
Oslo Stock Exchange-listed Prosafe is in high hopes over the upcoming tendering activity for 2025 and beyond, as the market tightens.

MODEC and Toray have pooled resources to develop a carbon fiber-reinforced plastic (CFRP) patch technique for repairs on FPSOs and FSOs.

EnQuest has reached an agreement with Viaro Energy for the sale of a 15% working interest in a North Sea field and floating production, storage and offloading vessel (FPSO). EnQuest reported it had reached an agreement with Viaro Energy’s subsidiary RockRose UKCS 10 today, December 22, to sell a 15%

DOF Group has secured multiple subsea service contracts for one of its construction support vessels (CSVs) in the Asia Pacific region. Skandi Hercules has won three subsea service contracts with Australian-based operators for offshore execution in 2024. The contracts will add approximately six month

Brazilian oil and gas player Enauta has signed a contract with compatriot oil and gas giant Petrobras for the acquisition of oil and gas fields in the Santos Basin off Brazil and natural gas pipeline infrastructure. The company is also set to acquire the FPSO operating in the fields. Enauta is acqui

Ocean Oilfield has embarked on its new maintenance and upgrade job, which was awarded for two jack-up barges by GMS.

Fugro is planning to repurpose two platform supply vessels (PSVs) into geotechnical vessels. This news comes as the Dutch company is currently in the process of repurposing two other PSVs into geotechnical vessels. Fugro announced it had reached an agreement to acquire the Wartsila-designed Sea Gold

Shell has made a final investment decision (FID) for a deepwater oil development in the U.S. Gulf of Mexico.

Island Offshore’s subsea vessel Island Constructor is set to pick up new, next-generation subsea equipment after it completes an assignment in January. Island Constructor, build 279 from Ulstein Verft, will return to the yard in January for a service assignment. The vessel will finish a well service

Woodside has hired Mexico’s Eseasa Offshore for the supply of shore base facilities and services to support its oil and gas development project offshore Mexico.

Aker BP has restored production at a field located in the central part of the North Sea, close to the British sector.

MODEC and Terra Drone Corporation received the world’s first approval from ABS for a drone-based FPSO hull thickness measurement.

Legal trouble brews on the horizon for the UK government and one of the largest undeveloped oil fields in the UK over climate concerns.

SBM Offshore has secured a new multi-million revolving credit facility (RCF) for the financing of the construction of Fast4Ward multi-purpose floater (MPF) hulls.