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Offshore oil and gas platform at sea
Industry

Floatel Triumph Lined Up for Brazilian Safety Unit Work in 2027

Floatel International has received a letter of intent for the semi-submersible Floatel Triumph to provide maintenance and safety unit services offshore Brazil from 2027.

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Offshore technician at work at sea
Product

MacGregor Gangway Certified for Transfers Between Two Floating Vessels

MacGregor's Horizon gangway has received DNV certification for floating-to-floating personnel transfer, enabling motion-compensated walkways between two independently moving vessels.

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Offshore construction vessel working at sea
Industry

Solstad Wins $62m Petrobras Contract for CSV Normand Valiant

Solstad has secured a two-year contract with Petrobras worth about $62m for the construction support vessel Normand Valiant, starting in the fourth quarter of 2026.

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Deck machinery aboard a floating production storage and offloading vessel
Industry

CB&I Lands Three-Year Ivory Coast FPSO Services Contract

CB&I Asset Solutions will run operations, maintenance and integrity management on an FPSO off Ivory Coast under a three-year contract worth between $50m and $100m.

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An offshore construction vessel working in open water
Industry

Chilean Study Confirms Antarctica Subsea Cable Is Technically Feasible

A feasibility study led on behalf of Chile's telecoms regulator has mapped two subsea cable routes to Antarctica, the larger connecting nine landing points across five countries' bases.

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Integrated mooring package with delivery scheduled for mid-2027, built with IP Huse
Industry

Kongsberg Maritime Wins Deck Machinery Contract for Asian FPSO

Kongsberg Maritime will deliver a fully integrated mooring and deck machinery package for a new FPSO serving an offshore development in Asia, with equipment delivery due in mid-2027.

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Petrobras Field Passes Four Billion Barrels As Pre-Salt Turns Twenty
Industry

Petrobras Field Passes Four Billion Barrels As Pre-Salt Turns Twenty

Petrobras has recorded a milestone at its Tupi field in the Santos Basin, which has passed four billion barrels of oil equivalent in cumulative production, the first asset in the company's 73-year history to reach that figure.

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Solstad Books Construction Vessel For Six Years Of West African Subsea Work
Industry

Solstad Books Construction Vessel For Six Years Of West African Subsea Work

Norwegian offshore vessel owner Solstad Maritime has signed a letter of intent with an undisclosed client for the construction support vessel Normand Cutter, covering three firm years with a further three years of options.

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Singaporean Operator Wins Subsea Diving Work In The Arabian Gulf
Industry

Singaporean Operator Wins Subsea Diving Work In The Arabian Gulf

A Singapore-based offshore marine services company has secured a lump-sum contract for subsea diving and installation work in the Arabian Gulf, with offshore execution scheduled for the third quarter.

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Two Tugs Complete Six-Week Ocean Tow Of Production Vessel
Industry

Two Tugs Complete Six-Week Ocean Tow Of Production Vessel

Two anchor handling tugs have completed a tow of a 315-metre floating production, storage and offloading vessel from the Campos Basin off Brazil to a port in northern Denmark, a voyage of roughly six weeks.

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Nigeria Approves Framework Aimed At Fifty Billion In Deepwater Investment
Industry

Nigeria Approves Framework Aimed At Fifty Billion In Deepwater Investment

Nigeria's president has approved a new fiscal and regulatory framework for deepwater oil investment which the government says could attract up to fifty billion dollars, in a measure intended to support projects including a major

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Contractor Wins Flexible Pipe Work On Angolan Deepwater Project
Industry

Contractor Wins Flexible Pipe Work On Angolan Deepwater Project

An offshore engineering contractor has been awarded a contract described as significant, a category indicating a value between 75 and 250 million dollars, for flexible flowlines and risers on a deepwater project offshore Angola.

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Welder working on large diameter pipe sections
Industry

Italian Contractor Adds Large Middle East Offshore Award To Summer Run

An Italian energy services contractor has won an offshore engineering, procurement, construction and installation contract in the Middle East worth about 1.8 billion dollars.

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Offshore drilling installation seen across open water
Industry

Gulf Of Mexico Lease Sale Rebounds But Falls Short Of Last Year's Record

The third Gulf of Mexico offshore lease sale of the current programme raised 82.7 million dollars in high bids across 59 blocks, well below the record first auction a year ago.

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Offshore oil rigs at night
Industry

Saipem wins around $2bn FPSO contract off Indonesia

Saipem has won an EPCI contract worth around $2bn for an FPSO at Eni's Kutei North Hub development off East Kalimantan, Indonesia.

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Coins stacked in ascending order
Industry

Offshore Field Development Spending Forecast To Reach 137 Billion Dollars

Global offshore field development investment is forecast to reach 137 billion dollars this year, with project sanctioning close to double the level of the preceding period.

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Offshore workers handling equipment on a platform
Industry

Larsen & Toubro wins ultra-mega offshore order from ADNOC

The offshore arm of Indian engineering group Larsen & Toubro has secured what the company classifies as an ultra-mega order from ADNOC Offshore, placing the award above 15,000 crore rupees, or roughly 1.7 billion dollars.

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Crew member aboard a vessel at an offshore wind farm
Vessel sales

Viking Reach sold to Greek subsea contractor for trenching work

Eidesvik Offshore and Reach Subsea have agreed to sell their jointly owned inspection, maintenance and repair vessel Viking Reach, with the buyer subsequently identified as the Greek subsea contractor Asso.subsea.

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Offshore installation seen from a vessel deck
Industry

Saipem wins $930m of Eni work led by Ivory Coast deepwater project

Saipem has secured contracts worth approximately 930 million dollars, or around 800 million euros, from Eni, with the largest element covering the third phase of the Baleine development offshore Ivory Coast.

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Offshore drilling rigs lit up at night
Industry

Odfjell semisub back at work after blowout preventer dropped to seabed

The 2009-built semisubmersible Deepsea Atlantic has returned to work more than three months after dropping a blowout preventer to the seabed during installation.

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Offshore construction vessel at sea
Industry

TGS wins 100-day ocean bottom node contract in AMME region

Oslo-listed seismic specialist TGS has won a new ocean bottom node contract covering the Africa, Mediterranean and Middle East region.

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An offshore oil production platform at sea
Incident

Petrobras delays restart of P-52 platform after gas leak investigation

Petrobras says its P-52 offshore platform remains shut down nine months after a flammable gas leak, with no timetable yet set for restarting production.

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A large offshore support vessel with a crane at sea
Other

Seamec to provide diving support on ONGC's ageing DSV fleet

Indian offshore vessel operator Seamec has agreed to provide subsea diving services on two diving support vessels working for state energy producer ONGC.

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An offshore construction vessel with a crane working near a platform
Industry

Saipem lands $913m contract double in Ivory Coast and Italy

Saipem has won two new contracts worth a combined $913 million, covering offshore development work in Ivory Coast and an onshore project in Italy.

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An offshore support vessel operating near an oil platform
Vessel sales

DOF reshapes offshore fleet with PSV sale, CSV order and Skandi Amazonas write-off

DOF Group is selling four platform supply vessels, ordering two new construction support vessels and collecting a $115 million payout after writing off the grounded Skandi Amazonas.

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Offshore support vessel crew conducting deck operations
Incident

Offshore fatalities more than double even as injury rates keep improving

The offshore marine contracting industry's fatality rate more than doubled last year even as traditional injury metrics continued to improve, a leading safety body has warned.

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Floating storage and offloading unit at an offshore terminal
Industry

ABL wins marine warranty role on Papua New Guinea's first offshore FSO

Marine consultancy ABL has secured a marine warranty survey contract covering the installation of Papua New Guinea's first offshore floating storage and offloading unit.

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Offshore construction vessel laying subsea pipeline
Industry

Brussels opens full-scale probe into Saipem-Subsea7 merger over price concerns

European Union antitrust regulators have opened a full-scale investigation into the merger of two major offshore energy contractors, warning it could lead to higher prices and less innovation.

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A semisubmersible offshore platform undergoing conversion work at a yard
Vessel sales

Chinese yard to convert a semisubmersible rig into a 600-person floating accommodation unit

A Shanghai shipyard has won a contract to convert a semisubmersible drilling rig into a 600-person floating accommodation unit, in one of China's more significant rig-conversion projects in years.

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An offshore support vessel operating near an oil terminal
Vessel sales

Saudi Arabia to add two new offshore support vessels at Ras Tanura

Grandweld Shipyards has agreed to build two new offshore support vessels for Bahri Logistics, expanding capacity to serve Saudi Arabia's Ras Tanura energy hub.

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Offshore support vessel near a platform
Industry

Improving safety record masks a rise in offshore fatalities

An industry report finds offshore fatalities more than doubled even as overall safety performance improved.

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Offshore support vessel at sea
Vessel sales

DOF reshapes its fleet with vessel sales and new acquisitions

Norwegian offshore owner DOF is reshaping its fleet, selling four platform supply vessels while adding construction tonnage.

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Offshore production and storage unit at sea
Vessel sales

SBM Offshore to sell a stake in a Mexican FSO to NYK

SBM Offshore is selling a 45% stake in a new FSO bound for Mexico's Trion field to NYK, keeping majority control.

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Offshore platform and subsea works
Industry

Navantia UK ships subsea structures from Scotland to a Trinidad gas field

A UK yard has delivered subsea structures fabricated in Scotland for a major gas development off Trinidad and Tobago.

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Offshore gas platform at sea
Industry

Malampaya gas field restarts after a major maintenance turnaround

A flagship Philippine deepwater gas project has restarted after a month-long turnaround, with new wells due late this year.

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Offshore platform in open sea
Industry

Oil majors pull crews from Gulf of Mexico platforms ahead of a storm

Major oil companies evacuated nonessential staff from Gulf of Mexico platforms as a tropical storm approached.

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Offshore platform and support vessel
Industry

Oceaneering lands a five-year asset-integrity deal in Qatar

An offshore services company has won a five-year inspection and asset-integrity contract from a Qatar-based oil company.

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Offshore survey vessel at sea
Industry

Fugro wins an offshore survey campaign off Timor-Leste

A Dutch geodata specialist has won an offshore survey campaign off Timor-Leste supporting gas pipeline routing.

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Offshore support vessel at sea
Vessel sales

Seamec buys a diving support vessel from its parent for $70m

An Indian offshore operator has agreed to buy a 2023-built diving support vessel from its parent for $70m.

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Offshore gas platform at sea
Industry

ADNOC sanctions a $6.2bn offshore gas expansion

A Gulf national oil company has taken a $6.2bn final decision to develop an offshore gas field with international partners.

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Offshore oil and gas platform
Industry

Var Energi to absorb BlueNord in a $1.3bn combination

Var Energi has agreed to combine with a North Sea peer in a deal worth around $1.3bn.

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Offshore support vessel at sea
Product

Rolls-Royce supplies 40 engines for ten hybrid support vessels serving Petrobras

An engine maker has delivered 40 units to power ten new hybrid offshore support vessels being built for a Brazilian operator.

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Offshore oil platform at sea
Industry

Harbour Energy opens tender for Mexican deep-water production vessel

An oil operator has invited contractors to develop a floating production unit for a large offshore field in Mexico as it moves toward a final decision.

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Offshore production platform at sea
Product

FPSO tow to Suriname to trial a giant traction kite

A traction kite will be tested during the ocean tow of a new floating production vessel from Asia to Suriname, aiming to cut fuel use.

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Offshore vessel with helideck at sea
Industry

Bordelon Marine adds converted subsea intervention vessel

Bordelon Marine has completed the conversion of an ultra-light intervention vessel equipped for subsea inspection, repair and light construction work.

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Offshore platform serviced by a supply vessel
Industry

Strike threat wins North Sea offshore workers a better pay deal

Offshore workers on Neo Next's Elgin Franklin and North Alwyn platforms have secured an improved pay deal after the threat of strike action.

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Offshore support vessel with crane at sea
Industry

Solstad Offshore profits climb despite softer utilisation

Norwegian offshore vessel owner Solstad Offshore reported a jump in first-half profits despite a dip in fleet utilisation.

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Floating production vessel offshore
Industry

Petronas extends Indonesian FPSO charter out to 2036

Malaysia's Petronas Carigali has extended the charter of an FPSO on its Bukit Tua field offshore Indonesia by another decade, to 2036.

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