
Odfjell Oceanwind plans to order the first batch of floating Mobile Offshore Wind Units (MOWUs) later in 2022, with a plan of going into operation in 2024. The units will be operated as one fleet under Odfjell Oceanwind’s management. Odfjell Oceanwind, part of Norway’s Odfjell Group, is developing a

Offshore drilling contractor Seadrill has revealed a timeline for its expected emergence from the Chapter 11 bankruptcy.

Equinor has shut down the Veslefrikk field, located in the North Sea, in preparation for the upcoming decommissioning activities.

Neptune Energy has awarded a series of contracts to support ongoing operations at its Cygnus Alpha and Bravo platforms in the UK North Sea.

Aker Solutions and Dril-Quip have entered into a collaboration agreement to offer subsea injection systems for carbon capture, utilization and storage (CCUS) projects. Under the agreement, Dril-Quip will provide Aker Solutions with CO2 injection Xmas trees and wellheads that will be fully integrated

Malaysia’s Velesto Energy has secured a one-year contract with oil major ExxonMobil for operations in Malaysia.

Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.

ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.

Offshore drilling contractor Odfjell Drilling will be taking over the management of a jack-up drilling rig from Seadrill.

TotalEnergies and APA Corporation have a significant new oil and associated gas discovery at in the Block 58, offshore Suriname.

PaleBlue has delivered a “modern” remotely operated vehicle (ROV) engineering simulator to Norwegian oilfield services provider Aker Solutions. The simulator will be used to help Aker Solutions simulate the behavior of the subsea robots/ROVs in a controlled environment, performing accessibility chec

IOG is experiencing a further delay in the start-up of its Saturn Banks Project – Phase 1 due to stormy weather conditions.

FAR and Petronas have completed a review of the prospectivity of blocks offshore The Gambia, opening additional exploration opportunities.

Havfram, formerly known as Ocean Installer, has won a contract with Saipem to provide SURF support work offshore Egypt. Havfram will support Saipem with its installation of 160 kilometers of umbilical product in over 1,400-meter water depth on the Zohr North development this year. The scope includes