Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, expanding its international portfolio with a pre-final investment decision oil development that includes more than 200 million barrels of oil equivalent of estimated recoverable resources…
Seatrium Offshore Renewable Services (ORS) has begun construction of a new operations hub in the UK to expand its offshore wind capabilities and support a growing pipeline of renewable energy projects across Europe.The new facility in Lowestoft…
China plans to increase wind and solar power generation by 53% over the next five years, under a renewable energy plan released on Thursday that for the first time makes its green power target binding.The plan is aimed at increasing overall renewable generation to 1…
Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.Egypt is looking to bolster domestic energy production that…
Improving injury rates are masking the continued threat of fatal accidents across the offshore marine contracting industry, according to the International Marine Contractors Association (IMCA) after its latest Annual Safety Statistics Report…
PALFINGER has secured a contract from Smulders to supply 64 davit cranes for the East Anglia TWO offshore wind farm in the UK, extending its presence in one of Europe's largest offshore wind markets.The order covers one PF 160-5m davit crane for each of the project's 64 wind turbines…
Odfjell Drilling has received confirmation from Aker BP that the firm contract for the Deepsea Nordkapp semi-submersible rig has been extended by one year.The extension increases the rig's firm backlog through the end of 2028, after which Aker BP retains further extension options…
Renewable energy consultancy OWC, Korea Leading Energy Management (KLEM) and offshore energy services provider OEG have signed a memorandum of understanding to collaborate on balance of plant (BoP) operations and maintenance services for South Korea's offshore wind sector…
Sweden's government has granted permission for two new offshore wind farms and one onshore project while rejecting several other proposed developments, three ministers said in an op-ed published in Swedish daily Expressen on Thursday.Fyrskeppet…
Following two successful pilots, the Engineering Construction Industry Training Board (ECITB), in partnership with the Global Wind Organisation (GWO) and Offshore Renewable Energy (ORE) Catapult, have officially launched the Wind Turbine Maintenance…
Principle Power has secured an operations and maintenance (O&M) support contract for the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind project in the French Mediterranean, operated by Ocean Winds in partnership with Banque des Territoires…
Sunda Energy has submitted an application for a new petroleum exploration permit covering an offshore area of New Zealand's Taranaki Basin as the company expands its focus on gas opportunities in the country.The proposed permit covers approximately…
Bordelon Marine has completed the conversion and redelivery of the MV Lilly Bordelon, a Stingray Series 260 Class DP-2 Ultra-Light Intervention Vessel (ULIV).Repurposed from an existing platform, the Lilly Bordelon has been transformed into…
The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells in North Sea offshore Norway.The first permit is for wellbore 35/6-7 S in production license 929, operated by Vår Energi with 40% stake…
DOF Group ASA announced a large contract award for Subsea Construction and Pre Commissioning Support services in the APAC Region.Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence in Q4 2026 in North Australian waters…
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