X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology.The certification…
A new study conducted at Vattenfall’s Aberdeen offshore wind farm found no confirmed bird collisions during 19 months of monitoring, suggesting seabirds largely avoid turbine blades.The research was carried out in collaboration with biodiversity…
Archer has secured a three-year contract extension with a major operator on the Norwegian continental shelf under a long‑term frame agreement for the provision of wireline services.Based on 2025 activity levels, annual revenue from this contract…
N-Sea Group has entered into a long-term charter agreement with Rederij Groen for the newbuild offshore support vessel Dominus, which is being constructed by PASSER at Shipyard De Hoop in Tolkamer, the Netherlands.Construction of the vessel…
Oil prices plummeted 7% on Tuesday after soaring to a more than three-year high in the previous session as U.S. President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to oil supplies…
Equinor has made two hydrocarbon discoveries in the North Sea, finding oil in the Troll area and gas and condensate near the Sleipner hub, with both considered commercially viable.The Byrding C discovery was made about five kilometers northwest…
Semco Maritime and Zamakona Yards have formed a strategic alliance to establish Las Palmas Shipyard, a new hub for rig upgrades, vessel maintenance and offshore modification projects in the Canary Islands.The partnership combines Semco Maritime’s…
Mitsui O.S.K. Lines (MOL) has agreed to jointly own two commissioning service operation vessels (CSOVs) with Cyprus-based shipping company Schoeller Holdings, marking the Japanese company’s first entry into the European offshore wind support vessel market…
Fugro has secured a contract by Oriel Windfarm to carry out a detailed geotechnical site investigation for the planned Oriel offshore wind farm off the coast of County Louth in Ireland.The survey will support the design and installation of foundations…
Wind turbine maker Vestas on Monday agreed to cooperate with Japan's industry ministry to establish a nacelle assembly facility in the country by the fiscal year of 2029 and may create a full nacelle production facility a decade later, the ministry said…
Governments scrambled to limit the impact on economies and consumers from the widening Iran war, which fuelled a record surge in oil prices on Monday after key producers cut output and Tehran signalled that hardliners would remain in charge…
The dollar surged on Monday as soaring oil prices sent investors scrambling for cash on worries that a protracted Middle East war could severely disrupt energy supplies and hurt global growth.Against the surging greenback, the euro EUR= and sterling GBP= were down roughly 1% in Asia…
The European Union's oil and gas supply coordination groups will meet on Thursday, a European Commission spokesperson said on Monday, after the Iran crisis sent oil prices surging to above $100 per barrel.The groups will monitor the energy impact of the conflict in the Middle East…
Acteon’s marine foundations business line, Menck, has delivered the first of two MHU4400S hydraulic hammer systems to Heerema Marine Contractors Nederland under a multi-million-dollar supply agreement.The delivery marks the first phase of a…
Deutsche Offshore Schifffahrt (DO) has started construction of a new fleet of construction commissioning service operation vessels (C-CSOVs), with the first steel cut for the lead vessel DO Joule at CSSC Huangpu Wenchong Shipyard in Guangzhou…