Wood Group News


Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

Dec 19, 2025

Asset protection technology and offshore energy services provider Tekmar Group has signed a contract worth over $9 million from an existing engineering, procurement and construction customer for a major U.K. offshore wind project.The AIM-listed…

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Dec 12, 2025

Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas…

Solstad Sells Normand Clipper CSV to Global Maritime Group

Dec 12, 2025

Norwegian offshore vessel owner Solstad Maritime has sold its Normand Clipper construction support vessel (CSV) to Global Maritime Group.Global Maritime Group, the current charterer of the vessel, declared the purchase option for the Normand Clipper…

Equinor Books Axess for Riser Replacement Job in North Sea

Dec 01, 2025

Axess Technologies, a subsidiary of Axess Group, has secured another riser replacement contract with Equinor in the North Sea.The contract covers the planning and execution of all topside activities related to riser replacements on Visund and Troll C in the North Sea…

Egyptian President Discusses Energy Investment with Eni CEO

Nov 25, 2025

Egyptian President Abdel Fattah el-Sisi met Eni CEO Claudio Descalzi to review the Italian group's investments in the African country and discuss new initiatives, the energy company said on Tuesday.Eni, which is the operator of Egypt's offshore gas field Zohr…

AD Ports, Masdar Team Up for Offshore Wind Projects

Nov 24, 2025

AD Ports Group and Abu Dhabi Future Energy Company – Masdar have signed a partnership agreement to collaborate on the development and delivery of offshore wind projects.Under the agreement, the companies will identify opportunities where AD…

Green Groups File Suit to Stop Gulf of Mexico Oil Auction

Nov 19, 2025

Environmental groups sued the Trump administration for its decision to move forward with a planned December 10 offshore oil and gas lease sale covering 80 million acres (32 million hectares) in the Gulf of Mexico, they said on Tuesday.Why It's ImportantThe lawsuit…

Hoyer Acquires VMS Group

Nov 18, 2025

Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a marine service provider, have merged to create Hoyer VMS Group, a new company aiming to deliver a unique global offering for power and motion solutions across marine and industrial markets…

MODEC Forms Dedicated Mooring Solutions Unit

Nov 17, 2025

MODEC has outlined plans merge its wholly owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit.SOFEC, known for its permanent mooring systems and fluid transfer technologies…

SBM Offshore Ups 2025 Profit Outlook

Nov 13, 2025

Dutch oil and gas services company SBM Offshore increased its annual earnings outlook for the second time this year on Thursday, lifting its shares, as operating performance improved.The Amsterdam-listed company reported a 26% increase in its directional revenue to $3…

TADEK Celebrates 15th Anniversary with Leadership Restructure

Nov 12, 2025

TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis, announced its new look leadership team and strategic new senior appointments as the company prepares for further growth…

DOF Nets BP’s Subsea Services Job in Atlantic

Nov 10, 2025

Norwegian offshore supply vessel owner DOF Group has secured a contract with BP for the provision of subsea services in the Atlantic region.The three-year firm and two-year options contract will see DOF deploy a high-capability subsea vessel asset to support BP with subsea construction…

DOF Group ASA Shares Q3 2025 Financial Report

Nov 05, 2025

DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million…

Venterra Appoints New Managing Director at CAPE Holland

Nov 03, 2025

Venterra Group has appointed Frank Koopman as Managing Director of CAPE Holland, effective November 1.Koopman brings a distinguished track record in the renewable energy sector and is known for his expertise in leading technical organisations…

Current News

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

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