People & Companies News


DOF Sells 2002-Built AHTS Vessel

Sep 24, 2025

Norwegian offshore supply vessel owner DOF Group has signed an agreement to sell the Skandi Handler anchor handling tug supply (AHTS) vessel.The sale has been made through DOF Group’s Danish subsidiary DOF Denmark. The company did not disclose the name of the buyer or the value of the transaction…

NextGeo Signs Eight-Year Deal with 50Hertz for Seabed Survey Services

Sep 23, 2025

Italian offshore services provider Next Geosolutions (NextGeo) has signed an eight-year framework agreement with German transmission system operator (TSO) 50Hertz to deliver geotechnical seabed survey services for offshore substations (OSS) projects…

Equinor’s Askeladd Vest Field Brings More LNG for Europe

Sep 23, 2025

Equinor has started production from the Askeladd Vest subsea field in the Barents Sea, contributing to continued high and long-term production of liquefied natural gas (LNG) from the processing plant at Melkøya.Askeladd Vest consists of two…

ExxonMobil Makes FID for Hammerhead Project off Guyana

Sep 22, 2025

ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…

Chevron Eyes LNG Growth in Europe with Regasification Terminals

Sep 22, 2025

U.S. oil major Chevron is in early-stage talks to explore opportunities in European regasification terminals, as part of its strategy to expand its global presence in the liquefied natural gas market, a senior executive told Reuters.The U.S…

Canada Readies for Offshore Wind

Sep 21, 2025

Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project…

DEME Orders New Offshore Construction Vessel from China

Sep 19, 2025

Belgium-based offshore installation services company DEME has ordered a new Offshore Construction Vessel (OCV), which will be built by PaxOcean at the Zhoushan shipyard in China.The new OCV will strengthen DEME’s subsea cable installation capacity to meet the evolving global offshore wind market…

Woodside Marks Construction Milestone at $17.5B Louisiana LNG Scheme

Sep 16, 2025

Australian oil and gas firm Woodside Energy has marked rapid progress on its $17.5 billion Louisiana LNG project, with construction on the first of three liquefaction trains already more than 22% complete since the final investment decision in April…

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