Türkiye‘s national oil & gas giant Türkiye Petrolleri A.O. (TPAO) has become a partner in an offshore exploration license in Bulgaria, located near Sakarya, Türkiye’s largest natural gas field. TPAO reported today, February 18, that it had, as a partner, joined the exploration license in the Khan Te
Bureau Veritas Marine & Offshore (BV) has awarded approval in principle (AIP) certificates for five vessel projects developed by Chinese Hudong-Zhonghua Shipbuilding (Group), spanning LNG and ethane carriers, a floating storage regasification unit (FSRU), onboard carbon capture (OCC)-ready design an
New Zealand’s Ministry of Business, Innovation and Employment (MBIE) has selected Australia’s engineering company Worley as client engineer and technical advisor for the development of the country’s liquefied natural gas (LNG) import terminal. Worley will support the ministry through the procurement
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Norwegian state-owned energy firm Equinor to upgrade the subsea compression system for the Gullfaks field in the Norwegian North Sea. SLB said that OneSu
Norwegian drillship-owning company Deep Value Driller has entered into an agreement with Italy’s engineering, drilling, and construction services giant Saipem for the sale of its seventh-generation drillship for a total purchase price of $272.5 million. In the announcement of the amended bareboat ch
Norwegian offshore vessel operator Havila Shipping has signed a contract with TotalEnergies for the 2009-built platform supply vessel (PSV) Havila Herøy to be deployed in Norway. Under the contract signed with TotalEnergies EP Norge AS, the PSV Havila Herøy will perform operations for 136 days, with
Finnish technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a memorandum of understanding (MoU) to collaborate on decarbonization targets, digitalization goals, smart port solutions and training to support the maritime industry’s transition to sustainable operations. “This co
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
