Offshore Energy News

 

ABS Publishes New Technical Standard for Subsea Power Cables

Mar 10, 2026

Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power Cables.Subsea power cable design, installation and operation pose unique challenges due to harsh marine environments…

Exail Supplies LBL Positioning Systems for Deepwater Projects in Brazil and Angola

Mar 10, 2026

Exail is supplying over 70 acoustic transponders and integrated navigation suites for two major deepwater energy projects in Brazil and Angola. These contracts mark a significant milestone in the global adoption of Exail’s Long Baseline (LBL) subsea positioning technology…

Viridien Starts Seismic Reprocessing Initiative for India’s Offshore Basins

Mar 10, 2026

Viridien has announced a new regional multi-client data initiative for the offshore basins of India, designed to deliver enhanced, data-driven exploration capabilities to industry operators.The initiative will start with Phase 1 Mahanadi Basin…

X1 Wind Gets DNV Certification for Floating Wind Platform Design

Mar 10, 2026

X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology.The certification…

OSV Market: Asia Pacific Downshifts for the Long Haul

Mar 09, 2026

2025 was a year of recalibration, continuing the softness experienced since the fourth quarter of 2024. Rather than a slowdown, this period can be better described as a collective deep breath as the industry prepares for the next upcycle in the Asian Pacific region…

Fugro Nets Geotechnical Survey Contract for Ireland’s Oriel Wind Farm

Mar 09, 2026

Fugro has secured a contract by Oriel Windfarm to carry out a detailed geotechnical site investigation for the planned Oriel offshore wind farm off the coast of County Louth in Ireland.The survey will support the design and installation of foundations…

Viridien Launches Charrua 3D Seismic Survey Offshore Uruguay

Mar 06, 2026

Viridien has kicked off the Charrua 3D multi-client seismic survey offshore Uruguay, marking a new phase of exploration activity in the country’s offshore basins.Data acquisition will be carried out by the vessel BGP Prospector, with the company…

Multiple Offshore Campaigns on TGS Seismic Vessel’s Agenda

Mar 06, 2026

Energy data and intelligence firm TGS has lined up several new acquisition campaigns for its Ramform Vanguard seismic vessel during the upcoming European summer season.Following its winter-stack period, the vessel is slated to start the campaign in mid-March with an oil and gas site survey…

Remazel Expands Offshore Services Footprint in Brazil with H Tech Acquisition

Mar 05, 2026

Fincantieri subsidiary Remazel has completed the acquisition of Brazilian offshore services firm H Tech Serviços e Manutenção Ltda., strengthening its presence in one of the world’s fastest-growing offshore oil and gas markets.The deal gives Remazel full ownership of H Tech…

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Mar 05, 2026

Lamprell has secured a contract by Oil & Natural Gas Corporation (ONGC) to deliver the Pipeline Replacement Project PRP-IX covering multiple offshore fields in India.The contract includes the replacement and installation of about 285 km of subsea…

DOF Orders Four ROVs from FET

Mar 04, 2026

Forum Energy Technologies’ (FET) Subsea product line has secured a contract to provide four of its new generation work class remotely operated vehicles (ROV), the XLX EVO III, to long-term client DOF.The contract, signed in late August 2025…

Floater Backlog Showing Signs of Strengthening

Mar 02, 2026

After a softer 2025, floater backlog is strengthening for 2026 and beyond, driven by early contracting, strong South American demand, and a growing pipeline of 2027+ programs.By the close of 2025, total floating rig backlog days had fallen 25% compared with 2024…

Asia Pacific Upstream 2026: Offshore Projects Ramp Up as Frontier Drilling Returns

Mar 02, 2026

Asia Pacific’s upstream sector heads into 2026 with a combination of near-term project delivery and high-impact frontier drilling. A wave of large offshore gas schemes is moving towards FID or first production, just as a new set of wildcats tests unproven deepwater plays…

TGS Targets Eastern Niger Delta with New 3D Survey

Feb 27, 2026

Energy data and intelligence provider TGS has launched the Nigeria Laide multi-client 3D seismic survey offshore Nigeria in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and SeaSeis Geophysical Limited.The survey covers approximately 11…

Fugro Swings to Loss as Renewables Slowdown Hits

Feb 27, 2026

Dutch geological data specialist Fugro on Friday reported a 21 million euro ($25 million) annual loss reflecting challenges in the offshore wind industry and said its finance chief would step down in April.The Amsterdam-listed firm's consolidated revenue came in at 1…

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