A six-year-old semi-submersible rig, managed by Odfjell Drilling and owned by Northern Ocean, is getting a new owner, as the current manager sets the stage to become the new owner of this mobile offshore drilling unit (MODU).
Brazilian state-owned energy giant Petrobras has unearthed more oil in the Campos Basin off the coast of Brazil.
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.
The hull of Nexans’ new cable-laying vessel (CLV) Nexans Electra has been launched from the dock hall at Ulstein Verft in Norway, marking the start of the finalizing phase of testing and tuning before delivery next year. The vessel is nearing the completion of the outfitting phase, which has include
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.
With 80 years of history, TAP Air Portugal is proud to be the leading airline connecting Europe, Africa, and the Americas. Operating more than 1,200 weekly flights to 90 destinations across 30 countries, TAP plays a vital role in linking key global trade and energy hubs. Recognising the specific ne
A construction support vessel (CSV) owned by Norway’s Solstad Maritime is set to return to work for DeepOcean in 2027 instead of beginning a five-year contract with Italian cabling giant Prysmian Group as announced in 2024. Under a contract defined as very large, meaning it is worth between $50 mill
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
Spain-based Velto Renewables has completed the acquisition of what is described as “Europe’s largest” 74.3 MWp Les Ilots Blandin floating solar power plant from renewable energy developer Q Energy, becoming the sole owner of the facility located in Perthes, Haute-Marne, France. The company previousl
France-based growth equity firm Audacia has launched Calderion, a €150 million fund dedicated to next-generation fuels such as low-carbon hydrogen, CO2 capture, and e-fuels.
One of the largest construction support vessels (CSVs) in the Solstad fleet has won a contract award that will keep it fully committed until the end of 2027. As Solstad Maritime (SOMA) reported, the CSV Normand Sentinel secured the award with an international subsea contractor for operations worldwi
