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…
Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets…
Norske Shell has awarded AGR a frame agreement for the provision of specialist workforce to its onshore and offshore operations in Norway.The agreement covers the supply of project and long-term personnel and consultants for areas including drilling and wells…
Kongsberg has signed a contract with an unnamed international customer to deliver technologies for the protection of critical infrastructure.The project will focus primarily on underwater surveillance and protection, according to Kongsberg, which did not disclose the value of the contract…
EnergyPathways has launched the work program for its MESH offshore energy storage project after formally accepting a gas storage license for the development in the East Irish Sea.The company plans to carry out a site survey in the third quarter of 2026 to collect environmental…
Cidade de Niterói MV18 floating production, storage and offloading vessel (FPSO) unit, owned and operated by MODEC, has arrived at a ship recycling facility in Denmark after completing charter and operations and maintenance services for Petrobras at the Marlim Leste field offshore Brazil…
How well do we really understand the electrical systems powering today’s vessels? Many of us realize how important electricity is to our modern world but may be a bit shaky on the specifics. The Welsh comedian Tommy Cooper once joked, 'Electricity is a wonderful thing…
The latest bout of political turmoil in Britain comes as energy security has moved front and centre following the Iran war, offering the next prime minister a chance to rethink the country’s North Sea oil and gas strategy.Andy Burnham, who is…
Trendsetter Vulcan Offshore (TVO) has deployed its proprietary Hercules tethered blowout preventer (TBOP) system to bring a shut-in well in the Gulf of America back into production, enabling a deepwater drilling rig to carry out a shallow-water workover operation…
Shearwater Geoservices has been awarded a 4D towed‑streamer seismic acquisition project for the Mariner field in the UK North Sea by Adura Operations, a joint venture between Shell and Equinor.The one-month survey will start in July 2026 and…
The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as opportunities…
Oil prices rose on Friday as the prospect of a lasting truce between the U.S. and Iran was clouded after peace talks in Switzerland were called off and as Israel stepped up attacks on Lebanon.By 0645 GMT, Brent crude futures LCOc1 gained 51 cents…