Norwegian oil and gas firm OKEA has spudded the first of two production wells at Bestla development, formerly known as Brasse, in the North Sea using Odfjell Drilling’s Deepsea Yantai rig.The well is being drilled by the rig Deepsea Yantai from the Bestla Subsea Template…
Saudi Arabian oil and gas drilling contractor ADES International Holding has agreed to buy rival rig firm Shelf Drilling for $379.8 million.The transaction is expected to close in the fourth quarter of 2025 subject to customary closing conditions…
Wind Multiplikator, a subsidiary of Danish company Semco Maritime, has signed a long-term charter agreement with Norwegian shipping company Norwind Offshore for a Commissioning Service Operation Vessel (CSOV), set for deployment at an offshore wind farm in German North Sea…
Woodside has agreed to assume operatorship of the Australian Bass Strait assets that it shares with ExxonMobil and plans to develop additional gas resources using existing infrastructure there.Woodside will assume operatorship of the offshore Bass Strait production assets…
Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…
BW Energy, together with NAMCOR E&P, has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu license, offshore Namibia.The drilling operation in the Orange Basin is scheduled for the second half of 2025…
Offshore drilling contractor Shelf Drilling has secured work for two of its jack-up drilling rigs in U.K. and Egypt, under new contracts and extensions worth collectively around $35 million.Shelf Drilling has signed a one-year extension for…
U.S.-based low-carbon marine power, data, and service solutions provider Ocean Power Technologies (OPT) has signed a new reseller agreement with a Latin America-based partner focused on supporting the Mexican offshore and maritime markets.The…
PACC Offshore Services Holdings (POSH), an offshore marine solutions provider, has expanded its towage and installation fleet with the addition of a new anchor handling towing (AHT) vessel, POSH Courage.This fleet enhancement strengthens POSH’s capacity to undertake larger or multiple towages…
Offshore drilling contractor Vantage Drilling has extended the expiration date for the conditional letter of award (CLOA) for its Platinum Explorer ultra-deepwater drillship, agreed with an undisclosed client.The 90-day validity period of the…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought online the Kenli 10-2 oil field (Phase I), the largest shallow lithological oil field offshore China.The project is located in southern Bohai Sea…
Precision engineering firm Hunting has secured awarded an order worth $31 million for its titanium stress joints (TSJs), which will form part of a phase three deepwater gas development in the Turkish area of the Black Sea.Hunting's Subsea Spring business unit…
SBM Offshore’s Jaguar floating production, storage and offloading (FPSO) unit, bound for deployment at ExxonMobil’s field off Guyana, has entered the drydock at Seatrium yard in Singapore.The drydocking represents a major new forward in the delivery of the FPSO…
NKT has selected Helix Robotic Solutions as the partner for operating its new T3600 subsea trencher, said to be the world’s most powerful trencher, which will become operational in 2027.NKT has entered a long-term cooperation and frame agreement with UK-based Helix Robotic Solutions Limited…
Norwegian offshore vessel owner Solstad Maritime has secured work for its Normand Pioneer construction support vessel (CSV) for the end-client Petrobras.The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore (SOFF)…