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France Selects Five Ports for $300M Floating Wind Investment

6 hours ago

France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment program to support infrastructure upgrades for the country's floating offshore wind industry.The projects, located at the ports of Cherbourg, Brest, Nantes-Saint-Nazaire, Port-la-Nouvelle and Marseille-Fos, were chosen under a 2024 call for projects aimed at adapting French port infrastructure for the manufacture…

Allseas to Install Key Piece of Subsea Pipeline for Canadian LNG Project

Jul 29, 2026

Dutch offshore contractor Allseas has secured a contract by Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline, a key component of the planned Ksi Lisims LNG export project in northwest Canada…

KOIL Energy Lands First Brazil Subsea Maintenance Job

Jul 24, 2026

KOIL Energy has secured its first contract in Brazil for subsea umbilical maintenance services, marking the company's entry into the world's largest deepwater offshore market.The contract covers the re-termination and testing of subsea umbilical components…

Allseas Readies Overhauled Solitaire Pipelayer for Gulf Return

Jul 24, 2026

Dutch offshore contractor Allseas has completed one of the most extensive renewal and upgrade programs in the history of its pipelay vessel Solitaire, paving the way for the ship's return to commercial operations following 10 months of work in Rotterdam…

Saitec Tests Nature Inclusive Design Installations at Floating Wind Platform

Jul 09, 2026

Saitec Offshore Technologies, through DemoSATH Lab, is using its operating floating wind demonstrator as a real-scale testing ground to study environmental interactions, improve monitoring methods, and explore solutions that support coexistence with marine biodiversity…

Hugin B Platform Topside En Route to North Sea Development

Jul 06, 2026

The Hugin B platform topside has left Aker Solutions’ yard in Verdal for the Yggdrasil area, completing a three-and-a-half-year portfolio of major offshore project deliveries for Aker BP.The topside sailed on July 6, marking the final delivery…

Fincantieri Strikes Four Deals in $687M Underwater Expansion

Jul 06, 2026

Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets…

Nauticus Robotics Eliminates $4M Debt

Jun 30, 2026

Houston-based Nauticus Robotics has strengthened its balance sheet through a debt-for-equity exchange that eliminates approximately $4 million in outstanding debt while increasing shareholders' equity.The company announced June 30 that an existing lender agreed to convert approximately $4…

ABS Helps Blaze a Digitization Path, Reshaping Offshore Energy

Jun 29, 2026

The offshore energy industry is in the midst of a new investment cycle, driven by major developments in South America, renewed demand for energy security and an increasing reliance on digital technologies to improve asset performance. For Matt Tremblay…

Organized Lightning: Understanding the Evolution of Marine Electrical Systems

Jun 25, 2026

How well do we really understand the electrical systems powering today’s vessels? Many of us realize how important electricity is to our modern world but may be a bit shaky on the specifics. The Welsh comedian Tommy Cooper once joked, 'Electricity is a wonderful thing…

Floating Nuclear: A New Offshore Energy Frontier

Jun 25, 2026

For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…

Mako Offshore Field Takes Step Toward First Gas with PT PAL Contract Award

Jun 22, 2026

The Mako gas project offshore Indonesia has moved further towards development after operator Conrad Asia Energy signed a binding contract with state-owned shipbuilder PT PAL Indonesia for a key piece of offshore infrastructure, project partner Empyrean Energy informed…

Shell-Equinor JV Enlists Shearwater for 4D Streamer Survey in North Sea

Jun 22, 2026

Shearwater Geoservices has been awarded a 4D towed‑streamer seismic acquisition project for the Mariner field in the UK North Sea by Adura Operations, a joint venture between Shell and Equinor.The one-month survey will start in July 2026 and…

50Hertz Picks Siemens Energy-NSORe Team for 2GW North Sea Converter Platform

Jun 17, 2026

German transmission system operator 50Hertz has awarded a consortium comprising Siemens Energy and Neptun Smulders Offshore Renewables (NSORe) a contract to deliver a 2 GW offshore converter system for the North Sea Connector 2 project, marking…

AD Ports Group, Dajin Heavy Explore Offshore Wind Partnership Opportunities

Jun 16, 2026

AD Ports Group and offshore wind equipment manufacturer Dajin Heavy Industry have signed a memorandum of understanding (MoU) to explore cooperation in offshore wind supply chain development, maritime logistics, port infrastructure and strategic vessel investments…

Current News

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Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

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Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Serica Energy Agrees $194M Pharos Energy Acquisition

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Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

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