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Exploration Well in Black Sea Offshore Block Comes Up Dry

Feb 04, 2026

An OMV Petrom-operated exploration well, drilled at the Vinekh prospect in Black Sea's Han Asparuh block off Bulgaria, has been assessed as dry, after encountering only non-significant natural gas shows, according to NewMed Energy, one of the partners in the license.The well reached a final depth of around 3,230 meters below sea level. While gas shows were encountered in the target formations, they were assessed as non-commercial…

PXGEO Appoints New Technical and Operations Chiefs

Jan 14, 2026

Marine seismic company PXGEO has appointed two senior executives to strengthen its leadership team and support operational performance across its global operations.Bob Nouh has been named technical solutions director and senior vice president…

Ulstein Verft Launches First of Two JP Morgan’s CSOV Newbuilds

Jan 09, 2026

Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall to the outer dock…

Drydocks World to Convert LNG Carrier into FSU for Gabon Project

Jan 09, 2026

Drydocks World, a unit of Dubai-owned ports and logistics group DP World, has signed a contract with Dixstone Lower Gulf FZCO to convert an LNG carrier into a floating storage unit (FSU) for use in Gabon’s offshore gas development.The engineering…

ASRY Offshore Division Looks to 200th Project Milestone

Jan 07, 2026

The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY since its Offshore Division was established…

ASRY Completes Multiple Rig Upgrades for ADES

Dec 30, 2025

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain…

Cadeler Launches 11th Offshore Wind Installation Vessel in China (Video)

Dec 18, 2025

Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections…

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dec 16, 2025

Safety technology firm Dräger UK has won a six-figure contract with a major North Sea operator for the supply of advanced gas detection and monitoring solutions.Due to be rolled out across an offshore oil and gas asset next year, the deal marks…

BW Energy Inks Long-Term Lease for Maromba Drilling Platform

Dec 15, 2025

BW Energy has signed a long-term lease agreement for the Maromba drilling and wellhead platform, converting a short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B into a project lease with Minsheng Financial Leasing (MSFL).The…

Kongsberg Maritime Secures LARS Contract with Sea1 Offshore

Dec 04, 2025

Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations…

Semco Maritime to Work on Floatel Endurance Rig Optimization

Dec 02, 2025

Floatel International has selected Semco Maritime’s Hanøytangen facility outside Bergen in Norway, to perform a series of modifications and service works on the Floatel Endurance rig ahead of an upcoming contract on the Norwegian Continental Shelf…

Drydocks World Converts Tanker to FPSO Ahead of Deployment off Nigeria

Nov 25, 2025

Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker…

Jifmar Concludes Takeover of 15 Seacontractors Workboats

Nov 24, 2025

Jifmar Group has completed the transfer of Seacontractors’ fleet of 15 workboats, finalizing a deal signed in August and strengthening its presence in the Middle East and Indian Ocean.The vessels and associated teams formally joined Jifmar on November 19…

Renewables Not Expanding Fast Enough to Replace Fossil Fuels, COP30 Warns

Nov 20, 2025

The message could not have been clearer as protesters carried coffins labeled oil, coal and gas through Belém while negotiators met in the Amazonian city for the United Nations COP30 climate summit.It may be too early to declare the end of the fossil fuel era…

Noble Intrepid Jack-Up Drills Dry Well in North Sea

Nov 18, 2025

DNO and its partners have drilled a dry well in the Page prospect in the southern part of the North Sea, using Noble Corporation’s Noble Intrepid jack-up rig.The wildcat well 2/6-8 S and technical sidetrack 2/6-8 ST2 were drilled in production license 1086…

Current News

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Venterra Company, CAPE Holland

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Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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