Norway’s VARD has delivered the seismic source vessel Sanco Sailor to compatriot Sanco Shipping, following the completion of conversion from a seismic research vessel. Sanco Shipping purchased Sanco Sailor in July 2025, at the time named PGS Apollo, after which the 2010-built, 106.6-meter-long vesse
Italy’s energy giant Eni has made a gas and condensate discovery offshore Côte d’Ivoire, said to be the second largest in the country after Baleine, discovered in 2021. The discovery, named Calao South, was made within the major Calao channel complex, which also includes the Calao discovery, with th
Scottish and Southern Electricity Networks (SSEN) Distribution has selected five contract partners to help deliver future investment of up to £950 million (about €1.09 billion) in the Scottish subsea electricity network and support the multi-year framework to renew and upgrade subsea electricity lin
Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar Holdings, is planning to build a new factory for test runs of marine hydrogen engines. The company has acquired land at the Phoenix industrial site in Amagasaki City, Hyogo Prefecture, where it
Norwegian vessel owner DOF Group has begun preparations to kick-start an offshore project in Argentina, where it will deploy two vessels for an expected combined duration of over 250 days. DOF reported yesterday, February 16, that it had secured a substantial contract, defined as worth between $25 m
U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% i
Next Geosolutions’ recently purchased offshore subsea construction vessel (OSCV) is currently en route from Italy to the Middle East to commence operations for Saipem. Last month, Next Geosolutions (NextGeo) reported that it had acquired the OSCV Siem Day from Norway’s Siem Day II for a purchase pri
Dajin Heavy Industry has officially named the first of four 40,000 DWT deck carriers it is building at the Dajin Penglai Offshore facility, from where the vessel has set sail on its maiden voyage. The new vessel, King One, was officially named and “embarked on its new global operational journey” on
Eco Wave Power has signed a letter of intent (LoI) with Wavefront Asset Management (WAM) under which the UK-based asset management firm is expected to provide structured equipment financing and leasing solutions to support the deployment of Eco Wave Power’s wave energy generation equipment across it
A joint venture (JV) company of Malaysia’s MISC Group and Vietnamese PetroVietnam Technical Services Corporation (PTSC) has secured a contract that will keep a 1990-built floating production, storage, and offloading (FPSO) vessel working in Vietnam. The contract awarded to Vietnam Offshore Floating
Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connect
Aker Solutions has secured a five-year contract with Aker BP for maintenance, modification and operation services (MMO) across all of its key assets on the Norwegian Continental Shelf (NCS). The work will be executed within the next-generation MMO alliance covering Valhall, Fenris, Ula, EIGA (Edvard
Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary of the U.
Japan’s Tsuneishi Shipbuilding has delivered a methanol dual-fuelled container vessel at its shipyard in China that will go on a charter with Denmark-based container shipping giant A.P. Moller – Maersk. The methanol dual-fuelled 5,900 TEU type container carrier was delivered by Tsuneishi Group (Zhou
