BW Offshore has signed a front-end engineering and design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada.The agreement follows BW Offshore’s selection as preferred bidder for the floating production storage and offloading (FPSO) unit and marks the next phase of the project ahead of a potential final investment decision in 2027.The FEED phase is expected to run through the end of 2026 and will focus on advancing the FPSO design…
The changing global bottom-fixed offshore wind turbine and foundation installation marketThe last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused…
Woodside Energy has appointed Breyden Lonnie as Executive Vice President and Chief Operating Officer Australia.Lonnie has acted in the role since December 2025, with responsibility for Woodside’s portfolio of operations and projects in Western Australia and the Bass Strait…
Dutch grid operator TenneT is preparing to begin horizontal directional drilling at Maasvlakte as part of efforts to connect three offshore wind farms to the onshore grid.Steel casing pipes have been installed at three beach work sites, allowing drilling beneath the beach and seabed to begin…
Amplitude Energy has awarded a contract to JDR Cable Systems to supply subsea control umbilicals for its East Coast Supply Project offshore Victoria, aimed at supporting gas delivery to southeastern Australia.JDR will supply about 18 km of hydraulic control umbilicals…
Misti AI has secured $336,000 in pre-seed funding led by Fuel Ventures, with the round still open as the company targets a total of $673,000, aiming to upscale its artificial intelligence (AI) platform for industrial environments.The platform…
GLO Marine appointed Thomas Wittlin as Chief Executive Officer, effective Q2 2026, signaling the start of a structured growth phase in which the company will evolve from a retrofit-led contractor into a production-enabled marine engineering and integration business…
ZKS Ferrum, a Polish manufacturer specializing in large-scale welded steel structures, has secured a contract from Dajin Offshore to supply steel structures for the Nordseecluster B offshore wind project.The project is the second extension phase of the 1…
In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue new upstream opportunities while governments seek to strengthen domestic and regional energy security…
Top oilfield services companies SLB and Baker Hughes said on Friday they expect higher spending on oil exploration and production, as tighter global supplies driven by the Middle East conflict highlight the need for investment, particularly in North America…
Workers at Inpex’s Ichthys liquefied natural gas facility in Australia have voted in favour of strike action over pay and conditions, union group the Offshore Alliance said on Friday, in a decision that could exacerbate already tight energy supplies globally…
Well-Safe Solutions has secured a multi-year contract with Apache North Sea to decommission platform and subsea wells in the Forties Field.Work is set to begin in 2026, with Well-Safe leading project management, engineering and offshore delivery of the decommissioning program…
With one year since the last AHTS report, we have now started to see the effects of a tightening supply-demand balance as earlier predicted, which has translated into a significant uptick in the North Sea spot market especially.The total global AHTS fleet totals just south of 1…
Over the last few years, the energy trilemma has pivoted away from energy transition to energy security and affordability. As a result, offshore oil & gas exploration and production activity, including deepwater activity, has been relatively healthy…
UK-based Global OTEC has installed a floating ocean thermal energy conversion (OTEC) prototype off the Canary Island in Spain.The platform is designed to generate electricity by using the temperature difference between warm surface water and cold deep ocean water…
