Offshore Energy News

 

MCS Goup’s PRC Tech Streamlines Subsea Ops for Shell JV off Egypt

Sep 24, 2025

MCS Group’s Photo Realistic 3D Cloud (PRC) technology has been deployed in the West Delta Deep Marine (WDDM) gas field development offshore Egypt, improving accuracy and reducing subsea survey time for Burullus Gas Company, a joint venture between…

Reach Subsea Orders Two More USVs from Kongsberg Maritime

Sep 24, 2025

Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4.The contract terms have been mutually agreed and remain confidential between the parties…

Oil Firms Urge Brazil to Review Subsea7 - Saipem Merger

Sep 24, 2025

Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show.In filings submitted on Thursday…

NextGeo Signs Eight-Year Deal with 50Hertz for Seabed Survey Services

Sep 23, 2025

Italian offshore services provider Next Geosolutions (NextGeo) has signed an eight-year framework agreement with German transmission system operator (TSO) 50Hertz to deliver geotechnical seabed survey services for offshore substations (OSS) projects…

MDL Secures Cable Laying Job in Asia Pacific

Sep 23, 2025

Maritime Developments (MDL) has secured a subsea installation project in the Asia-Pacific region, covering the lay of two cables and two umbilicals.The work will be done in water depths between 800 and 1,200 meters.For the 60-day campaign, scheduled to mobilize from Singapore in 2026…

EIB Backs French Cable Maker with $290M Investment

Sep 22, 2025

The European Investment Bank (EIB) has provided $293.4 million (€250 million) in financing to French cable maker and services provider Nexans to support its research, development and innovation programs for 2024-2029, together with some industrial investments…

Ocean Geophysics Teams Up for EdgeTech on Seabed Data Processing

Sep 22, 2025

Offshore energy industry suppliers Ocean Geophysics has partnered with EdgeTech, a specialist in underwater technology solutions, to deliver advanced data processing software for EdgeTech’s newly launched eBOSS (Enhanced Buried Object Scanning System)…

Shearwater Gets Seismic Job for Indian Oil Firm

Sep 22, 2025

Shearwater Geoservices has secured a seven-month streamer contract by Oil India, starting in the fourth quarter of 2025.The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet.The project covers the Mahanadi and…

Fugro Scraps 2025 Outlook, Announces Job Cuts

Sep 22, 2025

Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…

U.S. O&G Rig Count Rises Again

Sep 19, 2025

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output…

Viridien, TGS Wrap Up OBN Survey in Gulf of America

Sep 19, 2025

French seismic firm Viridien, in collaboration with Norway’s TGS, has completed the acquisition of the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The latest phase spans 151 OCS blocks and expands…

TGS Kicks Off Second Phase of Equatorial Margin Survey off Brazil

Sep 18, 2025

Energy data and intelligence firm TGS has started PAMA Phase II 3D multi-client survey in the Equatorial Margin area offshore Brazil.The first phase covered 19,343 square kilometers and more than 25 future exploration blocks within the Pará-Maranhao Basin…

Future is Here: Smart Drones Take on Wave Energy Plant Upkeep (Video)

Sep 16, 2025

Onshore wave energy technology developer Eco Wave Power has partnered with BladeRanger, an automated drone-based cleaning and diagnostics specialist, to introduce drones for the maintenance of its wave energy systems.The collaboration was demonstrated…

NKT Emerges as Preferred Bidder for UK HVDC Interconnector

Sep 15, 2025

Danish power cable maker and services provider NKT has been selected as the preferred bidder to deliver the 525 kV high-voltage direct current (HVDC) power cable system for Eastern Green Link 3 (EGL3), a major interconnector project linking Scotland and England…

‘Major Deal’ Offshore Saudi Arabia Boosts Subsea7’s Contract Backlog

Sep 15, 2025

Subsea7 has secured a major project under the long-term agreement (LTA) with Aramco that relates to certain facilities located offshore Saudi Arabia.The contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and export pipelines…

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