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France Selects Five Ports for $300M Floating Wind Investment

Jul 31, 2026

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…

Rosenxt Acquires Zupt LLC

Jul 30, 2026

Rosenxt Holding USA LLC, part of the Rosenxt Group, announced the acquisition of Zupt LLC, a Houston-based specialist in subsea metrology, advanced 3D subsea inspection, offshore survey engineering along with and technologies supporting renewable offshore installations…

First Transition Pieces Head to Nordlicht Offshore Wind Farm

Jul 30, 2026

CS Wind has delivered the first transition pieces for Vattenfall's Nordlicht offshore wind project, marking the start of shipments to what is set to become Germany's largest offshore wind development.The transition pieces were loaded out from…

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Jul 30, 2026

Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China…

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…

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Jul 29, 2026

BC Ventures, a 50/50 joint venture between Borr Drilling and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up drilling rigs from Fontis Finance for $287 million, expanding…

ABS: Demand for Floating Offshore Wind Vessels is Rising

Jul 27, 2026

Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a new report from ABS.Produced by ABS in collaboration with Intelatus Global Partners…

Seatrium Expands European Offshore Wind Hub

Jul 27, 2026

Seatrium Offshore Renewable Services (ORS) has begun construction of a new operations hub in the UK to expand its offshore wind capabilities and support a growing pipeline of renewable energy projects across Europe.The new facility in Lowestoft…

Saipem Joins Eni’s Baleine Phase 3 Delivery Crew off Ivory Coast

Jul 27, 2026

Saipem has won two contracts from Eni worth a combined $910 million (€800 million) for work on the Baleine Phase 3 offshore development in Ivory Coast and the expansion of biofuel production capacity at Enilive's Venice biorefinery in Italy…

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…

Expro Strengthens Offshore Drilling Business with New Acquisition

Jul 24, 2026

U.S.-based oilfield services company Expro has completed its acquisition of Norwegian managed pressure drilling (MPD) specialist Enhanced Drilling for approximately $208 million (NOK 2 billion), expanding its portfolio with drilling technologies…

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Jul 24, 2026

BP has advanced the Tangguh Ubadari, CCUS and Compression (UCC) project in Indonesia with the first offshore platform jacket arriving in Fakfak, Papua Barat, marking the start of the offshore installation phase.The jacket completed a 5,800-km…

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Jul 24, 2026

Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8 billion North Hub project in Indonesia, the Indonesian government said.The company…

Saipem Marks Neptun Deep Offshore Installation Milestone in Black Sea

Jul 23, 2026

Saipem has confirmed the completion of a key offshore installation campaign for the Neptun Deep natural gas project in Romania, marking another milestone in the development of what is expected to become the European Union's largest offshore gas project…

DOF Reshapes Fleet With Six-Vessel Transactions

Jul 23, 2026

DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet…

Current News

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Qatar-Linked LNG Tankers Resume Hormuz Transits

Qatar-Linked LNG Tankers Resume Hormuz Transits

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

SLB Secures Aramco Well Construction Work for 450 Wells

SLB Secures Aramco Well Construction Work for 450 Wells

Inpex Takes Additional Stake in Ichthys LNG

Inpex Takes Additional Stake in Ichthys LNG

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