Industry News

 

Valaris' Drilling Rig Contracts Backlog Grows to $4 Billion

May 02, 2024

Offshore drilling company Valaris has secured new contracts and extensions for its drilling rigs, increasing its contract backlog to approximately $4 billion.Since its latest fleet status report, issued on February 15, 2024, Valaris has secured…

Coastal Virginia Offshore Wind Project Has Not Been Delayed

May 01, 2024

Dominion Energy has announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has been delayed are false and grossly misrepresent the facts.“On April 29, anti-wind groups filed a petition in the United States District…

Macquarie Asset Management to Sell Stake in UK Offshore Wind Farm

May 01, 2024

Macquarie Asset Management, part of Macquarie Group, has agreed to sell a 10% stake in Britain's East Anglia ONE offshore wind farm to renewable energy asset manager NTR.East Anglia ONE is a 714 megawatt wind farm, located in the North Sea, 43 km (27 miles) off the Suffolk coast…

SMD Invests £300K in Clean Energy

May 01, 2024

Subsea engineering and technology company SMD reports it has spent more than £300,000 this year to make environmental improvements to its Wallsend, U.K. headquarters.The firm, which plans to achieve its ISO 14001 environmental standard certification by the end of the year…

Windward Offshore to Equip CSOV Newbuild Duo with Seaonics’ Cranes

Apr 30, 2024

German shipowner Windward Offshore has ordered 3D Electric Controlled Motion Compensated (ECMC) cranes from Seaonics for two Commissioning Service Operation Vessels (CSOVs) being built by Norwegian shipbuilder VARD.The order marks Seaonics' first equipment delivery to Windward Offshore…

Petrobras Eyes Offshore Wind Pilot in Northeastern Brazil

Apr 30, 2024

Petrobras has signed a memorandum of understanding with the State of Rio Grande do Norte for studies on the feasibility of implementing an offshore wind pilot project in Brazil’s northeastern state.The value of the investment and the generation capacity will be assessed as the project develops…

Kraken Robotics Wins $11M of New Service Contracts

Apr 30, 2024

Canadian marine technology company Kraken Robotics has secured $11 million of new contracts since the start of the year.The work scope of the contracts will be completed in 2024, Kraken Robotics said.The contracts consist of a $8 million Acoustic Corer deal signed earlier in April…

Archer Nets $40M Platform Drilling Services Extension in UK

Apr 30, 2024

Oilfield services firm Archer has secured a two-year contract extension for platform drilling services in the UK with an estimated contract value of $40 million.The extension will start on May 1, 2024 in direct continuation of the current contract…

UTEC Gets Offshore Wind Survey Job in Taiwan

Apr 30, 2024

UTEC, a geo-services brand in Acteon’s Data and Robotics division, has been awarded an offshore survey and positioning contract for the Taiwan Power Company's (TPC) Phase 2 offshore wind farm project in Taiwan. The contract further reinforces…

Bibby Marine Places Order for ‘World’s First’ eCSOV

Apr 30, 2024

Bibby Marine has signed a shipbuilding contract with Gondan Shipbuilders to construct what is said to be the world’s first zero-emission, electric commissioning service operation vessel (eCSOV).The eCSOV will be built in Gondan’s Asturias shipyard in Spain and is scheduled to be delivered in 2026…

DOF Secures $192M from Two Contracts with Petrobras

Apr 30, 2024

Norwegian offshore vessel operator DOF Group has secured two contracts with Brazil’s state-run oil and gas company Petrobras, worth over $192 million.Petrobras has awarded new long-term charter and service contracts to Norskan Offshore. and DOF Subsea Servicos Brasil…

Dolphin Drilling Terminates GHL Contract for Blackford Dolphin Rig

Apr 30, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has terminated the contract with General Hydrocarbons Limited (GHL) for the Blackford Dolphin semi-submersible drilling rig due to issues with the agreed payments.The Dolphin Drilling’s Blackford…

BW Energy Inks $150M Deal for MaBoMo Production Facility Offshore Gabon

Apr 30, 2024

Oil and gas company BW Energy has signed a sale and leaseback agreement with a Minsheng Financial Leasing (MSFL) for the MaBoMo production facility on the Dussafu license, offshore Gabon.The agreement will provide $150 million of gross sales…

Shelf Drilling Scoops $54M for Jack-Up Rig Job

Apr 30, 2024

Offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with a North Sea operator for operations in the UK Continental Shelf.The company did not disclose the name of the client, revealing…

Conroy Joins Connector Subsea Solutions

Apr 29, 2024

Connector Subsea Solutions announced it has hired Martyn Conroy as its new group business development director.'With his extensive experience in driving revenue growth and fostering client relationships, Martyn brings a wealth of expertise to the company…

Current News

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Aquaterra Energy Gets Multi-Ye

Two DOF Vessels Get Work in North Sea and Australia

Two DOF Vessels Get Work in No

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine