Offshore Regions News - page 5

 

Marco Polo, Siemens Gamesa Ink Two-CSOV Framework Agreement

Jul 10, 2026

Singapore-listed marine logistics company Marco Polo Marine's offshore wind division, PKR Offshore, has signed a framework agreement with Siemens Gamesa for the deployment and charter of two commissioning service operation vessels (CSOVs) for offshore wind projects in Asia…

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

Jul 10, 2026

London-listed independent energy company EnQuest has cleared a key hurdle in its proposed $833 million acquisition of interests in four offshore production sharing contracts in Malaysia after existing partners waived their pre-emption rights over one of the three transaction packages…

Norway Oil Service Strike Deepens Output Losses

Jul 10, 2026

Norway's oil and gas production has been reduced by 2.4 million barrels of oil equivalent (boe) so far this year as a result of an ongoing pay strike by oil service workers, industry group Offshore Norway said on Thursday.Norway produced about 1…

ONGC Plans Major New Indian Oil Reserve

Jul 10, 2026

India's top explorer Oil and Natural Gas Corp ONGC.NS will build a 1.75 million metric ton (MT) national strategic petroleum reserve in Mangalore in southern India, the company said in a stock exchange filing late Thursday.India, the world's third biggest oil importer and consumer…

Van Oord, Sumitomo Sign HVDC Framework Deal for Scottish Interconnector

Jul 09, 2026

SSEN Transmission has signed a long-term framework agreement with a consortium of Sumitomo Electric and Van Oord to support future high-voltage direct current (HVDC) subsea transmission infrastructure across the north of Scotland.The agreement covers the engineering…

Baker Hughes Lands Cheniere’s Sabine Pass LNG Expansion Work

Jul 09, 2026

Baker Hughes has secured three awards for Cheniere's Sabine Pass LNG facility in Louisiana, covering liquefaction equipment for Train 7 and a boil-off gas re-liquefaction unit, as well as fleet-wide gas turbine technology upgrades.The contract…

Saipem Taps Fugro for CCS Development off UK

Jul 09, 2026

Fugro has secured a contract from Saipem to provide integrated marine survey and inspection services for the Northern Endurance Partnership (NEP), the UK's first carbon capture transportation and storage infrastructure project.Saipem is leading the engineering…

Axess Secures Work on Two Golar LNG’s FLNG Assets

Jul 09, 2026

Axess Group has been selected by Golar LNG to carry out maintenance build and integrity management work across two floating liquefied natural gas (FLNG) assets following competitive tender processes.For the MK II FLNG, Axess will provide maintenance build services…

Vår Energi Gets Clearance to Drill Wildcat Wells off Norway

Jul 09, 2026

The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells offshore Norway.The first permit is for wellbore 6407/5-3 S in production license 1002, in the Norwegian Sea.Vår Energi operates the license with 42…

US Moves Forward with Delfin LNG Deepwater Port License

Jul 09, 2026

The U.S. Department of Transportation's Maritime Administration (MARAD) has decided to move forward with issuing a deepwater port license to Delfin LNG after a federal appeals court denied review of a legal challenge by environmental groups…

TGS Sells North American Well Data Business to Enverus

Jul 09, 2026

Energy data and intelligence provider TGS has completed the sale of its North American well data products business to Enverus for a purchase price exceeding $100 million.The transaction includes $100 million payable at closing and an additional…

TRIG to Exit Batrice Offshore Wind Farm in $200M Stake Sale Deal

Jul 09, 2026

The Renewables Infrastructure Group (TRIG) has signed a sale and purchase agreement to divest its 17.5% stake in Scotland's 588 MW Beatrice offshore wind farm for about $207 million (£155 million).The agreement follows TRIG's June 15 announcement that funds managed by Equitix Investment Management…

TotalEnergies Ships First ECA LNG Cargo from Mexico to Asia

Jul 09, 2026

TotalEnergies has shipped the first cargo produced by the ECA LNG Phase 1 export terminal on Mexico's Pacific coast to Asia as the facility undergoes commissioning.The company holds a 16.6% stake in the project alongside operator Sempra Infrastructure and will offtake 1…

ExxonMobil Bets $1B on Nigeria’s Usan Offshore Development

Jul 09, 2026

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add 40,000 barrels per day (bpd) of oil production, Nigeria's upstream regulator said on Wednesday.The Nigerian Upstream…

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Jul 09, 2026

The possible collapse of U.S.-Iran peace talks and the stop-start flow of tankers through the Strait of Hormuz are a nightmare scenario for Gulf nations desperate to return to normal after a bruising multi-month conflict.What was meant to mark…

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Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Velesto Frees Up Drilling Rig

OneSubsea Gets Two Production Boosting Jobs for Vår Energi

OneSubsea Gets Two Production

All Production Wells Come Back Onstream at Karoon Energy’s Baúna Field

All Production Wells Come Back

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