than 20 apprentice jointers and the centre's training staff into the company as it strengthens workforce capabilities for underground and subsea transmission projects…
A few months ago, I authored an article for Marine News focused on just one of the many successful features of the Oil Pollution Act of 1990 (“OPA 90,” Pub. L. No. 101-380 (1990)) — Alaska’s regional citizen advisory councils (RCACs). The Prince…
Fugro Survey India has been awarded a three-year contract by Vantage International Management Company to provide remotely operated vehicle (ROV)-based deepwater drill support services for ONGC's offshore drilling operations in India.Under the contract…
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