Vestas Records First Quarter Profit Despite Predictions
Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for
Vestas Records First Quarter Profit Despite Predictions
Valaris Sells Jackup to BW Energy
Valaris has agreed to sell jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million.The sale is expected to close in the second half of 2025…
SLB OneSubsea, Subsea7 Awarded EPCI Contract for bp's Ginger Project
SLB announced the award of an engineering, procurement, construction and installation (EPCI) contract by bp to its OneSubsea joint venture and Subsea7 for the Ginger…
US Gulf Oil Output Could Reach 2.4 million Bpd Despite Geopolitical Instability
The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday.U.S. President…
OPT Signs Up Defense Customer for Multiple WAM-V USVs
Ocean Power Technologies, a U.S.-based marine power, data and service solutions company, has been awarded a contract for multiple WAM-V unmanned surface vehicles (USVs) for delivery to certain Allied Forces.The contract includes
Valaris Lines Up Five-Well Drilling Job off West Africa for High-Spec Drillship
Offshore drilling contractor Valaris has secured a $135 million contract for its Valaris DS-15 drillship, which will be put to work offshore West Africa.The five…
Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project
The Panna-Mukta and Tapti (PMT) joint venture partners, consisting of Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation Limited (ONGC)…
ADNOC Drilling Nets $806M for Three New Island Rigs for Zakum Offshore Field
ADNOC Drilling has been awarded a contract for three island rigs by ADNOC Offshore, valued approximately $806 million, to support expanding operations at the offshore Zakum development project…
Pemex Hires Back Former Head of Exploration and Production
The former head of Mexican state oil firm Pemex's exploration and production arm has returned to his post after the surprise departure of the previous chief this week…
Van Oord Starts Construction Works at RWE’s German Offshore Wind Farm
Van Oord Starts Construction Works at RWE’s German Offshore Wind Farm
Dutch offshore installation firm Van Oord has started scour protection works at
Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape
Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape
The construction of CO2 transit terminal at Port Esbjerg in Denmark has
Dong Fang Offshore Orders Another CSOV from Vard
Vard has secured a new contract with Taiwanese-based Dong Fang Offshore (DFO) for the design and construction of one Commissioning Service Operation Vessel (CSOV)…
- BW Energy Takes FID for Maromba Field Offshore Brazil
- Petrobras Hires Subsea7 for Buzios Field Offshore Work in $1.2B Deal
- Australian Energy Group Congratulates Re-Elected Albanese Government
- Microplastics Becoming Measurable Part of Ocean’s Carbon Cycle
- US Will Revise Biden-Era Bonding Rule
- Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021
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