Offshore News


Malaysian Firm Enters Cable Laying Business with Vessel Acquisition

Apr 16, 2025

Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has set out plans to acquire a newly-built DP2 cable-laying barge for $20.5 million, marking its expansion into cable laying market.The 98-meter-long barge…

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Apr 16, 2025

Malaysia-based offshore services firm Sapura Energy, through its Offshore Support Vessel & Geosciences business, has secured multiple vessel contracts in Malaysia and Thailand, worth around $22.6 million.The newly secured contract will keep…

Spat Delays Dismantling of FPSO in Brazil

Apr 15, 2025

A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said, in a setback for local shipyards.The operation…

Guyana’s Fourth FPSO Ready for Installation

Apr 15, 2025

A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on Tuesday.The floating production storage and offloading (FPSO) facility 'One Guyana…

MHI, SBM to Study Application of CO2 Capture Modules for Petrobras’ FPSOs

Apr 15, 2025

Mitsubishi Heavy Industries (MHI) and Single Buoy Moorings, the subsidiary of SBM Offshore, have agreed to conduct a study for the application of CO2 capture modules on future floating production storage and offloading vessels (FPSOs) for Petrobras…

TotalEnergies Inks 15-Year LNG Supply Deal for Dominican Republic

Apr 15, 2025

TotalEnergies has signed an agreement with Energia Natural Dominicana (ENADOM), the joint venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year.Subject to the finalization of the supply purchase agreements (SPAs)…

ExxonMobil Drill Offshore Cyprus Fails to Find Gas in Commercial Amounts

Apr 14, 2025

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday.Drilling operations had been completed at the Elektra-1 well in Block 5 of the exclusive economic zone (EEZ) of Cyprus…

Sea1 Offshore Sells 2014-Built Offshore Construction Vessel

Apr 14, 2025

Sea1 Offshore, formerly Siem Offshore, has signed an agreement to sell the 2014-built offshore construction vessel (OSCV) Sea1 Spearfish to an independent third party.The sale is done on market terms and will result in a gain of approximately $40 million for Sea1 Offshore…

Havila Acquires Polarsyssel Offshore Supply Ship

Apr 11, 2025

Havila Holding, through its subsidiary Havila Skipsinvest, has acquired the Polarsyssel offshore supply ship from Fafnir Norway.Polarsyssel serves as the Governor of Svalbard’s service vessel and plays a key role in safety and emergency preparedness in the region…

Delfin Secures Key Permits for First Offshore LNG Export project in US

Apr 11, 2025

U.S.-based liquefied natural gas (LNG) export infrastructure development company Delfin Midstream has secured key permits and approvals for the construction of LNG projects, under development in Louisiana and offshore in the Gulf of America…

Brazil Prepares Extra 2025 Auction

Apr 10, 2025

Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and rising global trade uncertainty, said four people familiar with the matter.Two of the sources…

Petrobras Eyes Exploration Opportunities in India

Apr 10, 2025

Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday.Petrobras has already collected data…

Subsea7 Secures Contract Extension for Seven Viking Subsea Vessel

Apr 10, 2025

Eidesvik Seven Chartering, a joint venture company between Subsea7 and Eidesvik Offshore, has entered into an agreement with Subsea7 to extend the contract for the subsea vessel Seven Viking.Subsea7 declared the remaining option for 2026 and…

OEG Unveils Geometry Assurance Software for Ships and Subsea Vessels

Apr 09, 2025

OEG Energy Group (OEG) has officially unveiled GEOBASE, an offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software…

DOF Gets Subsea Mooring Installation Job in Asia Pacific

Apr 09, 2025

Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for moorings and installation subsea services…

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