Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, expanding its international portfolio with a pre-final investment…
Eni, TotalEnergies Greenlight Cronos Gas Development off Cyprus
Eni and TotalEnergies have taken a final investment decision (FID) to develop the Cronos gas field offshore Cyprus, paving the way for the country's first gas project…
ABS: Demand for Floating Offshore Wind Vessels is Rising
Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029…
Apollo Global to Invest $1.5b in Singapore Oil Rig Fund
Apollo Global Management will invest $1.5 billion in Singapore-based Keppel's new private fund that will hold six operational oil rigs, the two companies said on Monday…
Baker Hughes Secures Venture Global’s LNG Liquefaction Tech Order
Baker Hughes has secured a major order from Venture Global LNG to supply liquefaction technology for the expansion of the CP2 LNG project in Louisiana, extending…
Seatrium Expands European Offshore Wind Hub
Seatrium Offshore Renewable Services (ORS) has begun construction of a new operations hub in the UK to expand its offshore wind capabilities and support a growing…
Portugal’s Galp Raises Outlook After 45% Profit Jump
Portuguese energy company Galp Energia posted a 45% jump in second-quarter adjusted net profit on Monday, boosted by higher oil output in Brazil and stronger crude…
Saipem Joins Eni’s Baleine Phase 3 Delivery Crew off Ivory Coast
Saipem has won two contracts from Eni worth a combined $910 million (€800 million) for work on the Baleine Phase 3 offshore development in Ivory Coast and the expansion…
Japan Finds Rare Earth Mud Near Remote Island
An analysis of rare earth-rich mud retrieved from the deep seabed off a remote Pacific Island earlier this year found medium and heavy rare earth elements accounted for about 54% of the
Smaller Footprint, Broader Missions: How CHASING ROVs Expand Subsea Inspection Capabilities
Professional lightweight ROVs are moving beyond visual observation to support positioning, 3D modeling and nondestructive testing—without the deployment footprint of a work-class system.Subsea inspection has traditionally relied on commercial divers, large work-class
KOIL Energy Lands First Brazil Subsea Maintenance Job
KOIL Energy has secured its first contract in Brazil for subsea umbilical maintenance services, marking the company's entry into the world's largest deepwater offshore market…
Allseas Readies Overhauled Solitaire Pipelayer for Gulf Return
Dutch offshore contractor Allseas has completed one of the most extensive renewal and upgrade programs in the history of its pipelay vessel Solitaire, paving the…

