American Bureau of Shipping (ABS) and Akselos have completed the technical assessment for structural digital twin technology, marking an advancement in the application of the solution for Floating Production Storage and Offloading (FPSO) units鈥
Norwegian offshore vessel owner Solstad 云顶赌场老虎机 has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, subject to board approval, is scheduled to begin in February 2026鈥
Valaris has agreed to sell jack-up drilling rig VALARIS 247 to BW Energy for cash proceeds of approximately $108 million.The sale is expected to close in the second half of 2025, subject to customary closing conditions. As part of the sales agreement鈥
The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday.U.S. President Donald Trump's global tariff announcements have since last month contributed鈥
Dutch offshore installation firm Van Oord has started scour protection works at RWE Nordseecluster offshore wind farm, kicking off the offshore construction for the first phase of the 1.6GW project.The scour protection provides full protection鈥
Australia鈥檚 oil and gas industry congratulates Prime Minister Anthony Albanese on Federal Labor鈥檚 re-election on Saturday and looks forward to continuing to work with the Government on necessary reforms for Australia鈥檚 long-term energy security and economic growth鈥
The Trump administration will revise a Biden-era rule that required the oil and gas industry to provide nearly $7 billion in new financial assurances to cover the cost of decommissioning old infrastructure, the Interior Department said on Friday鈥
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this 鈥 including Saudi鈥
Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (鈧900 million).The transaction, first announced in April 2025鈥
The first European built CO2 carrier, dedicated for work at the Greensand carbon capture and storage (CCS) project, will be christened and launched on May 14, 2025.All ship sections of the vessel have now been successfully constructed and assembled鈥
TM Edison, a consortium of Belgian marine construction companies DEME and Jan De Nul, has installed the first two of a total 23 caissons in the Belgian North Sea, marking the start of construction for the Princess Elisabeth Island, the 鈥榳orld鈥檚 first鈥 artificial energy island鈥
Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE鈥檚 Thor offshore wind farm, completing the installation of the first of 72 monopiles with its heavy-lift vessel Les Alizés.When finished, Denmark鈥檚 largest鈥
INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027.The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness鈥
Norwegian offshore vessel operator Solstad 云顶赌场老虎机 has secured multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV).The AHTS vessels鈥
Guyana's government has submitted an oil pollution bill to the Parliament proposing to make responsible parties liable for damages caused by oil spills, including from vessels, according to a copy of the act published in the Official Gazette鈥
