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Seatrium and Maersk Settle $475M WTIV Dispute

Dec 22, 2025

Singapore-based Seatrium has resolved its dispute with an affiliate of Maersk Offshore Wind, over the delivery of a wind turbine installation vessel (WTIV), originally intended for Equinor’s Empire Wind 1 project in the United States.Under the agreement Seatrium Energy reached with Maerk’s affiliate Phoenix II A/S, the parties will discontinue all legal proceedings related to the contract, agreeing to deliver the vessel by February 28…

Lamprell Lands Four Offshore EPCI Contracts in Saudi Arabia

Dec 22, 2025

Offshore construction firm Lamprell has secured four engineering, procurement, construction and installation (EPCI) contracts earlier in the Kingdom of Saudi Arabia.Across the four projects, Lamprell’s combined scope includes the installation of new platforms…

Norwegian Sea Delivers Fresh Oil and Gas Discovery

Dec 22, 2025

Equinor and its partners have made a new oil and gas/condensate discovery near the Tyrihans field in the Norwegian Sea.The discovery, made via the exploration well 6407/1-B-2 H, lies in the Tyrihans Øst prospect, about 250 kilometers southwest of Brønnøysund…

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

Dec 22, 2025

Italian engineering group Saipem has secured an offshore engineering, procurement, construction and installation contract in Qatar with a total value of about $4 billion, of which its share amounts to approximately $3.1 billion.The contract…

Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Dec 19, 2025

Saipem has obtained ISO 55001:2024 certification, the international standard for asset lifecycle management, marking a significant milestone in its journey towards operational excellence and offshore sustainability.The certification, issued by DNV…

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Dec 19, 2025

Aker BP has exercised the three-year extension option under the long-term contract with Archer for the provision of platform drilling operations and maintenance services in the North Sea.The long-term contract was originally awarded in November…

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…

TechnipFMC Lands Coral North FLNG Contract from Eni

Dec 19, 2025

Subsea engineering company TechnipFMC has won a substantial engineering, procurement, construction and installation contract from Italy’s Eni for the Coral North floating liquefied natural gas (FLNG) development offshore Mozambique.The contract covers subsea scope for Coral North…

ConocoPhillips Hires Subsea7 for Work Offshore Norway

Dec 19, 2025

Subsea7 has secured a contract by ConocoPhillips Skandinavia, subsidiary of ConocoPhillips, for the Previously Produced Fields (PPF) development, offshore Norway.Subsea7’s scope covers engineering, procurement, construction and installation (EPCI) of subsea structures…

Cadeler Launches 11th Offshore Wind Installation Vessel in China (Video)

Dec 18, 2025

Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections…

US Government Takes Another Look at Virginia Offshore Wind Project

Dec 17, 2025

The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting…

Iberdrola Applies Spanish Coating Tech for German Offshore Wind Farm

Dec 17, 2025

Iberdrola has selected a protective coating developed by Spanish firm Revestimientos Técnicos Sostenibles (RTS) at its Windanker offshore wind farm under construction in Germany’s Baltic Sea.The coating is being used on 21 transition pieces…

DeepOcean Set for Long-Term IMR Duty with Vår Energi

Dec 17, 2025

Ocean services provider DeepOcean has secured a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi.The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years…

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Dec 17, 2025

Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…

ESVAGT Acquires Two SOVs from Edda Wind

Dec 16, 2025

Danish vessel owner ESVAGT has completed the acquisition of Breeze Enabler and Brint Enabler Service Operation Vessels (SOVs) from Edda Wind through a 100% share purchase agreement of the two Spanish vessel owning entities.The SOVs are on long…

Current News

DOF Bags Two Deals in Asia-Pacific Region

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

CNOOC Launches New Offshore Oil Development in Southern China

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

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

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

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