Oilfield services firm Archer has secured a five-year contract extension for platform drilling and maintenance services in the U.K. with an estimated contract value of $110 million.The extension will start on May 1, 2026 in direct continuation of the current contract…
Saipem has launched the LiSa Hyper Harness, a smart safety harness equipped with sensors and artificial intelligence designed to enhance worker safety during operations at height.The device monitors how workers connect to fall protection systems…
Ocean Power Technologies (OPT) has partnered with Mythos AI to integrate advanced artificial intelligence autonomy software across OPT’s WAM-V autonomous surface vehicles and PowerBuoy platforms.The partnership aims to enhance OPT’s operational…
Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales.The group’s net order book stood at about $12…
Petrobras’ P-79 floating production, storage and offloading (FPSO) unit has departed South Korea’s Hanwha Ocean shipyard bound for Brazil’s Búzios field, where it will add 180,000 barrels-per-day production capacity by 2026.The P-79 set sail on November 11 from Hanwha Ocean shipyard in Geoje-Si…
Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite softer trends in its services business, a decline in small-scale fabrication activity and anticipated losses from the recently acquired Englobal business…
Aker Solutions has secured a five-year enabling contract extension with ExxonMobil Canada Properties, the operator of the Hebron platform offshore Newfoundland and Labrador.The brownfield maintenance and modification (M&M) contract, valued between $147 million and $245 million…
Halliburton has secured an integrated drilling and completion services contract for the HI gas field development in OML 144 offshore Nigeria by Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies…
ARB Wind, specialist in asset integrity services to the UK’s wind energy sector, has been awarded a significant contract by Neart na Gaoithe (NnG) Offshore Wind Limited.The balance of plant, inspection & maintenance, and above water foundations inspections contract…
Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform…
Oceaneering International, Inc. announced Vision Subsea, a new module within the cloud‑based Vision 3D data visualization software platform developed by GDi, an Oceaneering company. The module presents engineering-grade point cloud data generated during ROV operations…
Global energy technology company SLB announced the launch of Tela, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better business outcomes…
Seatrium Limited has announced that it has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading Ltda, an unrelated third party, to sell 100% equity interest in its indirect wholly-owned subsidiary, Guanabara Navegação Ltda (GNL)…
THREE60 Energy, a leader in the global energy services sector, has announced a step in its Middle East growth strategy with the acquisition of Total Vision (TV), a multidisciplinary engineering and project management services provider in Abu Dhabi…
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