Offshore Energy News

 

OPA '90 and Deepwater Horizon: A Law That Worked Better than Anyone Could Have Imagined

Aug 05, 2026

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 Secures India Deepwater Drilling ROV Contract

Aug 05, 2026

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…

TGS, EGAS Launch Large-Scale Seismic Reimaging Offshore Egypt

Aug 05, 2026

TGS has started a 34,000-kilometre 2D seismic reimaging project offshore Egypt in partnership with the Egyptian Natural Gas Holding Company (EGAS), aiming to improve subsurface imaging and support future exploration activity in the country's Mediterranean waters…

Saipem, Subsea7 Clear Key US Regulatory Merger Hurdle

Aug 03, 2026

Saipem and Subsea7 have cleared a key U.S. regulatory hurdle for their planned merger after the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 expired, allowing the transaction to close in the United States once all remaining conditions are met…

Fugro Forecasts Offshore Wind Recovery Outlook Delay to 2027

Jul 31, 2026

Dutch geological data specialist Fugro said on Friday the offshore wind downturn has yet to bottom out and that a recovery was not expected before 2027, sending its shares down around 10%.The company said uncertainty remained high due to weak…

EU Extends Saipem, Subsea 7 Deadline

Jul 30, 2026

EU antitrust regulators have extended their deadline on whether to clear Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 by about three weeks, according to a European Commission filing.The Commission, which acts as the EU competition enforcer…

Shearwater Secures CCS Survey Contract Offshore Australia

Jul 30, 2026

Shearwater Geoservices has been awarded a contract to conduct a 3D seismic survey to support appraisal of carbon storage potential in the Bonaparte Basin offshore northern Australia.The survey is scheduled to begin in the third quarter of 2026…

TGS Books Fresh OBN Survey Job

Jul 29, 2026

TGS has been hired for an ocean-bottom node (OBN) seismic survey in the Africa, Mediterranean and Middle East (AMME) region, with offshore operations scheduled to begin in the fourth quarter.The company said a deepwater acquisition crew is due to mobilize in the fourth quarter…

Bureau Veritas Gives Blessing to Seatrium’s 30MW Floating Data Center

Jul 28, 2026

Seatrium has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its 30 MW Floating Data Centre (FDC) concept, marking a milestone in the development of offshore digital infrastructure designed to support growing demand for artificial intelligence and cloud computing…

KOIL Energy Lands First Brazil Subsea Maintenance Job

Jul 24, 2026

KOIL Energy has secured its first contract in Brazil for subsea umbilical maintenance services, marking the company's entry into the world's largest deepwater offshore market.The contract covers the re-termination and testing of subsea umbilical components…

BW Ideol, NGE Join Forces on Floating Wind Factory in France

Jul 24, 2026

BW Ideol and French construction group NGE have formed an equal partnership to develop a floating foundation manufacturing facility in southern France, aiming to support the rollout of floating offshore wind projects in the Mediterranean.Under the agreement…

China Plans to Increase Wind, Solar Generation by 50% in Five Years

Jul 23, 2026

China plans to increase wind and solar power generation by 53% over the next five years, under a renewable energy plan released on Thursday that for the first time makes its green power target binding.The plan is aimed at increasing overall renewable generation to 1…

Saipem, Subsea 7 Merger Could Rise Prices, Lower Market Competition

Jul 22, 2026

Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 may lead to price hikes and less innovation, EU antitrust regulators warned on Wednesday as they opened a full-scale investigation.The deal announced in February last year…

TGS Advances Seismic Imaging Across Three Offshore Basins

Jul 22, 2026

TGS has launched three seismic data projects offshore Ghana, Norway and Canada, expanding its multi-client data portfolio as explorers seek to unlock frontier and underexplored offshore basins.The company signed an agreement with Ghana's Petroleum…

CorPower Gains World-First DNV Wave Energy Prototype Approval

Jul 21, 2026

CorPower Ocean has been awarded the world’s first DNV Prototype Certificate for a wave energy converter (WEC), marking a major leap towards bankable, utility-scale wave energy.The CorPower C4 has been certified by DNV under DNV-SE-0120, Certification of Wave Energy Converters and Arrays…

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