Offshore Regions News

 

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

16 hours ago

Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1,300 days, including fixed priced options, and an estimated contract revenue of more than $129 million, according to Borr Drilling.In the Middle East, the Arabia II jack-up rig…

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

14 hours ago

Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…

Semco Maritime Gets Iberdrola’s Baltic Hub Substations Service Job

16 hours ago

Iberdrola has awarded Semco Maritime two three-year offshore service contracts, with options for extension, on the above-water scheduled and unscheduled maintenance of electro-mechanical equipment at two offshore substations in the Baltic Hub…

ADES' Jack-Up Barge Capsizes off Egypt Killing Four, Three Still Missing

17 hours ago

A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while…

RightBridge Ventures Agrees Reverse Takeover of Swemar

17 hours ago

RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…

OEG to Assist with Inch Cape Offshore Wind Farm Buildout

18 hours ago

Energy solutions business OEG has signed a significant multi-million-dollar contract to support the construction phase of the Inch Cape offshore wind farm in Scotland, being developed by ESB and Red Rock Renewables.Over 100 OEG personnel will support the delivery of this contract…

Norwegian Oil and Gas Firm Enlists AGR for Independent Reserves Assessment

18 hours ago

AGR has been awarded a frame agreement to deliver annual independent reserves evaluation and competent person report to Oslo-listed OKEA, a mid- and late-life operator on the Norwegian continental shelf (NCS).Under the frame agreement, AGR will…

TGS Lands Offshore Wind Site Characterization Work in Norway

19 hours ago

Norwegian seismic firm TGS has secured a contract for offshore wind site characterization, including acquisition, imaging and interpretation services offshore Norway.Ramform Vanguard vessel will start acquisition in early July, with a duration of approximately 25 days…

Ocean Winds Installs Substation for 496MW French Offshore Wind Farm

19 hours ago

Ocean Winds (OW), a 50-50 joint venture by EDP Renewables and ENGIE, has installed the offshore electrical substation for the Dieppe – Le Tréport offshore wind farm (EMDT), a project developed in consortium with Sumitomo Corporation and Banque des Territoires…

DNO Inks Gas Offtake Deal with Engie, Secures $500M Financing Facility

19 hours ago

Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for its Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million.The offtake agreement…

Ørsted Terminates Offshore Wind Installation Vessel Deal with Cadeler

20 hours ago

Danish offshore wind installation firm Cadeler has received a notice of termination for its wind turbine installation vessel (WTIV) from Ørsted which was booked for work for the now discontinued 2.4 GW Hornsea 4 offshore wind farm in United Kingdom…

Eni Launches Services Firm for Oil Drilling Industry

Jul 01, 2025

Versalis, Eni’s chemical company, has set out plans to transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions.As of July 1, 2025, Eni has consolidated Versalis’ position in the oilfield services…

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Jul 01, 2025

Malaysia’s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and PTTEP Sarawak Oil, collectively referred as PTTEP, for its 2025 - 2026 drilling campaign in Malaysia.Under the contract…

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Jul 01, 2025

Yinson Production has placed $1.168 billion project bond to refinance floating production, storage and offloading (FPSO) Maria Quitéria, which is operating under a 22.5-year lease and operate contract with Petrobras in the Jubarte field, offshore Brazil…

Canada Joins LNG Export Nations as First Cargo Sets Sail

Jul 01, 2025

LNG Canada has loaded the first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.Located in Kitimat, British Columbia, the LNG Canada facility…

Current News

Bonaparte CCS Project Awarded Major Project Status

Bonaparte CCS Project Awarded

Borr Drilling Announces CEO Succession Plan

Borr Drilling Announces CEO Su

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for

Semco Maritime Gets Iberdrola’s Baltic Hub Substations Service Job

Semco Maritime Gets Iberdrola’

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