Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…
Shell has launched a multi-well offshore drilling campaign in Egypt’s Mediterranean waters using Stena Drilling’s Stena IceMax drillship, marking the start of a new development phase at the West Mena gas field.Egypt’s Minister of Petroleum and Mineral Resources…
Trendsetter Vulcan Offshore (TVO) added Jeff Bockmiller and Mike Tricarico to its project management staff.Bockmiller has spent more than a decade in project management and has 17+ years of experience in the energy industry. Before joining TVO…
Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction costs…
Borr Drilling has reported a drop in revenue in its unaudited results for the three months and year ended December 31, 2025.Highlights include:•Fourth quarter total operating revenues of $259.4 million, a decrease of $17.7 million or 6% compared…
Viridien has entered into a collaboration with NVIDIA to advance high-performance computing (HPC) capabilities for seismic imaging workflows, focusing on optimizing subsurface imaging technologies on NVIDIA accelerated computing platforms.The…
A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.The deal doubles the amount of Greek maritime…
SLB has secured multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo natural gas deepwater development and associated exploration and appraisal activities in the Andaman Sea offshore Indonesia.The contracts cover…
Maritime and critical infrastructure cybersecurity specialist Cydome has introduced a cybersecurity solution designed for offshore wind farms and other remote energy facilities that can be deployed without physical installation.The new offering…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured work for its anchor handling tug supply (AHTS) vessel in North Sea and platform supply vessel (PSV) in Australia.The contract for Skandi Skansen AHTS in the North Sea…
Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a fleet of 73 drilling rigs.The combined company…
Maritime design and engineering consultancy Longitude has launched a new compact platform supply vessel (PSV) design D-Flex, aimed at improving cost efficiency for shipowners.The D-Flex PSV is the second design in Longitude’s IMT Isca series…
MacGregor has been selected to supply a substantial 400-tonne Active Heave Compensated (AHC) subsea crane for a new 127-meter Floating Wind Farm Construction Vessel (FWCV).Purpose-built for the burgeoning floating offshore wind market, the new…
Chevron has signed a memorandum of understanding, or an initial agreement, with the Syrian Petroleum Company and the Qatari firm UCC Holding to evaluate exploration for oil and gas offshore Syria, a spokesperson for the U.S. major said on Wednesday…
Provider of energy data and intelligence TGS has signed of an ocean bottom node (OBN) contract in Europe, extending the acquisition campaign further.The company’s node-on-a-rope crew is scheduled to start acquisition in early April and the contract has a duration of approximately 45 days…
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