Kongsberg Maritime has developed a simplified mooring system for offshore floating structures. Building on its patent-pending integrated tensioning and remote pull-in technologies, the company is now focused on reducing cost, complexity, and environmental impact across the mooring system lifecycle…
Equinor has exercised its option to extend the firm period of the contract for two of DOF’s platform supply vessels (PSVs).Equinor extended contracts for Skandi Flora and Skandi Mongstad PSVs.The extension is applicable from October 2025, according…
French offshore services provider Bourbon has signed a five-year charter contract with ExxonMobil to supply new 34-meter crewboats for oil and gas personnel transfers offshore Angola.The vessels will operate between Soyo and Block 15, about 80 miles offshore…
Principle Power has reported that offshore wind farms using its WindFloat technology have delivered more than 1 TWh of cumulative power to the grid since the first pilot was installed in 2011, marking a key step toward scaling floating offshore wind to commercial levels…
Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a contract for the Borgland Dolphin semi-submersible drilling rig.The potential contract would be expected to have a value of approximately $58 million.The scheduled start would take place in the second half of 2026…
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador in Canada…
Koil Energy Solutions, an international specialist in subsea equipment and services, has secured a significant contract, which includes the supply of control equipment for a subsea isolation valve system.The purpose of the system is to protect…
U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras.The contracts were awarded during the second quarter of 2025…
Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday.The deals, signed by the state-owned Egyptian Natural Gas Holding Company (EGAS)…
Renewable energy consultancy OWC has secured cable engineering support job for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…
Egypt's petroleum ministry said on Friday that two new wells in the deepwater West Delta have gone online, adding about 60 million cubic feet per day (mcfd) of natural gas to the country's output.Egypt seeks to boost gas production after increasingly turning to imports to meet domestic demand…
Subsea resourcing specialist DRIFT Offshore has extended its service capabilities by formally opening a new, purpose-built subsea repair and engineering facility in South Florida.Creating five new job roles in the process, the launch of the 5…
Norwegian oil and gas firm OKEA has entered into an agreement with Harbour Energy Norge to farm-in to a 20% working interest in Alpehumle license, located north of Gjøa, offshore Norway.OKEA’s position in the greater Gjøa area is strengthened by the farm-in of Alpehumle…
Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs and confirmed the start of operations for one of its rigs offshore Mexico.In the North Sea, Borr Drilling’s Prospector 1 jack…
Norwegian offshore supply vessel owner DOF Group has secured a long-term commitment from an international operator for the construction support vessel (CSV) Skandi Inventor in the APAC region.The contract duration is one year with further extension options…