The Hague-based Wave Energy Collective (Weco) has teamed up with Rijkswaterstaat, part of the Dutch Ministry of Infrastructure and Water Management, to test its wave energy converter (WEC) capable of generating power even in very small sea states. Weco reported today, April 23, that it had been deve
MacGregor’s package of offshore and merchant deck machinery has been ordered for ultra-large cable-laying vessels (CLVs) to be constructed in Türkiye. The specialized package will include offshore deck machinery tailored specifically for cable-laying activities and merchant deck machinery, high-perf
French maritime services player Bourbon has strengthened its fleet with 13 new offshore support vessels since the start of 2026, representing a value of over $180 million, with 10 of them already under contract. Bourbon has acquired six diesel-electric vessels from the Minsheng Group, five platform
Norway’s state-owned energy firm Equinor and its partners have drilled a dry well off Norway in the North Sea, in a production license awarded in August 1985. Following the drilling permit awarded in January, the wildcat well 34/8-A-37 H was drilled in production licence 120, 140 kilometers west of
Canadian oil & gas company Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand. The Enterprise jack-up rig has been chartered for a three-year term which runs until December 31, 2029. Valeura Energy has an option on the st
Italian engineering, drilling, and construction services giant Saipem has secured a new offshore contract with ExxonMobil in Guyana, covering the operator’s eighth oil discovery in the Stabroek block. Worth around $150 million, ExxonMobil Guyana Limited awarded Saipem with a limited notice to procee
Portland Port in the UK has received full approval to carry out liquefied natural gas (LNG) ship-to-ship (STS) transfers, adding to its existing oil and liquified petroleum gas (LPG) transfer services. At the port based in South Dorset, STS operations can be performed alongside one of the berths or
Oceaneering has performed the first piloting operation of a remotely operated vehicle (ROV) on a drilling rig offshore Brazil from its onshore remote operations center (OROC), for Brazilian oil & gas giant Petrobras. The company’s Subsea Robotics segment and Brazilian subsidiary Marine Production Sy
Norway’s VARD has completed upgrades of DOF Group’s 2018-built subsea vessel Skandi Minder to strengthen its capabilities and extend service life. The repair and conversion described as “major” were performed at Vard Langsten and included a remotely operated vehicle (ROV)/LARS upgrade with installat
Austria-headquartered oil & gas player OMV has appointed BP executive Emma Delaney as its first female chief executive officer (CEO), succeeding Alfred Stern. Delaney has been appointed by OMV‘s Supervisory Board as the Chairwoman of the Executive Board and CEO as of September 1, and will assume the
Innovex International, a Houston-based company established in 2024 by the merger of Dril-Quip and Innovex Downhole Solutions, has acquired Louisiana-headquartered Drilling Innovative Solutions (DIS), a manufacturer and distributor of downhole tool products for oil & gas exploration. Innovex said tha
Italy’s energy giant Eni has unveiled a new natural gas discovery off the coast of Indonesia, Southeast Asia. This find is said to confirm the strategic potential of the country’s Kutei Basin, unlocking significant new volumes for domestic and international markets.
Sable Offshore, a Texas-headquartered oil and gas company, has confirmed the timeline for the restart of production from its third platform off the coast of California.
Australia’s energy giant Woodside has revealed award allocations of over $1 billion to Louisiana suppliers for a liquefied natural gas (LNG) development project in the Pelican State, United States (U.S.).
