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…
Aker Solutions has secured a sizeable1 four-year contract extension to provide onshore and offshore inspection services. The extension follows the customer’s decision to exercise an option included in the current agreement.Aker Solutions will…
Digital Dry-Docking: Tidewater Sees 60% Time Savings Using UniSea’s Maindeck AppTidewater is redefining how vessel dry-dockings are managed, estimating up to a 60% reduction in project time after deploying UniSea’s Maindeck digital platform…
Vard Electro, a subsidiary of the Fincantieri-owned Vard Group, has signed an agreement with the German shipyard Lloyd Werft for the delivery of complete automation and power management systems to a Platform Supply Vessel (PSV) currently being converted into a research vessel…
Unique Group, a subsea technology and engineering services firm, has been awarded a multi-million-dollar contract by CCC Underwater Engineering to deliver its Launch and Recovery Systems (LARS).As part of the agreement, Unique Group will deliver…
U-Ming Marine Offshore (UMO) and Purus have teamed up to form UPO Holdings (UPO), a joint venture aimed at expanding offshore wind operations in Taiwan and the region.UPO is commissioning two state-of-the-art VARD 419 Commissioning Service Operation Vessels (CSOVs)…
BP has awarded Oceaneering International and SLB multi-million dollar contracts to support a multi-well subsea intervention campaign at the Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, marking the first use of riserless…
Maersk Supply Service, with the support of Maritime Developments (MDL), has completed a complex dynamic riser assembly installation at Brazil’s Mero field in the pre-salt Santos Basin, connecting the deepwater site to a Permanent Reservoir Monitoring (PRM) sensor grid…
Operators are being urged to boost the efficiency of production from North Sea fields by extending the life of existing oil and gas wells, according to a new report from the North Sea Transition Authority (NSTA).Interventions, industry’s term for this type of activity…
Offshore drilling contractor Borr Drilling has terminated two of its drilling contracts following the recent implementation of international sanctions affecting a counterparty.The terminations relate to the contracts for the Odin and Hild jack…
ADES is the largest jackup drilling contractor globally, with 44 rigs owned, and four under its management, and a fleet valued at $1.98 - $2.2 billion. Shelf Drilling, also among the TOP 5 jackup drilling contractors, has a modern 32-rig competitive fleet valued at $1…
The inauguration of a world-record subsea compression system in Norway in August 2025 marked a pioneering leap in engineering. Yet according to OneSubsea CEO Mads Hjelmeland and Project Director at Shell, Richard Crichton, its success hinged…
Indeximate, a provider of fiber sensing-based cable health monitoring to the offshore wind energy industry, announced that it has demonstrated its cable health monitoring to the offshore wind farm operator RWE. Following their success in RWE’s 2023 innovation competition…
Oilfield services provider Petrofac said on Friday its ongoing restructuring would leave existing shareholders with no residual value, as it moves to complete the process by November-end.Petrofac is restructuring its finances under pressure from rising costs and delayed payments…
RWE and UK-based designer ARC marine have achieved a global first at Rampion Offshore Wind Farm with the installation of Reef cubes® as undersea protection for turbine foundations.The solution is designed to protect the critical energy infrastructure from strong currents in the subsea environment…
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