Equinor has raised the cost estimate for the Snøhvit Future project to $2.77 billion (NOK 26.5 billion) in 2026 value, citing greater-than-expected complexity and operational, weather and construction challenges, while keeping the project's timetable unchanged…
Yinson Production has priced $1.458 billion of senior secured notes to refinance debt linked to its Agogo floating production, storage and offloading (FPSO) unit operating offshore Angola, in what the company said was the largest FPSO project bond to date…
Buchan Offshore Wind has secured DNV Basic Design Certification for the BW Ideol-designed concrete Damping Pool floating foundation planned for its nearly 1 GW project off Scotland, marking a further engineering milestone ahead of commercial-scale development…
Verlume has completed hyperbaric testing of the enclosure for its Orah subsea energy storage system, clearing a qualification milestone ahead of its planned deployment at the OranjeWind offshore wind farm in the Dutch North Sea.The testing was…
Chevron Technical Center has joined a long-term digital subsurface collaboration between SLB and TotalEnergies to co-develop technologies for reservoir engineering and geoscience.The collaboration, known as Arena, was established by SLB and…
MacGregor has received an order from Nantong Rainbow Offshore & Engineering Equipment to supply motion-compensated cranes and gangways for four additional Skywalker-class commissioning service operation vessels being built for IWS Fleet.The…
Orcadian Energy and an unnamed U.S. offshore data center developer have terminated an agreement to jointly develop an offshore energy-to-compute project using gas resources from Orcadian's Earlham and Orwell discoveries in UK waters.The companies…
Siemens Energy has contracted EST-Floattech to supply a battery system of more than 1 MWh for Marco Polo Marine's new CSOV Plus, a vessel designed to work in both offshore wind and oil and gas operations.The Octopus High Energy battery system…
Ørsted’s 90 MW Barrow Offshore Wind Farm has marked 20 years of commercial operations, a milestone that also represents two decades since the company began generating power in the UK.Located 7 km southwest of Walney Island in the East Irish Sea…
China Three Gorges Corporation has connected the first batch of turbines at its Yangjiang Qingzhou V and VII offshore wind project to the grid, enabling the transfer of clean power from the site located offshore Guangdong Province.The connection…
KKB Engineering's subsidiary OceanMight has received a letter of award from Shell for engineering, procurement and construction work on fixed offshore structures for several Malaysian fields.The work will cover the deliveries for the SK408 Teja…
Senior leaders from China, India, Japan, Malaysia and across Asia among more than 1,800 confirmed speakers 353 Asian companies and six country pavilions confirmed across ADIPEC’s 2,250-exhibitor global marketplace ADIPEC connects Asia’s growing energy needs with the global supply…
OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been secured a contract by ExxonMobil to supply subsea production systems for the first phase of the offshore Rovuma LNG project in Mozambique.The contract, awarded by…
Well integrity and decom specialist Unity has launched an ultra-compact blowout preventer valve designed to enable well intervention in space-constrained offshore environments where conventional Blowout Preventer (BOP) systems cannot be deployed…
ADIPEC 2026 will take place in Abu Dhabi from 2–5 November under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, in his capacity as Ruler of Abu Dhabi Energy ministers and global CEOs confirmed to share insights in conference that brings together policy…
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