Transocean has been awarded a two-well contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea, adding about $80 million to the offshore driller's backlog.The approximately 170-day campaign with an undisclosed operator is expected to begin in 2027…
Spinergie, an Intelligence & Operations platform, announced its expansion into offshore logistics with a solution for planning, managing and optimizing personnel and cargo logistics for the offshore energy sector. The platform is designed to…
Argentina's government has presented a bill to crack down on companies operating in the Falkland Islands, potentially escalating tensions with the United Kingdom over the territory that is controlled by Britain but claimed by Argentina.The proposal…
Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/9-5 S in production license 1042, operated by Equinor with 30% working interest.Its partners are Aker BP with 40% share and Vår Energi with 30% working interest…
Borr Drilling has agreed to sell its 51% stake in two Mexican joint ventures to its local partner, while retaining ownership of three jack-up rigs working for Pemex and continuing to participate in their underlying contracts through bareboat charters…
MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit…
Odfjell Drilling has received a letter of award from Vår Energi for a three-year drilling campaign with the Deepsea Bergen rig starting in early 2028, with the firm backlog valued at about $518 million.The work will begin after completion of…
The American Bureau of Shipping (ABS) has issued basic design review certification to Hanwha Ocean for a standardized floating production, storage and offloading (FPSO) design targeting deepwater projects in South America and West Africa.The…
Larsen & Toubro Energy Hydrocarbon Offshore (LTEH Offshore) has secured an offshore Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contract from India's Oil & Natural Gas Corporation (ONGC) for the Additional…
T12 Engineering has secured funding from the Offshore Wind Growth Partnership (OWGP) to advance its Floating Mooring System (FMS), a technology designed to reduce the cost and complexity of maintaining floating offshore wind turbines.The latest…
Marine geoscience firm Shearwater Geoservices has secured a seven-week ocean bottom node (OBN) survey in the North Sea that will mark the first commercial deployment of its newly installed electric remotely operated vehicles (ROVs).The survey will be carried out using the SW Tasman…
Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi for commissioning services on the Osman Gazi floating production unit (FPU), destined for the Sakarya gas field development in the Turkish Black Sea.The contract…
Windward Offshore has taken delivery of the Windward Hamburg, completing its four-vessel series of purpose-built commissioning service operation vessels (CSOVs) ordered from shipbuilder Vard.The delivery brings the Windward Hamburg into the fleet alongside sister vessels Windward Athens…
Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's…
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