Japan’s MODEC has embarked on a strategic merger of its wholly owned companies, MODEC America and SOFEC, to create an integrated mooring solutions business unit and strengthen global offerings.
Moscow-headquartered energy giant PJSC Lukoil is doing its utmost to ensure all operations at its assets are functioning properly during the sale discussions, shortly after receiving a bid from Switzerland’s Gunvor Group for its international portfolio of assets.
Marine geophysical service provider PXGEO has secured two contracts with consortia led by Brazilian oil & gas company Petrobras for the provision of seismic acquisition offshore Brazil. The projects will be carried out consecutively in 2026, with PXGEO deploying its proprietary MNode 4C ocean bottom
ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has made a new gas discovery in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player.
Odfjell Drilling, a 52-year-old offshore drilling player, has landed a new assignment for one of its semi-submersible rigs, which will enable the unit to be booked until the second quarter of 2029.
Ithaca Energy (UK) Limited has extended the stay of an accommodation, safety, and support vessel (ASV) from Prosafe’s fleet at a field it operates in the UK North Sea.
A subsidiary of Malaysia’s state-owned energy giant PETRONAS and Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie) have achieved a milestone, allowing them to move forward with the development of a gas field offshore Suriname.
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture company in Equatorial Guinea with the African country’s national oil company GEPetrol S.A for services in the oil & gas industry. The primary activity of the j
Norwegian oil and gas player Vår Energi has confirmed an oil discovery made in the Barents Sea using a semi-submersible rig from COSL’s fleet.
Norway’s state-owned oil & gas giant Equinor has awarded DeepOcean with a contract for subsea construction and installation activities for a project that aims to extend the production life of an oil & gas field operational since 1992. DeepOcean’s scope of work includes the installation of a subsea s
The Guyanese subsidiary of U.S.-headquartered energy giant ExxonMobil has reached a production milestone at a field it operates offshore Guyana.
Another floating production storage and offloading (FPSO) unit destined for a field in Brazil’s Santos Basin operated by the country’s oil and gas giant Petrobras has started its journey from Hanwha Ocean’s shipyard.
African energy exploration player Rhino Resources has added an additional assignment to a contract for the semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, offshore Namibia.
Norwegian state-owned energy giant Equinor has finalized the sale of its operated interest in a field in Brazil’s Campos Basin to Brazilian oil and gas company PRIO, formerly known as PetroRio.
