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Business Developments & Projects

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Firm selected to decommission wells at North Sea field inaugurated in 1975
Business Developments & Projects

Firm selected to decommission wells at North Sea field inaugurated in 1975

Aberdeen-based decommissioning services provider Well-Safe Solutions has secured a multi-year contract with Apache North Sea Limited to decommission its platform wells and subsea wells in the Forties Field in the North Sea, inaugurated in 1975. Well-Safe Solutions will lead the contract across all w

about 5 months ago
MacGregor equipment ordered for ultra-large Türkiye-built CLVs
Business Developments & Projects

MacGregor equipment ordered for ultra-large Türkiye-built CLVs

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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

about 5 months ago
EnerMech takes on topside process duty on UKCS
Business Developments & Projects

EnerMech takes on topside process duty on UKCS

Aberdeen-headquartered integrated solutions specialist EnerMech has won a contract to deliver integrated topside process services across a portfolio of offshore assets on the UK Continental Shelf (UKCS). The multi-year contract was awarded by a “leading UKCS operator”, EnerMech said on April 22. The

about 5 months ago
West Neptune drillship; Source: Seadrill
Business Developments & Projects

Two deals for ultra-deepwater drillships add $260M to Seadrill’s backlog

Bermuda-headquartered offshore drilling contractor Seadrill and U.S.-headquartered LLOG Exploration Company (LLOG), a subsidiary of London-listed oil & gas company Harbour Energy, have expanded their more than decade-long collaboration with contract awards for two ultra-deepwater drillships. The Wes

about 5 months ago
Bourbon’s fleet stronger for 13 vessels
Business Developments & Projects

Bourbon’s fleet stronger for 13 vessels

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

about 5 months ago
Norway: Dry well in license awarded in 1985
Business Developments & Projects

Norway: Dry well in license awarded in 1985

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

about 5 months ago
Valeura charters Shelf Drilling’s 19-year-old rig
Business Developments & Projects

Valeura charters Shelf Drilling’s 19-year-old rig

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

about 5 months ago
Illustration; Source: ExxonMobil
Business Developments & Projects

ExxonMobil reaffirms trust in Saipem with eighth contract offshore Guyana

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

about 5 months ago
UK’s Portland Port approved for LNG ship-to-ship transfers
Business Developments & Projects

UK’s Portland Port approved for LNG ship-to-ship transfers

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

about 5 months ago
Oceaneering pilots ROV on Brazilian offshore drilling rig from land
Business Developments & Projects

Oceaneering pilots ROV on Brazilian offshore drilling rig from land

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

about 5 months ago
DOF’s subsea vessel completes ‘major’ makeover at VARD
Business Developments & Projects

DOF’s subsea vessel completes ‘major’ makeover at VARD

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

about 5 months ago
Illustration; Source: OMV
Business Developments & Projects

BP executive becomes OMV’s first female CEO

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

about 5 months ago
Innovex expands with acquisition of 2013-founded US firm
Business Developments & Projects

Innovex expands with acquisition of 2013-founded US firm

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

about 5 months ago
Jangkrik-01; Source: Eni
Business Developments & Projects

Huge gas discovery surfaces in Southeast Asian waters

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.

about 5 months ago