Autonomous subsea robotics and software solutions specialist Nauticus Robotics has signed a master services agreement (MSA) with Advanced Ocean Systems (AOS), forming a strategic alliance seeks to accelerate the integration of autonomy across the offshore sector…
Kongsberg Maritime has signed a development program framework agreement with Noble Corporation, marking a key step forward in the co-development of advanced marine technologies for the offshore drilling sector.The long-term strategic partnership will focus on the joint development…
Onshore wave energy technology firm Eco Wave Power has completed the installation of floaters for its first U.S. wave energy project at the Port of Los Angeles.With this critical milestone achieved, the company is moving full speed ahead toward the official unveiling on September 9…
Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, has signed a contract with a GCC-based company for its first offshore operation outside Saudi Arabia.The deal, signed with an undisclosed GCC-based energy company, is primarily for offshore exploration drilling…
Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…
French offshore vessel services firm Bourbon has signed a five-year charter agreement with Eni Congo for six next-generation crewboats to support operations on Eni’s offshore fields in the Central Africa country.The agreement includes the deployment of six newly built S200X-G2 crewboats…
Norwegian oil and gas producer Aker BP has signed an agreement with Japex Norge to exchange interests in several North Sea assets, enhancing its presence in the northern sector of the basin.Under the deal, Aker BP will transfer a 10% interest in the Alve Nord development (PL127C) and a 3…
Canada-based oil and gas company Valeura Energy has signed a farm-in agreement with Thailand’s state-backed PTTEP to acquire a 40% interest in offshore Blocks G1/65 and G3/65 in the Gulf of Thailand, marking a major expansion of its regional footprint…
U.S.-based low-carbon marine power, data, and service solutions provider Ocean Power Technologies (OPT) has signed a new reseller agreement with a Latin America-based partner focused on supporting the Mexican offshore and maritime markets.The…
Eco Wave Power has signed an agreement with the Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa.The agreement marks Eco Wave Power's first step…
Mellitah Oil and Gas will work with U.S. construction consulting firm Hill International to manage a project which aims to boost Libya's gas output, the country's National Oil Company (NOC) said in a statement on Wednesday.NOC said a cooperation agreement was signed during a visit by U…
Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering…
UK-based oil firm Serica Energy has completed the acquisition of Parkmead’s subsidiary, Parkmead E&P, securing rights for Skerryvore and Fynn Beauly prospects in the North Sea.The acquisition, announced in 2024, is worth up to $180 million for Parkmead…
Wind industry service company FairWind has appointed Alexandra Hof as Regional Head of Service for Northern Central Europe (NCE). In this newly created role, established to reflect a sharpened focus on local market growth, Hof will lead the…
Singaporean shipbuilder Strategic Marine has delivered next-generation Crew Transfer Vessel (CTV) to new client Yeosu Ocean for offshore wind farm operations in South Korea.The 27-meter-long CTV is based on the StratCat 27 design, developed in close collaboration with BMT…