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US Proposes Seabed Mining Auction off Northern Mariana Islands

Aug 18, 2026

The U.S. Interior Department on Monday proposed a sale this year of deep-sea mining leases in U.S. waters surrounding the Northern Mariana Islands, the latest step in President Donald Trump's push to expand domestic supplies of critical minerals.The Marine Minerals Administration proposed an offshore minerals auction covering about 67 million acres of seabed east and west of the U.S. Pacific territory…

Everllence’s 175D Engines to Power Four Offshore Tugs Destined for Guyana

Aug 20, 2026

Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen.These will be operated by Smit Lamnalco…

Fifth FPSO for Exxon Arrives in Guyana

Aug 20, 2026

The fifth floating oil production facility for a consortium led by U.S. energy major Exxon Mobil in Guyana has arrived in Guyanese waters, according to vessel monitoring data on Thursday.The Errea Wittu FPSO, built by Japanese firm MODEC in Singapore…

MFE Becomes U.S. Distributor for IVM’s HYDRO Photogrammetry Systems

Aug 19, 2026

MFE Inspection Solutions has partnered with IVM Technologies, becoming IVM’s first authorized U.S. distributor for its HYDRO Series.Through MFE Offshore, U.S. offshore and subsea teams will gain access to these photogrammetry systems for creating accurate 3D models of underwater assets…

TGS Wins Mediterranean Contract, Upgrades Data Link Performance

Aug 19, 2026

TGS has been awarded a streamer acquisition contract in the Mediterranean. A Ramform Titan-class vessel is scheduled to mobilize in the fourth quarter of 2026, with the survey expected to have a duration of approximately 110 days.Kristian Johansen…

ExxonMobil awards $1.1B in Contracts for LNG project

Aug 18, 2026

ExxonMobil awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado.The U.S. oil major awarded the contracts on behalf of the so-called Area 4 partners, which…

Deployable Energy and Hornbeck Offshore Partner to Advance Nuclear Power

Aug 17, 2026

Deployable Energy has signed a Memorandum of Understanding with Hornbeck Offshore to transform five strategic maritime and offshore markets through the utilization of Deployable Energy's Unity Nuclear Battery. Hornbeck Offshore has also made a strategic investment in Deployable Energy…

ExxonMobil Awards Contracts for Rovuma LNG Project

Aug 17, 2026

ExxonMobil Moçambique, Limitada, on behalf of the Area 4 co-venturers, (ENH, CNPC, ENI, KOGAS and XRG), has awarded approximately US$1.1 billion in pre-investment contracts for critical long-lead upstream equipment supporting the Rovuma LNG Phase 1 development in Cabo Delgado…

Chevron Discovers Oil and Gas Condensate Offshore Angola

Aug 17, 2026

Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration.Western and southern Africa…

Equinor Buys $940m Stake in Gas-Fired Power Plant

Aug 17, 2026

Norwegian energy group ‌Equinor said on Monday it has agreed to buy a stake in a gas-fired power plant in the U.S. state of Pennsylvania, seeking to benefit from rapidly growing electricity demand from data centres and other industry.Equinor will pay $940 million…

The Gulf of America Remains the World's Offshore Innovation Laboratory

Aug 17, 2026

For generations, the Gulf of America has served as the proving ground for offshore innovation. Every major chapter in modern offshore energy has depended upon American engineers, geoscientists, mariners, fabricators, regulators, and offshore workers to solve problems many believed were beyond reach…

MOBY Robotics: A New Playbook for Subsea Mineral Recovery

Aug 17, 2026

Moby Robotics is a new entrant to the subsea swarm autonomous robotic space, created in 2025 and aiming to take a leadership role in the discovery and recovery of subsea minerals market.The race to secure critical minerals from the deep ocean has accelerated dramatically over the past two years…

OSV Market: Howling Wind Test Tight CSOV Market

Aug 17, 2026

As the market moves toward the end of the summer season in the northern hemisphere, several offshore support vessels are expected to roll off their contracts over the coming months. Shipowners are thus already positioning tonnage for the winter and next summer season…

TGS and GTI Collaborate on Seismic Acquisition

Aug 14, 2026

TGS and Geophysical Technology Inc. (GTI), a global provider of seismic recording technology and services, have announced a strategic collaboration agreement to jointly pursue seismic acquisition projects spanning shallow water, transition zone…

Orsted Q2 Beats Estimates

Aug 13, 2026

Danish offshore wind farm developer Orsted reported on Thursday a second-quarter core profit above forecast and maintained its financial outlook for the year.Orsted expanded rapidly over the past decade, but more recently faced higher costs from supply chain disruption and inflation…

Current News

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TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

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ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

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