Offshore News

 

Offshore Service Vessels: Regional Bright Spots Emerge

Nov 11, 2025

As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down…

Webinar: Seequent Unlocks Subsea Intelligence

Nov 10, 2025

Whether you're in offshore wind, grid operations, geotechnical engineering, or digital transformation, this session, in conjunction with Offshore Engineer, will offer actionable insights, live demos, and expert opinions on:Why cable heat matters…

DOF Nets BP’s Subsea Services Job in Atlantic

Nov 10, 2025

Norwegian offshore supply vessel owner DOF Group has secured a contract with BP for the provision of subsea services in the Atlantic region.The three-year firm and two-year options contract will see DOF deploy a high-capability subsea vessel asset to support BP with subsea construction…

Cadeler Inks $580M Offshore Wind T&I Contracts

Nov 10, 2025

Danish offshore wind installation firm Cadeler has signed two firm contracts covering the full-scope transportation and installation (T&I) of offshore wind turbines and their foundations for an upcoming offshore wind farm development, with a combined value of around $580 million…

Trump Finalizes US Gulf Lease Sale, Proposes Alaska Sale

Nov 09, 2025

The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump refers to as the Gulf of America…

Odyssey Marine Seeks U.S Offshore Lease for Mineral-Rich Sand Mining

Nov 07, 2025

Odyssey Marine Exploration said on Friday it has sought U.S. regulators' permission to explore and mine mineral-rich sands off the Mid-Atlantic coast, as the country bolsters domestic supplies of materials vital for various industries.The site…

NOD, IGI Renew Agreement for Maintenance of Geochemical Database

Nov 07, 2025

The database with released geochemical data is updated twice a year with data from recently released wells in Diskos.The Norwegian Offshore Directorate (NOD) has renewed the agreement with IGI (Integrated Geochemical Interpretation) to update the database for the next five years…

Major Offshore Renewables Emergency Exercise Tests Industry Response

Nov 07, 2025

The UK offshore renewables sector has been put through its paces in a major emergency response exercise designed to test coordination among industry, government, and emergency services during a large-scale offshore incident.Organized by the Offshore Renewable Energy Emergency Forum (OREEF)…

A Whole Lot of Structural Integrity Tools

Nov 06, 2025

Aker BP is already using AI to shape the future of its subsea infrastructure integrity management. The company plans to more than double its subsea infrastructure by 2027 and is moving toward a new operational paradigm.“Our vision is to deliver…

TGS and Chevron Sign Data Acquisition Deal

Nov 05, 2025

TGS and Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services.The minimum firm commitment under the three-year term of the capacity agreement is 18 months of a combination of OBN and streamer acquisition services…

W&T Offshore Reports Strong Production, Reduced Debt

Nov 05, 2025

W&T Offshore has reported operational and financial results for the third quarter demonstrating increased production to 35.6 thousand barrels of oil equivalent per day (“MBoe/d”) (49% liquids), near the high end of guidance, and a reported net loss of $71…

Aker Solutions Secures Contract from ExxonMobil Canada

Nov 05, 2025

Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform…

Borr Drilling Announces Revenue Lift

Nov 05, 2025

Borr Drilling has announced unaudited results for the nine months ended September 30, reporting total operating revenues of $277.1 million, an increase of $9.4 million or 4% compared to the second quarter of 2025.Net income of $27.8 million was a decrease of $7…

DeepOcean and Jana Marine Enter Saudi Arabia Subsea Partnership

Nov 05, 2025

Ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services have signed a heads of terms agreement to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East…

Sercel Awarded Five-Year Marlin Support Contract by ExxonMobil Guyana

Nov 05, 2025

Sercel announced the award of a five-year technical support and maintenance contract by ExxonMobil Guyana Ltd. for the Marlin Vessel Tracking and Alerts (VTA) software solution, delivered to the client in 2024. Sercel will provide comprehensive technical support…

Current News

Van Oord Completes Monopile Installation at Windanker

Van Oord Completes Monopile In

Australian Union Members Back Pluto LNG 2 Strike

Australian Union Members Back

Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

Survey shows that oil companie

Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

Cadeler’s WTIV Newbuild En Rou

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine