Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines…
SBM Offshore and Solstad Offshore have formed a joint venture that has entered into a letter of intent with a shipyard for the construction of a multi-purpose deepwater installation and construction vessel, with delivery targeted in the first half of 2029…
Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…
SBM Offshore has been awarded contracts by Petrobras for two FPSO projects located in the Sergipe-Alagoas basin, located in the northeastern part of Brazil.SBM Offshore will design, build and operate FPSOs SEAP-I and SEAP-II. The consortia led…
Brazil's state-run oil firm Petrobras' negotiation with SBM Offshore for two floating oil and gas production vessels (FPSO) for its Sergipe deepwater project is done, an executive from the company said on Thursday.The contract for the FPSOs is set to be signed soon…
SLB and Vår Energi have expanded their digital collaboration to scale well planning and integrated field development planning across operations on the Norwegian Continental Shelf.The agreement expands deployment of SLB’s Delfi digital platform…
DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…
Financial institutions and investors have urged the European Union to maintain its opposition to new Arctic oil and gas drilling, as the bloc weighs revising its stance to prioritise energy security.The call highlights investor unease that the energy crisis triggered by the U…
Western Australian premier Roger Cook said on Wednesday he had been 'assured' by federal Resources Minister Madeleine King that a new government policy of reserving 20% of gas output for domestic use would not harm his state's large LNG industry…
ABS has issued a Statement of Maturity for SBM Offshore’s Seawater Intake Riser (SWIR) technology.Developed in collaboration with Shell, the SWIR technology features an innovative technique to pump colder seawater from approximately 700 meters…
The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…
Well-Safe Solutions has secured its first contract to provide full well operatorship and asset execution services for an unnamed client in the UK North Sea.The contract expands the company’s service offering into integrated well lifecycle services…
Petronas has confirmed that an incident occurred during lifeboat maintenance work at the Sepat floating, storage and offloading (FSO) unit offshore Malaysia, resulting in three fatalities and one injury.The incident occurred at approximately 12:50 p…
Mission Specialist SeriesIntroducing the VideoRay WraithThe new Mission Specialist Wraith from VideoRay is a next-generation compact ROV that sets a new standard in subsea agility, power, and operational versatility. Featuring a ten-thruster design with true six-degrees-of-freedom control…
Energy services company Weatherford has been awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria (EEPNL), an ExxonMobil affiliate, offshore Nigeria.The contract falls within Weatherford’s Well Construction and Completions portfolio…
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